Streetbeat News

Stock Prices

SQ

Deep-pocketed investors have shown a bullish sentiment towards Block (NYSE:SQ), with Benzinga's options scanner revealing 17 significant options activities. The activities include both calls and puts, with a price target range from $47.5 to $125.0. Block's current trading volume is 2,613,991, with a slight price decrease of -0.79%, and an RSI indicating a neutral position. Analysts have given Block an average target price of $97.2, with ratings ranging from Buy to Outperform.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 4:16 pm

VRT

Investors have shown a bearish stance on Vertiv Hldgs (NYSE:VRT), with options trading indicating a sentiment split of 0% bullish and 62% bearish. Significant trading activity includes 1 put and 7 calls, aiming for a price range of $77.5 to $125. Vertiv's current trading volume is 2,354,156, with a price decrease of -1.6%, and an RSI suggesting it may be approaching overbought. Analysts have issued ratings with a consensus target price of $100.4, varying from Neutral to Buy.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 4:16 pm

ETN

Eaton Corp (NYSE:ETN) has seen a significant surge in options activity, with an unusual split of 50% bullish and 50% bearish sentiment among big-money traders. The options trades, totaling 10, are divided into 7 puts and 3 calls, with a notable price window targeted from $270.0 to $330.0. This activity could indicate insider knowledge of upcoming developments. Eaton Corp, a diversified power management company, has its stock currently up by 1.08% at $330.79. Analysts have mixed views, with price targets ranging from $280 to $355. The company is expected to announce earnings in 84 days.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 4:15 pm

RBT

Rubicon announced the sale of its fleet technology business unit and issued convertible preferred stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:11 pm

FTNT

On CNBC, Stephanie Link announced she has increased her investment in Fortinet (FTNT), signaling her bullish stance on the company.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:06 pm

ALLR

Allarity Therapeutics' stock price is trading lower following the announcement that all Series A Preferred shares and all variable priced warrants have been converted to common stock.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:06 pm

CRWD

Bill Baruch announced live on CNBC that he has purchased shares of CrowdStrike (CRWD).

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:06 pm

HAS

MAT

On CNBC, Mattel's CEO Ynon Kreiz discussed the toy industry, revealing that Q1 net sales decreased by 1% while maintaining a strong gross margin. Meanwhile, Hasbro presented a compelling turnaround story in Q1, despite facing demand struggles.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:01 pm

ANF

Over the past 10 years, Abercrombie & Fitch (NYSE:ANF) has produced an average annual return of 12.94%, outperforming the market by 2.39% on an annualized basis. With a current market capitalization of $6.64 billion, a $1000 investment in ANF 10 years ago would be worth $3,404.64 today.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 4:01 pm

AGRI

GLDD

GSUN

JELD

NUWE

STIM

UBS

UBS Group AG (NYSE:UBS) shares surged 7% after reporting strong Q1 earnings, surpassing estimates with GAAP earnings of 52 cents per share and sales of $12.739 billion. U.S. stocks, including the Dow Jones, NASDAQ, and S&P 500, traded higher. Real estate and technology sectors showed mixed performance. Other notable movements included Nuwellis, Inc. (NASDAQ:NUWE), Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), and Golden Sun Health Technology Group Limited (NASDAQ:GSUN) posting significant gains, while AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI), JELD-WEN Holding, Inc. (NYSE:JELD), and Neuronetics, Inc. (NASDAQ:STIM) experienced declines.

Portfolio Pulse from Avi Kapoor

May 07, 2024 | 4:01 pm