Streetbeat News

Stock Prices

ASML

Deep-pocketed investors have adopted a bearish approach towards ASML Holding (NASDAQ:ASML), as revealed by Benzinga's options scanner. The scanner highlighted 12 extraordinary options activities, with 50% of the sentiment being bearish. The stock is currently trading at $1060.9, up by 1.24%, and has an upcoming earnings release in 14 days. Analysts have an average target price of $1185.0.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 1:47 pm

AMD

Market whales have shown a bullish stance on AMD options, with 62% of trades being bullish. Significant investors are targeting a price range of $95.0 to $165.0 for AMD over the next three months. The stock is currently trading at $163.97, down by 0.21%. Analysts have mixed ratings with price targets ranging from $176 to $200.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 1:47 pm

BIDU

Investors with significant capital are taking a bullish stance on Baidu (NASDAQ:BIDU), as evidenced by recent options trades tracked by Benzinga. The sentiment is predominantly bullish, with 81% of the trades being calls. The price range being targeted is between $80.0 and $150.0. Baidu's stock is currently up 1.77% at $88.41, and analysts have set a price target of $130.0.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 1:47 pm

SPY

The S&P Global Services PMI for June came in at 55.3, surpassing the estimated 55.1 and the prior month's 54.8. This indicates a stronger-than-expected expansion in the services sector.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 1:45 pm

TME

Investors Business Daily's SwingTrader has added Tencent Music Entertainment Group (TME) to its portfolio, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 1:41 pm

HROW

LBPH

LLY

Three health care stocks, Harrow Inc (HROW), Longboard Pharmaceuticals Inc (LBPH), and Eli Lilly And Co (LLY), are currently overbought according to their RSI values, indicating potential short-term price declines. Despite recent gains, investors should be cautious.

Portfolio Pulse from Avi Kapoor

July 03, 2024 | 1:41 pm

IVP

Inspire Veterinary Partners (IVP) shares have been halted to the upside, with the stock now up 108.40%.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 1:40 pm

NKLA

Nikola Corp (NASDAQ:NKLA) shares are trading higher after the company reported better-than-expected truck sales in the second quarter. The stock has gained momentum following the announcement, despite hitting all-time lows earlier this week. Analysts have mixed views on the stock, with some expecting significant gains.

Portfolio Pulse from Adam Eckert

July 03, 2024 | 1:37 pm

BLCV

HAPS

KOS

Kosmos Energy Ltd. (NYSE:KOS) has started oil production at the Winterfell development in the U.S. Gulf of Mexico, leading to a rise in its share price. The Winterfell project, in which Kosmos holds a 25.04% working interest, is expected to produce around 20,000 barrels of oil equivalent per day from its first three wells by Q3 2024. Kosmos recently reported strong Q1 earnings, beating both EPS and sales estimates. Investors can also gain exposure to Kosmos through ETFs like BlackRock Large Cap Value ETF (NYSE:BLCV) and Harbor Human Capital Factor US Small Cap ETF (NYSE:HAPS).

Portfolio Pulse from Lekha Gupta

July 03, 2024 | 1:30 pm

BTCUSD

MARA

Marathon Digital Holdings Inc (NASDAQ:MARA) shares are trading lower due to a decline in Bitcoin prices and a decrease in their Bitcoin production for June. The company produced 590 bitcoins in June, down from 979 in the same period last year. Despite this, Marathon Digital's operational hashrate increased by 2% month-over-month to 26.3 EH/s, and they have increased their total bitcoin holdings to 18,536 coins. The company also reported a cash and bitcoin balance of $1.4 billion as of June 30. Bitcoin's price decline is partly attributed to net outflows from Bitcoin ETFs.

Portfolio Pulse from Adam Eckert

July 03, 2024 | 1:29 pm