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VLO

Wolfe Research has reinstated an Outperform rating on Valero Energy (NYSE:VLO), indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 5:47 pm

FCX

Significant options activity has been detected for Freeport-McMoRan (NYSE: FCX), with a notable bearish sentiment among big-money traders. The stock is currently down by 5.24% and is approaching oversold territory. Analysts have a mixed outlook, with a recent upgrade from Morgan Stanley to 'Overweight' and a price target of $62.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 5:47 pm

XOM

Wolfe Research has reinstated an Outperform rating on Exxon Mobil (NYSE:XOM), indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 5:44 pm

PFE

SPY

President Biden's doctor reports that his vital signs remain normal, and he will continue to conduct U.S. business while receiving Paxlovid for mild Covid-19 symptoms.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 5:44 pm

GEV

GE Vernova Inc. (NYSE:GEV) shares are trading lower due to blade damage in the Vineyard Wind 1 offshore wind project, resulting in debris washing ashore. Cleanup efforts are ongoing, and GE Vernova is investigating the issue. Despite this, the company secured a major order from Sonelgaz to enhance Algeria’s grid infrastructure.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2024 | 5:39 pm

CRBP

ROOT

WGS

GeneDx Holdings Corp. (NASDAQ:WGS) has led the Russell 2000 Index in 2024 with a 1,101% increase in share price, driven by a shift to more comprehensive genetic testing. Goldman Sachs has raised its price target for GeneDx from $12.50 to $28, maintaining a Neutral rating. Other top performers include Corbus Holdings Inc. (NASDAQ:CRBP) and Root, Inc. (NASDAQ:ROOT).

Portfolio Pulse from Michael Juliano

July 18, 2024 | 5:36 pm

AXP

BAC

COIN

FCNCA

MS

PNFP

PYPL

SQ

WEX

WFC

Today's session saw significant options activity involving several financial stocks, with notable bearish sentiment for BAC, COIN, SQ, PYPL, PNFP, WEX, and MS, and bullish sentiment for WFC and FCNCA. AXP saw neutral sentiment.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 5:35 pm

AAPL

ALAB

AMD

ASML

DELL

INTC

MSFT

NVDA

SMCI

SNOW

Today's session saw significant options activity involving major IT stocks, with notable trades in NVDA, AMD, AAPL, MSFT, INTC, SMCI, ALAB, DELL, SNOW, and ASML. These trades, tracked by Benzinga's options activity scanner, indicate varying sentiments from bullish to bearish, potentially impacting short-term stock prices.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 5:35 pm

GS

IAI

KBWB

Goldman Sachs and Betterment have launched the Goldman Sachs Tax-Smart Bonds portfolio, targeting high-tax-bracket clients with a mix of U.S. Treasury bonds, corporate bonds, and municipal bond ETFs. Despite positive earnings, Goldman Sachs shares are trading lower.

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 5:30 pm

RBA

RB Global (NYSE:RBA) has seen a significant rise in short interest, with a 91.03% increase since its last report. The company now has 9.56 million shares sold short, representing 5.96% of its float. This is higher than the peer group average of 3.99%. The increase in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 5:30 pm