Streetbeat News

Stock Prices

GOLD

Deep-pocketed investors are showing a bearish sentiment towards Barrick Gold (NYSE:GOLD) with significant options activity. Benzinga's options scanner highlighted 14 extraordinary options activities, with 57% of the sentiment being bearish. The stock is currently trading at $18.53, up by 1.59%, and analysts have set an average target price of $25.0.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 8:03 pm

AMZN

INTC

SPY

Stocks fell due to weak jobs data and soft guidance from Amazon and Intel. Chip stocks also dropped.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 8:02 pm

CWST

Casella Waste Systems (NASDAQ:CWST) has significantly outperformed the market over the past decade, delivering an average annual return of 36.04%. A $1000 investment in CWST 10 years ago would be worth $21,710.14 today. The company's current market capitalization is $5.94 billion.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 8:02 pm

TXN

Texas Instruments (NASDAQ:TXN) has outperformed the market over the past 20 years, delivering an average annual return of 11.85%. A $100 investment in TXN 20 years ago would be worth $954.39 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 8:01 pm

BFAM

Bright Horizons Family Solutions shares are trading higher following strong Q2 earnings and upbeat guidance.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 7:58 pm

DNB

Dun & Bradstreet shares are trading higher following a report suggesting the company is exploring a sale amid takeover interest.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 7:57 pm

BAC

BRK

Berkshire Hathaway (NYSE:BRK) is set to report its Q2 earnings on Saturday, with Wall Street expecting $4.61 EPS and $81.88 billion in revenues. The stock has risen 21% over the past year and 18% YTD. Berkshire has been reducing its stake in Bank of America (NYSE:BAC), selling shares worth $3.8 billion since mid-July. Despite these sales, Berkshire still holds over 942 million shares of BAC. Technical indicators for BRK show mixed signals with short-term bearish trends but long-term bullish potential.

Portfolio Pulse from Surbhi Jain

August 02, 2024 | 7:57 pm

ECVT

Ecovyst shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 revenue guidance below estimates. Additionally, the company issued FY24 and Q3 EPS guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 7:54 pm

SAVA

Cassava Sciences, Inc. (NASDAQ:SAVA) saw its stock price surge by 24.4% to $29.21, driven by rising short interest and an upcoming conference call. The company has a high short percent of float at 35.89%, and it would take traders 4.75 days to cover their short positions. Cassava plans to extend its open-label extension trials for simufilam by up to 36 months.

Portfolio Pulse from Vaishali Prayag

August 02, 2024 | 7:52 pm

ALB

Albemarle shares are trading lower after B of A Securities and Baird lowered their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 7:42 pm