Streetbeat News

Stock Prices

ADBE

Deep-pocketed investors have shown unusual options activity in Adobe (NASDAQ:ADBE), with a mix of bullish and bearish sentiments. Significant options trades suggest a price range of $410.0 to $940.0. The stock is currently trading at $534.98, down by 0.3%, with an RSI indicating it may be approaching oversold territory. An analyst from Piper Sandler maintains an Overweight rating with a target price of $635.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 4:46 pm

CGC

TLRY

Canopy Growth Corporation (NASDAQ:CGC) shares are trading higher due to positive earnings from Tilray Brands, Inc. (NASDAQ:TLRY) and favorable political developments for marijuana reform in the U.S. Canopy Growth is set to report its Q1 results on Aug. 9, with analysts expecting losses of 35 cents per share and revenue of $53.84 million.

Portfolio Pulse from Erica Kollmann

July 30, 2024 | 4:40 pm

IT

Gartner Inc (NYSE:IT) shares surged after reporting better-than-expected Q2 FY24 results, including a 6.1% sales growth, increased operating income, and higher adjusted EPS. The company also raised its share repurchase authorization and FY24 adjusted EPS outlook.

Portfolio Pulse from Shivani Kumaresan

July 30, 2024 | 4:40 pm

CECO

CECO Environmental shares are trading lower after the company reported worse-than-expected Q2 revenue results but raised its FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:37 pm

PFE

The article discusses the importance of technical analysis in understanding market psychology, using Pfizer Inc. (NYSE:PFE) as an example. It highlights how support and resistance levels can indicate future price movements and how these patterns are consistent across different timeframes.

Portfolio Pulse from Mark Putrino

July 30, 2024 | 4:35 pm

DARP

FEPI

MU

Micron Technology (NASDAQ:MU) shares are trading lower today despite the company announcing the shipment of its ninth-generation (G9) TLC NAND SSDs, which boast industry-leading performance metrics. The new NAND offers significant improvements in data transfer speeds and efficiency, making it ideal for AI and data-intensive applications. Investors can also gain exposure to Micron through ETFs like REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) and Grizzle Growth ETF (NYSE:DARP).

Portfolio Pulse from Lekha Gupta

July 30, 2024 | 4:35 pm

MMM

Josh Brown, during a live debate on CNBC, recommended staying long on 3M Company (MMM) despite differing opinions from Jenny Harrington.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:34 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

The article discusses the upcoming earnings report from Microsoft (MSFT) and its potential impact on AI stocks, the start of the FOMC meeting, and the importance of the Bank of Japan's decision. It also highlights early trade money flows in major tech stocks and ETFs, and provides investment advice on protection bands and bond allocations.

Portfolio Pulse from The Arora Report

July 30, 2024 | 4:32 pm

F

Financial giants have made significant bullish moves on Ford Motor (NYSE:F), with 77% of traders showing bullish tendencies in recent options trades. The price window for Ford Motor is projected between $7.82 and $14.82. Analysts have mixed ratings, with target prices ranging from $12 to $17.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 4:32 pm

DE

Deep-pocketed investors have adopted a bearish approach towards Deere (NYSE:DE), with significant options trading activity indicating potential market movements. The majority of the options activity is bearish, focusing on a price range between $330.0 and $380.0. Analysts have mixed ratings on Deere, with target prices ranging from $375 to $448.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 4:32 pm