Streetbeat News

Stock Prices

ZIM

ZIM Integrated Shipping has seen a significant options activity with 1000 contracts for September 29 $11 calls being bought near the ask price of $0.749. This is compared to an open interest of just 10 contracts, indicating a bullish sentiment among investors.

Portfolio Pulse from Charles Gross

September 08, 2023 | 2:19 pm

DINO

HF Sinclair Corporation shares are trading higher after Wells Fargo maintained an Overweight rating on the stock and raised its price target from $60 to $68.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 2:19 pm

BRK-B

Berkshire Hathaway Inc Class B (NYSE: BRK-B) stock price recently hit a new all-time high of $366, surpassing its previous record of $364 set just a month ago. The stock has risen by 16% this year, but is currently facing resistance and showing signs of struggle. Historical patterns suggest that the current consolidation phase may precede another significant bull trend.

Portfolio Pulse from Zaheer Anwari

September 08, 2023 | 2:18 pm

ADBE

A significant investor has taken a bearish stance on Adobe (NASDAQ:ADBE), with 81% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $460.0 to $620.0 for Adobe over the last 3 months. The price of ADBE is up 0.62% at $563.96. Mizuho and B of A Securities have upgraded their action to Buy with a price target of $630, while UBS has maintained their Neutral rating with a price target of $600.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 2:16 pm

BAC

A large investor has taken a bullish stance on Bank of America (NYSE:BAC), with Benzinga's options scanner spotting 10 uncommon options trades. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range from $28.0 to $40.0 for Bank of America over the last 3 months. Wells Fargo, HSBC, and Oppenheimer have maintained their Overweight, Buy, and Outperform ratings on Bank of America respectively, with price targets of $40, $35, and $49.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 2:16 pm

SNOW

Snowflake Inc (NYSE:SNOW) is transitioning from a data warehouse to a data cloud provider and has launched machine learning products to capture additional workloads. DA Davidson analyst Gil Luria initiated coverage of Snowflake with a Buy rating and a price target of $200, citing the company's industry-leading growth rates and potential to benefit from rising demand for artificial intelligence.

Portfolio Pulse from Priya Nigam

September 08, 2023 | 2:11 pm

TSE

Shares of Trinseo PLC have resumed trading.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 2:11 pm

AAPL

AMZN

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

Market Clubhouse's Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, GOOGL, AMZN, TSLA, META, and NVDA. The memo provides price levels for each stock, based on a proprietary formula that considers price, volume, and options flow. Traders are advised to monitor these stocks closely and be prepared to leverage potential breakouts or reversals.

Portfolio Pulse from RIPS

September 08, 2023 | 2:10 pm

KR

Kroger's CEO has stated that sustained inflation, reduced government benefits including SNAP, and higher interest rates have put pressure on customer spending.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 2:07 pm

ILMN

Activist investor Carl Icahn has expressed his support for Illumina Inc's (NASDAQ:ILMN) new CEO, Jacob Thaysen. This comes as a relief for the company, which is recovering from a proxy battle with Icahn over its $7.1 billion acquisition of Grail in 2021. Icahn, who still holds a stake in Illumina, had been critical of the company's former CEO, Francis deSouza, under whose leadership the company's share price fell by 63%. Investors will be watching Thaysen's management of the Grail business and his efforts to rebuild the company's market value.

Portfolio Pulse from Vandana Singh

September 08, 2023 | 2:04 pm