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Stock Prices

RILY

B. Riley Financial shares are experiencing an uptick in trading following reports that Oaktree is nearing a deal to acquire a majority stake in two of B. Riley's units.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 5:59 pm

COTY

KEYS

TJX

TOL

Toll Brothers reported strong earnings, leading to a 6.5% rise in its stock. Other companies like Keysight, Coty, and TJX also saw stock increases due to positive financial results or other favorable news.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 5:48 pm

DIA

IWM

M

QQQ

SPY

TGT

XLB

XLF

XLU

Stocks trimmed gains on Wednesday due to a downward revision in nonfarm payrolls, indicating a weaker labor market. Target surged on strong earnings, while Macy's fell after lowering revenue guidance. Investors are anticipating the Fed's July meeting minutes.

Portfolio Pulse from Piero Cingari

August 21, 2024 | 5:47 pm

DVN

Devon Energy's short interest has increased by 3.02%, with 16.85 million shares sold short, representing 3.07% of its float. This is below the peer group average of 5.68%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:45 pm

KO

Coca-Cola's short interest has increased by 5.48%, with 33.08 million shares sold short, representing 0.77% of its float. This is lower than the peer group average of 7.37%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:45 pm

AWK

American Water Works (NYSE:AWK) has seen a 4.82% increase in short interest, with 4.08 million shares sold short, representing 2.39% of its float. This is higher than its peers' average of 2.22%. The increase in short interest suggests a bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:45 pm

BIDU

Baidu Inc (NASDAQ:BIDU) is set to report its Q2 earnings, with Wall Street expecting $2.76 EPS and $4.4 billion in revenues. Despite some short-term bullish signals, technical indicators suggest a bearish outlook. Analysts maintain a 'Buy' rating with a price target of $165.67, indicating a potential 45% upside.

Portfolio Pulse from Surbhi Jain

August 21, 2024 | 5:44 pm

M

RFV

RWK

Macy's reported a second-quarter revenue miss, leading to a downward revision of its 2024 sales outlook. Despite exceeding EPS expectations, concerns arise due to slowing comp trends. Analyst Brooke Roach maintains a Buy rating with a $23 price target, but questions remain about Macy's ability to achieve its revised outlook amid a weak macro environment.

Portfolio Pulse from Lekha Gupta

August 21, 2024 | 5:40 pm

RILY

B. Riley Financial's stock surged as Oaktree Capital is in talks to acquire a majority stake in two of its units. The deal values the units at $380 million, but it's not finalized yet. B. Riley's shares are at a 10-year low due to various challenges, including a suspended dividend and an SEC investigation.

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2024 | 5:36 pm

ASTS

GOOGL

LUMN

META

PINS

SIRI

TDS

TTWO

The article highlights significant options activity for 10 communication services stocks, indicating potential trading opportunities. Notable bullish and bearish sentiments are observed in options for companies like SIRI, META, GOOGL, and others.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:35 pm