Streetbeat News

Stock Prices

SSNC

Over the past decade, SS&C Techs Hldgs (NASDAQ:SSNC) has delivered an average annual return of 11.59%, outperforming the market. A $100 investment in SSNC 10 years ago would now be worth $301.38. The company currently has a market capitalization of $15.42 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 6:00 pm

TTD

Trade Desk (NASDAQ:TTD) has significantly outperformed the market with an average annual return of 30.09% over the past 5 years, turning a $100 investment into $376.12 today. The company's market capitalization stands at $37.48 billion.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 6:00 pm

ONLN

RTH

JD.com Inc (NASDAQ:JD) has decided not to proceed with the acquisition of British electrical retailer Currys, leading to a decline in its stock price. This decision follows a similar move by US investor Elliott Advisors and comes amid JD.com's exploration of expansion opportunities in the UK and Europe. Despite recent revenue growth, JD.com's stock slipped by 3.43% to $27.05. Investors can gain exposure to JD.com through VanEck Retail ETF (NASDAQ:RTH) and ProShares Online Retail ETF (NYSE:ONLN).

Portfolio Pulse from Anusuya Lahiri

March 15, 2024 | 5:53 pm

RMBL

Wedbush analyst Seth Basham maintained an Outperform rating on RumbleON Inc (NASDAQ:RMBL) but lowered the price target from $7.50 to $7, citing a challenging demand picture. RumbleON reported a 6.2% Y/Y decrease in Q4 revenue, missing estimates, and withdrew its 2024 outlook for a three-year improvement plan. The company aims for $1.7 billion revenue and $150 million EBITDA by 2026. Despite near-term challenges, long-term goals are deemed achievable with demand recovery and GPU headwind resolution. RMBL shares rose 10.20% to $5.51.

Portfolio Pulse from Shivani Kumaresan

March 15, 2024 | 5:49 pm

ABT

RBGLY

RBGPF

An Illinois jury has ordered Reckitt Benckiser's Mead Johnson to pay $60 million for a case involving its Enfamil baby formula and the death of a premature infant from NEC. This opens the door to hundreds of similar lawsuits against Mead Johnson and Abbott Laboratories. Over 400 NEC lawsuits are pending, separate from other legal issues Abbott faces. ABT shares fell 4.59% to $113.40.

Portfolio Pulse from Vandana Singh

March 15, 2024 | 5:48 pm

Deep-pocketed investors have shown a bearish sentiment towards Zillow Gr (NASDAQ:Z), with a significant move in options trading detected. Benzinga's options scanner revealed 37 extraordinary activities, with 70% being bearish. The options trading suggests a price window from $40.0 to $75.0 for Zillow Gr. The company's stock is currently down by -1.05%, with a trading volume of 13,421,355 and an RSI indicating potential oversold conditions. An analyst from Jefferies maintains a Buy rating with a target price of $75.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 5:46 pm

EHTH

HUIZ

MHLD

ROOT

In Friday's intraday session, the insurance industry saw significant movements with Huize Holding, Root, Oxbridge Re Holdings, Maiden Holdings, Marpai, and Tian Ruixiang Holdings experiencing gains, while eHealth, Fanhua, Palomar Holdings, Arch Capital Group, Investors Title, and Waterdrop faced declines. Notably, Maiden Holdings' Q4 earnings were released three days ago.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 5:40 pm

BANC

COF

COIN

FUTU

PGR

RILY

SCHW

Today's session highlighted significant options activity for 10 financial stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and can signal shifts in market sentiment. The stocks involved include COIN, PGR, BANC, COF, V, RILY, SCHW, SQ, MA, and FUTU, with various sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 5:35 pm

AMZN

CVNA

CZR

ETSY

GCT

PDD

ROST

TSLA

WYNN

Today's session highlighted significant options activity in the Consumer Discretionary sector, with notable trades on TSLA, AMZN, ROST, CVNA, CZR, GCT, ETSY, WYNN, PDD, and F. The activity ranged from bullish to bearish sentiments, involving both call and put options with various expiration dates and strike prices. This unusual options activity could indicate potential trading opportunities based on the sentiments and movements of large investors, known as 'whales'.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 5:35 pm

AAPL

FTNT

HPE

MARA

MSFT

NVDA

ORCL

QCOM

SMCI

Today's whale activity in the Information Technology sector shows significant options trading, with notable bullish and bearish sentiments across various stocks. NVDA, AAPL, MSFT, ORCL, MU, QCOM, HPE, MARA, SMCI, and FTNT are among the stocks with unusual options activity, indicating potential trading opportunities based on the sentiments expressed through these trades.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 5:35 pm