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Stock Prices

DRI

Darden Restaurants (NYSE:DRI) announced a quarterly dividend of $1.31 per share, with Monday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Tuesday, meaning it will trade lower by the dividend amount. The dividend is scheduled to be paid on February 01, 2024, to shareholders who own the stock by the end of Monday's session.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:45 pm

CIO

City Office REIT (NYSE:CIO) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on January 24, 2024. The stock is expected to open 10 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:45 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, TSLA, GOOGL, META, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price levels for each asset and advises traders to stay alert for breakouts or reversals. Significant employment data and December's Final Services PMI may induce market volatility. The memo is part of the Market Clubhouse membership, which offers daily market analysis, a watch list, and real-time trading mentorship.

Portfolio Pulse from RIPS

January 04, 2024 | 2:45 pm

Brookfield Real Assets (NYSE:RA) announced a monthly dividend of 11.8 cents per share, with Monday being the last day for investors to be eligible for the next payout. The stock will go ex-dividend on Tuesday and is expected to open 11.8 cents lower to reflect the payout. Shareholders owning RA by the end of Monday's session will receive the dividend on January 25, 2024.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:45 pm

AMZN

LMT

Boeing Company (BA) and Lockheed Martin Corporation (LMT) are set to launch their Vulcan rocket, a competitor to Elon Musk's SpaceX, as early as next week. The rocket, developed by United Launch Alliance (ULA), a joint venture between BA and LMT, aims to serve entities such as the Pentagon, NASA, and Amazon.Com, Inc. (AMZN). Blue Origin LLC, led by Jeff Bezos, has made a multibillion-dollar acquisition bid for ULA. The Vulcan rocket, which has been in development for nearly a decade, is designed to be a cost-effective, American-made alternative to ULA's Atlas and Delta rockets. ULA has secured contracts for approximately 70 Vulcan missions. BA and LMT shares are trading higher following the news.

Portfolio Pulse from Nabaparna Bhattacharya

January 04, 2024 | 2:44 pm

BIDU

DOYU

HUYA

MOMO

Joyy Inc.'s (NASDAQ:YY) planned $3.6 billion sale of its China livestreaming business to Baidu (NASDAQ:BIDU) has fallen through after failing to receive regulatory approval from China's anti-trust regulator. The deal's collapse has led to a 17% drop in Joyy's stock over two trading days. Joyy had already stopped including the China business in its financials since early 2021, focusing on its Singapore-based Bigo livestreaming business. The company may now need to restate financials for the last three years and seek a new buyer for the China business, potentially at a lower price. Baidu exercised its option to terminate the deal due to unmet closing conditions. The news also affects other companies in the livestreaming sector, such as Kuaishou (1024.HK), Douyu (NASDAQ:DOYU), Huya (NYSE:HUYA), and Hello Inc. (NASDAQ:MOMO).

Portfolio Pulse from The Bamboo Works

January 04, 2024 | 2:43 pm

CCJ

The spot uranium price has reached a 10-year high at $92 per pound, driven by global efforts to expand nuclear power and supply challenges. Cameco (NYSE:CCJ), a major uranium producer, has seen its stock rise 89.7% in 2023 but recently stagnated despite the bullish uranium market. The company may need to purchase uranium to meet contracts and has the financial strength to invest in new projects. Long-term contracts, rather than spot market activity, typically dictate uranium trade, which could affect Cameco's operations.

Portfolio Pulse from Stjepan Kalinic

January 04, 2024 | 2:41 pm

CTRA

MUR

PBR

PUMP

RES

The article identifies five value stocks in the energy sector based on their low P/E ratios, suggesting they may be undervalued. Coterra Energy (CTRA), Petrobras Brasileiro (PBR), Murphy Oil (MUR), RPC (RES), and ProPetro Holding (PUMP) are highlighted. The article provides recent earnings per share (EPS) data and dividend yield changes for these companies, indicating mixed financial performance in the recent quarter.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:39 pm

BTCUSD

ETHUSD

Bitcoin (BTC) and Ethereum (ETH) saw price increases, with BTC surpassing $43,000 and ETH above $2,200. Beam (BEAM) was the top gainer, while XDC Network (XDC) was the biggest loser. The rise in cryptocurrency prices followed positive ADP employment data showing U.S. private businesses added more workers than expected in December. The global crypto market cap increased by 2.7% to $1.66 trillion.

Portfolio Pulse from Avi Kapoor

January 04, 2024 | 2:35 pm

DHR

Danaher (NYSE:DHR) has delivered an average annual return of 20.23% over the past 5 years, outperforming the market by 7.43% on an annualized basis. A $100 investment in DHR 5 years ago would be worth $257.65 today. Danaher's market capitalization currently stands at $170.55 billion.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:30 pm