Streetbeat News

Stock Prices

LAZR

Luminar shares are trading lower following the company's announcement of a workforce reduction.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:14 am

BCRX

BioCryst Pharma's stock is trading higher after the company reported strong results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:13 am

PRFT

Perficient shares are trading higher following the announcement that it will be acquired by an affiliate of BPEA Private Equity Fund VIII.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:13 am

GDDY

LEVI

MU

QCOM

Insiders at Micron, Qualcomm, Levi Strauss, and GoDaddy have recently sold shares. These sales come amidst various company developments, such as funding agreements, executive appointments, and positive financial results. Insider sales can indicate various strategic or personal reasons and should be considered as part of a broader investment decision-making process.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 11:12 am

AU

GOLD

HMY

KGC

Shares of gold stocks, including AU, GOLD, HMY, and KGC, are trading higher due to an increase in the price of gold.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:12 am

STOK

Stoke Therapeutics (NASDAQ:STOK) reported Q1 2024 earnings with a GAAP EPS of $(0.57), surpassing the $(0.61) estimate, and sales of $4.216M, exceeding the $3.214M estimate. However, this represents a 23.51% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:11 am

EXFY

NWPP

TGEN

Insiders at Expensify, New Peoples Bankshares, and Tecogen have recently made significant purchases of their companies' stocks, indicating potential confidence in their respective companies' futures. Expensify and Tecogen are both expected to announce their first-quarter financial results soon, which could be a factor influencing these insider transactions.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 11:11 am

KDP

SFM

As of May 6, 2024, Sprouts Farmers Market, Inc. (SFM) and Keurig Dr Pepper Inc (KDP) in the consumer staples sector are considered overbought with RSI values above 70, indicating potential short-term performance issues. SFM posted strong Q1 results, driving a 10% stock increase over five days, while KDP also reported a 3.5% sales growth in Q1, with its stock up 10% in the same period.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 11:10 am

MPW

Medical Properties Trust's stock trades lower following news that its tenant, Steward Health Care, has filed for bankruptcy protection.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:09 am

BNTX

PARA

QQQ

SPY

U.S. stock futures are up, indicating a potential continuation of the recent rally, supported by strong earnings and the possibility of Fed rate cuts. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket gains. Positive earnings from big tech and a dovish Fed have fueled optimism. Analysts believe the bull market is still in its early stages, with historical data suggesting longer durations for bull markets starting in October. Key economic data and Fed speeches are anticipated this week, while several companies, including Paramount Global and BioNTech, are in focus due to earnings reports and news.

Portfolio Pulse from Shanthi Rexaline

May 06, 2024 | 11:09 am