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AMZN

Cantor Fitzgerald analyst Deepak Mathivanan initiated coverage of Amazon with an Overweight rating and a $230 price target, citing strong positions in e-commerce and AWS. The analyst highlights Amazon's retail margin expansion and AWS's growth potential, particularly with AI integration, as key investment theses.

Portfolio Pulse from Chris Katje

September 05, 2024 | 3:51 pm

CHWY

Chewy (NYSE:CHWY) has seen significant options trading activity, with a mix of bullish and bearish sentiment among large investors. The trading suggests a price range of $17.5 to $55.0 for Chewy in the coming months. Analysts have mixed ratings on the stock, with a consensus target price of $27.2.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 3:48 pm

INTC

The options market shows a bullish sentiment towards Intel (NASDAQ:INTC), with 60% of recent trades being calls. Whales are targeting a price range of $15 to $30. Intel's stock is currently neutral with a slight decrease in price, and an earnings announcement is expected in 49 days. An analyst from Mizuho has downgraded Intel to Neutral with a price target of $22.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 3:48 pm

AG

First Majestic Silver Corp. shares declined following the announcement of its agreement to acquire Gatos Silver.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:47 pm

SPY

U.S. Treasury Secretary Janet Yellen stated that the U.S. is fostering an environment conducive to foreign direct investment. This could have implications for the broader U.S. market, potentially impacting ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:47 pm

AG

First Majestic Silver Corp. shares have resumed trading after a temporary halt. This development may impact the stock's short-term price movements.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:41 pm

BKSY

BlackSky Technology's shares fell following the announcement of a 1-for-8 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:41 pm

GATO

Gatos Silver shares have resumed trading after a halt. This development is significant for investors monitoring the company's stock movements.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:41 pm

PTHL

Pheton Holdings' IPO was priced at $4 per share, but the stock opened for trading at $3.76 per share, indicating a lower-than-expected market reception. The company issued 2.25 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:40 pm

INAB

IN8bio shares are declining as the company announces a focus on generating clinical data from its INB-100 trial for acute myeloid leukemia. To preserve cash, IN8bio is implementing cost-saving measures, including a 49% workforce reduction.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:37 pm