Streetbeat News

Stock Prices

SAVE

Shares of Spirit Airlines Inc (NYSE:SAVE) are trading lower by 2.06% in sympathy with Alaska Air, which fell after reporting Q2 earnings and guiding 0-3% topline growth in Q3. The performance of Alaska Airlines is viewed as indicative of broader industry trends, leading to a negative sentiment towards airline stocks, including Spirit Airlines. Alaska Air shares declined by 9.22% following the company's less optimistic outlook.

Portfolio Pulse from Henry Khederian

July 25, 2023 | 5:51 pm

INTU

Intuit Inc.'s shares have increased by 12.32% in the past three months. The company's total debt stands at $6.61 billion, with net debt at $2.87 billion after adjusting for $3.75 billion in cash-equivalents. Intuit's total assets amount to $28.92 billion, resulting in a debt-ratio of 0.23. While debt can help a company grow, it can also put the company at risk for default if interest rates increase.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:45 pm

WRNT

Warrantee ADS has opened for trade at $4.80 per ADS.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:43 pm

WRNT

Warrantee ADS has opened for trade with its IPO priced at $4 per ADS on 2.4 million ADS.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:41 pm

HUIZ

MRAI

ROOT

TIRX

During Tuesday's intraday session, several insurance stocks experienced significant movement. Gainers included Marpai (MRAI), Huize Holding (HUIZ), United Insurance Holdings (UIHC), Crawford (CRD), HCI Group (HCI), and Brown & Brown (BRO), with increases ranging from 2.6% to 6.58%. Losers included Root (ROOT), Tian Ruixiang Holdings (TIRX), RLI (RLI), SelectQuote (SLQT), Hallmark Financial Servs (HALL), and eHealth (EHTH), with decreases ranging from 2.24% to 4.38%.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:40 pm

CVNA

Stephens analyst Daniel Imbro has reiterated an Equal-Weight rating on Carvana Co. (NYSE:CVNA) and raised the price target to $42 from $9. This follows Carvana's better-than-expected Q2 sales and positive adjusted EBITDA guidance for Q3. Imbro raised FY23 adj. EBITDA estimate from $13.4 million to $246.9 million, reflecting Q2 beat and better future profitability from expense control. However, CVNA shares are trading lower by 2.5% to $45.08.

Portfolio Pulse from Nabaparna Bhattacharya

July 25, 2023 | 5:39 pm

AAL

American Airlines Group Inc (NASDAQ:AAL) shares are trading lower by 1.18% to $16.68. This is in sympathy with Alaska Air, which fell after reporting Q2 earnings and guiding 0-3% topline growth in Q3. The airline industry is susceptible to various external factors, such as fuel costs, economic conditions and travel demand. If Alaska Airlines' guidance reflects a cautious approach to Q3, it might signal potential headwinds facing the entire industry, which could negatively impact American Airlines' stock price.

Portfolio Pulse from Henry Khederian

July 25, 2023 | 5:36 pm

CVNA

CWH

CZR

LCID

LOW

PHM

PTON

RIVN

TSLA

The article reports on the options activity of 10 consumer discretionary stocks, including Tesla (TSLA), Rivian (RIVN), Peloton (PTON), Carvana (CVNA), Lowe's (LOW), PulteGroup (PHM), Lucid Group (LCID), Camping World Holdings (CWH), General Motors (GM), and Caesars Entertainment (CZR). The options activity is tracked by Benzinga's options activity scanner, which monitors the transactions of entities with large sums of money, also known as 'whales'. The article provides detailed information on the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each of the mentioned stocks.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:35 pm

DIS

DISH

GOOG

GOOGL

META

PINS

SIRI

SNAP

Benzinga's options activity scanner has identified significant options activity in the Communication Services sector. The stocks involved include Snap Inc. (SNAP), Sirius XM Holdings Inc. (SIRI), Meta Platforms Inc. (META), Alphabet Inc. (GOOGL and GOOG), The Walt Disney Company (DIS), AT&T Inc. (T), DISH Network Corporation (DISH), Pinterest, Inc. (PINS), and Sea Limited (SE). The options activity ranges from neutral to bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:35 pm

AAPL

AMD

CRM

CSCO

DDOG

MDB

MSFT

NVDA

PLTR

TENB

The article reports on the options activity of 10 Information Technology stocks in today's session. The stocks include AMD, NVDA, AAPL, MSFT, PLTR, DDOG, TENB, CSCO, CRM, and MDB. The article provides detailed information about the type of trade, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:35 pm