Streetbeat News

Stock Prices

VALE

A large bearish position has been taken on Vale (NYSE:VALE), as observed in publicly available options history. Benzinga's options scanner spotted 11 options trades for Vale, with 10 being puts and 1 call. The overall sentiment of these big-money traders is 36% bullish and 63% bearish. The targeted price range for Vale over the last 3 months is from $10.0 to $15.0.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 3:31 pm

TSM

A significant bearish stance has been taken on Taiwan Semiconductor (NYSE:TSM) as indicated by unusual options activity. The sentiment among big-money traders is 70% bearish and 30% bullish. The whales have been targeting a price range from $80.0 to $140.0 for Taiwan Semiconductor over the last 3 months. The price of TSM is currently down -0.63% at $91.95.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 3:31 pm

QCOM

Qualcomm (NASDAQ:QCOM) has outperformed the market over the past 20 years, producing an average annual return of 8.68%. If an investor had bought $100 of QCOM stock 20 years ago, it would be worth $528.76 today.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 3:30 pm

MCHP

Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 20 years, producing an average annual return of 8.92%. If an investor had bought $100 of MCHP stock 20 years ago, it would be worth $551.97 today. The company currently has a market capitalization of $42.35 billion.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 3:30 pm

DLTR

B of A Securities analyst Robert Ohmes maintains an 'Underperform' rating on Dollar Tree (NASDAQ:DLTR) and has lowered the price target from $130 to $112.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 3:30 pm

BNOX

Bionamics shares are trading higher on above-average volume without any company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 3:28 pm

CYCC

Shares of Cyclacel Pharmaceuticals (CYCC) are trading lower amid above-average volume. There is no company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 3:27 pm

CANO

Cano Health's shares are trading higher on unusually high volume, despite no company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 3:26 pm

NCNC

PNAC

Prime Number Acquisition I Corp has completed its business combination with noco-noco Pte. Ltd. The combined company, nono-noco, will start trading under the symbol 'NCNC' on the Nasdaq on Monday. The shares of Prime Number Acquisition I Corp are currently trading lower.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 3:19 pm

ULTA

Ulta Beauty Inc's shares dropped despite reporting a beat-and-raise quarter. Analysts from Telsey Advisory, Oppenheimer, and William Blair maintained an Outperform rating on the stock. The company's Q2 earnings were ahead of consensus estimates, driven by stronger topline growth and better-than-expected operating deleverage. However, gross margins were impacted by lower merchandise margins, higher inventory shrink, and higher supply chain costs. The company raised their full-year sales guidance by roughly 0.5% and EPS expectations by 1%.

Portfolio Pulse from Priya Nigam

August 25, 2023 | 3:16 pm