Streetbeat News

Stock Prices

VRAX

Virax Biolabs' stock has surged by 189.67%, indicating a significant upward movement in its market value.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:24 pm

ERIC

IDGT

SIXG

Ericsson has agreed to sell its subsidiary iconectiv to Koch Equity Development LLC, expecting a $1 billion cash benefit. The deal is anticipated to close in the first half of 2025, pending regulatory approvals. Ericsson's shares rose by 1.13% following the announcement.

Portfolio Pulse from Lekha Gupta

August 19, 2024 | 2:24 pm

NKLA

Nikola shares declined following the announcement of a securities purchase agreement and a mixed shelf offering filing.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:23 pm

TGTX

TG Therapeutics (NASDAQ:TGTX) has seen significant bullish options activity, with 63% of trades being bullish. The stock price is up 13.68% to $25.1, and analysts have mixed ratings with target prices ranging from $20 to $49. The company focuses on treatments for B-cell diseases and has FDA approval for BRIUMVI.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 2:15 pm

QCOM

Investors are showing a bearish sentiment towards Qualcomm (NASDAQ:QCOM) with significant options activity. 60% of the options are bearish, with a focus on a price range of $105 to $200. The stock is currently trading at $169.57, down 1.52%.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 2:15 pm

UNH

Investors are showing a bullish stance on UnitedHealth Group (NYSE:UNH) with significant options trading activity. Benzinga's options scanner detected 8 uncommon trades, with a sentiment split of 62% bullish and 37% bearish. The price target for UNH is between $505 and $590. The stock is currently trading at $579.68, up 0.35%, and may be approaching overbought territory. An analyst from Cantor Fitzgerald downgraded the stock to Overweight with a price target of $591.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 2:15 pm

IEP

Carl Icahn announced that a settlement with the SEC indicates that Hindenburg Research's 2023 allegations against his company were without merit. This development could impact the perception of Icahn Enterprises (IEP) in the market.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:14 pm

BHP

BHP has successfully negotiated a new deal with the union at Chile's Escondida copper mine, averting a strike and stabilizing the copper supply to China. The agreement includes a bonus and changes to labor conditions. Copper prices fell after the deal was announced.

Portfolio Pulse from Stjepan Kalinic

August 19, 2024 | 2:11 pm

GOOG

GOOGL

Waymo, owned by Alphabet, is advancing its self-driving technology with the new 'generation 6' system, which will be integrated into Geely Zeekr electric vehicles. This technology aims to handle diverse weather conditions with fewer expensive sensors.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:05 pm

JAZZ

Analysts have provided mixed ratings for Jazz Pharmaceuticals (NASDAQ:JAZZ) over the past three months, with a range of price targets and recommendations. The average price target has decreased by 3.36% to $166.92. Jazz Pharmaceuticals has shown positive revenue growth but lags behind industry peers, with strong net margins and effective debt management.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 2:00 pm