Streetbeat News

Stock Prices

AFRM

Unusual options activity has been observed for Affirm Holdings (NASDAQ:AFRM), with a bearish stance taken by a large investor. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $15.0 to $25.0 for Affirm Holdings over the last 3 months. The price of AFRM is up 6.77% at $19.16. Barclays downgraded its action to Overweight with a price target of $19, while Wedbush, Morgan Stanley, and JP Morgan maintained their ratings with price targets of $10, $15, and $18 respectively.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 7:30 pm

AAL

A significant investor has taken a bearish stance on American Airlines Group (NASDAQ:AAL), with 53% of recent trades being bearish and 46% bullish. The total amount for put options is $454,028 and for call options is $295,446. Whales have been targeting a price range from $13.0 to $25.0 for American Airlines Group over the last 3 months. The current price of AAL is up 0.95% at $14.87, with RSI indicators suggesting the stock may be approaching oversold.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 7:30 pm

DFS

MCO

NVDA

PATH

TWLO

Ark Invest founder Cathie Wood believes that AI technology will extend to most companies, transforming their value proposition. She mentions Nvidia Corp (NVDA) as a good AI trade and Twilio Inc (TWLO) as an investment opportunity due to its low valuation and promising margins. Wood also highlights UiPath Inc (PATH), a company specializing in robotic process automation, for its potential to optimize business workflows. She notes that AI tech is being integrated into multiple industries, including financial institutions like Moody's Corp (MCO) and Discover Financial Services (DFS).

Portfolio Pulse from AJ Fabino

August 29, 2023 | 7:30 pm

ATKR

Over the past 5 years, Atkore (NYSE:ATKR) has outperformed the market by 31.45% on an annualized basis, producing an average annual return of 40.58%. If an investor had bought $1000 of ATKR stock 5 years ago, it would be worth $5,506.94 today.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 7:30 pm

SPGI

S&P Global (NYSE:SPGI) has outperformed the market over the past 10 years by 10.11% on an annualized basis, producing an average annual return of 20.67%. If an investor had bought $100 of SPGI stock 10 years ago, it would be worth $654.59 today.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 7:30 pm

CRWD

MSFT

Needham analyst Alex Henderson reiterated a Buy rating for CrowdStrike Holdings Inc (CRWD) with a $170 price target, expecting the company to beat conservative estimates due to a stabilizing demand environment and vigorous channel checks. The analyst also noted CrowdStrike's robust AI-driven platform and its increasing strength in Enterprise customers. However, Microsoft Corp's (MSFT) E5 bundling and traction with Defender could pose a threat to CRWD's pricing.

Portfolio Pulse from Anusuya Lahiri

August 29, 2023 | 7:29 pm

AEHR

AVGO

FORM

KLAC

MPWR

Semiconductor and chip stocks are experiencing an increase in their trading values due to the overall strength in the tech sector and continued volatility in AI-related sectors.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 7:24 pm

MSFT

NVDA

SMCI

UBS analyst Karl Keirstead reiterated a Buy rating on Microsoft Corp with a price target of $400. He highlighted the risk of GPU supply constraints from Nvidia Corp for Microsoft's AI ambitions. The AI opportunity that has powered the material out-performance in technology stocks this year primarily comes from Nvidia, the dominant provider of GPUs. GPU demand is out-stripping supply, which is evident in Super Micro Computer, Inc's recent quarterly results.

Portfolio Pulse from Anusuya Lahiri

August 29, 2023 | 7:21 pm

BBAI

HC Wainwright initiated coverage on BigBear.ai, Inc. (NYSE:BBAI) with a Buy rating and a $4 price target. The analyst expects revenue growth acceleration starting in 2024, citing the company's existing backlog and recent contract acquisitions. However, industry competition and potential dilution from raising additional capital were listed as risks.

Portfolio Pulse from Ryan Gustafson

August 29, 2023 | 7:21 pm

GOOD

Gladstone Commercial's (NYSE:GOOD) short percent of float has risen 24.7% since its last report, with 1.47 million shares sold short, which is 4.19% of all regular shares available for trading. This indicates that investors have become more bearish on the stock. However, increasing short interest can sometimes be bullish for a stock.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 7:15 pm