Streetbeat News

Stock Prices

LLY

Unusual options activity has been observed for Eli Lilly (NYSE:LLY), with a mix of bullish and bearish sentiment among big-money traders. A total of 30 uncommon options trades were spotted, with 21 calls and 9 puts, indicating a potential price window from $300 to $1000. Analysts have mixed opinions, with target prices ranging from $885 to $1106.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 6:31 pm

CTVA

Corteva (NYSE:CTVA) has delivered an average annual return of 15.7% over the past 5 years, outperforming the market by 1.5% annually. A $100 investment in CTVA 5 years ago would now be worth $203.96, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 6:30 pm

COHR

Coherent (NYSE:COHR) has outperformed the market over the past 15 years with an average annual return of 14.04%, resulting in a $100 investment growing to $707.77. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 6:30 pm

AVGO

CHTR

CMCSA

Broadcom, Charter Communications, and Comcast have jointly developed new chipsets to enhance network speeds to over 25 Gbps. This development is expected to improve network performance and customer experience. Broadcom's stock has been performing well, while Charter and Comcast have faced challenges.

Portfolio Pulse from Anusuya Lahiri

September 25, 2024 | 6:29 pm

META

QCOM

Meta Platforms Inc (NASDAQ:META) unveiled new AI features, the Quest 3S VR headset, Llama 3.2 AI model, and Orion holographic AR glasses at its Connect 2024 event. These innovations highlight Meta's focus on AR/VR and AI technologies, potentially impacting its market position.

Portfolio Pulse from Adam Eckert

September 25, 2024 | 6:28 pm

MKFG

NNDM

Nano Dimension is acquiring Markforged in a $115 million all-cash deal, offering a significant premium on Markforged's stock price. The acquisition is expected to close in Q1 2025, enhancing Nano Dimension's market position.

Portfolio Pulse from Lekha Gupta

September 25, 2024 | 6:26 pm

SONN

Sonnet BioTherapeutics (SONN) shares fell by 19.9% after announcing a 1-for-8 reverse stock split to meet Nasdaq's $1.00 minimum bid price requirement. The reverse split will reduce outstanding shares and adjust warrants, stock options, and equity incentive plans.

Portfolio Pulse from Henry Khederian

September 25, 2024 | 6:25 pm

BILI

Bilibili Inc (NASDAQ:BILI) shares are experiencing volatility, trading lower by 1.69% after a significant surge of over 15% the previous day. This fluctuation follows China's Central Bank's announcement of a new stimulus package, which initially boosted Chinese tech stocks. The market is seeing profit-taking as investors reassess positions amid broader economic concerns in China.

Portfolio Pulse from Henry Khederian

September 25, 2024 | 6:23 pm

SLB

High-rolling investors are showing bullish sentiment on Schlumberger (NYSE:SLB) through options trading, with 66% of trades being bullish. The options activity suggests a targeted price range of $30 to $55. Analysts have set an average price target of $57.625 for SLB, with ratings ranging from Buy to Equal-Weight.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 6:16 pm

XPEV

XPeng Inc. (NYSE:XPEV) shares are trading lower amid a broader selloff of U.S.-listed Chinese companies following a new stimulus package by China's Central Bank. The package includes various rate cuts to combat market slowdown. XPeng also launched a new version of its MPV, the X9, to expand its customer base.

Portfolio Pulse from Nabaparna Bhattacharya

September 25, 2024 | 6:08 pm