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Stock Prices

BJ

BJ's Wholesale shares are experiencing a decline in trading due to weak retail earnings reported by other retail companies.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 7:55 pm

OKTA

Okta's shares fell after reporting Q2 results. Despite beating revenue and EPS estimates, subscription revenue growth decelerated, and guidance for cRPO growth was weaker than expected. Analysts had mixed reactions, with some downgrading the stock due to concerns over growth trajectory.

Portfolio Pulse from Vaishali Prayag

August 29, 2024 | 7:53 pm

BAC

DHI

LEN

NVR

RKT

UWMC

Homebuyers are delaying purchases as they anticipate further declines in mortgage rates, causing slow home sales. Despite a slight increase in existing home sales, the market remains sluggish due to low inventory and homeowners holding onto lower mortgage rates. Mortgage companies and home builders saw modest stock movements.

Portfolio Pulse from Michael Juliano

August 29, 2024 | 7:49 pm

MELI

Investors with significant capital are showing interest in MercadoLibre (NASDAQ:MELI) through options trading, with a mix of bullish and bearish sentiments. The options activity suggests a price range of $1700 to $2400 for MELI. Analysts maintain a positive outlook with target prices ranging from $2025 to $2400.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 7:49 pm

AMGN

Amgen (NASDAQ:AMGN) has seen unusual options activity, with a mix of bullish and bearish trades. The options scanner identified 9 significant trades, with a focus on a price range of $300 to $400. Analysts have mixed ratings on Amgen, with target prices ranging from $305 to $381.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 7:48 pm

FL

Foot Locker shares rise as Barclays upgrades the stock from Equal-Weight to Overweight, increasing the price target from $27 to $34.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 7:42 pm

RZLV

Rezolve AI shares rose following the announcement of a partnership with ChatWerk to enhance eCommerce customer engagement via popular social media platforms.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 7:36 pm

NOK

Nokia has stated that it has nothing to announce in response to speculations mentioned in a recent article. This suggests that any rumors or speculations about the company are currently unfounded or not ready to be disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 7:33 pm

META

Meta Platforms (NASDAQ:META) has significantly outperformed the market over the past decade, with an annualized return of 21.16%. A $1000 investment in META 10 years ago would now be worth $6,742.89, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 7:32 pm

ABBV

Deep-pocketed investors are showing a bearish sentiment towards AbbVie (NYSE:ABBV) as revealed by Benzinga's options scanner. The majority of options activity is bearish, with significant trades in puts and calls. Analysts have mixed ratings, with price targets ranging from $200 to $218.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 7:31 pm