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Stock Prices

ARM

Arm Holdings shares are trading lower due to a pullback after a recent surge following its earnings report.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:40 pm

WM

Waste Management's shares saw an increase following the announcement of their Q4 results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:36 pm

BA

Boeing reported a decrease in plane deliveries from 67 in December to 27 in January. This significant drop in deliveries could impact Boeing's financial performance and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:35 pm

CAR

Avis Budget Group Inc (NASDAQ:CAR) has seen a significant bearish sentiment from options traders, with 100% of the detected trades being bearish. The trades include 3 puts and 9 calls, with a focus on a price band between $135.0 and $220.0. The company, known for its vehicle rental and car-sharing services, is currently experiencing a stock price decrease of -3.78%, trading at $162.0. The options market's bearish stance and the current stock performance suggest a cautious outlook for CAR in the short term.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:31 pm

BIDU

Over the past 15 years, Baidu (NASDAQ:BIDU) has produced an average annual return of 20.44%, outperforming the market by 7.46%. A $1000 investment in BIDU 15 years ago would be worth $17,048.50 today. Baidu's current market capitalization stands at $36.62 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:30 pm

FCX

Over the past 5 years, Freeport-McMoRan (NYSE:FCX) has outperformed the market with an annualized return of 22.68%, growing a $100 investment to $296.17. The company's market capitalization stands at $52.15 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:30 pm

META

SNAP

Snap Inc. (SNAP) and Meta Platforms Inc. (META) have been rivals since Snapchat rejected Meta's (then Facebook) $3B buyout offer in 2013. Despite Snapchat's innovative features, Meta's acquisition of Instagram and its subsequent introduction of Instagram stories, which mimic Snapchat's features, have significantly bolstered Meta's user base. Snapchat's recent earnings report showed a 35% stock drop, while Meta's stock has risen 36% year to date. The competition highlights the struggle of smaller companies against tech giants, with Snapchat still valued at $18 billion, significantly more than Meta's initial offer but lagging in stock performance compared to Meta's 1,700% increase since 2013.

Portfolio Pulse from Caleb Naysmith

February 13, 2024 | 3:30 pm

DIA

IWM

QQQ

SPY

Major stock indexes declined following the release of January CPI data, which indicated a higher-than-anticipated increase in inflation. This has raised concerns about the potential for continued aggressive monetary policy by the Federal Reserve.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:29 pm

REKR

The AI industry is projected to grow from $207.9 billion in 2023 to $1.87 trillion by 2030, with significant contributions from companies like Rekor Systems (NASDAQ:REKR), which reported a 132% increase in Q2 revenue and a 178% increase in recurring revenue. The company's AI-driven digital infrastructure system, Rekor OneTM, and its unique position in the transportation infrastructure market, which is expected to grow to $3.6 trillion by 2031, underscore the potential of AI technology in transforming industries and generating investor returns.

Portfolio Pulse from Faith Ashmore

February 13, 2024 | 3:29 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) is set to report its Q4 earnings with expectations of a negative 1 cent EPS and $453.46 million in revenues. The stock has shown bullish technical indicators such as being above its exponential moving averages and a bullish MACD indicator, despite nearing overbought conditions according to the RSI. Analyst consensus rates HOOD as Neutral with a price target of $14.05, amidst recent upgrades. Shares were down 2.6% at $11.70 ahead of the earnings report.

Portfolio Pulse from Surbhi Jain

February 13, 2024 | 3:27 pm