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Stock Prices

RTX

Deep-pocketed investors are showing a bullish trend towards RTX (NYSE:RTX) with significant options activity. Benzinga's options scanner highlighted 10 extraordinary options activities, with 70% of the sentiment being bullish. The price range targeted by these investors is between $80.0 and $120.0. RTX's current price is $107.87, down by 0.29%, and the next earnings report is expected in 46 days.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 7:31 pm

KLAC

Recent options trading trends in KLA (NASDAQ:KLAC) indicate a bullish stance among big-money investors, with 7 call options and 1 put option detected. The price range targeted by these trades is between $390.0 and $840.0. KLA's stock is currently trading at $766.07, down by 1.69%, with an RSI suggesting it may be approaching overbought territory. Analysts have mixed ratings with a consensus target price of $820.0.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 7:31 pm

BLK

BlackRock (NYSE:BLK) has significantly outperformed the market over the past 20 years, delivering an average annual return of 13.41%. A $1000 investment in BLK 20 years ago would be worth $12,295.45 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 7:31 pm

BKKT

Bakkt Holdings Inc. (NYSE:BKKT) is exploring strategic options including a potential sale or breakup amid increased consolidation in the digital-asset sector. Despite reporting better-than-expected earnings, BKKT shares are trading lower.

Portfolio Pulse from Vaishali Prayag

June 07, 2024 | 7:26 pm

VERO

Venus Concept Inc. (NASDAQ:VERO) shares surged by 126.7% in pre-market trading after the company announced it regained compliance with Nasdaq's minimum equity rule. This was achieved through a $35 million debt-to-equity transaction. Additionally, Venus Concept received a medical device license from Health Canada for its Venus Versa Pro system.

Portfolio Pulse from Vaishali Prayag

June 07, 2024 | 7:23 pm

PYPL

PayPal Holdings Inc. (NASDAQ:PYPL) has seen a 5.49% rise in its stock price following optimistic comments from CEO Alex Chriss at the Bank of America’s Global Technology Conference. Analysts note that Q2 EPS growth is ahead of guidance, and technical indicators signal a bullish trend. Despite a Neutral rating from Bank of America, PayPal's strategic initiatives and positive technical indicators suggest potential for further growth.

Portfolio Pulse from Surbhi Jain

June 07, 2024 | 7:17 pm

RNW

ReNew Energy Global shares are trading higher after Roth MKM reiterated a Buy rating and raised its price target from $8 to $9.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 7:09 pm

ASXC

BMEA

BNED

GERN

GME

VERO

U.S. stocks traded mixed with the Nasdaq Composite falling slightly. Key movers included Venus Concept, Asensus Surgical, Geron Corporation, Biomea Fusion, Barnes & Noble Education, and GameStop. Crude oil prices edged lower, and the total number of active U.S. oil rigs fell by four.

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 7:05 pm

LINKUSD

Chainlink (CRYPTO: LINK) has experienced a significant price drop of 6.88% in the past 24 hours, continuing a week-long decline of 11.0%. Despite the price drop, trading volume has increased by 31.0% over the past week, and the circulating supply has grown slightly by 0.28%. Chainlink's market cap is currently ranked #16 at $9.49 billion.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 7:03 pm

AVAXUSD

Avalanche (CRYPTO: AVAX) has seen a significant price drop of 8.97% in the past 24 hours, continuing its downward trend over the past week. Despite the price drop, trading volume has increased by 22.0%, and the circulating supply has grown by 8.31%. AVAX's current market cap is $12.99 billion, ranking it #13.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 7:02 pm