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Stock Prices

OXY

Recent options trading activity for Occidental Petroleum (NYSE:OXY) indicates a bearish sentiment among big-money investors. Benzinga's options scanner detected 19 unusual trades, with a majority being bearish. The price range targeted by these trades is between $55.0 and $70.0. Currently, OXY is trading at $62.3, down by 1.31%.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 6:31 pm

CI

Cigna Group (NYSE:CI) has outperformed the market over the past 20 years with an average annual return of 14.94%, significantly higher than the market average. A $100 investment in CI stock 20 years ago would be worth $1,660.76 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 6:30 pm

EQT

EQT (NYSE:EQT) has outperformed the market over the past 5 years with an annualized return of 20.09%, resulting in a $1000 investment growing to $2,411.61. The current market capitalization of EQT is $15.78 billion.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 6:30 pm

HIMS

Hims & Hers shares increased by 5.3% following the announcement of Kåre Schultz, former President and COO of Novo Nordisk, joining the company's board.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 6:29 pm

SOFI

Market whales have taken a predominantly bearish stance on SoFi Techs (NASDAQ:SOFI) options, with 64% of trades being bearish. The price range targeted by these trades is between $3.0 and $10.0. Analysts have mixed ratings, with price targets ranging from $7 to $10.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 6:15 pm

ACB

CGC

CRON

IIPR

MSOS

OGI

SNDL

TLRY

VFF

YOLO

Cannabis stocks experienced significant volatility following President Joe Biden's announcement that he will not seek re-election. Some stocks surged while others plummeted, reflecting investor sentiment and market speculation about future regulatory changes. Cannabis ETFs also showed mixed performance, indicating cautious optimism among investors.

Portfolio Pulse from Nicolás Jose Rodriguez

July 22, 2024 | 6:12 pm

CELH

Celsius Holdings shares are trading lower after B. Riley Securities maintained a Buy rating on the stock but lowered its price target from $110 to $80.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 6:10 pm

PGHL

Primega Group Holdings Limited (NASDAQ:PGHL) announced the pricing of its $6M IPO, offering 1.5M ordinary shares at $4/share. The shares will begin trading on the Nasdaq Capital Market on July 23, 2024, under the symbol 'PGHL'.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 6:09 pm

AAL

CRWD

DAL

LUV

MSFT

UAL

Southwest Airlines (NYSE:LUV) avoided the recent Microsoft (NASDAQ:MSFT) and CrowdStrike (NASDAQ:CRWD) outages that grounded competitors like Delta (NYSE:DAL), United (NASDAQ:UAL), and American Airlines (NASDAQ:AAL) due to its outdated software systems. This resilience could positively impact Southwest's upcoming earnings report.

Portfolio Pulse from Chris Katje

July 22, 2024 | 6:08 pm

BTCUSD

10x Research advises against shorting Bitcoin ahead of former President Donald Trump's speech at the Bitcoin 2024 conference, suggesting it could trigger a parabolic move if Bitcoin trades above its previous all-time high. Rumors of Trump announcing Bitcoin as a strategic reserve asset and the potential for a pro-crypto administration could significantly impact the market.

Portfolio Pulse from Murtuza Merchant

July 22, 2024 | 6:05 pm