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Stock Prices

AFRM

Affirm shares are trading lower due to overall market weakness and uncertainty about interest rate cuts.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 7:00 pm

WIX

Wix.Com shares are trading lower due to concerns over Israel-Iran tensions, negatively impacting Israel-based stocks.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 6:55 pm

EZGO

JPM

MOTS

PXMD

JPMorgan Chase & Co. shares fell by 5.1% despite beating first-quarter earnings and revenue expectations, with other stocks experiencing significant movements in Friday's mid-day session. Notable gainers include PaxMedica, EZGO Technologies, and Allarity Therapeutics, among others, with various reasons for their stock movements. Conversely, several companies faced declines, such as Motus GI Holdings, Lixiang Education, and Monogram Orthopaedics, each with specific challenges impacting their stock prices.

Portfolio Pulse from Avi Kapoor

April 12, 2024 | 6:47 pm

SHEL

Financial analysts have observed a bullish trend in Shell's (NYSE:SHEL) options market, with a majority of trades indicating optimism about the stock's future price. Analysis of 13 unusual trades shows a split sentiment, but with a lean towards bullishness. The options market predicts Shell's price to range between $67.5 and $82.5 in the next three months. Current trading volume and open interest trends support this outlook. Shell's stock is slightly up, with an RSI suggesting it may be overbought. Analysts from Piper Sandler and Scotiabank have set price targets at $76 and $95, respectively, indicating a positive outlook.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 6:47 pm

IVV

SPY

VOO

Reddit users on r/wallstreetbets discuss the likelihood of a recession, focusing on the timing and causes, such as Federal Reserve rate cuts and high interest rates. Broad U.S. equity market ETFs like SPY, IVV, and VOO are highlighted as economic indicators. Opinions vary, with some predicting a recession due to current economic indicators and others optimistic about market resilience.

Portfolio Pulse from Surbhi Jain

April 12, 2024 | 6:37 pm

COTY

DEO

DG

HRL

TGT

Consumer staples stocks, including COTY, DEO, DG, HRL, and TGT, are trading lower due to overall market weakness following mixed inflation data, affecting stocks across sectors.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 6:36 pm

BTCUSD

Andrew Kang, Managing Partner at Mechanism Capital, predicts a bullish future for Bitcoin, forecasting it could reach $80,000 by May and potentially break the $100,000 threshold soon after. He attributes this potential growth to broad-based support from individuals and organizations worldwide, and anticipates that the marketing efforts for Bitcoin ETFs will help overcome supply challenges between $80,000 and $100,000. Kang suggests that breaking the $100,000 barrier could trigger a significant bull run due to a scarcity of supply against ongoing demand.

Portfolio Pulse from Murtuza Merchant

April 12, 2024 | 6:33 pm

GS

Deep-pocketed investors have shown a bearish sentiment towards Goldman Sachs Gr (NYSE:GS), with unusual options activity detected. Benzinga's tracking revealed 27 significant options trades, with a bearish majority. The trades suggest a targeted price range for GS between $320.0 and $480.0. Recent analyst ratings offer mixed views, with a consensus target price of $431.0. GS's current trading volume is 1,600,689, with a price drop of -2.11%, and an earnings announcement expected in 3 days.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 6:31 pm

APH

Amphenol (NYSE:APH) has significantly outperformed the market with an average annual return of 19.79% over the past 15 years, turning a $100 investment into $1,488.85 today. The company's market capitalization stands at $68.29 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 6:30 pm

NVR

Over the past 20 years, NVR (NYSE:NVR) has produced an average annual return of 15.4%, outperforming the market by 7.52% on an annualized basis. A $1000 investment in NVR stock 20 years ago would be worth $17,473.52 today. NVR's market capitalization currently stands at $24.81 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 6:30 pm