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MULN

Mullen Automotive's stock is trading higher after announcing that its unit, Bollinger Motors, will start producing the Bollinger B4 Chassis Cabs in September 2024, with deliveries and revenue expected in October 2024. The B4 EV truck is designed with a secure battery solution and will be produced in partnership with Roush Industries.

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2024 | 3:13 pm

AMPS

Altus Power shares declined following a downgrade by Morgan Stanley from Overweight to Equal-Weight, with a price target reduction from $8 to $4.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 3:07 pm

AMAT

High-rolling investors are showing a bullish sentiment on Applied Materials (NASDAQ:AMAT) through options trading, with a significant number of call options indicating a potential price range of $207.5 to $270.0. Analysts have mixed ratings, with price targets ranging from $230 to $270.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 3:03 pm

SBUX

Deep-pocketed investors are showing a bearish sentiment towards Starbucks (NASDAQ:SBUX) through significant options trading activity. Benzinga's options scanner detected 21 extraordinary options activities, with 61% of the sentiment being bearish. The trading activity suggests a price range of $60.0 to $115.0 for Starbucks over the next three months. Analysts have mixed ratings, with price targets ranging from $80 to $105.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 3:03 pm

BEN

Franklin Resources shares declined following the announcement of Michael Buchanan as the new Chief Investment Officer, replacing Ken Leech, who is on leave after receiving a Wells Notice from the SEC.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 3:03 pm

UNIUSD

Uniswap's (UNI) price has risen by 4.71% in the last 24 hours, reaching $6.49. Over the past week, it has increased by over 3%. The trading volume has grown by 5%, and the circulating supply has increased by 0.24%. Uniswap's market cap is $4.89 billion, ranking it #23.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 3:01 pm

EV

RIO

SLX

Rio Tinto has signed a $110 million agreement with XCMG Machinery to supply mining equipment for the Simandou iron ore project in Guinea. This project is significant due to its high-grade iron ore reserves. Rio Tinto's shares have risen following the announcement.

Portfolio Pulse from Lekha Gupta

August 21, 2024 | 3:01 pm

SOL

Emeren Group (NYSE:SOL) has received mixed analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has decreased by 18.52% to $4.62. The company faces revenue growth challenges but maintains strong financial metrics like net margin and ROE.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 3:01 pm

ZION

Zions Bancorp (NASDAQ:ZION) has received mixed analyst ratings, with most analysts being indifferent. The average 12-month price target has increased to $51.31, indicating a positive outlook. Despite a decline in revenue, Zions shows strong ROE and a sound financial structure.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 3:00 pm