Streetbeat News

Stock Prices

SBUX

Deep-pocketed investors are showing a bullish sentiment towards Starbucks (NASDAQ:SBUX) with significant options activity. The majority of the options are calls, indicating a positive outlook. Analysts have mixed ratings but generally positive price targets for the stock.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 7:17 pm

PEP

Deep-pocketed investors have adopted a bearish approach towards PepsiCo (NASDAQ:PEP), as revealed by Benzinga's options scanner. The majority of the options activity is bearish, with significant trades in both puts and calls. The stock is currently trading at $178.84, up by 2.22%, but RSI readings suggest it may be overbought. Analysts have mixed ratings with a consensus target price of $183.2.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 7:17 pm

INTC

Intel Corp (NASDAQ: INTC) announced significant restructuring and reported disappointing quarterly earnings, missing analyst estimates. The company plans a $10 billion cost-reduction, including a 15% headcount reduction by the end of 2024, and will suspend its dividend starting Q4 2024. Analysts have downgraded the stock and revised price targets downward, citing competitive, financial, and strategic challenges.

Portfolio Pulse from Surbhi Jain

August 02, 2024 | 7:14 pm

GOOG

GOOGL

Alphabet shares are trading lower as tech stocks fall in sympathy with Amazon.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 7:11 pm

PH

Parker Hannifin (NYSE:PH) has significantly outperformed the market over the past 5 years, delivering an average annual return of 25.34%. A $1000 investment in PH stock 5 years ago would be worth $3,160.15 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 7:04 pm

HON

Honeywell International (NASDAQ: HON) has outperformed the market over the past 20 years, producing an average annual return of 9.38%. A $100 investment in HON 20 years ago would be worth $616.30 today. The article highlights the impact of compounded returns on long-term investments.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 7:04 pm

ETCUSD

Ethereum Classic (ETC) is trading lower by 5.18% due to weaker-than-expected U.S. employment data, which has raised concerns about the U.S. economy and led to a shift in investment strategies towards safer assets.

Portfolio Pulse from Henry Khederian

August 02, 2024 | 7:00 pm

DOGEUSD

Dogecoin (DOGE) is trading lower by 5.6% to $0.11 amid overall global market weakness driven by weaker-than-expected U.S. jobs data. The report revealed a slowdown in job creation and a rise in the unemployment rate, leading to speculation of a larger rate cut by the Federal Reserve. This economic uncertainty has caused investors to move away from speculative investments like Dogecoin.

Portfolio Pulse from Henry Khederian

August 02, 2024 | 7:00 pm

ATOMUSD

Cosmos Hub (ATOM) has experienced a 3.9% price drop in the last 24 hours, continuing a week-long decline of 13%. Trading volume has decreased by 1% while circulating supply increased slightly. ATOM's market cap is $2.09 billion, ranking it #42.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 7:00 pm

AA

CENX

CLF

FCX

NUE

SCCO

STLD

Shares of companies in the broader metals sector are trading lower amid an overall market selloff on weak US jobs data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:55 pm