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NEWT

NewtekOne, Inc. (NASDAQ:NEWT) anticipates reporting $742M in deposits at Newtek Bank, N.A. by September 30, 2024, marking an 11.7% increase from June 2024 and a 43% rise from December 2023. Business core deposits are expected to grow by 45% to $119M.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:17 pm

AMD

GNRC

NVDA

TLT

TSLA

UVE

The article discusses the impact of rising yields and a higher neutral rate on various financial assets, including the iShares 20+ Year Treasury Bond ETF (TLT), NVIDIA Corp (NVDA), Advanced Micro Devices (AMD), Tesla Inc (TSLA), and several insurance and generator companies due to Hurricane Milton. It highlights the potential for significant stock moves, the importance of the 10-year Treasury yield, and the implications of the Fed's neutral rate. The article also mentions the positive money flows in major tech stocks and ETFs, and the impact of geopolitical tensions on market volatility.

Portfolio Pulse from The Arora Report

October 08, 2024 | 3:17 pm

CCL

A significant options activity was observed for Carnival Corporation (CCL) with a sweep of 2,428 call options for the October 18 $19 strike price, traded near the ask price at $0.461. This is against an open interest of 49,162, with the stock reference price at $18.79.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:16 pm

MPC

Marathon Petroleum (NYSE:MPC) is experiencing unusual options activity, with a significant bearish sentiment among investors. The options activity suggests a potential price movement between $160 and $175. The stock is currently down 8.64% at $158.3, with mixed analyst ratings and an average target price of $176.4.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:15 pm

UIS

Traders are circulating the Zacks Under $10 Newsletter, which has picked Unisys (UIS) as a stock to watch. This could lead to increased interest and potential price movement in UIS shares.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:14 pm

SKK

SKK Holdings has successfully launched its IPO, with shares opening at $4.50, above the initial pricing of $4 per share for 2.5 million shares.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:12 pm

SKK

SKK Holdings is launching an IPO with an initial price of $4 per share for 2.5 million shares. The IPO indicates a price of $4.31 per share on 100,896 shares.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:10 pm

MSOS

Chicago Atlantic Managing Partner Peter Sack discusses the impact of Trump's endorsement on cannabis rescheduling, indicating it's a matter of 'when' rather than 'if'. This could have implications for cannabis-related stocks and ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:09 pm

SHOP

Jim Cramer has expressed a bullish stance on Shopify Inc. (NYSE:SHOP), highlighting a Golden Cross technical indicator as a sign of potential gains. Shopify's stock has shown strong performance, with significant increases in recent months and positive Q2 results. Analysts and investors are optimistic about its future prospects.

Portfolio Pulse from Surbhi Jain

October 08, 2024 | 3:03 pm