Streetbeat News

Stock Prices

TMUS

T-Mobile US, Inc. (NASDAQ:TMUS) is reportedly moving some subscribers to more expensive 5G plans unless they opt out. The affected rate plans include T-Mobile ONE, Magenta, Magenta 55 and Simple/Select Choice. Many customers will be moved to the carrier's Go5G brand, which starts at $75 monthly per phone line. Following this news, TMUS shares are trading lower by 1.65%.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2023 | 2:44 pm

ALB

Bank of America Securities has downgraded Albemarle's stock from Neutral to Underperform and reduced its price target from $212 to $161. This has led to a decrease in Albemarle's share price.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 2:43 pm

AAL

CAR

GASS

HSII

SCX

The article provides an overview of value stocks in the industrials sector, highlighting StealthGas (GASS), Heidrick & Struggles Intl (HSII), L S Starrett (SCX), American Airlines Group (AAL), and Avis Budget Gr (CAR). All these companies have low P/E multiples, indicating they may be undervalued. However, their recent earnings per share have decreased, and the risk with value stocks is that they may not rebound from their undervalued position.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 2:41 pm

BEPC

ENIC

GNE

PAM

Benzinga Insights has identified five value stocks in the utilities sector that may be worth watching: Enel Chile (ENIC), Pampa Energia (PAM), Genie Energy (GNE), Brookfield Renewable (BEPC), and Hawaiian Electric Indus (HE). The selection is based on the price-to-earnings (P/E) multiple, a common indicator of undervalued stocks. The companies' recent earnings per share and dividend yields were also reported.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 2:38 pm

FCEL

FuelCell Energy Inc (FCEL) announced that its electrolyzers will be used in a hydrogen and nuclear study in the UK, contracted by EDF Energy. The project aims to decarbonize asphalt production using hydrogen, produced in bulk at a lower cost using FuelCell's 1-Megawatt Solid Oxide Electrolyzer Cell with nuclear generated heat and electricity. The company's shares were trading lower, down 5.37% at $1.32.

Portfolio Pulse from Adam Eckert

October 18, 2023 | 2:36 pm

AMD

INTC

The Biden administration's decision to halt shipments of advanced AI chips to China has led to volatility in semiconductor stocks, including Intel Corporation (NASDAQ:INTC) and AMD. The new regulations aim to prevent China from using American AI technology for military purposes and include restrictions on exporting chips to China, Iran, and Russia. This could significantly impact AMD's revenue and disrupt its supply chain, potentially leading to shortages of critical components and increased production costs.

Portfolio Pulse from Henry Khederian

October 18, 2023 | 2:35 pm

SPY

USO

The United States Energy Information Administration (EIA) reported that U.S. crude stocks at Cushing, Oklahoma, fell last week to their lowest level since October 2014.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 2:34 pm

XOM

A significant number of investors have taken a bullish stance on Exxon Mobil (NYSE:XOM), with 58% of investors opening trades with bullish expectations and 41% with bearish. The whales have been targeting a price range from $97.5 to $150.0 for Exxon Mobil over the last 3 months. The current price of XOM is up 1.2% at $112.72. Several experts have given their price targets, with the highest being $143 by UBS.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 2:31 pm

PXD

A significant bullish stance has been taken on Pioneer Natural Resources (NYSE:PXD) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is split between 64% bullish and 35% bearish. The whales have been targeting a price range from $245.0 to $280.0 for Pioneer Natural Resources over the last 3 months. The price of PXD is currently up 1.25% at $255.0.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 2:31 pm

SPY

UNG

USO

The Energy Information Administration (EIA) reported a draw of 3.185 million in weekly distillates stocks, which is higher than the estimated draw of 1.360 million and the prior draw of 1.837 million.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 2:30 pm