Streetbeat News

Stock Prices

TSLA

Despite missing Q1 analyst estimates, Tesla Inc (NASDAQ:TSLA) shares surged, attributed to sentiment change and Elon Musk's comments on AI and robotaxis. Jim Cramer believes TSLA could reach $175 today, despite a year-to-date decline of 36%.

Portfolio Pulse from Adam Eckert

April 24, 2024 | 5:36 pm

GEV

GOGL

HON

NKLA

TRU

UBER

UPS

VRT

Today's session highlighted significant options activity in the Industrials sector, with notable movements in stocks like VRT, BA, GOGL, UBER, NKLA, HON, GEV, UPS, TRU, and DE. The activity ranged from bullish to bearish sentiments, with various expiration dates and strike prices, indicating diverse trading strategies and expectations from large investors or 'whales'. This options activity could signal upcoming volatility or shifts in these stocks, providing traders with insights for potential trading opportunities.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 5:35 pm

AMZN

NCLH

TSLA

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating varied market sentiments. Notable trades included bearish put options for TSLA and bullish put options for NCLH, among others. The activity suggests investors are actively speculating on these stocks' future movements, with trades ranging from bearish to bullish and neutral positions across different expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 5:35 pm

AAPL

AMD

INTC

MSFT

NVDA

PLTR

RIOT

SMCI

TSM

TXN

Today's session highlighted significant whale activity in the options market for 10 Information Technology stocks, indicating bullish sentiment across most trades with notable volumes and trade prices. Key stocks include TSM, NVDA, AAPL, INTC, MSFT, SMCI, TXN, RIOT, PLTR, and AMD, with options expiring from April 2024 to January 2025. The activity suggests a strong market interest in these stocks, potentially impacting their short-term performance.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 5:35 pm

TSLA

Guggenheim analyst Ronald Jewsikow maintains a Sell rating on Tesla (TSLA) but raises the price target from $122 to $126.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 5:35 pm

GELYY

PSNY

Polestar Automotive Holding UK Limited (NASDAQ:PSNY) is expanding production outside China due to tariff concerns and geopolitical tensions. CEO Thomas Ingenlath plans to increase exports of the Polestar 3 from South Carolina to the EU. This move comes as Chinese EV companies face scrutiny in Europe and the U.S. over state subsidies. After a major ownership restructuring, with Geely Automobile Holding (OTC:GELYY) and a private firm now holding a 69% stake, Polestar aims for a global sales distribution targeting 155,000 to 165,000 cars by 2025. PSNY shares dropped 3.94% to $1.23.

Portfolio Pulse from Shivani Kumaresan

April 24, 2024 | 5:31 pm

ACNB

ACNB Corporation (NASDAQ:ACNB) announced an increase in its quarterly cash dividend from $0.30 to $0.32 per share, payable on June 14, 2024. This marks a 14.2% increase from the second quarter of 2023 and a 6.6% increase from the first quarter of 2024. The total dividend payments for the second quarter of 2024 will amount to approximately $2.72 million. This decision reflects the company's strong financial position and confidence in future growth, marking the second increase in less than a year and the fourth consecutive year of dividend growth.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 5:30 pm

Concord is reportedly planning to increase its bid for Hipgnosis to approximately $1.25 per share, aiming to surpass a competing offer from Blackstone (BX), according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 5:27 pm

MAT

Mattel, Inc. (NASDAQ:MAT) shares rose after reporting Q1 adjusted earnings per share that exceeded expectations, despite sales missing estimates. The company's North America segment saw a slight increase in gross billings, driven by growth in certain categories. Full-year earnings guidance was provided, aligning closely with analyst expectations. Analysts from DA Davidson and Roth MKM have updated their ratings and price targets for Mattel.

Portfolio Pulse from Erica Kollmann

April 24, 2024 | 5:26 pm

BHP

GLNCY

HZMMF

Indonesia, under its new president Prabowo Subianto, is expected to continue its dominant nickel production policies, impacting global nickel prices and competitors. The country's approach has led to a price slump, affecting financing and operations of nickel projects worldwide, including those by Horizonte Minerals Plc, BHP Group Ltd., and Glencore. Indonesia's strategy of adding value domestically and attracting investments for an electric vehicle battery supply chain is likely to keep global markets flooded with cheap nickel.

Portfolio Pulse from Matt Whittaker

April 24, 2024 | 5:25 pm