Streetbeat News

Stock Prices

MFG

MUFG

SMFG

US-listed Japanese banks, including MFG, MUFG, and SMFG, are experiencing a decline in their stock prices following a decrease in Japan's factory output for February.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:45 pm

RTX

Market whales have shown a bearish stance on RTX (NYSE:RTX) through recent options trades, with a sentiment split of 33% bullish and 66% bearish. The largest trades indicate a price window of $90.0 to $110.0 for RTX. Analysts have a consensus target price of $118.33 for RTX, with recent upgrades and outperform ratings. RTX's current market position shows a slight price increase to $97.8, with an overbought RSI indicator and an upcoming earnings announcement.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 4:45 pm

OXY

Deep-pocketed investors have shown a bearish sentiment towards Occidental Petroleum (NYSE:OXY), as revealed by Benzinga's options scanner. The scanner detected 19 unusual options activities, with a divided sentiment among investors: 47% bullish and 52% bearish. The options trading focused on a price range between $52.5 and $75.0. Notable options activity included both calls and puts, with significant trades highlighted. Occidental Petroleum, an independent exploration and production company, reported net proved reserves of nearly 4 billion barrels of oil equivalent and an average production of 1,234 thousand barrels per day in 2023. The stock's current trading volume is 3,089,627, with a slight increase of 0.4% in price, standing at $65.25. Analysts from Mizuho and Morgan Stanley have provided ratings with an average price target of $70.5.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 4:45 pm

DJT

Trump Media shares are trading lower following the company's announcement that it anticipates ongoing operating losses and negative cash flows from operating activities for the foreseeable future.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:43 pm

BTCUSD

Investor Sunny Po maxed out eight credit cards to buy Bitcoin, revealing a 10.93% increase in unrealized profits after four months. Despite the high risk and substantial debt, Po aims to accumulate as much Bitcoin as possible, rather than profiting in dollars. The crypto community's reaction is mixed, with concerns about the sustainability of this strategy and potential banking issues.

Portfolio Pulse from Ivan Crnogatić

April 01, 2024 | 4:39 pm

WSC

WillScot's stock (WSC) trades lower following a downgrade by Jefferies from Buy to Hold, with a reduced price target from $58 to $42.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:37 pm

DJT

Trump Media Technology Group (TMTG), trading under the ticker DJT on Nasdaq, reported a significant net loss of $58 million in 2023, a stark contrast to its net profit of $50.5 million in 2022. The company, which owns the Truth Social app, saw its shares fall by over 20% following the announcement. Despite the loss, TMTG's market capitalization remained above $6.8 billion. The company warned of ongoing operating losses and disclosed material weaknesses in its financial reporting. Trump owns 57.3% of TMTG shares, with the potential to receive more based on stock performance.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:36 pm

IMNN

Imunon shares are trading higher following an upgrade by Hc Wainwright & Co, which maintained a Buy rating and increased the price target from $12 to $13.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:36 pm

IDCC

InterDigital's stock trades lower following a downgrade by B of A Securities from Buy to Underperform, with a price target reduction from $140 to $100.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:35 pm

INLX

Intellinetics shares are trading lower following the announcement of worse-than-expected Q4 GAAP EPS results.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:34 pm