Streetbeat News

Stock Prices

USO

Oil prices are rising due to tensions in the Middle East, leading to supply uncertainty.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 3:43 pm

UBER

Uber Technologies shares rose following Truist Securities' decision to maintain a Buy rating and increase the price target from $88 to $99.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 3:42 pm

USO

Oil prices have surged due to escalating tensions in the Middle East, particularly between Israel and Iran, marking the strongest five-day rally in two years. The United States Oil Fund (NYSE:USO) has seen crude oil prices rise above $75 a barrel. Concerns about potential disruptions in oil supply from the region, especially the Strait of Hormuz, are driving this increase.

Portfolio Pulse from Piero Cingari

October 07, 2024 | 3:42 pm

DIA

IWM

QQQ

SPY

Major stock indexes are experiencing a decline due to an increase in the 10-year Treasury yield.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 3:38 pm

MYTE

MYT Netherlands Parent B.V. (NYSE:MYTE), known as Mytheresa, is trading higher after agreeing to acquire YOOX NET-A-PORTER from Richemont. Richemont will receive a 33% equity stake in Mytheresa and provide a $109 million credit facility to YNAP. The deal is expected to close in the first half of 2025.

Portfolio Pulse from Dylan Berman

October 07, 2024 | 3:36 pm

BAMXF

EWG

MBGYY

SPY

VGK

VWAGY

Germany's manufacturing sector is experiencing a significant downturn, with new orders falling by 5.8% in August, much more than the expected 2% drop. This decline could have global repercussions, affecting U.S. companies that do business with German firms. The iShares MSCI Germany ETF (EWG) and other European-focused ETFs have shown limited growth compared to U.S. markets.

Portfolio Pulse from Hayden Buckfire

October 07, 2024 | 3:32 pm

DIS

Walt Disney has seen unusual options activity with a mix of bullish and bearish trades. The options market indicates a focus on a price range of $80 to $110. The stock is currently trading at $93.31, down 1.94%, and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 3:31 pm

ANET

Whales are showing a bullish stance on Arista Networks (ANET) with significant options activity. Analysts maintain positive ratings with target prices ranging from $400 to $430. The stock is currently trading at $398.9, up 0.74%, but may be overbought.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 3:31 pm

LII

Lennox International (NYSE:LII) has significantly outperformed the market over the past decade, achieving an average annual return of 22.95%. A $1000 investment in LII 10 years ago would now be worth approximately $7992.53, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 3:30 pm

AMT

American Tower (NYSE:AMT) has significantly outperformed the market over the past 20 years, with an annualized return of 14.03%. A $100 investment in AMT 20 years ago would now be worth $1,376.45, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 3:30 pm