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Stock Prices

CVNA

Carvana's shares are trading higher following an upgrade in its rating from 'D' to 'CCC+' by S&P Global.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 7:39 pm

SHOP

A significant bearish stance has been taken on Shopify (NYSE:SHOP) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is split between 33% bullish and 66% bearish. The price range targeted by these investors for Shopify over the last 3 months is from $40.0 to $210.0. The stock is currently up 2.43% at $64.54, with RSI indicators suggesting it may be approaching overbought. Analysts have mixed opinions, with Roth MKM and Canaccord Genuity upgrading their actions to Buy, while Wedbush downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 7:30 pm

INTC

A significant bullish stance on Intel (NASDAQ:INTC) has been observed through unusual options activity. The sentiment among these big-money traders is split between 51% bullish and 48% bearish. The whales have been targeting a price range from $15.0 to $50.0 for Intel over the last 3 months. The price of INTC is up 1.33% at $38.52, and RSI indicators suggest that the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 7:30 pm

IBN

ICICI Bank (NYSE:IBN) has outperformed the market over the past 15 years, producing an average annual return of 11.64%. If an investor had bought $1000 of IBN stock 15 years ago, it would be worth $5,033.42 today.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 7:30 pm

SPGI

S&P Global (NYSE:SPGI) has outperformed the market over the past 10 years by 9.58% on an annualized basis, producing an average annual return of 19.7%. If an investor had bought $100 of SPGI stock 10 years ago, it would be worth $617.81 today.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 7:30 pm

BA

EADSY

RTX

Shares of Rtx Corp (NYSE:RTX) fell nearly 8% after the company announced a profit cut of up to $3.5 billion due to the recall of 600 to 700 Pratt engines over the next three years. The recall is due to issues with the powder metal used in certain engine parts. This recall is adding to the ongoing engine scarcity affecting Airbus SE (OTC:EADSY) and Boeing Co (NYSE:BA). Despite the profit cut, RTX's dividend yield of 3.05% could potentially provide an income stream for investors.

Portfolio Pulse from AJ Fabino

September 11, 2023 | 7:26 pm

FTTUSD

TRON

TRXUSD

Justin Sun, the founder of Tron (CRYPTO: TRON), is considering a tender offer for (CRYPTO: TRX) tokens currently held by FTX (CRYPTO: FTT) to protect the cryptocurrency community from potential market turbulence. FTX plans to liquidate around $3.4 billion in highly liquid cryptocurrencies at a rate of $100–$200 million weekly, pending court approval. Sun's move aims to reduce the selling impact on the crypto community.

Portfolio Pulse from Murtuza Merchant

September 11, 2023 | 7:21 pm

BB

BlackBerry has announced the launch of a new series of BlackBerry Radar devices – H2M IS – for hazardous materials carriers. This has led to an increase in the company's share prices.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 7:18 pm

BAC

SPY

Bank of America's CFO has stated that the two major factors influencing the bank's performance in the upcoming quarter will be the markets and trading.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 7:16 pm

META

Meta Platforms Inc. is reportedly developing a new AI system that is expected to be as powerful as GPT-4. This news has led to an increase in the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 7:14 pm