Streetbeat News

Stock Prices

WFC

The options market shows a bearish sentiment towards Wells Fargo, with 50% of trades being bearish. Analysts have set a price target of $65, and the stock is currently trading at $55.11, down 2.1%. The anticipated earnings release is in 18 days.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 3:45 pm

XOM

Exxon Mobil (NYSE:XOM) has seen significant options activity, with a mix of bullish and bearish trades. The options trades suggest a focus on a price range between $95 and $130. Analysts have given mixed ratings, with target prices ranging from $130 to $149.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 3:45 pm

AZN

BDTX

Black Diamond Therapeutics reported promising Phase 2 data for its drug BDTX-1535, showing anti-tumor activity in lung cancer patients resistant to AstraZeneca's Tagrisso. The drug demonstrated a 36% response rate in a specific patient group, with most adverse events being mild or moderate.

Portfolio Pulse from Vandana Singh

September 23, 2024 | 3:43 pm

EWG

FXI

The German Economy Minister highlighted that a significant issue in the auto market is the demand from China, which is not expected to be resolved soon.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:38 pm

GPUS

Hyperscale Data shares have resumed trading after a temporary halt. The company is involved in the data storage and management sector, which is seeing increased interest due to the growing demand for data solutions.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:35 pm

WGO

Winnebago Industries Inc (NYSE:WGO) is under pressure after a short seller report by Hunterbrook highlighted potential widespread frame failures in its Grand Design RVs, which contribute significantly to the company's revenue. The report suggests Winnebago may be aware of these issues and is facing mounting pressure for a recall, with rising inventory levels and lawsuits adding to the concerns.

Portfolio Pulse from Adam Eckert

September 23, 2024 | 3:34 pm

ALSN

Allison Transmission (NYSE:ALSN) has delivered an average annual return of 12.31% over the past 10 years, outperforming the market by 1.12% annually. A $1000 investment in ALSN 10 years ago would be worth $3,127.24 today.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 3:30 pm

CI

Cigna (NYSE:CI) has significantly outperformed the market over the past 15 years, with an annualized return of 18.32%. A $1000 investment in Cigna 15 years ago would be worth $12,278.75 today. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 3:30 pm

MU

Micron Technology's stock is trading higher as the semiconductor sector recovers. The company is set to report its Q4 earnings soon, with analysts expecting $1.13 EPS and $7.635 billion in revenue. Despite recent price target cuts by analysts, the average 12-month target suggests potential upside.

Portfolio Pulse from Erica Kollmann

September 23, 2024 | 3:27 pm

VLCN

Volcon Inc. (NASDAQ:VLCN) has announced the early launch of its HF1 Electric UTV, a high-powered, all-electric off-road vehicle. Originally scheduled for 2025, the first production run is ready ahead of schedule, with units shipping globally. The HF1 features a 350-volt electric system, advanced suspension, and smart technology, offering a sustainable and versatile solution for off-road enthusiasts and commercial use.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:25 pm