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USO

Brent crude oil prices have fallen below $74, marking the lowest level in 2024, due to reports of an imminent deal to restart Libyan oil flows. This development could impact oil-related assets, including ETFs like USO.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:07 pm

BA

CPER

X

Vice President Harris opposes the sale of US Steel to Nippon Steel, Wells Fargo downgrades Boeing, and copper prices fall.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:07 pm

LUMN

Traders are circulating unconfirmed research blog comments suggesting Lumen Technologies as a new short with a potential 40% downside.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:02 pm

MDB

MongoDB (NASDAQ:MDB) has significantly outperformed the market over the past 5 years, with an average annual return of 17.7%. A $1000 investment in MDB 5 years ago would now be worth $2,109.83, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 2:02 pm

HON

Honeywell Intl (NASDAQ:HON) has outperformed the market over the past 20 years with an average annual return of 9.33%. A $1000 investment in HON 20 years ago would be worth $5,976.65 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 2:01 pm

RIG

Transocean shares declined following the announcement of asset sale deals and an estimated non-cash charge of $630M-$645M for Q3.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:01 pm

FSLR

Recent options activity for First Solar (NASDAQ:FSLR) shows a bearish sentiment among large investors, with 63% of trades being bearish. The price target for FSLR is between $165 and $220. The stock is currently trading at $221.76, down 2.47%.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 2:01 pm

MELI

Recent options activity for MercadoLibre (NASDAQ:MELI) shows a mixed sentiment among investors, with a slight bearish tilt. Analysts maintain positive ratings with target prices ranging from $2100 to $2480. The stock is currently trading at $2030.71, down 1.5%.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 2:01 pm

CRWD

Unusual options activity has been observed for CrowdStrike Holdings (NASDAQ:CRWD), with a significant bearish sentiment among investors. This suggests potential upcoming volatility for the stock. The options activity includes 17 notable trades, with a focus on a price range between $200 and $420. The current trading volume is 549,123, with a slight price decrease of 0.26%.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 2:01 pm

TROX

Tronox Holdings (NYSE:TROX) has received mixed analyst ratings, with recent downgrades in price targets. The average 12-month price target is now $19.25, down from $20.67. Analysts from Goldman Sachs, Barclays, UBS, and Mizuho have adjusted their ratings and targets, reflecting a cautious outlook. Despite this, Tronox shows strong financial metrics, including a net margin of 1.95% and a ROE of 0.85%, though its revenue growth lags behind industry peers.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 2:00 pm