Streetbeat News

Stock Prices

PDD

The options market shows a bearish sentiment towards PDD Holdings, with 48% of trades being bearish. The stock price has decreased by 5.69% to $90.45, and the RSI suggests it may be oversold. The next earnings report is due in 90 days.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 2:45 pm

BNO

USO

Oil prices are declining due to supply disruptions in Libya and weak demand in China. Additionally, a smaller-than-expected draw in crude inventories and a build in distillate stocks are contributing to the downward pressure.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:42 pm

AMD

AMZN

AVGO

GOOGL

NVDA

SMCI

TSLA

NVIDIA's upcoming Q2 2024 earnings report is highly anticipated, with potential to impact the tech sector, AI stocks, and the S&P 500. NVIDIA's performance could influence market sentiment, AI industry growth, and the broader economic landscape.

Portfolio Pulse from Pennystocks.com

August 28, 2024 | 2:38 pm

BSIIU

The trading halt for an IPO security has been updated, and the security is now released for quotation as of 10:35:00 AM ET.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:35 pm

UTME

UTime shares experienced significant volatility, with trading resuming only to be halted again due to a circuit breaker as the stock plummeted by 59.6%.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:34 pm

CAVA

Cava Group has seen significant options trading activity, with 17 unusual trades identified. The majority of these trades are bullish, indicating positive sentiment among traders. Analysts have mixed ratings on Cava Group, with target prices ranging from $90 to $120. The stock is currently trading at $119.71, up 1.36%, but RSI indicators suggest it may be overbought.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 2:32 pm

BA

Deep-pocketed investors are showing a bullish trend towards Boeing (NYSE:BA) with significant options activity. The options scanner at Benzinga highlighted 11 extraordinary options activities, with a mix of bullish and bearish sentiments. Analysts have set a consensus target price of $217.4 for Boeing, with various ratings from Positive to Equal-Weight.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 2:32 pm

ELF

e.l.f. Beauty has seen significant options trading activity, with a bullish sentiment prevailing among investors. The stock price has risen by 3.76% to $156.97, and analysts have set an average price target of $242.6. The options market indicates a price range of $150 to $210 in the near term.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 2:32 pm

SPY

UNG

The latest report shows a larger-than-expected draw in US gasoline inventories, with a draw of 2.203 million barrels compared to the estimated 1.600 million barrels. This indicates a higher demand or lower supply than anticipated.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:30 pm

USO

The EIA reported a build in distillate stocks of 0.275 million barrels, contrary to the expected draw of 1.100 million barrels. This follows a prior draw of 3.312 million barrels.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:30 pm