Streetbeat News

Stock Prices

PFE

Significant options activity has been detected for Pfizer (NYSE:PFE), with a majority of trades being bullish. This unusual activity suggests that big-money investors are anticipating a potential price movement. The options trades range from $23.0 to $37.5 strike prices, with a notable volume and open interest in calls.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 6:01 pm

WMT

Over the past three months, 27 analysts have evaluated Walmart (NYSE:WMT), with the majority being somewhat bullish. Recent analyst actions have predominantly involved raising price targets and ratings, reflecting positive sentiment. Despite a slight decline in the average price target, Walmart's financial performance remains strong with high net margins, ROE, and ROA, although it faced a revenue decline of -6.85% over the last three months.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 6:00 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has outperformed the market over the past 10 years with an average annual return of 12.35%, resulting in a $100 investment growing to $315.93. The company currently has a market capitalization of $109.21 billion.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 6:00 pm

Agilent Technologies (NYSE:A) has outperformed the market over the past 15 years, delivering an average annual return of 13.49%. A $1000 investment in Agilent Technologies 15 years ago would be worth $6,703.67 today.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 6:00 pm

AAPL

BABA

CGRO

CLIX

Alibaba's 618 Shopping Festival shows strong sales momentum with major brands like Apple and Xiaomi leading the way. Alibaba aims for double-digit revenue growth by 2027, supported by a stable regulatory environment and consumer spending. The company is also expanding its global cloud reach.

Portfolio Pulse from Anusuya Lahiri

June 03, 2024 | 5:59 pm

MSTR

MicroStrategy Inc. (NASDAQ:MSTR) and its executive chairman Michael Saylor have agreed to a $40 million settlement to resolve a tax fraud lawsuit brought by the Washington D.C. attorney general. The lawsuit accused Saylor of failing to pay over $25 million in income taxes. Saylor denied the accusations, claiming his residence was in Florida. The settlement is the largest income tax recovery in District history. MicroStrategy clarified that the company was not responsible for Saylor's personal tax matters.

Portfolio Pulse from Murtuza Merchant

June 03, 2024 | 5:57 pm

BPTH

MBOT

SAIC

Shares of Science Applications International Corporation (NASDAQ:SAIC) fell 11% following a 9% year-over-year revenue decline in Q1 2025, despite slightly beating revenue estimates and meeting EPS expectations. Other notable stock movements include Microbot Medical Inc. (NASDAQ:MBOT) jumping 92.5% after FDA approval for a clinical trial, and Bio-Path Holdings, Inc. (NASDAQ:BPTH) rising 75% following positive interim results from a Phase 2 study.

Portfolio Pulse from Avi Kapoor

June 03, 2024 | 5:56 pm

ARWR

Arrowhead Pharmaceuticals Inc. (NASDAQ:ARWR) announced positive topline results from its Phase 3 PALISADE study of plozasiran for treating familial chylomicronemia syndrome (FCS). The study met its primary and secondary endpoints, showing significant reductions in triglycerides and a favorable safety profile. ARWR shares rose by 7.58% following the news.

Portfolio Pulse from Vandana Singh

June 03, 2024 | 5:55 pm

IAI

NDAQ

VNMC

Nasdaq, Inc. (NDAQ) and The European Energy Exchange (EEX) deal faces potential full-scale investigation by EU antitrust regulators unless EEX enhances its competition remedies. The deal involves EEX acquiring Nasdaq's European power trading and clearing business. The EU competition enforcer is expected to open a full-scale investigation after June 26 if remedies are not strengthened. Investors can gain exposure to Nasdaq via IShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and Natixis Vaughan Nelson Mid Cap ETF (VNMC).

Portfolio Pulse from Lekha Gupta

June 03, 2024 | 5:54 pm

CLH

ETN

RSHO

SPY

SUM

The Tema American Reshoring ETF (NYSE:RSHO) has outperformed the S&P 500 Index over the past year, achieving a 32% annual gain without holding any of the Magnificent Seven stocks. The ETF focuses on companies involved in reshoring manufacturing to the U.S. due to supply chain insecurity, trade wars, and geopolitical tensions. Key holdings include Eaton Corp (NYSE:ETN), Parker-Hannifin Corp (NYSE:PH), Summit Materials Inc. (NYSE:SUM), and Clean Harbors Inc. (NYSE:CLH).

Portfolio Pulse from Piero Cingari

June 03, 2024 | 5:46 pm