Streetbeat News

Assets

TSLA

Tesla has announced plans to increase its spending on artificial intelligence. The move is expected to enhance the company's self-driving technology and other AI-based systems.

Portfolio Pulse from Bill Haddad

July 19, 2023 | 9:44 pm

DOMA

Doma Holdings has completed the sale of its local retail title operations in Texas, Illinois, Indiana, Minnesota, and Wisconsin. The terms of the sale were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 9:16 pm

RIG

Transocean has released its fleet status report, revealing a total backlog of $9.2 billion as of July 19, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 9:09 pm

TSLA

Tesla has maintained $184M in digital assets on its balance sheet for the third consecutive quarter. The company's cryptocurrency holdings have remained constant during this period.

Portfolio Pulse from Charles Gross

July 19, 2023 | 8:52 pm

COP

A significant bullish stance has been taken on ConocoPhillips (NYSE:COP) by a large investor or institution, as evidenced by unusual options activity. The sentiment among these big-money traders is split between 54% bullish and 45% bearish. Over the last three months, the price target for ConocoPhillips has been between $100.0 and $180.0. The company's stock price is currently up 0.67% at $109.48. Analysts have mixed views, with Wolfe Research and Citigroup maintaining a bullish stance, while Morgan Stanley and Mizuho have a more neutral outlook.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:46 pm

TTD

Unusual options activity has been observed for Trade Desk (NASDAQ:TTD), with a large position indicating a bullish stance. The overall sentiment among big-money traders is split evenly between bullish and bearish. The options trades have targeted a price range from $45.0 to $95.0 for Trade Desk over the last 3 months. Analysts have mixed views on the stock, with some maintaining an Overweight rating and others downgrading to Sell.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:45 pm

STLD

Steel Dynamics has expressed confidence that market conditions are favorable for solid domestic steel consumption.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:34 pm

FCX

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years, producing an average annual return of 20.41%. An investment of $1000 in FCX 5 years ago would be worth $2,570.80 today.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:30 pm

AA

Alcoa Corporation (AA) has projected that its total alumina and aluminum shipments for 2023 will remain unchanged at 12.7-12.9 million metric tons and 2.5-2.6 million metric tons, respectively.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:14 pm

PEP

A significant amount of unusual options activity has been detected for PepsiCo (NASDAQ:PEP), with a mix of bullish and bearish stances. The majority of the trades are calls, with a total amount of $553,401, while puts amount to $104,170. Whales have been targeting a price range from $150.0 to $210.0 for PepsiCo over the last 3 months. The price of PEP is up 0.88% at $186.07. Several financial institutions have maintained their ratings on PepsiCo, with price targets ranging from $195 to $212.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:01 pm