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PARA

PARAA

Edgar Bronfman Jr. and his investor group, including Fortress, BC Partners, and Jeff Ubben, have submitted a $4.3 billion bid for a stake in National Amusements Inc. and Paramount. The plan includes collapsing Paramount's dual-class stock structure two years post-deal and achieving $3 billion in cost savings.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 2:52 pm

PYPL

PayPal shares are experiencing an uptick following JP Morgan's decision to maintain an Overweight rating and increase the price target from $77 to $80.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 2:52 pm

MDT

Medtronic shares rise as the company reports better-than-expected Q1 financial results and raises its FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 2:51 pm

DPRO

Draganfly Inc. (NASDAQ:DPRO) shares fell by 9.9% to $0.13 after announcing a $2 million direct offering of 16.6 million units at $0.12 per share. Each unit includes one common share and a warrant to purchase an additional share at $0.15. The offering aims to fund corporate purposes and is expected to close by August 21.

Portfolio Pulse from Henry Khederian

August 20, 2024 | 2:50 pm

EL

Estee Lauder shares are experiencing a decline as several firms have reduced their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 2:50 pm

VKTX

Recent options trading trends indicate a bearish sentiment among investors towards Viking Therapeutics (NASDAQ:VKTX). Benzinga's options scanner detected 17 significant options activities, with 52% of investors leaning bearish. The stock is currently down by 5.93%, trading at $62.68. Analysts have mixed ratings, with target prices ranging from $90 to $118.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 2:46 pm

ARM

Investors are showing significant interest in ARM Holdings (NASDAQ:ARM) through options trading, with a mix of bullish and bearish sentiments. The options activity suggests a price range of $60 to $270, with a notable volume of call options. Analysts have mixed ratings, with price targets ranging from $125 to $173.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 2:45 pm

GS

The article highlights a surge in options activity for Goldman Sachs Group (NYSE:GS), with a mix of bullish and bearish trades. Notably, big players are targeting a price range of $500 to $510. Recent analyst ratings show mixed opinions, with a consensus target price of $530.5.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 2:45 pm

AMD

NVDA

QQQ

VOO

AMD has reduced prices for its Ryzen desktop processors due to lackluster reviews, impacting margins. However, AMD's acquisition of ZT Systems for $4.9 billion could drive future stock value. Despite a semiconductor selloff, AMD stock is up 49% over the past year.

Portfolio Pulse from Anusuya Lahiri

August 20, 2024 | 2:42 pm

WKHS

Workhorse Group, Inc. (NASDAQ:WKHS) reported disappointing Q2 results with a larger-than-expected loss per share and significantly lower sales than anticipated. The company's shares fell by 28.4% following the announcement. Despite the setbacks, Workhorse is focusing on expanding its product line and has received new orders and contracts.

Portfolio Pulse from Nabaparna Bhattacharya

August 20, 2024 | 2:38 pm