Streetbeat News

Stock Prices

MRVL

Financial giants have shown a bullish trend in Marvell Tech's options market, with 59% of traders being bullish. The major market movers are focusing on a price band between $57.5 and $110.0. Analysts have mixed ratings, with price targets ranging from $77 to $100.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 7:46 pm

LEVI

NKE

Levi Strauss & Co. (NYSE: LEVI) reported its fiscal second quarter results, showing an earnings beat but a revenue miss. Despite an 8% YoY revenue increase to $1.44 billion, it fell short of the $1.45 billion estimate. Shares fell 15% in extended trading. Levi reaffirmed its full-year guidance and is transitioning to a third-party distribution network. Nike (NYSE: NKE) serves as a cautionary tale for this strategy.

Portfolio Pulse from Upwallstreet

June 28, 2024 | 7:45 pm

PLTR

Palantir Technologies Inc (NYSE:PLTR) co-founders Peter Thiel and Joe Lonsdale have publicly declared their support for Donald Trump in the 2024 election. Thiel, who has a history of supporting Trump, stated he would vote for Trump over Biden but will not donate to Trump's super PAC. Lonsdale criticized Biden's policies and praised Trump's competence. The support from these influential figures could spotlight Palantir, especially if Trump wins and Thiel and Trump repair their relationship.

Portfolio Pulse from Chris Katje

June 28, 2024 | 7:42 pm

NVO

Deep-pocketed investors are showing significant interest in Novo Nordisk (NYSE:NVO) options, with a notable split between bullish and bearish sentiments. The options activity suggests a focus on a price range between $120 and $155. Analysts have mixed ratings, with an average target price of $160.75.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 7:31 pm

WMT

Financial giants have shown a bullish interest in Walmart (NYSE:WMT) through options trading, with 13 unusual trades identified. The trades are split evenly between bullish and bearish sentiments. Analysts maintain positive ratings with price targets ranging from $73 to $81. Walmart's stock is currently trading at $67.5, down by 0.56%.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 7:31 pm

Micron Technology (NASDAQ:MU) has outperformed the market over the past 20 years with an average annual return of 11.8%. A $100 investment in MU 20 years ago would be worth $931.23 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 7:31 pm

DESK

HIW

INDS

NLOP

SLG

Goldman Sachs reports that the worst may be over for the commercial real estate (CRE) market, but a full recovery is still distant. While some cities like New York and San Francisco show improvements, high interest rates and structural issues in the office segment pose ongoing challenges. CRE-related ETFs and some stocks have shown mixed performance year-to-date.

Portfolio Pulse from Piero Cingari

June 28, 2024 | 7:30 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets are trading down despite unchanged U.S. inflation in May. Bitcoin, Ethereum, and Dogecoin have seen price declines. Notable developments include Bolivia legalizing Bitcoin and Bitcoin-powered Core Blockchain launching an exchange-traded product in Sweden. Analysts predict a bullish trend for Bitcoin by year-end.

Portfolio Pulse from Khyathi Dalal

June 28, 2024 | 7:18 pm

ACB

CGC

CRON

OGI

SNDL

VFF

Aurora Cannabis (NASDAQ:ACB) has received a neutral rating from analyst Pablo Zuanic, who highlights the company's potential in international markets but also notes the challenges it faces. Aurora's financial projections show significant improvements, but the company must prove its growth strategies amid a competitive landscape. Other companies like Cronos Group (NASDAQ:CRON), Canopy Growth (NASDAQ:CGC), SNDL (NASDAQ:SNDL), Village Farms International (NASDAQ:VFF), and Organigram (NASDAQ:OGI) are also mentioned in the context of U.S. market strategies.

Portfolio Pulse from Nicolás Jose Rodriguez

June 28, 2024 | 7:13 pm

NCBDY

The 'Shadow of the Erdtree' DLC for Elden Ring has sold 5 million copies within three days of its release. Bandai Namco Holdings ADR (OTC:NCBDY) expressed gratitude to fans for this milestone. Despite initial mixed reviews, the DLC now enjoys a 'mostly positive' rating. FromSoftware's president, Hidetaka Miyazaki, hinted at potential movie adaptations of Elden Ring, provided a strong partnership is formed.

Portfolio Pulse from Franca Quarneti

June 28, 2024 | 7:12 pm