Streetbeat News

Stock Prices

WFC

Recent options trading trends for Wells Fargo (NYSE:WFC) show a slight bearish sentiment with 52% of trades being puts. Analysts have mixed ratings, with target prices ranging from $59 to $70. The stock is currently trading at $59.66, down by -0.01%.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 5:02 pm

LMT

TEL

XLU

The CNBC Halftime Report's final trades include Lockheed Martin, TE Connectivity, SPDR Select Sector Fund - Utilities, and 2-Year Treasury. These recommendations highlight a mix of defense, technology, utilities, and fixed income assets.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 5:00 pm

BURL

Burlington Stores (NYSE:BURL) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.46%. A $1000 investment in BURL 10 years ago would be worth $7,629.60 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 5:00 pm

CNC

Centene (NYSE:CNC) has significantly outperformed the market over the past 20 years, delivering an average annual return of 14.03%. A $1000 investment in CNC 20 years ago would be worth $13,449.23 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 5:00 pm

BHC

Bausch Health Companies Inc. (NYSE:BHC) has responded to a news article by Reorg® that contained unsubstantiated rumors about the company considering bankruptcy or insolvency proceedings. Bausch Health clarified that it is not involved in any such discussions.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 4:54 pm

BSX

Boston Scientific Corporation (NYSE:BSX) reported strong Q2 earnings, with revenues of $4.12 billion and an adjusted EPS of $0.62, both beating consensus estimates. The company raised its 2024 guidance, forecasting net sales growth of 13.5%-14.5% and adjusted EPS of $2.38-$2.42. Despite the positive results, BSX stock was trading lower by 1.95%.

Portfolio Pulse from Vandana Singh

July 24, 2024 | 4:53 pm

ALK

HA

Hawaiian Holdings shares are trading lower due to an unconfirmed report suggesting that the DOJ will likely not approve the company's sale to Alaska Air.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 4:52 pm

DAL

Delta Air Lines experienced significantly fewer flight cancellations on Wednesday. The airline's CEO stated that the cancellations and delays caused by a global technology breakdown should be resolved by Thursday.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 4:51 pm

BTCUSD

Vice President Kamala Harris will not attend the Bitcoin 2024 conference, sparking controversy within the cryptocurrency community. Criticisms from industry leaders highlight the administration's strained relationship with digital assets. Former President Donald Trump is set to speak at the event, with analysts advising against shorting Bitcoin ahead of his appearance.

Portfolio Pulse from Murtuza Merchant

July 24, 2024 | 4:50 pm

TSLA

Tesla's Q2 financial results have led to mixed reactions from analysts, primarily focusing on the company's automotive gross margins. Analysts have adjusted their ratings and price targets, with some highlighting upcoming catalysts like Robotaxi Day, new product launches, and potential FSD licensing. Despite the current challenges, many analysts remain optimistic about Tesla's long-term growth prospects.

Portfolio Pulse from Chris Katje

July 24, 2024 | 4:48 pm