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Stock Prices

HON

Honeywell International Inc. is considering an IPO for its majority-owned quantum computing firm, Quantinuum, potentially seeking a $10 billion valuation. Discussions with investment banks are ongoing, and the listing could occur as soon as next year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:58 pm

MCD

McDonald's Corp (NYSE:MCD) is set to report its Q2 earnings on Monday, with Wall Street expecting $3.09 in EPS and $6.6 billion in revenues. The stock is currently exhibiting bearish signals, trading below key moving averages and showing strong selling pressure. Despite a consensus analyst rating of 'Buy' and a price target of $307.62, technical indicators suggest continued weakness ahead of the earnings release.

Portfolio Pulse from Surbhi Jain

July 26, 2024 | 4:56 pm

VDC

WMT

XLP

Walmart Canada has increased wages for 40,000 store associates as part of a broader strategy to develop talent and modernize work processes. This move follows similar investments in the U.S. and aims to retain employees amid easing inflation and rising unemployment in Canada. Walmart stock has gained over 31% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

July 26, 2024 | 4:55 pm

KMI

SLB

Bill Baruch announced on CNBC that he has bought shares of Kinder Morgan and Schlumberger.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:51 pm

PSX

Bill Baruch announced on CNBC that he has sold his position in Phillips 66.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:47 pm

DE

Deep-pocketed investors are showing significant interest in Deere (NYSE:DE) with a mix of bullish and bearish options activities. The trading volume and open interest in Deere's options have surged, indicating potential price movements between $360 and $430. Analysts have mixed ratings, with a consensus target price of $420.5.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 4:46 pm

BKNG

Investors have shown unusual options activity in Booking Holdings (NASDAQ:BKNG), with a mix of bullish and bearish trades. Significant options trades include 19 puts and 33 calls, indicating a targeted price range of $2000 to $4500. Analysts have mixed ratings, with target prices ranging from $3497 to $4900.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 4:46 pm

GE

Whales are showing a bearish stance on GE Aero (NYSE:GE) with significant options activity. 45% of the trades are bearish, with a focus on a price range between $160.0 and $250.0. Analysts maintain a positive outlook with an average price target of $198.5.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 4:45 pm

CLSK

COIN

RIOT

Coinbase Global, Inc. (NASDAQ:COIN) shares are moving higher on Friday following a rise in Bitcoin's price above $67,000. Other crypto-linked stocks like Riot Platforms, Inc. (NASDAQ:RIOT) and CleanSpark, Inc. (NASDAQ:CLSK) are also seeing gains. Coinbase is trading at $239.65, slightly above its 50-day moving average, and is expected to report earnings next Thursday. Citigroup recently upgraded Coinbase from Neutral to Buy, raising the price target to $345.

Portfolio Pulse from Dylan Berman

July 26, 2024 | 4:39 pm

LULU

Lululemon Athletica Inc. (NASDAQ:LULU) shares are trading higher as the stock attempts to recover from a 9% drop following multiple analyst downgrades and price target reductions. Citigroup, JPMorgan, Truist Securities, TD Cowen, and Jefferies all lowered their price targets, citing concerns such as paused sales of the Breezethrough collection and lower-than-expected revenue growth.

Portfolio Pulse from Erica Kollmann

July 26, 2024 | 4:36 pm