Streetbeat News

Stock Prices

ZKH

ZKH Group's IPO is indicating an opening price range of $15.50 to $16 per American Depositary Share (ADS), with the IPO being priced at $15.50 per ADS on an offering of 4 million ADSs.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:24 pm

HEI

HEICO Corporation (NYSE:HEI) is expected to report lower Q4 earnings at 68 cents per share compared to 70 cents per share a year ago. Revenue is projected to be $908.34 million, up from $609.64 million. The company previously reported a 27% year-over-year revenue increase in Q3. HEICO shares recently fell 1.6% to $183.01. Analysts from Deutsche Bank, Benchmark, Baird, Morgan Stanley, and B of A Securities have provided various ratings and price targets for HEICO, with accuracy rates ranging from 62% to 82%.

Portfolio Pulse from Avi Kapoor

December 15, 2023 | 3:22 pm

ATNI

BATL

CEG

U.S. stocks were mixed on Friday, with notable gains in several companies. Battalion Oil Corporation surged 81.4% after announcing its acquisition by Fury Resources. ATN International's stock climbed 13.1% following an expansion of its share repurchase program and a dividend increase. Constellation Energy Corporation also saw a 4.3% rise after approving a $1 billion increase to its share repurchase program. Other stocks that moved higher include loanDepot, Compañía de Minas Buenaventura, ZIM Integrated Shipping Services, Context Therapeutics, Bicycle Therapeutics, MINISO Group Holding, Lithium Americas, Alector, Nextdoor Holdings, and JD.com.

Portfolio Pulse from Avi Kapoor

December 15, 2023 | 3:21 pm

EXC

Exelon's stock (EXC) trades lower following a downgrade from Buy to Neutral by Guggenheim, with a new price target set at $40.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:20 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, TSLA, NVDA, GOOGL, and META, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price targets for each asset and advises traders to stay alert to market conditions. The session may be influenced by PMI data and triple witching, which could increase volatility. The memo is part of a service by RIPS, offering insights and real-time mentorship to Market Clubhouse members.

Portfolio Pulse from RIPS

December 15, 2023 | 3:19 pm

CHSN

Nate Anderson of Hindenburg Research has tweeted about China-based pump and dump chatroom operators aggressively promoting CHSN. He suggests that CHSN's recent price increase is due to wash-trading and predicts a sudden collapse of its stock price.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:18 pm

CEG

Constellation Energy's stock is trading higher following the announcement that its board has approved an additional $1 billion for its share repurchase program, doubling the original amount to $2 billion.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:17 pm

NCL

Shares of Northann Corp. were halted due to a circuit breaker after falling 12.2%. This mechanism is triggered to prevent further sharp declines in stock price.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:15 pm

COST

Oppenheimer analyst Rupesh Parikh has reiterated an Outperform rating on Costco Wholesale (NASDAQ:COST) and maintained a price target of $675.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:14 pm

CBIH

Cannabis Bioscience International Holdings (OTC: CBIH) has had its registration statement for the public offering of over 10 billion shares declared effective by the SEC. The company plans to use the proceeds to fund cannabis clinical trials using AI. Texas, where CBIH is based, maintains strict cannabis laws, but some cities are moving towards decriminalization. The article also promotes Benzinga PotProfits, highlighting recent gains in cannabis stocks and teasing upcoming stock picks.

Portfolio Pulse from Jelena Martinovic

December 15, 2023 | 3:09 pm