Streetbeat News

Stock Prices

ASML

Deep-pocketed investors are showing a bullish sentiment towards ASML Holding (NASDAQ:ASML) through significant options activity. Benzinga's options scanner revealed 15 extraordinary options activities, with 60% of the sentiment being bullish. The price range targeted by these options is between $650 and $880. ASML's stock is currently down 3.77% at $796.92, with RSI indicators suggesting it may be oversold.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 2:45 pm

BA

Whales are showing a bearish stance on Boeing, with 54% of recent options trades being bearish. The trading volume is high, but the stock price has decreased by 0.95% to $153.12. An analyst from Wells Fargo downgraded Boeing to Underweight with a price target of $119.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 2:45 pm

APLS

Apellis Pharmaceuticals' stock is declining after the European Medicines Agency's CHMP confirmed its negative opinion on the marketing authorization for pegcetacoplan, a treatment for geographic atrophy. This decision impacts millions of Europeans with this form of blindness.

Portfolio Pulse from Dylan Berman

September 20, 2024 | 2:45 pm

CHPT

ChargePoint Holdings, Inc. (NYSE:CHPT) has secured over $19 million to expand its DC fast charging ports across California highways. The funding is part of the National Electric Vehicle Infrastructure (NEVI) program, aiming to enhance EV charging accessibility. Despite this positive development, CHPT shares are trading lower, having lost over 73% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 2:44 pm

CRK

KeyBanc reports suggest that Jerry Jones might be taking Comstock Resources (CRK) private through a buyout. This potential move could significantly impact CRK's stock price and market perception.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 2:40 pm

BTCUSD

PENDLEUSD

Arthur Hayes, co-founder of BitMEX, sold 350,000 Pendle tokens at a $790,000 loss after a 40% drop in value. Hayes, known for his bullish stance on Bitcoin, has been vocal about the macroeconomic factors driving demand for cryptocurrencies.

Portfolio Pulse from Murtuza Merchant

September 20, 2024 | 2:39 pm

NIO

TSLA

XPEV

Tesla, Nio, and XPeng are competing in the EV market with different strategies. Tesla is focusing on robotaxis and affordable vehicles, while Nio and XPeng are targeting price-sensitive consumers in China. Tesla remains dominant, but Nio and XPeng are gaining momentum.

Portfolio Pulse from Surbhi Jain

September 20, 2024 | 2:36 pm

ELAN

ZTS

Elanco Animal Health's new dermatology treatment, Zenrelia, received FDA approval for treating itchy dogs. Despite its efficacy, concerns about label warnings and adverse events may affect its market adoption. Elanco's stock fell 4.18% following the news.

Portfolio Pulse from Vandana Singh

September 20, 2024 | 2:35 pm

FDX

UPS

FedEx reported a challenging first quarter with a sharp fall in profits due to weak demand for high-margin delivery services, leading to an 11% drop in its share price. The company lowered its annual revenue forecast and is undergoing a complex restructuring to cut costs and improve efficiencies. UPS shares also fell by 2.5% as it faces similar demand shifts.

Portfolio Pulse from Upwallstreet

September 20, 2024 | 2:34 pm

EXC

Exelon shares rise as Jefferies initiates coverage with a Buy rating and a $46 price target. UBS also raises its price target from $40 to $43.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 2:32 pm