Streetbeat News

Stock Prices

AAPL

Stephanie Link announced on CNBC that she has trimmed her position in Apple. This decision may influence investor sentiment towards Apple in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 4:22 pm

SCHW

Charles Schwab Corporation (NYSE:SCHW) is nearing a support level at $62, which has historically led to a rally. Stocks often rebound when they hit support levels due to increased demand. If SCHW reaches $62, a price reversal and rally are likely.

Portfolio Pulse from Mark Putrino

August 22, 2024 | 4:19 pm

LOW

Large investors are taking a bearish stance on Lowe's Companies (NYSE:LOW) as observed through options trading. The sentiment is predominantly bearish with 11 out of 12 trades being puts. Analysts have mixed ratings, with price targets ranging from $230 to $262.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 4:16 pm

V

Recent options trading activity indicates a bullish sentiment among wealthy investors towards Visa (NYSE:V), with a significant number of uncommon trades detected. Analysts maintain positive ratings with high price targets, suggesting potential upward movement.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 4:16 pm

AIRI

CYTH

OBLG

PTON

REVB

RZLV

U.S. stocks fell as initial jobless claims rose slightly more than expected. Peloton, Rezolve AI, and Air Industries saw significant stock gains due to positive news, while Revelation Biosciences, Cyclo Therapeutics, and Oblong experienced sharp declines.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 4:16 pm

CVX

DRLL

WDS

XLE

Chevron shares are trading higher after being granted a greenhouse gas assessment permit offshore Western Australia. The permit involves a joint venture with Woodside Energy and a pending stake transfer to GS Caltex. This complements Chevron's existing CCS projects and could expand its portfolio in Australia.

Portfolio Pulse from Lekha Gupta

August 22, 2024 | 4:14 pm

YHGJ

Yunhong Green shares are declining following a Nasdaq Non-Compliance notice due to the late filing of its Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 4:12 pm

ALVO

Alvotech shares declined following the announcement of a share offering by a selling shareholder, involving up to 1,789,087 shares.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 4:07 pm

EBAY

LKQ

PDD

RERE

The second-hand and refurbished goods market is gaining traction as consumers seek affordable and sustainable options amid economic challenges. Key players like eBay, ATRenew, LKQ Corp, and PDD Holdings are benefiting from this trend, with eBay and ATRenew showing strong financial performance in Q2 2024. LKQ Corp faces challenges despite growth, while PDD Holdings is set to report its results soon.

Portfolio Pulse from Priya Nigam

August 22, 2024 | 4:07 pm

GDC

GD Culture Group's shares have resumed trading, which could lead to increased volatility and investor interest in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 4:06 pm