Streetbeat News

Stock Prices

JPM

Deep-pocketed investors are showing a bullish approach towards JPMorgan Chase (NYSE:JPM) with significant options activity detected. The options market shows a mix of bullish and bearish sentiments, with a notable volume of calls and puts. Analysts have mixed ratings, but the consensus target price is around $210.8.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 4:30 pm

RMD

ResMed (NYSE:RMD) has significantly outperformed the market over the past 20 years, delivering an average annual return of 15.03%. A $100 investment in ResMed 20 years ago would be worth $1,659.56 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 4:30 pm

CPRT

Copart (NASDAQ:CPRT) has significantly outperformed the market over the past 15 years, delivering an average annual return of 23.64%. A $1000 investment in CPRT 15 years ago would be worth $26,151.32 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 4:30 pm

CCSO

MULN

VXF

Mullen Automotive (NASDAQ:MULN) has secured a purchase order for 40 Mullen-GO urban delivery vehicles from Switzerland-based Antidoto SA, with a potential for 180 more units in 2025. This order is part of Mullen's European expansion strategy. Mullen's stock has lost over 99% in the last 12 months, and investors can gain exposure through ETFs like Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO) and Vanguard Extended Market ETF (NYSE:VXF).

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 4:30 pm

SBUX

VTI

XLY

Starbucks is facing significant staffing issues and longer wait times, leading to customer frustration and a decline in sales. The company's labor algorithm and new policies have not fully addressed the problem, resulting in a 22% drop in stock price under the current CEO. Starbucks is implementing new measures to improve efficiency and customer experience.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 4:29 pm

BLK

GBTC

IBIT

MSTR

BlackRock's iShares Bitcoin Trust (IBIT) has become the largest Bitcoin fund globally, surpassing Grayscale Bitcoin Trust (GBTC) with nearly $20 billion in assets. The fund's success has contributed to Bitcoin's price surge and has outperformed MicroStrategy (MSTR) in Bitcoin holdings.

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 4:27 pm

BOX

Box shares are trading higher following a Q1 earnings beat.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:25 pm

ENPH

Enphase Energy Inc (NASDAQ:ENPH) is experiencing a bullish trend driven by favorable news and technical indicators. The stock has formed a Golden Cross and is up 12.53% over the past month. Key events include expansion into Finland, increased tariffs on Chinese solar imports, and the launch of the IQ Battery 5P in Mexico.

Portfolio Pulse from Surbhi Jain

May 29, 2024 | 4:24 pm

AAP

Advance Auto Parts shares are trading lower after the company reported mixed Q1 earnings. The stock initially gained on the report but has since reversed.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:23 pm

TDS

TMUS

Telephone And Data Systems (TDS) shares are trading lower after a previous rise on Tuesday. The rise followed the announcement of an agreement to sell UScellular's wireless operations and select spectrum assets to T-Mobile.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:22 pm