Streetbeat News

Stock Prices

CMG

Chipotle shares are trading lower after gaining recently on positive analyst commentary.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 6:27 pm

ARM

Arm Holdings shares are trading lower, potentially due to a pullback in chip stocks following recent strength.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 6:26 pm

BTTR

Better Choice Company Inc (AMEX:BTTR) shares are trading higher after the company announced a settlement with Alphia, resulting in the retirement of its senior debt and other indebtedness. The stock is up 10.9% following the news.

Portfolio Pulse from Dylan Berman

June 20, 2024 | 6:23 pm

BTCUSD

COIN

The German government has sold $195 million in Bitcoin, with $3 billion remaining. The sales have been made through major exchanges like Coinbase, Kraken, and Bitstamp. Experts warn that this aggressive liquidation could harm Germany's long-term financial strategy and position in the cryptocurrency market.

Portfolio Pulse from Murtuza Merchant

June 20, 2024 | 6:19 pm

HES

MPC

SLB

XLE

XOM

Crude oil prices surged past $81 per barrel, eyeing the highest close in 7 weeks, driven by a larger-than-expected drop in U.S. crude oil inventories. Energy stocks and ETFs, including XLE, HES, SLB, MPC, and XOM, saw significant gains.

Portfolio Pulse from Piero Cingari

June 20, 2024 | 6:17 pm

SBUX

Financial giants have shown bullish interest in Starbucks (NASDAQ:SBUX) through unusual options activity, with 57% of traders being bullish. The price target for SBUX is between $75.0 and $90.0. The stock is currently trading at $79.8, down by 0.5%. Analysts have mixed ratings with an average price target of $98.5.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 6:16 pm

ISRG

Deep-pocketed investors have shown a bullish stance towards Intuitive Surgical (NASDAQ:ISRG) with significant options activity. The majority of the options are calls, indicating a positive outlook. The projected price targets range from $350 to $435. Despite a recent price drop, expert opinions remain optimistic with a target price of $500.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 6:16 pm

SPCB

SuperCom shares are trading higher following the announcement of receiving orders from European governments worth over $3 million.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 6:12 pm

AMD

INTC

NVDA

Nvidia Corp (NASDAQ:NVDA) is expected to maintain its 80%+ market share in the AI hardware market as the AI sector is projected to triple in the coming years, according to BofA Securities analyst Vivek Arya. Despite a significant surge in its stock price, Nvidia is still considered 'quite inexpensive' based on certain metrics. Competitors like AMD and Intel hold smaller market shares.

Portfolio Pulse from Adam Eckert

June 20, 2024 | 6:09 pm

GSK

PFE

SNY

GSK Plc and other pharmaceutical companies, including Pfizer and Sanofi, are seeking to halt over 70,000 lawsuits related to the heartburn drug Zantac, with support from major U.S. industry groups. These groups argue that allowing the lawsuits to proceed could harm Delaware's business-friendly reputation and judicial consistency.

Portfolio Pulse from Vandana Singh

June 20, 2024 | 6:03 pm