Streetbeat News

Stock Prices

NXT

High-rolling investors have shown unusual options activity in NEXTracker (NASDAQ:NXT), with a mix of bullish and bearish sentiments. The options trades suggest a price window of $40.0 to $50.0 for NXT. Analysts have issued ratings with a consensus target price of $59.0.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 6:48 pm

CSCO

Cisco shares are trading lower, reversing after rising late Wednesday on Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 6:38 pm

ASTS

BMTX

DE

EYEN

OMER

SPIR

TSRI

U.S. stocks traded mixed with the Nasdaq Composite falling slightly. Deere & Co. reported strong Q2 earnings but lowered its 2024 net income outlook. BM Technologies, AST SpaceMobile, and TSR saw significant stock price increases, while Eyenovia, Spire Global, and Omeros Corporation experienced declines.

Portfolio Pulse from Avi Kapoor

May 16, 2024 | 6:37 pm

MRK

Wealthy investors have taken a bullish stance on Merck & Co (NYSE:MRK), with Benzinga's options scanner detecting 11 uncommon options trades. The sentiment is split between 54% bullish and 45% bearish, focusing on a price band between $120.0 and $131.0. Analysts have set an average price target of $139.0.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 6:36 pm

INTU

Deep-pocketed investors have shown unusual bearish options activity for Intuit (NASDAQ:INTU), with 75% of the activity being bearish. This significant move suggests potential upcoming volatility for INTU. The stock is currently trading at $654.17, with an earnings announcement expected in 7 days.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 6:36 pm

AMZN

BABA

FXI

GOOG

META

MSFT

NVDA

PDD

David Tepper, founder of Appaloosa Management, has increased his holdings in Chinese companies, making Alibaba his top holding. He has trimmed stakes in major U.S. tech companies like Nvidia, Microsoft, Amazon, Meta, and Alphabet. Tepper's bullish stance on China has driven up stocks like Alibaba and the iShares China Large-Cap ETF.

Portfolio Pulse from Surbhi Jain

May 16, 2024 | 6:34 pm

COIN

Coinbase shares are trading lower following reports that CME plans to launch Bitcoin trading.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 6:30 pm

COR

Cencora (NYSE:COR) has outperformed the market over the past 5 years with an average annual return of 22.36%, resulting in a $1000 investment growing to $2,788.84. The company currently has a market capitalization of $44.24 billion.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 6:30 pm

VEEV

Veeva Systems (NYSE:VEEV) has significantly outperformed the market over the past 10 years, delivering an average annual return of 26.66%. A $100 investment in VEEV 10 years ago would be worth $1,056.11 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 6:30 pm

BNBUSD

ETHUSD

SOLUSD

Political-themed meme coins like TRUMP and BODEN are gaining traction as the 2024 U.S. presidential elections approach. Former House Speaker Nancy Pelosi criticized a potential debate between President Biden and former President Trump. TRUMP is expected to break its $10 resistance, while BODEN may rebound. TRUMP has raised $1.5 million for charity and aims to be among the top three meme coins.

Portfolio Pulse from Khyathi Dalal

May 16, 2024 | 6:28 pm