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HAIL

PBW

XPEV

XPeng Inc. (NYSE:XPEV) shares are trading lower despite its flying car division, Xpeng Aeroht, receiving over 1,000 pre-orders for its modular flying car. The company plans to start mass production in 2026, a delay from the original timeline. XPEV stock has lost over 54% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 6:20 pm

DOGEUSD

Dogecoin is nearing a rare macro golden cross, indicating a potential bullish trend despite recent price drops. Crypto trader Kevin predicts a rally within two weeks, aligning with the golden cross. Dogecoin's trading volume and active addresses have decreased, but the Dogecoin Foundation reports progress in development and business adoption.

Portfolio Pulse from Khyathi Dalal

September 06, 2024 | 6:19 pm

MELI

Recent options trading activity indicates a bearish sentiment among large investors towards MercadoLibre (NASDAQ:MELI). Benzinga's options scanner detected 37 unusual trades, with 45% being bearish. The stock is currently down 2.92% at $1978.62, and analysts have set an average target price of $2382.0.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 6:16 pm

PYPL

The options market indicates a bearish sentiment towards PayPal Holdings (NASDAQ:PYPL), with 76% of big-money traders taking a bearish stance. Despite this, analysts maintain positive ratings with price targets ranging from $72 to $90. The stock is currently trading at $69.3, down 3.8%.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 6:16 pm

DJT

The sentencing for former President Donald Trump's hush money trial has been postponed until after the 2024 presidential election to avoid any appearance of influencing the election. Trump was found guilty on 34 counts of falsifying business records. The delay allows more time to consider dismissing the case due to a Supreme Court ruling on presidential immunity. Trump Media & Technology Group (NASDAQ:DJT) shares are down 2.01% amid the news.

Portfolio Pulse from Chris Katje

September 06, 2024 | 6:15 pm

DV

META

DoubleVerify Holdings, Inc. (NYSE:DV) has launched a new Inflammatory Politics and News category on Meta Platforms, Inc. (NASDAQ:META), allowing advertisers to verify campaign quality against controversial content. Despite this launch, DV shares are trading lower, continuing a year-long decline.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 6:08 pm

ORCL

PARA

PARAA

Larry Ellison will gain a controlling interest in Paramount Global through a merger with Skydance Media, expected to finalize in 2025. Ellison will own 77.5% of National Amusements, which controls Paramount, while RedBird Capital Partners will own the remaining 22.5%. The merger aims to improve Paramount's balance sheet and deliver public interest benefits.

Portfolio Pulse from Chris Katje

September 06, 2024 | 6:06 pm

COIN

Coinbase Global, Inc. (NASDAQ:COIN) shares are trading lower due to a price target cut by Barclays and a drop in Bitcoin prices. Barclays analyst upgraded Coinbase to Equal-Weight but reduced the price target from $206 to $169. Broader market weakness following the August jobs report also contributed to the decline.

Portfolio Pulse from Erica Kollmann

September 06, 2024 | 6:03 pm

BNTX

BVNKF

MRNA

Moderna's investigational mpox vaccine, mRNA-1769, shows greater effectiveness than the current Jynneos vaccine in animal studies. The vaccine is in Phase 1/2 trials, with results expected in 2025. BioNTech is also developing a similar vaccine. Moderna's stock is down 1.39%.

Portfolio Pulse from Vandana Singh

September 06, 2024 | 6:02 pm

MCD

Investors are showing a bullish stance on McDonald's (NYSE:MCD) through options trading, with a significant number of call options being purchased. The price range targeted by these trades is between $280 and $305. Analysts have set a price target of $340, with some maintaining a Buy rating. McDonald's stock is currently trading at $291.52, up by 1.23%.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 6:02 pm