Streetbeat News

Stock Prices

AAPL

AI

CPI

DIS

NVDA

PLTR

PYPL

QQQ

RIVN

TSLA

The top 10 trending stocks on WallStreetBets as of August 7, 2023, include Apple Inc. (AAPL), Tesla Inc. (TSLA), Palantir Technologies Inc. (PLTR), Nvidia Corporation (NVDA), Consumer Price Index (CPI), Invesco QQQ Trust (QQQ), The Walt Disney Company (DIS), PayPal Holdings Inc. (PYPL), Rivian Automotive Inc. (RIVN), and C3.ai Inc. (AI).

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 7:41 pm

AMC

APE

AMC Entertainment Holdings is set to report its Q2 financial results. Analysts expect a revenue of $1.27 billion and a loss of 5 cents per share. The company has consistently beat revenue and EPS estimates in the past. Analysts have been bearish on AMC shares with minimal coverage of the stock. Key items to watch include box office revenue and the impact of blockbuster movies. The success of movies like 'Barbie' and 'Oppenheimer' could significantly impact AMC's Q3. AMC's liquidity is also a concern, with a judge overturning a decision to convert AMC Preferred Equity Units into AMC common shares.

Portfolio Pulse from Chris Katje

August 07, 2023 | 7:35 pm

UPST

Shares of Upstart Holdings are trading lower, although there is no company-specific news to explain the movement.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 7:33 pm

SPY

The market on close imbalance is leaning towards the buy-side with $279M. This could potentially impact the SPY ETF.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 7:31 pm

SLB

Benzinga's options scanner detected over 10 options trades for Schlumberger Limited (NYSE:SLB) amounting to $524,083. Whales have been targeting a price range from $40.0 to $65.0 for SLB over the last 3 months. The mean open interest for SLB options trades today is 1110.86 with a total volume of 1,121.00. The price of SLB is up 0.39% at $57.9. Barclays, Susquehanna, and Morgan Stanley maintain positive ratings on SLB with price targets of $70, $68, and $62 respectively, while RBC Capital and Benchmark have downgraded their actions with a price target of $65.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 7:30 pm

HCM

Shares of HUTCHMED are trading lower, following a gain last week.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 7:29 pm

PYPL

PayPal shares are trading higher, rebounding after a decline last week.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 7:20 pm

AMGN

Amgen reported strong Q2 earnings and raised its FY23 outlook last week, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 7:19 pm

MELI

JP Morgan has raised its price target on MercadoLibre's stock from $1,700 to $2,000, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 7:19 pm

DKNG

META

TSLA

Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), and Mark Zuckerberg, CEO of Meta Platforms (NASDAQ:META), have been discussing a potential charity cage fight. However, Musk's recent health issues and disagreements over the streaming platform could pose challenges. Betting odds from DraftKings Inc (NASDAQ:DKNG) favor Zuckerberg.

Portfolio Pulse from Chris Katje

August 07, 2023 | 7:13 pm