Streetbeat News

Stock Prices

AMD

AVGO

ENTG

KLAC

LRCX

MRVL

MU

NVDA

Semiconductor stocks, including AMD, AVGO, ENTG, KLAC, LRCX, MRVL, MU, NVDA, are trading lower due to an overall market downturn.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:35 pm

TXN

Recent options activity for Texas Instruments (NASDAQ:TXN) shows a bullish sentiment among investors, with 55% of trades being bullish. The observed trades suggest a price target range of $165.0 to $180.0. Notable options trades include both bullish and bearish sentiments across various expiration dates and strike prices. Texas Instruments, a leading semiconductor manufacturer, has seen its stock price increase by 1.11%, with a current price of $172.23. An analyst from Cantor Fitzgerald has issued a neutral rating with a price target of $170. The company's next earnings report is expected in 19 days.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 7:33 pm

DE

Investors have shown a mixed sentiment towards Deere (NYSE:DE), with options trading data revealing an equal split between bullish and bearish positions. Benzinga's options scanner identified 14 unusual options trades, indicating a targeted price range for Deere between $330.0 and $490.0. The largest trades include both puts and calls with varying sentiments and strike prices. Deere, a leading agricultural equipment manufacturer, is currently trading at $410.38, with a recent analyst downgrade from Truist Securities setting a new price target of $494.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 7:32 pm

GS

Over the past 5 years, Goldman Sachs Gr (NYSE:GS) has outperformed the market with an annualized return of 15.28%, turning a $100 investment into $201.67. The company's market capitalization stands at $135.65 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 7:31 pm

BTCUSD

Bitcoin's availability on cryptocurrency exchanges has reached an 18-month low, with over 90,000 bitcoins withdrawn in the past month, indicating a trend towards long-term holding. Factors such as rising Bitcoin prices, potential ETF approvals, and the upcoming Bitcoin halving event are contributing to this trend. However, recent data from Glassnode shows a shift from long-term to short-term holders, suggesting potential short-term volatility. The overall trend still points to long-term confidence in Bitcoin.

Portfolio Pulse from Murtuza Merchant

April 04, 2024 | 7:29 pm

TLRY

Tilray shares are trading lower due to a pullback in cannabis stocks after recent gains.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:27 pm

OI

O-I Glass, Inc. announced a CEO transition and board change, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:26 pm

SMMT

Summit Therapeutics announced a leadership restructuring, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:25 pm

ZTS

Zoetis shares are experiencing an uptick in trading, potentially driven by concerns surrounding bird flu.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:21 pm

META

Meta Platforms, Inc. (NASDAQ:META) shares reached a new all-time high of $530.00 after Jefferies maintained a Buy rating and raised its price target from $550 to $585. The company clarified it did not share private messages with Netflix, allowing users to message friends about Netflix content directly. Meta is expected to announce Q1 financial results with earnings of $4.28 per share and revenue of $36.051 billion. The stock has grown 23.73% over the past 5 years with a beta of 1.0, indicating high volatility. Its forward P/E ratio is 25.25, above the S&P 500 average.

Portfolio Pulse from Erica Kollmann

April 04, 2024 | 7:18 pm