Streetbeat News

Stock Prices

AMD

Advanced Micro Devices (AMD) has seen unusual options activity, with a significant number of bullish trades. This suggests potential positive movement in AMD's stock price, with investors targeting a price range of $130 to $220. The current stock price is $141.38, up 0.36%.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 2:19 pm

CASY

Casey's General Stores shares are trading higher after the company reported its Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:17 pm

JEPI

MSFT

SPYI

The article discusses the NEOS S&P 500 High Income ETF (SPYI) as a reliable source of monthly income during unpredictable market conditions. It compares SPYI with the JPMorgan Equity Premium Income ETF (JEPI), highlighting SPYI's superior performance and tax efficiency. SPYI invests in all S&P 500 constituents and uses out-of-the-money covered call options to generate income, offering a consistent monthly distribution. In contrast, JEPI's performance and income distribution have been less stable.

Portfolio Pulse from Austin Hankwitz

September 05, 2024 | 2:16 pm

GM

LAC

Lithium Americas Corp and General Motors Co are facing delays in closing their $330 million Tranche 2 investment due to Lithium Americas' low share price, which could lead to high dilution. Both companies are seeking mutually beneficial solutions, with the decision-making process extended until year-end. The delay also impacts the timeline for a critical DOE loan for the Thacker Pass project, affecting GM's EV plans.

Portfolio Pulse from Surbhi Jain

September 05, 2024 | 2:12 pm

SCVL

Shoe Carnival, Inc. (NASDAQ:SCVL) reported strong Q2 results, with sales and earnings beating expectations. The company saw a 12.9% increase in quarterly sales and a 23.7% rise in adjusted operating income. Despite a slight decline in comparable store sales, the company revised its 2024 outlook upwards. SCVL shares rose by 12.9% following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2024 | 2:11 pm

HOTH

Hoth Therapeutics shares have been halted due to a significant upside movement, with the stock now up by 95.80%.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:03 pm

PMAX

Powell Max Limited, a financial communications services provider, has announced the pricing of its IPO, offering 1,426,750 Class A Ordinary Shares at $4 per share, aiming to raise $5.707 million. The shares will trade on NASDAQ under the symbol PMAX starting September 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:02 pm

UWMC

UWM Holdings (NYSE:UWMC) has been analyzed by six analysts, showing a range of opinions from bullish to bearish. The average 12-month price target has increased to $7.62, with a high of $10.00 and a low of $4.75. Recent analyst actions include several rating raises, reflecting changing market conditions. Despite challenges in revenue growth and net margin, UWM Holdings shows strong ROE but faces high debt levels.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 2:01 pm

EXPE

Analysts have provided mixed ratings for Expedia Group (NASDAQ:EXPE) over the past three months, with most maintaining a neutral stance. The average 12-month price target is $143.54, slightly down from previous estimates. Expedia's financial performance shows strong ROE but challenges in net margin and debt management.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 2:01 pm

XPEV

Analysts have mixed ratings for XPeng (NYSE:XPEV), with recent evaluations showing a range of sentiments from bullish to bearish. The average 12-month price target is $9.52, slightly up from $9.45. Analysts have adjusted their ratings and price targets in response to market conditions, with some raising and others lowering their expectations. XPeng has shown strong revenue growth and financial management, despite a negative net margin.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 2:01 pm