Streetbeat News

Stock Prices

CME

CME Gr Inc.'s stock is currently trading at $199.75, after a 0.55% increase. Over the past month, the stock has increased by 7.80%, and in the past year, by 2.04%. The company's P/E ratio of 24.29 is lower than the Capital Markets industry average of 71.02, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:45 pm

LUV

Southwest Airlines Co (NYSE:LUV) has been downgraded by Raymond James analyst Savanthi Syth from Strong Buy to Outperform, with a price target cut from $47 to $40. The company reported a 4.6% YoY operating revenue growth to $7.04 billion in Q2 FY23, beating consensus. However, the recovery to 2019-level profitability has been pushed from 2024 to 2025. Other analysts from TD Cowen, Barclays, and Deutsche Bank also lowered their price targets for LUV.

Portfolio Pulse from Anusuya Lahiri

July 28, 2023 | 5:43 pm

AMBC

CIA

CINF

ERIE

FANH

HGTY

OXBR

RYAN

SIGIP

TIRX

TRUP

UVE

Insurance stocks showed mixed performance in Friday's intraday session. Tian Ruixiang Holdings, Erie Indemnity, Cincinnati Financial, Selective Insurance Gr, Trupanion, and Fanhua were the gainers, with increases ranging from 4.98% to 7.73%. On the other hand, Oxbridge Re Holdings, Hagerty, Universal Insurance Hldgs, Citizens, Ambac Financial Group, and Ryan Specialty Hldgs experienced declines ranging from 2.78% to 4.95%.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:40 pm

AMD

MSFT

NVDA

Microsoft Corp's stock is trading higher as it emphasized the importance of GPUs for its growing cloud business and AI capabilities. The company's annual report mentioned GPUs as a risk factor for potential outages. The demand for GPUs has surged among top tech companies, benefiting Nvidia Corp and Advanced Micro Devices. Microsoft has started looking beyond its data centers and signed an agreement with CoreWeave, a cloud service that rents out GPUs to third-party developers.

Portfolio Pulse from Anusuya Lahiri

July 28, 2023 | 5:37 pm

SDC

Shares of SmileDirectClub (SDC) are trading higher following the better-than-expected Q2 earnings report from Align Technology. The positive performance of Align Technology, a company in the same sector, has boosted investor confidence in SDC.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:37 pm

CRI

Carter's Inc (NYSE:CRI) reported a Q2 FY23 sales decline of 14.3% YoY to $600.20 million, missing the analyst consensus of $603.51 million. The decline was attributed to macroeconomic factors such as inflation, higher interest rates, and consumer debt levels. The company's adjusted EPS of $0.64 beat the analyst consensus of $0.53. Carter's revised its FY23 sales outlook from $3 billion to $2.95 billion-$3 billion and adjusted EPS guidance from $6.15 to $5.95-$6.15.

Portfolio Pulse from Shivani Kumaresan

July 28, 2023 | 5:36 pm

ABT

APLS

BMY

BSX

DHR

JNJ

MCK

MDT

RXRX

ZTS

Benzinga's options activity scanner has identified significant options activity in 10 healthcare stocks. The stocks include Boston Scientific (BSX), Recursion Pharmaceuticals (RXRX), Apellis Pharmaceuticals (APLS), Medtronic (MDT), Bristol-Myers Squibb (BMY), Danaher (DHR), Zoetis (ZTS), Abbott Laboratories (ABT), McKesson (MCK), and Johnson & Johnson (JNJ). The options activity ranges from bearish to bullish sentiment, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:35 pm

CVNA

DASH

FTCH

LEVI

NIO

RCL

TSLA

XPEV

Benzinga's options activity scanner has identified unusual options activity in the Consumer Discretionary sector. The stocks involved are Tesla (TSLA), Carvana (CVNA), NIO Inc. (NIO), Ford (F), XPeng (XPEV), Li Auto (LI), Levi Strauss (LEVI), Farfetch (FTCH), Royal Caribbean Cruises (RCL), and DoorDash (DASH). The options activity ranges from bearish to bullish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:35 pm

AAPL

CRM

CRWD

ENPH

INTC

MIR

NVDA

QCOM

The article reports on the options activity of 10 Information Technology stocks in today's session. The stocks mentioned are NVDA, AAPL, ENPH, MIR, INTC, ON, CRWD, CRM, IT, and QCOM. The article provides details on the type of trade, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock. The article also provides a detailed explanation of each stock's options activity.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:35 pm

CNHI

CNH Industrial NV reported Q2 FY23 revenue growth of 8% YoY to $6.57 billion, beating the consensus of $6.44 billion. Adjusted EPS of $0.52 also beat the consensus of $0.48. The company reaffirmed the 2023 outlook for its Industrial Activities, expecting net sales to be up between 8% and 11% YoY. Despite the positive report, CNHI shares are trading lower by 5.69% at $14.41.

Portfolio Pulse from Nabaparna Bhattacharya

July 28, 2023 | 5:31 pm