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RMCF

Rocky Mountain Chocolate Factory shares are trading higher following the announcement of a $2.2 million private placement.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:19 pm

HUBC

Hub Cyber Security reported receiving a noncompliance notice from Nasdaq on July 22.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:17 pm

HOOD

Recent options trading trends for Robinhood Markets (NASDAQ:HOOD) show a bullish stance among major investors, with 61% of trades being bullish. The stock price is currently $17.23, up by 4.92%, and analysts have set an average price target of $20.8. The trading volume and open interest suggest a focus on a price range between $10.0 and $30.0.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:16 pm

GME

Investors with significant capital are showing a bullish stance on GameStop (NYSE:GME) through options trading. Benzinga's options scanner identified 10 notable trades, with a majority being call options. The sentiment is mixed but leans bullish, with a focus on a price range between $10.0 and $20.0. GameStop's stock is currently priced at $20.65, with RSI indicators suggesting it may be approaching oversold territory.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:16 pm

SOFI

High-rolling investors have shown a bullish stance on SoFi Techs (NASDAQ:SOFI) through significant options trading activity. Benzinga's options scanner identified 8 trades, with 62% being bullish. The trades suggest a price range between $5.0 and $10.0 for SOFI. The stock is currently priced at $6.49, down 0.76%, with neutral RSI indicators. Analysts have mixed ratings with an average target price of $8.75.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:16 pm

BAC

TFC

Stephanie Link announced on CNBC that she has bought more shares of Bank of America (BAC) and Truist Financial (TFC).

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:13 pm

HUBC

Hub Cyber Security shares are trading lower after the company announced that it received a noncompliance notice from the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:12 pm

SMCI

Super Micro Computer Inc (NASDAQ:SMCI) is set to report its fiscal fourth-quarter earnings after the market close on Tuesday. Analysts expect earnings of $8.10 per share and revenue of $5.314 billion. Last quarter, the company beat earnings estimates but missed revenue estimates. Super Micro has guided for fourth-quarter revenue between $5.1 billion and $5.5 billion and adjusted earnings between $7.62 and $8.42 per share. Recent analyst ratings include a mix of Neutral, Negative, and Buy, with price targets ranging from $325 to $1,300. The stock is up approximately 112% year-to-date.

Portfolio Pulse from Adam Eckert

August 06, 2024 | 4:11 pm

AQB

AquaBounty Technologies shares are trading lower after the company reported a year-over-year decrease in Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:11 pm

AAPL

AMZN

GOOGL

META

MSFT

NVDA

SPY

Cathie Wood, founder of Ark Invest, commented on the recent spike in the CBOE Volatility Index (VIX) and its implications. She compared the current market conditions to those in 1987 and 2008, attributing the spike to the unwinding of yen carry trades. Wood mentioned that the impact could be limited like in 1987, but broad-based price deflation could be more relevant now. She also suggested that the Fed funds rate should be closer to 1% if the 10-year Treasury note yield was around 2%. The SPDR S&P 500 ETF Trust (SPY) traded up 1.69%.

Portfolio Pulse from Shanthi Rexaline

August 06, 2024 | 4:10 pm