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ARTV

Trading halt status for ARTV was updated at 10:10:00 AM ET. The IPO security has been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:10 pm

SPWR

SunPower Corporation (NASDAQ:SPWR) has halted shipments and solar installations due to financial challenges, leading to a significant drop in its stock price. Analysts from JPMorgan Chase and GLJ Research have expressed pessimistic views, with the latter downgrading the stock to a Sell and slashing the price target to $0. SunPower's stock has lost 91.37% year to date and is currently in oversold conditions with an RSI of 24.54.

Portfolio Pulse from Erica Kollmann

July 19, 2024 | 2:09 pm

SPWR

SunPower shares are trading lower after the company reportedly paused new product shipments.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:05 pm

NVDA

SERV

UBER

Serve Robotics Inc. (NASDAQ:SERV) shares surged after NVIDIA Corp (NASDAQ:NVDA) disclosed a 10% stake in the company. Nvidia increased its stake by approximately 1 million shares, bringing its total holdings to about 3.7 million shares. Serve Robotics, backed by Uber Technologies Inc. (NYSE:UBER) and Nvidia, focuses on AI-robotics for last-mile delivery. The stock saw heavy trading volume, with shares up 52% at $4.

Portfolio Pulse from Erica Kollmann

July 19, 2024 | 2:03 pm

DIS

Whales have taken a bearish stance on Walt Disney (NYSE:DIS) with 55% of recent options trades being bearish. The price target for DIS ranges from $95 to $125. The stock is currently trading at $96.42, down by 0.38%. Analysts have mixed ratings with an average target price of $131.67.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 2:02 pm

CRC

Analysts have mixed ratings for California Resources (NYSE:CRC) with a slight negative shift in sentiment. The average 12-month price target is $65.2, with a high of $69.00 and a low of $63.00. Recent financials show a decline in revenue growth and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 2:01 pm

AUGX

AXP

HYZN

KITT

SPWR

SXTP

VRPX

U.S. stocks traded mixed with the Dow Jones falling over 100 points. American Express reported better-than-expected earnings, while several other stocks saw significant price movements. Commodities also traded down, and European and Asian markets showed mixed results.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 2:01 pm

MITT

Analysts have provided mixed evaluations of AG Mortgage IT (NYSE:MITT) over the past three months, with a combination of bullish and somewhat bullish ratings. The average 12-month price target has increased by 5.41% to $7.8. Key financial indicators show positive revenue growth and strong profitability, but the company carries a substantial amount of debt.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 2:00 pm

V

Visa (NYSE:V) has significantly outperformed the market over the past 15 years, delivering an average annual return of 20.2%. A $100 investment in Visa 15 years ago would be worth approximately $1,600 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 2:00 pm

PATK

Patrick Industries (NASDAQ:PATK) has outperformed the market over the past 10 years, delivering an average annual return of 19.24%. A $100 investment in PATK 10 years ago would be worth $578.55 today. The company currently has a market capitalization of $2.66 billion.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 2:00 pm