Streetbeat News

Stock Prices

BYON

GM

GT

HOG

MGA

SYPR

Auto-related stocks are experiencing a rise in share prices due to overall market strength, influenced by Fed Chair Powell's comments on the economy and potential future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 5:08 pm

PDD

PDD Holdings Inc (NASDAQ:PDD) is experiencing slight selling pressure ahead of its Q2 earnings report, despite several bullish technical indicators. The stock is trading above key moving averages, and analysts have set a price target suggesting a 44.85% upside. Wall Street expects $2.73 EPS and $14 billion in revenues.

Portfolio Pulse from Surbhi Jain

August 23, 2024 | 5:03 pm

MSTR

The options market shows a bullish sentiment towards MicroStrategy (NASDAQ:MSTR), with 58% of trades being bullish. The stock is currently trading at $141.47, up by 5.72%. Analysts have set high target prices, indicating positive expectations.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 5:02 pm

UNG

USO

The latest Baker Hughes report shows no change in the U.S. oil rig count, a decrease of one in the natural gas rig count, and a total rig count of 585, down from 586 previously.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 5:02 pm

DIS

Investors are showing mixed sentiment on Walt Disney (NYSE:DIS) through options trading, with significant activity in both puts and calls. The options trades suggest a price range target of $85 to $140. The stock is currently trading at $89.81, with a neutral RSI. Anticipated earnings release is in 75 days.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 5:02 pm

COWZ

NNN

SHW

V

The CNBC Halftime Report highlighted final trades including Sherwin-Williams, Visa, NNN REIT, and Pacer US Cash Cows 100 ETF. These stocks and ETF were discussed as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 5:01 pm

FSLR

First Solar (NASDAQ:FSLR) has outperformed the market over the past 10 years with an average annual return of 12.47%, surpassing the market by 1.68% annually. A $1000 investment in FSLR 10 years ago would now be worth $3,200.36.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 5:01 pm

MUSA

Murphy USA (NYSE:MUSA) has significantly outperformed the market over the past decade, with an annualized return of 25.11%. A $1000 investment in MUSA 10 years ago would now be worth $9,347.03, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 5:00 pm

AKTS

APLD

ASTC

AUR

BLND

BTCM

CISO

COMM

CORZ

FLEX

OBLG

RXT

VNET

Tech sector shares are rising due to market optimism following Fed Chair Powell's comments on the economy and potential future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 5:00 pm

COIN

HIVE

MARA

MSTR

Crypto-related stocks are experiencing a rise in share prices due to an increase in Bitcoin's value. This movement is influenced by recent economic data and statements from Fed Chair Powell.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:57 pm