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AAPL

DIS

NFLX

Apple Inc. (NASDAQ:AAPL) is reportedly planning to launch an ad-supported plan for its AppleTV+ streaming service, following the success of similar plans by Netflix Inc. (NASDAQ:NFLX) and Walt Disney Company (NYSE:DIS). This move aims to increase subscribers and revenue for AppleTV+, which has already invested heavily in exclusive content and sports rights.

Portfolio Pulse from Chris Katje

July 29, 2024 | 2:37 pm

VRDN

Viridian Therapeutics shares are trading higher after Wedbush maintained an Outperform rating on the stock and reiterated its price target of $42.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:34 pm

ABEV

BUD

SAM

TAP

Shares of beer companies are trading lower following weak earnings from Heineken.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:32 pm

TRV

Travelers Companies (NYSE:TRV) has outperformed the market over the past 20 years with an average annual return of 9.52%, surpassing the market by 1.11% annually. A $1000 investment in TRV 20 years ago would be worth $5,867.19 today.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:31 pm

MCK

McKesson (NYSE:MCK) has significantly outperformed the market over the past 20 years, delivering an average annual return of 16.05%. A $100 investment in McKesson 20 years ago would be worth $1,915.54 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:31 pm

SPY

The Dallas Fed Manufacturing Business Index for July dropped to -17.5 from -15.1 in the previous month, indicating a further contraction in manufacturing activity.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:31 pm

TOL

Whales have taken a bearish stance on Toll Brothers (NYSE:TOL), with 40% of recent options trades being bearish. The major market movers are focusing on a price band between $85.0 and $150.0. Analysts have mixed ratings, with price targets ranging from $116 to $180.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:30 pm

IREN

High-rolling investors have shown a bearish sentiment on Iris Energy (NASDAQ:IREN) through significant options trading. The sentiment is split with 37% bullish and 50% bearish. The trading activity suggests a price target range of $9.0 to $17.5. Analysts have mixed ratings with a consensus target price of $19.2.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:30 pm

ARLP

Alliance Resource shares are trading lower after the company reported worse-than-expected Q2 financial results and lowered its FY24 revenue guidance for its coal operations.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:29 pm

SNDX

Syndax Pharmaceuticals shares are trading lower after the FDA extended the review period for the company's leukemia drug Revumenib.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:28 pm