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Stock Prices

EFTR

EFFECTOR Therapeutics shares have resumed trading, indicating a potential shift in market dynamics for the company.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:52 pm

F

GM

RIVN

TSLA

General Motors' Chevrolet Silverado RST EV surpasses its rivals, including Tesla's Cybertruck, Rivian's R1T, and Ford's F-150 Lightning Platinum, in estimated range. Initially projected at 400 miles, the Silverado RST EV's range is now estimated at 440 miles, with a real-life test by YouTuber JerryRigEverything achieving 460 miles. The vehicle's price has been adjusted to $94,500, positioning it competitively against its counterparts. Deliveries are expected to start mid-2024.

Portfolio Pulse from Anan Ashraf

April 04, 2024 | 1:52 pm

PARA

Paramount Global's stock price is declining after reports emerged that the Ellison-led bid for the company would necessitate raising new equity. This development could potentially dilute existing shareholders' equity and is likely causing concern among investors.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:51 pm

EFTR

EFFECTOR Therapeutics shares were halted due to a circuit breaker triggered by a significant drop, with the stock now down 83.2%.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:49 pm

ALUR

Trading of Allurion Technologies shares, symbol ALUR, has resumed.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:49 pm

DAY

Dayforce shares are trading lower following a report by Blue Orca Capital announcing they have taken a short position on the stock. This move by Blue Orca Capital could indicate skepticism about Dayforce's future performance or valuation.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:48 pm

CLOD

DAT

IGV

ORCL

PLTR

SHLD

Palantir Technologies Inc. (PLTR) and Oracle Corporation (ORCL) have entered into a partnership to provide secure cloud and AI solutions globally. Palantir will move Foundry workloads to Oracle Cloud Infrastructure and make its Gotham and AI Platforms deployable across Oracle's distributed cloud. The collaboration aims to optimize data value and competitive edge for businesses and governments. PLTR shares rose by 3.95%, while ORCL shares increased by 0.57%. Investors can gain exposure to PLTR and ORCL through ETFs like DAT, SHLD, IGV, and CLOD.

Portfolio Pulse from Nabaparna Bhattacharya

April 04, 2024 | 1:47 pm

GOOGL

HUBS

Hubspot shares have seen an increase following rumors that Alphabet is considering a potential acquisition of the company. This development suggests Alphabet is actively seeking advice on this potential deal.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:47 pm

NEM

Deep-pocketed investors have shown unusual options activity in Newmont (NYSE:NEM), with a bearish sentiment prevailing despite some bullish positions. The activity involves significant trades in both calls and puts, aiming for a price range of $30.0 to $42.5 over the next three months. Newmont, the world's largest gold miner, has recently acquired Newcrest and is expected to sell some higher cost mines. The stock is slightly up with a potential overbought RSI, and earnings are anticipated in 21 days.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 1:47 pm

ULTA

Financial giants have shown a mixed sentiment on Ulta Beauty (NASDAQ:ULTA) with an equal split between bullish and bearish options trades. The trading activity suggests a target price range of $445.0 to $500.0 for ULTA over the next three months. The largest trades include both puts and calls with varying sentiments and strike prices. Ulta Beauty, a leading beauty retailer with a partnership with Target, has seen its stock price slightly increase by 1.0% to $444.4. Analysts have given ULTA an average target price of $601.4, with ratings ranging from Hold to Overweight.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 1:47 pm