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Stock Prices

MCD

McDonald's Corporation (NYSE:MCD) is experiencing a bearish trend, with key resistance levels forming due to buyer's remorse. The stock's ability to break through these resistance levels could signal a new uptrend, but failure to do so may result in continued downward movement.

Portfolio Pulse from Mark Putrino

July 29, 2024 | 7:21 pm

NVDA

SERV

UBER

Serve Robotics Inc. (NASDAQ:SERV) shares are surging due to recent positive developments, including a $15 million private placement, new board appointments, and increased attention following NVIDIA Corp's (NASDAQ:NVDA) 10% stake. The stock has seen a 500% increase since the NVIDIA filing and is experiencing higher than average trading volume.

Portfolio Pulse from Vaishali Prayag

July 29, 2024 | 7:17 pm

SFM

High-rolling investors have shown unusual options activity for Sprouts Farmers Market (NASDAQ:SFM), with a majority of trades being bullish. This activity suggests potential privileged information and indicates a targeted price range of $80.0 to $95.0. The stock is currently down by 2.51% at $84.52, with mixed analyst ratings and an average price target of $80.5.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 7:16 pm

SHIBUSD

SOLUSD

Mumu The Bull (CRYPTO: MUMU), a meme coin on Solana (CRYPTO: SOL), has surged over 120% in a week due to exchange listings and rising volume. Crypto traders are optimistic about its future, predicting it could surpass Shiba Inu's (CRYPTO: SHIB) all-time high. MUMU is currently valued at $232.6 million and will soon be listed on BingX for spot trading.

Portfolio Pulse from Khyathi Dalal

July 29, 2024 | 7:14 pm

WINT

Windtree Therapeutics (NASDAQ:WINT) shares dropped 6.2% to $7.77 after announcing a $1M private placement of Series C Convertible Preferred shares and Warrants. The funds will be used for working capital and general corporate purposes. The deal is expected to close on July 29, pending customary conditions. The company will seek stockholder approval for the conversion of the Preferred Shares and the exercise of the Warrants into common stock.

Portfolio Pulse from Henry Khederian

July 29, 2024 | 7:08 pm

AAL

DAL

LUV

Delta Air Lines (DAL) shares are down 1.9% to $43.26, marking a 7.6% decrease for July. The stock was volatile last week, influenced by financial reports from American Airlines (AAL) and Southwest Airlines (LUV). Delta faces financial difficulties due to a system failure causing flight cancellations and a federal investigation. Citigroup cut Delta’s Q3 earnings estimate by 60 cents per share to $1.37, predicting a $350 million hit to operating profit and potential fines. Industry-wide issues like rising operating costs and capacity management challenges are also affecting Delta.

Portfolio Pulse from Henry Khederian

July 29, 2024 | 7:04 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

TSLA

Big Tech stocks are expected to rebound this week as major companies like Microsoft, Amazon, Meta, and Apple report their earnings. Analysts believe that investments in AI will drive significant growth in the sector, despite last week's sell-off triggered by Alphabet and Tesla's earnings. The AI revolution is anticipated to fuel a multiyear bull run in tech stocks.

Portfolio Pulse from Michael Juliano

July 29, 2024 | 7:03 pm

GILD

Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years with an average annual return of 12.06%. A $100 investment in GILD 20 years ago would be worth $986.39 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 7:02 pm

BX

Recent unusual options activity for Blackstone (NYSE:BX) indicates a bearish sentiment among big-money traders. Benzinga's options scanner identified 9 uncommon options trades, with 55% being bearish. The total amount for puts is $1,455,349, while calls amount to $184,222. Analysts have mixed ratings on Blackstone, with target prices ranging from $134 to $164.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 7:01 pm

XOM

Recent options trading trends for Exxon Mobil (NYSE:XOM) show a bearish stance among large investors, with 55% of trades being bearish. The trades indicate a targeted price range of $95.0 to $130.0. The stock is currently trading at $116.19, down by 0.97%, with an upcoming earnings report in 4 days.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 7:01 pm