Streetbeat News

Stock Prices

JD

JD.com shares fell 3.8% due to PDD Holdings' disappointing revenue results, raising concerns about JD's market position and potential price wars. PDD's aggressive pricing and market expansion challenge JD, which is investing heavily in logistics and technology. The broader economic slowdown in China adds further risk.

Portfolio Pulse from Henry Khederian

August 26, 2024 | 3:31 pm

JPM

Whales are showing a bullish stance on JPMorgan Chase (JPM) through options trading, with a focus on a price range of $200 to $230. Despite mixed sentiment in trades, the stock is slightly up, and analysts maintain an Overweight rating with a target price of $226.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 3:30 pm

AVGO

The options market indicates a bearish sentiment towards Broadcom (NASDAQ:AVGO), with significant options trades showing 48% bearish and 31% bullish sentiment. The stock is currently down 3.02% at $161.33, and RSI indicators suggest it may be overbought. Broadcom's next earnings report is expected in 10 days.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 3:30 pm

AFRM

Deep-pocketed investors are showing significant options activity in Affirm Holdings (NASDAQ:AFRM), with a mix of bullish and bearish sentiments. The options activity suggests a targeted price range of $25 to $50. Analysts have set an average price target of $40.5, with recent ratings from JP Morgan and B of A Securities being Overweight and Buy, respectively.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 3:30 pm

SSNC

SS&C Technologies Holdings (NASDAQ:SSNC) has outperformed the market over the past decade with an average annual return of 12.38%, surpassing the market by 1.55% annually. A $100 investment in SSNC 10 years ago would now be worth $321.31.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 3:30 pm

DELL

Dell Technologies (NYSE:DELL) has significantly outperformed the market over the past 5 years, with an annualized return of 33.83%. A $100 investment in DELL 5 years ago would now be worth $472.96, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 3:30 pm

PWM

Prestige Wealth Inc (NASDAQ:PWM) shares surged 65% after announcing an acquisition agreement to purchase SPW Global for $4.5 million. The deal aims to enhance PWM's AI capabilities in wealth management, with completion expected in Q4 2024.

Portfolio Pulse from Henry Khederian

August 26, 2024 | 3:28 pm

SEDG

SolarEdge Technologies (NASDAQ:SEDG) shares are trading lower following a leadership transition, with the CEO stepping down and a new CFO appointed. The stock, which had gained over 14% recently, is now down 4.45%. Analysts have mixed ratings, with a 12-month price target of $34.

Portfolio Pulse from Erica Kollmann

August 26, 2024 | 3:25 pm

BCAN

Femto Technologies' shares are trading lower following the completion of a 1-for-17 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:22 pm

PBR

Petroleo Brasileiro shares rose following an upgrade by Morgan Stanley, which increased its rating from Equal-Weight to Overweight and raised the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:21 pm