Streetbeat News

Stock Prices

SRPT

Sarepta Therapeutics shares are trading higher following the announcement that the stock will be added to the S&P Midcap 400.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 2:24 pm

DG

Dollar General's executive predicts that consumers will remain price sensitive throughout the year, indicating potential challenges and opportunities for the company in maintaining and attracting customers.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 2:18 pm

GEHC

NFLX

NVDA

On CNBC's 'Halftime Report Final Trades,' analysts discussed their top stock picks. Jim Lebenthal is optimistic about NVIDIA (NVDA) due to its significant gains driven by AI chip demand. Stephanie Link favors GE HealthCare Technologies (GEHC) despite its recent earnings miss. Joseph M. Terranova highlighted Netflix (NFLX), which is banking on new content and may discontinue offline viewing on its Windows app.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 2:17 pm

QCOM

Recent options trading activity for Qualcomm (NASDAQ:QCOM) shows a mixed sentiment among big-money investors, with a notable amount of both bullish and bearish trades. The trading volume and open interest suggest significant interest in Qualcomm's stock, with a predicted price range of $80 to $220 over the next three months. Analysts maintain a generally positive outlook on the stock.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 2:17 pm

HOOD

Robinhood Markets, Inc. (NASDAQ:HOOD) has launched a new Crypto Trading API, allowing users to trade cryptocurrencies without opening the application. This new feature aims to provide automation, customization, and enhanced security for crypto trading. Despite a recent decline in crypto trading volumes, Robinhood's first-quarter results showed significant year-over-year growth in cryptocurrency-related revenue.

Portfolio Pulse from Nabaparna Bhattacharya

May 30, 2024 | 2:12 pm

ULTA

Ulta Beauty (NASDAQ:ULTA) is set to release its first-quarter financial results after the closing bell on Thursday. Analysts expect earnings of $6.23 per share and revenue of $2.72 billion. The company has consistently topped revenue expectations for 10 straight quarters. Recent analyst ratings have seen price target reductions, with mixed ratings ranging from Buy to Neutral.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 2:10 pm

AMZN

CLIX

RTH

TGT

WMT

Amazon has enhanced its Prime membership by making Grubhub subscriptions a permanent benefit, aiming to attract and retain members amid competition from Walmart and Target. This move could make Grubhub more appealing to potential buyers. Amazon's stock has gained 50% in the last 12 months, and investors can gain exposure through ETFs like VanEck Retail ETF and ProShares Long Online/Short Stores ETF.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 2:07 pm

AMD

Financial giants have made significant bullish moves on Advanced Micro Devices (AMD) through options trading. Analysis reveals 17 unusual trades, with a majority being call options. The target price range for AMD is between $160.0 and $190.0. Current trading volume is high, and the stock price is up by 0.27%, with a consensus target price of $215.0 from analysts.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 2:02 pm

CAVA

Whales have shown unusual options activity for Cava Group (NYSE:CAVA) with a mixed sentiment. The stock is currently trading at $90.44, up by 2.59%. Analysts have mixed ratings with an average target price of $88.0.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 2:02 pm

AAL

DAL

UAL

American Airlines CEO Robert Isom admitted that a recent strategy to cut sales staff and remove some fares from corporate booking channels backfired, leading to a loss of valuable corporate clients and a significant drop in revenue. The company is now reversing these changes and has enlisted Bain & Co. to reassess its approach. Shares of American Airlines fell 13.5% following the announcement, while Delta and United Airlines reported a 14% increase in corporate travel revenue.

Portfolio Pulse from Shivani Kumaresan

May 30, 2024 | 2:02 pm