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BA

FAA's Whitaker is set to brief lawmakers on Boeing's safety issues in early June. This comes as Boeing faces a long road to address these concerns, according to the FAA.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:41 pm

GME

GameStop shares are trading lower following recent retail-driven volatility.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:39 pm

HIMS

Recent options trading trends indicate a bearish stance on Hims & Hers Health (NYSE:HIMS) by significant investors. Benzinga's options scanner detected 15 uncommon options trades, with 46% being bearish. The trading activity suggests a price range of $12.0 to $30.0 for HIMS over the next three months. The stock is currently trading at $15.75, down by 2.6%. Analysts have mixed ratings, with target prices ranging from $13 to $24.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 7:31 pm

MCD

Deep-pocketed investors have adopted a bearish approach towards McDonald's (NYSE:MCD), as revealed by Benzinga's options scanner. The scanner highlighted 18 extraordinary options activities, with 61% of the sentiment being bearish. Significant options trades include puts totaling $576,811 and calls amounting to $236,821. Analysts have mixed opinions, with price targets ranging from $300 to $315.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 7:30 pm

SPY

Federal Reserve's Raphael Bostic stated at a Stanford University event that it might take longer for the U.S. to reach the 2% inflation target compared to other countries.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:25 pm

WOOF

Petco Health And Wellness shares are trading higher after multiple analysts raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:23 pm

SPY

Federal Reserve's Raphael Bostic stated that job growth has been robust, which supports maintaining restrictive monetary policies. He emphasized that the economy is not in danger of becoming overly contractionary and suggested patience to avoid overheating the economy.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:20 pm

FREY

FREYR Battery shares are trading lower after a spike on Wednesday.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:20 pm

CRM

FDTX

FEPI

Salesforce (NYSE: CRM) is expected to continue its growth despite forex headwinds and delays in AI development. Analysts have mixed ratings and price targets, with Wells Fargo lowering its target to $300 and Oppenheimer maintaining a $325 target. Stifel remains optimistic with a $350 target. Salesforce's stock has gained over 34% in the last 12 months, and investors can gain exposure through ETFs like REX FANG & Innovation Equity Premium Income ETF (NASDAQ: FEPI) and Fidelity Disruptive Technology ETF (NASDAQ: FDTX).

Portfolio Pulse from Anusuya Lahiri

May 23, 2024 | 7:17 pm

SPY

Federal Reserve's Raphael Bostic indicated that more patience and certainty are needed regarding inflation's path to 2% before adjusting the policy rate. This statement was made during a speaking event at Stanford University.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:16 pm