Streetbeat News

Equity Actions

IVP

Inspire Veterinary Partners announced a 1-for-100 reverse stock split, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 6:35 pm

CLLS

Cellectis shares are trading higher following the announcement of the completion of an additional equity investment by AstraZeneca.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 6:34 pm

Recent analyst evaluations of Mastercard (NYSE:MA) show a mix of bullish and bearish perspectives, with a total of 13 analysts sharing their views over the past three months. The sentiment has shifted slightly towards more bullish in the last 30 days. The 12-month price targets suggest an upward trend, with an average target of $525.15, indicating a 2.08% increase from the previous average of $514.45. Mastercard, a leading payment processor, has shown impressive financial performance, including a revenue growth rate of 10.44% as of March 31, 2024, and a net margin of 47.43%. However, its debt-to-equity ratio of 2.16 indicates a higher level of financial risk.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 6:01 pm

NOW

ServiceNow (NYSE:NOW) has seen significant bullish activity in its options market, with 24 unusual trades indicating a bullish sentiment among traders. The analysis shows a majority of trades are calls, suggesting expectations for the stock to rise, with a price window targeted between $600.0 to $1140.0. Notable options activity includes various bullish calls with expiration dates in 2024. The company's current market performance shows a 1.1% increase in stock price to $724.55, with neutral RSI indicators. Analysts have issued positive ratings with target prices ranging from $825 to $950, reflecting optimism about the company's future performance.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 6:01 pm

DJT

SPY

Citadel's CEO, Ken Griffin, has expressed approval for the names being considered for Trump's cabinet, according to Reuters. This endorsement from a prominent figure in the financial industry could influence investor sentiment and market outlook.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:52 pm

AAL

CAT

CPA

ETN

JBLU

MTZ

RUN

UAL

UBER

Today's session highlighted significant options activity in the Industrials sector, with notable trades on UAL, JBLU, RUN, UBER, CAT, ETN, CPA, MTZ, AAL, and GE. The activity ranged from bearish call options to bullish put options, with varying expiration dates and strike prices. This options activity could indicate traders' sentiment and potential market movements in these stocks.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 5:35 pm

AMZN

CVNA

GCT

GME

NCLH

RIVN

TSLA

WYNN

Today's session highlighted significant options activity in the Consumer Discretionary sector, with notable trades in TSLA, GME, RIVN, F, GCT, AMZN, NCLH, SN, WYNN, and CVNA. The activity ranged from bearish to neutral and bullish sentiments, involving both call and put options with various expiration dates and strike prices. This options activity could indicate market movements or investor sentiments towards these stocks.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 5:35 pm

AVGO

BILL

COHR

DELL

INTC

MARA

NVDA

PLTR

Today's whale activity in the Information Technology sector highlighted significant options trading across several companies, indicating varied market sentiments. Notable trades included bearish calls on NVDA and MARA, bullish puts on PLTR, INTC, and DELL, and neutral positions on BILL, AVGO, and COHR. These activities, captured by Benzinga's options activity scanner, suggest traders are actively seeking opportunities based on divergences in market valuation of options.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 5:35 pm

SPY

Citadel's CEO, Ken Griffin, expressed concerns about service inflation, indicating it is likely to persist, which could have implications for the broader economy and financial markets.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:34 pm

SPY

Fed's Williams suggests that the era of low volatility in financial markets may have ended, indicating potential shifts in economic policies or market conditions that could affect investor strategies.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:28 pm