Streetbeat News

Stock Prices

ENGN

EnGene shares are trading lower following the announcement of preliminary data from its LEGEND study of Detalimogene Voraplasmid (EG-70).

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 3:54 pm

CNET

ZW Data Action Technologies shares rose following the announcement of a 1-for-4 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 3:49 pm

BITF

CAN

HUT

MARA

RIOT

Crypto-related stocks are experiencing a rise in share prices due to Bitcoin surpassing $65,000, positive market sentiment, net inflows to Bitcoin spot ETFs, and a recent rate cut by the Federal Reserve.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 3:49 pm

BITO

Bitcoin is experiencing a price increase due to positive market sentiment, increased net inflows to Bitcoin spot ETFs, and a recent rate cut by the Federal Reserve.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 3:48 pm

SHEL

Shell (NYSE:SHEL) has seen a surge in options activity, with a bearish sentiment from big-money investors. The options trades are split between 37% bullish and 62% bearish, with significant trades in both puts and calls. The projected price targets for Shell range from $60 to $75. The stock is currently down 3.57% at $65.59, and RSI indicators suggest it may be oversold.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 3:47 pm

MS

Financial giants have shown a bullish interest in Morgan Stanley (NYSE:MS) options, with 62% of trades being bullish. The options activity suggests a price target between $100 and $105. Despite a recent downgrade by Goldman Sachs to Neutral, the stock is up 1.56% at $103.94. The next earnings report is due in 20 days.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 3:47 pm

IBG

Innovation Beverage Group's shares began trading at $3 per share, despite the IPO being priced at $4 per share for 1.35 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 3:38 pm

BABA

JD

LI

LVS

NIO

PDD

WYNN

XPEV

Chinese stocks surged as China announced a significant fiscal stimulus to boost economic growth. Billionaire David Tepper is increasing his investments in Chinese equities, including companies with exposure to China like Wynn Resorts and Las Vegas Sands.

Portfolio Pulse from Adam Eckert

September 26, 2024 | 3:35 pm

MSTR

Bitcoin is highlighted as a hedge against geopolitical uncertainty, with NYDIG noting its potential parallels to gold's performance. Despite a recent rally, options data shows traders are cautious. Corporate adoption is growing, with Cathedra Bitcoin joining MicroStrategy in strategic investments. NYDIG advises caution with new metrics like 'Bitcoin per share.'

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 3:31 pm

SOFI

Investors are showing a bullish stance on SoFi Techs (NASDAQ:SOFI) with significant options activity detected. Benzinga's options scanner identified 10 unusual trades, with 70% being bullish. The price target for SOFI is between $7.0 and $12.0. The stock is currently trading at $7.72.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 3:30 pm