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Stock Prices

V

Recent options trading activity indicates a bullish sentiment among wealthy investors towards Visa (NYSE:V), with a significant number of uncommon trades detected. Analysts maintain positive ratings with high price targets, suggesting potential upward movement.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 4:16 pm

AIRI

CYTH

OBLG

PTON

REVB

RZLV

U.S. stocks fell as initial jobless claims rose slightly more than expected. Peloton, Rezolve AI, and Air Industries saw significant stock gains due to positive news, while Revelation Biosciences, Cyclo Therapeutics, and Oblong experienced sharp declines.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 4:16 pm

CVX

DRLL

WDS

XLE

Chevron shares are trading higher after being granted a greenhouse gas assessment permit offshore Western Australia. The permit involves a joint venture with Woodside Energy and a pending stake transfer to GS Caltex. This complements Chevron's existing CCS projects and could expand its portfolio in Australia.

Portfolio Pulse from Lekha Gupta

August 22, 2024 | 4:14 pm

YHGJ

Yunhong Green shares are declining following a Nasdaq Non-Compliance notice due to the late filing of its Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 4:12 pm

ALVO

Alvotech shares declined following the announcement of a share offering by a selling shareholder, involving up to 1,789,087 shares.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 4:07 pm

EBAY

LKQ

PDD

RERE

The second-hand and refurbished goods market is gaining traction as consumers seek affordable and sustainable options amid economic challenges. Key players like eBay, ATRenew, LKQ Corp, and PDD Holdings are benefiting from this trend, with eBay and ATRenew showing strong financial performance in Q2 2024. LKQ Corp faces challenges despite growth, while PDD Holdings is set to report its results soon.

Portfolio Pulse from Priya Nigam

August 22, 2024 | 4:07 pm

GDC

GD Culture Group's shares have resumed trading, which could lead to increased volatility and investor interest in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 4:06 pm

FFIE

Faraday Future Intelligent Electric Inc (FFIE) shares have resumed trading after a temporary halt. This development is significant for investors monitoring the company's stock movements.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 4:05 pm

SNOW

Snowflake Inc (NYSE:SNOW) shares fell after reporting weaker-than-expected quarterly sales. Analysts from JPMorgan, Needham, and Goldman Sachs provided mixed reviews, with some lowering price targets but maintaining positive ratings. Despite solid bookings and revenue growth, investors were disappointed by the guidance and expected stronger performance.

Portfolio Pulse from Priya Nigam

August 22, 2024 | 4:05 pm

ROCK

Gibraltar Industries (NASDAQ:ROCK) has outperformed the market over the past 10 years, achieving an average annual return of 15.27%. A $100 investment in ROCK 10 years ago would now be worth $415.63, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 4:01 pm