Streetbeat News

Stock Prices

JBLU

High-rolling investors are showing bearish sentiment on JetBlue Airways (NASDAQ:JBLU) through options activity, with 50% of trades being bearish. The stock is currently up 13.93% at $7.28, but analysts have an average target price of $5.75, indicating potential overvaluation. The next earnings report is expected in 25 days.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 2:47 pm

AAPL

Financial giants are showing a bullish sentiment on Apple (NASDAQ:AAPL) with significant options trading activity. 45% of traders are bullish, with a price target range of $180 to $240. Analysts have mixed ratings, with price targets ranging from $225 to $273.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 2:47 pm

GEV

GE Vernova shares are trading higher despite HSBC downgrading the stock from Buy to Hold, as the price target was raised from $240 to $255.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 2:45 pm

STZ

Constellation Brands (NYSE:STZ) reported strong Q2 earnings, beating EPS expectations but missing sales consensus. Analysts express concerns about the company's performance in the latter half of the year, citing macroeconomic pressures and category sluggishness. Despite these concerns, some analysts maintain positive ratings, highlighting strong volume growth and potential for improvement.

Portfolio Pulse from Priya Nigam

October 04, 2024 | 2:41 pm

FLX

BingEx Limited, a leading courier service provider in China, has announced the pricing of its IPO, offering 4 million ADSs at $16.50 each, aiming to raise $66 million. The ADSs will trade on NASDAQ under the symbol 'FLX'.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 2:39 pm

SPY

In a Yahoo Finance interview, Fed's Goolsbee discussed how external shocks have historically disrupted attempts at achieving a soft landing in the economy. This highlights the challenges faced by the Federal Reserve in managing economic stability.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 2:37 pm

UXIN

Uxin shares resumed trading after a circuit breaker halt, indicating significant volatility in the stock. This event may affect investor sentiment and short-term stock price movements.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 2:37 pm

FLX

The trading halt on an IPO security has been lifted, allowing it to resume quotation as of 10:35 AM ET.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 2:35 pm

SPY

In a Yahoo Finance interview, Fed's Goolsbee emphasized not to overreact to individual monthly reports, suggesting that consistent reports would indicate the labor market is on track. This implies a steady economic outlook without immediate drastic changes.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 2:30 pm

ANF

APOG

B

CAPR

JBLU

JKS

LX

MNSO

UAL

ULCC

VFC

Apogee Enterprises reported strong earnings, leading to a 20.7% stock surge. Frontier Group and JetBlue also saw significant gains due to potential Spirit Airlines bankruptcy. Other stocks like LexinFintech, Capricor Therapeutics, and Barnes Group recorded notable increases.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 2:28 pm