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Stock Prices

AFRM

Affirm Holdings, Inc. (NASDAQ: AFRM) shares are trading higher due to overall market strength and softer-than-expected PPI figures. Affirm announced an expanded partnership with Tekmetric to offer 'buy now, pay later' options for auto repair services. The company is set to report its fourth-quarter results on Aug. 28, with analysts expecting losses of 51 cents per share and revenue of $603.661 million. Affirm has beaten consensus estimates for the last five quarters.

Portfolio Pulse from Erica Kollmann

August 13, 2024 | 7:22 pm

ADAUSD

Cardano's long-term holders are at an all-time high, with stable user and transaction counts suggesting potential undervaluation and a bullish reversal. Despite a 58% drop from its peak, Cardano is forming a bullish pennant, indicating possible price recovery.

Portfolio Pulse from Khyathi Dalal

August 13, 2024 | 7:19 pm

TOYO

TOYO Co. shares were halted on a circuit breaker due to a significant drop, with the stock now down by 10.2%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:18 pm

F

GM

STLA

TSLA

The United Auto Workers (UAW) has filed federal labor charges against Tesla CEO Elon Musk and former President Donald Trump following their comments about firing employees who threaten to strike. The charges were made with the National Labor Relations Board. Tesla has denied the allegations, stating that the firings were due to performance reviews. This development could impact Tesla's stock and has implications for the 2024 presidential election.

Portfolio Pulse from Chris Katje

August 13, 2024 | 7:17 pm

TXN

Deep-pocketed investors are showing significant interest in Texas Instruments (NASDAQ:TXN) options, with a notable increase in both call and put activities. The sentiment is mixed, with 37% bullish and 37% bearish. Analysts have varied ratings, with price targets ranging from $200 to $250. The stock is currently trading at $196.45, up by 2.29%.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 7:15 pm

IBM

Investors have shown unusual options activity in IBM, with a mix of bullish and bearish trades. The sentiment is split, with 50% bullish and 35% bearish. Analysts have mixed ratings on IBM, with target prices ranging from $200 to $211. IBM's stock is currently up 0.7% at $190.81.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 7:15 pm

BLK

SPY

BlackRock's Rick Rieder believes that the Federal Reserve will cut interest rates at its September meeting, as discussed in a CNBC interview.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:14 pm

AMZN

QQQ

SPY

Amazon.com Inc (NASDAQ:AMZN) shares are trading higher following a lower-than-expected July Producer Price Index (PPI) report, which has increased expectations for a more substantial rate cut by the Federal Reserve. This could boost consumer spending and investment, benefiting Amazon. The news also positively impacted major indices like SPDR S&P 500 ETF Trust (NASDAQ:SPY) and Invesco QQQ Trust, Series 1 (NASDAQ:QQQ).

Portfolio Pulse from Henry Khederian

August 13, 2024 | 7:10 pm

LINKUSD

Chainlink (CRYPTO: LINK) has seen a 3.35% price increase over the past 24 hours, continuing a positive trend with a 4.0% gain over the past week. Despite this, trading volume has decreased by 50.0% over the past week, and the circulating supply has decreased by 0.4%. The current market cap ranking for LINK is #17 at $6.46 billion.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 7:03 pm

ASND

Ascendis Pharma shares are trading higher following price target increases from Goldman Sachs and Jefferies.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:03 pm