Streetbeat News

Stock Prices

USB

Market whales have shown a bullish stance on U.S. Bancorp (NYSE:USB) through recent options trades, with a sentiment split of 53% bullish and 46% bearish. Notable options activity includes both calls and puts, targeting a price range of $35.0 to $50.0 for USB over the last 3 months. U.S. Bancorp, a major regional bank, has seen its stock price increase by 1.48% to $40.02, with an RSI indicating it may be approaching oversold. Analysts have issued ratings with a consensus target price of $49.6, varying from Neutral to Buy.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:02 pm

CMG

Deep-pocketed investors have shown a bearish sentiment towards Chipotle Mexican Grill (CMG), with a significant move in options trading detected. Benzinga's tracking revealed 62 extraordinary options activities, with a bearish majority. The targeted price range for CMG is between $1845.0 and $3700.0. Recent trades include both bullish and bearish sentiments, with notable trades listed. CMG is the largest fast-casual chain in the U.S., with sales of $9.9 billion in 2023. Its stock is currently down by -1.99%, with an RSI indicating a neutral position. Analysts have set an average price target of $3128.8 for CMG.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:02 pm

PUBM

Analysts have mixed views on PubMatic (NASDAQ:PUBM), with recent ratings showing a shift towards a more bullish outlook. The average 12-month price target has been raised to $26.2, indicating a significant increase from the previous target of $19.33. This change reflects analysts' positive reassessment of PubMatic's market position and financial performance, including a notable revenue growth rate of 13.87% and a high net margin of 22.11%. The company's strong financial health is further supported by its impressive ROE and ROA, along with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:02 pm

FILUSD

Cryptocurrency Filecoin (FIL) saw a price increase of 4.11% over the past 24 hours to $6.19, despite a weekly trend of a 2.0% loss from $6.37. The coin's all-time high is $236.84. Trading volume decreased by 34.0% over the past week, while the circulating supply increased by 2.18% to over 539.96 million, representing 27.54% of its max supply of 1.96 billion. Filecoin's market cap is currently ranked #32 at $3.34 billion.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:01 pm

GILD

In the last three months, 12 analysts have provided diverse ratings on Gilead Sciences (NASDAQ:GILD), with a recent average price target of $84.42, marking a 5.15% decrease from the previous $89.00. The ratings range from bullish to bearish, reflecting varied perspectives on the company's performance. Gilead Sciences, known for its life-threatening infectious disease therapies, faces financial challenges with a -3.72% revenue decline and below-average profitability metrics. Analysts' adjustments in ratings and price targets highlight the evolving market sentiment towards Gilead's stock.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:00 pm

UNIUSD

Uniswap's (CRYPTO: UNI) price has seen a 5.25% increase over the past 24 hours, reaching $7.55, despite a week of no overall gain. The coin's trading volume has decreased by 53% over the past week, while the circulating supply has increased by 1.78%, now making up 75.38% of its max supply. Currently, UNI's market cap ranks it #23 at $5.69 billion.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:00 pm

SPCE

Virgin Galactic Holdings, Inc. (NYSE:SPCE) is experiencing a significant drop in stock price, reaching all-time lows after announcing a potential reverse stock split ranging from 1-for-2 to 1-for-20. The decision will be voted on during the 2024 annual meeting. The stock has fallen nearly 40% over the past month, with 25.52% of its shares being sold short. Analysts have set an average 12-month price target of $1.5 for SPCE, with a high of $2 and a low of $1, indicating a mixed outlook.

Portfolio Pulse from Erica Kollmann

April 19, 2024 | 6:59 pm

ASML

SMCI

TSM

Super Micro Computer, Inc. (NASDAQ:SMCI) stock fell after announcing its Q3 earnings release date without preliminary estimates, raising concerns of poor financial results. The tech sector's weakness, highlighted by ASML's disappointing earnings and TSM's lowered outlook, also pressured semiconductor stocks. SMCI is expected to report earnings of $5.84 per share and revenue of $4.012 billion. Despite the drop, SMCI has an average 1-year price target of $991.93, indicating a potential upside.

Portfolio Pulse from Erica Kollmann

April 19, 2024 | 6:48 pm

BTCUSD

Cryptocurrency analyst Rekt Capital warns of a potential 20% price crash for Bitcoin (BTC) due to the upcoming halving event, citing historical patterns of volatility and retracement in the 'danger zone.' Despite the potential downturn, Rekt Capital sees this as a buying opportunity, suggesting that extreme fear often precedes financial opportunity. The Bitcoin halving is expected to significantly impact the market, with the Future of Digital Assets event on Nov. 19 providing further insights.

Portfolio Pulse from Murtuza Merchant

April 19, 2024 | 6:42 pm

DIA

NFLX

PARA

QQQ

SMCI

SMH

SPY

U.S. stocks are on track for another week of losses, with the Nasdaq 100 facing its worst week since late 2022 and the S&P 500 nearing a 6-day slide. Semiconductor stocks, tracked by the VanEck Semiconductor ETF, are significantly down. Geopolitical tensions and interest rate concerns are affecting investor sentiment. Gold prices surged, while Bitcoin saw a modest increase. Major ETFs like SPY, DIA, and QQQ showed mixed performance. Companies like Paramount Global, Super Micro Computer, and Netflix experienced notable stock movements due to various factors.

Portfolio Pulse from Piero Cingari

April 19, 2024 | 6:37 pm