Streetbeat News

Stock Prices

Nu Holdings (NYSE:NU) has seen unusual options activity with over 11 transactions totaling $1,152,917, including 9 puts worth $1,171,442. The options activity suggests a price range of $12.0 to $14.0. The stock is currently trading at $13.6, up 1.23%, with a consensus target price of $15.0. Analysts maintain a neutral rating.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 5:34 pm

CHRD

Chord Energy (NASDAQ:CHRD) has outperformed the market over the past 10 years with an average annual return of 15.99%, surpassing the market by 3.99% annually. A $1000 investment in CHRD 10 years ago would now be worth $4,523.26.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 5:31 pm

AGI

Alamos Gold (NYSE:AGI) has significantly outperformed the market over the past 5 years, with an annualized return of 31.55%. A $1000 investment in AGI 5 years ago would now be worth $3,674.16. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 5:30 pm

BLK

JPM

KRE

TSLA

UBER

WFC

Wall Street reached new highs as major U.S. banks reported strong earnings, boosting financial stocks. Tesla fell sharply due to disappointing Robotaxi Day. Inflation data showed higher-than-expected figures, but expectations for a Fed rate cut remain unchanged. Oil prices steadied, while gold and silver rose. Bitcoin gained following BlackRock's positive earnings.

Portfolio Pulse from Piero Cingari

October 11, 2024 | 5:30 pm

MCD

McDonald's CEO Chris Kempczinski predicts 2025 will be another challenging year due to inflation and reduced consumer spending. The company is focusing on value propositions and affordable meals, especially chicken-based items. McDonald's stock has fluctuated but recently recovered. The company is also suing major meat suppliers for alleged price collusion.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 5:23 pm

JPM

MSTR

TSLA

TWG

UBER

Tesla, MicroStrategy, Top Wealth Group, Uber, and JP Morgan are trending stocks. Tesla's stock is down after announcing a delayed production of its Cybercab. MicroStrategy's stock is up due to Bitcoin's price recovery. Top Wealth Group's stock surged after a public offering. Uber's stock rose as Tesla's delay benefits ridesharing. JP Morgan's stock increased after surpassing earnings estimates and raising guidance.

Portfolio Pulse from Erica Kollmann

October 11, 2024 | 5:19 pm

CPRT

Copart Inc. (NASDAQ:CPRT) has seen a stock price increase of 11.87% over the past month and 20.48% over the past year. Its P/E ratio of 39.72 is lower than the industry average of 44.92, suggesting potential undervaluation or weak growth prospects. Investors are advised to consider multiple financial metrics and industry trends when evaluating the stock.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 5:15 pm

EES

PSC

Needham analyst Kyle Peterson initiated coverage on Axos Financial (NYSE:AX) with a Buy rating and a price target of $82.00, highlighting its digital-first strategy and strong profitability. Axos Financial's approach avoids traditional branch networks, enhancing efficiency and expanding its market. The company benefits from a full banking license, offering cheaper funding and in-house products. Axos Financial's corporate culture and robust underwriting contribute to its exceptional profitability. Investors can also gain exposure through Principal U.S. Small-Cap ETF (NASDAQ:PSC) and WisdomTree U.S. SmallCap Fund (NYSE:EES).

Portfolio Pulse from Lekha Gupta

October 11, 2024 | 5:08 pm

SPOT

High-rolling investors are showing a bearish sentiment on Spotify Technology (NYSE:SPOT) through options trading, with 50% of trades being bearish. The stock is currently trading at $374.34, down by 0.97%. Analysts have mixed ratings, with target prices ranging from $340 to $510.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 5:03 pm

BKR

The U.S. Baker Hughes oil rig count increased by 2 to 481, while the natural gas rig count decreased by 1. The total rig count is now 586, up from 585 previously.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 5:02 pm