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FINX

GFOF

PYPL

PayPal has expanded its partnership with Fiserv to enhance checkout processes, boosting PayPal's stock. The collaboration aims to simplify PayPal service integration for Fiserv's clients, leveraging PayPal's Fastlane for faster checkouts. This move is expected to increase conversion rates and reduce checkout times.

Portfolio Pulse from Lekha Gupta

August 29, 2024 | 2:53 pm

LCID

TSLA

Lucid Motors Inc (NASDAQ:LCID) has achieved a Golden Cross, a bullish technical signal, indicating potential upward momentum. The company is also challenging Tesla with its Lucid Air Sapphire, the world's fastest armored car. Additionally, Lucid is expanding in Saudi Arabia with plans for customer service centers and mobile maintenance, supported by a $1.5 billion investment from Saudi Arabia's Public Investment Fund.

Portfolio Pulse from Surbhi Jain

August 29, 2024 | 2:50 pm

MSFT

Deep-pocketed investors are showing a bearish sentiment towards Microsoft (MSFT) through options trading, with 47% of trades being bearish. This unusual activity suggests potential significant market movements. Analysts maintain high target prices, indicating long-term confidence.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 2:46 pm

MO

Unusual options activity has been observed for Altria Group (NYSE:MO), with a significant amount of bullish sentiment among big-money traders. The options trades include 7 calls and 1 put, indicating a price range of $40.0 to $57.5. Analysts have mixed ratings, with a Buy from Stifel and an Underweight from Barclays.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 2:46 pm

PFE

The options market for Pfizer (NYSE:PFE) has seen significant activity, with a majority of trades being bullish. This suggests that investors anticipate potential positive developments for the company. Analysts have mixed ratings, with price targets ranging from $30 to $45.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 2:46 pm

BBY

Best Buy has revised its financial expectations for 2025, increasing its share repurchase plan to $500 million from the previous $350 million, while reducing its capital expenditure forecast to $750 million from $800 million.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:45 pm

USO

Iraq plans to reduce its oil production to 3.85M-3.9M barrels per day in September, according to a source. This decision could impact global oil supply and prices.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:45 pm

BF

BF/A

BF/B

Brown-Forman Inc reported a Q1 earnings miss with EPS of 41 cents, below the expected 47 cents. Net sales fell 8% to $951 million, with declines in whiskey and tequila sales. The company maintains a cautious outlook for fiscal 2025 amid global uncertainties.

Portfolio Pulse from Nabaparna Bhattacharya

August 29, 2024 | 2:39 pm

AFRM

Affirm Holdings, Inc. (NASDAQ:AFRM) shares surged after the company reported strong Q4 earnings, beating analyst estimates by 72% and showing a 50% revenue growth year-over-year. The company also provided strong Q1 guidance, leading to multiple analysts raising their price targets. AFRM shares are trading significantly above their 50-day moving average.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 2:38 pm

GOOGL

Unusual options activity has been observed for Alphabet (GOOGL), with a mix of bullish and bearish sentiment. A total of 22 uncommon options trades were identified, with a significant focus on call options. The stock is currently trading at $165.32, up 1.52%, and analysts have set an average target price of $212.4.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 2:31 pm