Streetbeat News

Stock Prices

USO

Oil prices dropped after Angola announced plans to leave OPEC, causing concerns about adherence to production quotas. Brent crude fell 1.1% to $78.80 a barrel, and West Texas Intermediate crude decreased by 1.2% to $73.29. The United States Oil Fund (USO) saw a 0.2% decline in response to the news. Angola's departure raises questions about future production levels and investment, particularly as the country has struggled to meet its quotas in the past.

Portfolio Pulse from Neil Dennis

December 21, 2023 | 8:27 pm

TNON

Tennon Medical's stock price has increased following the company's filing of a U.S. Patent Application for 'Systems For Sacroiliac (SI) Joint Stabilization'.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 8:21 pm

CLNN

Clene Inc.'s stock price has dropped following the FDA's decision that the Phase 2 biomarker NfL reduction findings do not support accelerated approval.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 8:12 pm

TSLA

A Tesla Electric customer in Texas reported receiving a credit of $1,098.76 for their electricity in 2023, which they can cash out. The customer's home is equipped with three Powerwall+ batteries, and they only received one electricity bill for $12.44 throughout the year. Tesla Electric, which is currently exclusive to Powerwall owners in Texas, allows homeowners to buy and sell electricity. Tesla is planning to expand this service to other markets, including Australia. The company's growth in solar energy and utilities could positively influence its stock value.

Portfolio Pulse from Chris Katje

December 21, 2023 | 8:07 pm

DXCM

DexCom (NASDAQ:DXCM) has significantly outperformed the market, with an average annual return of 42.6% over the past 15 years. A $100 investment in DXCM 15 years ago would be worth $20,510.46 today. The company's current market capitalization stands at $46.77 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 8:00 pm

CRM

Salesforce (NYSE:CRM) has delivered an average annual return of 17.12% over the past 10 years, outperforming the market by 7.26% on an annualized basis. A $100 investment in CRM stock a decade ago would be worth $486.30 today. Salesforce's market cap stands at $257.96 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 8:00 pm

LTRY

Lottery.com's stock price has increased following the announcement of an $18 million commitment from Prosperity Investment Management.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 7:55 pm

ALHC

Shares of Alignment Healthcare are trading higher following UBS's decision to maintain a Neutral rating on the stock while increasing the price target from $6.5 to $9.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 7:50 pm

KHC

Options trading analysis for Kraft Heinz (NASDAQ:KHC) shows a bullish sentiment with 60% of traders favoring calls over puts. The focus is on a price target range of $35.0 to $37.5. The largest trades indicate a bearish sentiment on calls and bullish on puts, all with a strike price of $35.00 and expiration on 06/21/24. Kraft Heinz's current stock price is $35.79, with a slight increase of 0.11%, and an RSI suggesting it may be approaching overbought territory. An analyst from Evercore ISI Group has upgraded the stock to Outperform with a price target of $42. Earnings are expected in 55 days.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 7:45 pm

WGO

Truist Securities analyst Michael A. Swartz has maintained a Buy rating on Winnebago Industries Inc (NYSE:WGO) and increased the price target from $70 to $85. Despite a softer-than-expected Q1 performance, impacted by various costs and inefficiencies, Winnebago's outlook remains unchanged. The company has seen recent positive retail demand and dealer stocking optimization leading to lot share gains. The expected decline in Towable RV average selling price is attributed to model mix rather than reduced pricing power. WGO shares rose 2.07% to $72.42.

Portfolio Pulse from Shivani Kumaresan

December 21, 2023 | 7:35 pm