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MCD

SBUX

Fast-food and casual dining chains like McDonald's, Starbucks, Chili's, and Buffalo Wild Wings have introduced affordable meal deals to attract inflation-battered customers. These deals have successfully boosted foot traffic, as evidenced by data from Placer.ai.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 4:42 pm

MULN

Mullen Automotive (NASDAQ:MULN) shares are trading lower despite the approval of its all-electric Class 1 cargo van, the 2024 Mullen ONE, for a $3,500 cash voucher under Massachusetts' MOR-EV program. This approval, combined with a federal tax credit, significantly reduces the effective cost of the van. The news highlights Mullen's commitment to making its commercial EVs more affordable and accessible.

Portfolio Pulse from Nabaparna Bhattacharya

July 17, 2024 | 4:35 pm

KRO

Kronos Worldwide expects Q2 2024 net sales to be between $495M and $510M, below the estimated $568.02M. The company has implemented cost reduction initiatives throughout 2023 and expects 2024 sales volumes to exceed those of 2023. Non-cash charges of about $10M in Q2 and $5M in Q3 are anticipated.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 4:33 pm

STT

State Street Corp. is exploring the creation of a stablecoin and deposit token for blockchain-based payment settlements. The timeline for implementation is not yet set.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 4:30 pm

CRS

Carpenter Tech (NYSE:CRS) has outperformed the market over the past 5 years with an average annual return of 20.52%, resulting in a $100 investment growing to $259.11. The company currently has a market capitalization of $5.91 billion.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 4:30 pm

INSM

Insmed (NASDAQ:INSM) has outperformed the market over the past 10 years with an average annual return of 15.55%, resulting in a $100 investment growing to $423.45. The company currently has a market capitalization of $12.25 billion.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 4:30 pm

KRO

Kronos Worldwide (KRO) shares have been halted pending news. Investors are awaiting further information to understand the reason behind the halt.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 4:20 pm

ETN

The options market for Eaton Corp (NYSE:ETN) shows a predominantly bearish sentiment among significant investors, with 62% of trades being bearish. The stock is currently down 4.14% at $318.71. Analysts have mixed ratings, with price targets ranging from $318 to $385.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 4:15 pm

CELH

Financial giants have shown a bullish interest in Celsius Holdings (NASDAQ:CELH) through options trading. Analysis reveals 10 unusual trades with a mix of bullish and bearish sentiments. The stock is currently down by 4.31% at $50.52, with a consensus target price of $65.2 from market experts.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 4:15 pm

ORCL

Deep-pocketed investors are showing significant interest in Oracle (NYSE:ORCL) through options trading, with a notable split between bullish and bearish sentiments. The trading volumes and open interest suggest a focus on a price range of $125.0 to $165.0. Analysts have mixed ratings, with a consensus target price of $152.25.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 4:15 pm