Streetbeat News

Stock Prices

ALL

BRK

CADE

CB

CYH

DIS

DUK

FITB

HCA

HWC

LTH

MODG

NEE

PGR

PLNT

RF

SNV

SSB

THC

TRV

UHS

Hurricane Milton, downgraded to a Category 4 storm, is expected to impact several sectors in Florida, including regional banks, hospitals, utilities, insurance, and leisure. Analysts warn of potential financial impacts on companies like Disney, NextEra Energy, and regional banks due to the storm's effects.

Portfolio Pulse from Chris Katje

October 09, 2024 | 3:51 pm

BAC

The options market shows a bullish sentiment towards Bank of America (NYSE:BAC), with 61% of traders being bullish. Analysts have set a price target range of $35 to $50, with recent ratings from Oppenheimer, RBC Capital, and Morgan Stanley maintaining positive outlooks. BAC's stock is currently trading at $40.23, up by 0.76%, with an upcoming earnings release in 6 days.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 3:46 pm

MELI

The options market shows a bullish sentiment towards MercadoLibre (NASDAQ:MELI), with 66% of trades being bullish. Significant options activity suggests a price target range of $1770 to $2200. Analysts have mixed ratings, with price targets ranging from $2350 to $2530.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 3:45 pm

ABBV

Deep-pocketed investors are showing significant interest in AbbVie (NYSE:ABBV) options, with a mix of bullish and bearish sentiments. The options activity suggests a potential price range of $150 to $195 for AbbVie. Analysts maintain positive ratings with target prices above the current trading price.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 3:45 pm

RJF

JMP Securities upgraded Raymond James Financial (NYSE:RJF) from Market Perform to Market Outperform with a $146 price target, citing increased investment banking presence and potential M&A opportunities. RJF shares rose 2.68% to $128.25, nearing a 52-week high.

Portfolio Pulse from Erica Kollmann

October 09, 2024 | 3:39 pm

BABA

BIDU

JD

KWEB

LI

MCHI

NIO

PDD

China's stock rally has lost momentum as investor optimism wanes due to insufficient stimulus details. U.S.-listed Chinese stocks and ETFs, including Alibaba, Baidu, JD.com, PDD Holdings, NIO, Li Auto, iShares MSCI China ETF, and KraneShares CSI China Internet ETF, are experiencing selling pressure.

Portfolio Pulse from Adam Eckert

October 09, 2024 | 3:39 pm

BELT

CTLP

IYG

MA

Mastercard has announced the introduction of same-day payouts for South African merchants, marking the first global market to benefit from this service. This initiative, in partnership with ACI Worldwide, aims to enhance transaction processing and support economic growth. Additionally, Cantaloupe, Inc. has launched its Advantage program, collaborating with Mastercard for digital advertising on POS devices.

Portfolio Pulse from Lekha Gupta

October 09, 2024 | 3:38 pm

GTLB

GitLab Inc. (NASDAQ:GTLB) shares are rising after Morgan Stanley initiated coverage with an Overweight rating and a $70 price target. The bank sees GitLab as a key player in the consolidating software delivery market, with significant growth potential in software delivery, security analytics, and collaboration.

Portfolio Pulse from Dylan Berman

October 09, 2024 | 3:38 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

The Department of Justice has proposed a potential breakup of Google due to monopolistic practices, but the market has shown little reaction. Meanwhile, Nvidia's stock is moving positively due to its AI Summit, but faces resistance at $140. Money flows are positive for Amazon, Microsoft, and Nvidia, while neutral for Meta, Apple, and Google. Tesla sees negative flows. Mixed flows are observed in SPY and QQQ ETFs.

Portfolio Pulse from The Arora Report

October 09, 2024 | 3:33 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) has significantly outperformed the market over the past 20 years, with an average annual return of 22.92%. A $1000 investment in ORLY 20 years ago would now be worth $62,975.19. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 3:30 pm