Streetbeat News

Stock Prices

FCX

Kevin Simpson announced on CNBC that he has sold call options on Freeport-McMoRan, indicating a bearish or neutral outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 4:46 pm

WMT

The options market shows a bullish sentiment towards Walmart (NYSE:WMT), with 54% of traders favoring calls over puts. Analysts maintain positive ratings with target prices ranging from $76 to $85. Walmart's stock is currently trading at $73.79, with a slight increase of 0.46%.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:45 pm

VST

Vistra (NYSE:VST) has seen significant bullish options trading activity, with 62% of traders showing bullish sentiment. The major market movers are focusing on a price band between $40.0 and $95.0. Vistra's stock price is currently $79.88, up by 0.66%, with RSI indicators suggesting it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:45 pm

EME

Investors are showing significant interest in EMCOR Group (NYSE:EME) options, with a mix of bullish and bearish trades. The options activity suggests a focus on a price range between $240 and $400. EMCOR's stock is currently neutral, with a consensus analyst target price of $430.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:45 pm

FTXR

GM

RPV

General Motors (GM) is laying off over 1,000 employees in its software and services division to streamline operations and cut costs. This move is part of a broader strategy to focus on emerging markets like electric vehicles. GM shares are trading higher following the announcement.

Portfolio Pulse from Lekha Gupta

August 19, 2024 | 4:41 pm

ITA

Joe Terranova announced on CNBC that he has sold his holdings in the iShares U.S. Aerospace & Defense ETF (ITA). This move could indicate a shift in sentiment towards the aerospace and defense sector.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 4:38 pm

FFIE

Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) began trading on a split-adjusted basis following a 1-for-40 reverse stock split. The company also announced a launch event for its China-U.S. Automotive Bridge Strategy, aiming to introduce a mass-market second brand. FFIE shares were down over 21.8% at $4.02.

Portfolio Pulse from Adam Eckert

August 19, 2024 | 4:38 pm

XBI

Joe Terranova announced on CNBC that he has sold his holdings in the SPDR S&P Biotech ETF (XBI). This move could indicate a lack of confidence in the biotech sector or a strategic portfolio adjustment.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 4:37 pm

BIDU

Recent options trading trends for Baidu (NASDAQ:BIDU) show a bearish sentiment among significant investors, with 55% of trades being bearish. The trading activity suggests a price target range of $40 to $105. Despite this, professional analysts maintain a positive outlook with a consensus target price of $132.5. Baidu's stock is currently trading at $90.12, with an upcoming earnings announcement in 3 days.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:30 pm

UBER

Uber Technologies has seen a surge in options activity, with 61% of traders showing bullish sentiment. Analysts have mixed ratings, with price targets ranging from $77 to $98. The stock is currently trading at $72.99, up 1.32%, and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 4:30 pm