Streetbeat News

Stock Prices

WSO

Watsco (NYSE:WSO) has significantly outperformed the market over the past 20 years, delivering an average annual return of 15.34%. A $100 investment in WSO 20 years ago would be worth $1,718.99 today. The company currently has a market capitalization of $18.59 billion.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 5:30 pm

EBAY

eBay shares are trading higher after Truist Securities raised its price target on the stock from $50 to $58.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:27 pm

CMI

Cummins shares are trading higher after Barclays raised its price target on the stock from $259 to $310.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:27 pm

LUV

Southwest Airlines shares are trading higher after activist investor Elliot Investment Management disclosed a 7% stake in the company.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:26 pm

MSFT

A leak from Microsoft's Activision has revealed a potential new Warzone map, Avalon, for Call of Duty: Black Ops 6, sparking controversy among fans due to its water-heavy design. The leak also included new gameplay features, generating significant discussion. More details are expected in August, with early access and beta periods scheduled before the official launch on October 25, 2024.

Portfolio Pulse from Franca Quarneti

August 06, 2024 | 5:25 pm

ZI

ZoomInfo Technologies Inc. (NASDAQ:ZI) shares are falling after the company reported worse-than-expected Q2 financial results and announced a management transition. The company missed analysts' estimates and provided lower-than-expected guidance for Q3. Several analysts have slashed their price targets for ZoomInfo, contributing to the stock trading at new 52-week lows.

Portfolio Pulse from Erica Kollmann

August 06, 2024 | 5:21 pm

MRVL

Marvell Technology shares are trading higher after the company announced that Microsoft will integrate Marvell's FIPS 130-3 Level-3 standard to enhance its security.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:19 pm

BLDR

Builders FirstSource (NYSE: BLDR) reported Q2 adjusted EPS of $3.50, beating estimates, but missed on sales with $4.456 billion. The company announced a $1 billion stock buyback plan and achieved $37 million in productivity savings. Despite a 1.6% decrease in net sales and a 12.9% drop in adjusted EBITDA, shares are trading higher by 5.61%.

Portfolio Pulse from Nabaparna Bhattacharya

August 06, 2024 | 5:18 pm

WFC

Deep-pocketed investors have shown unusual options activity in Wells Fargo (NYSE:WFC), with a significant number of both bullish and bearish trades. The trading activity suggests a price range of $40.0 to $60.0 for WFC over the next three months. Analysts have mixed ratings, with price targets ranging from $59 to $68.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 5:16 pm

CLSK

Deep-pocketed investors are showing a bullish trend towards Cleanspark (NASDAQ:CLSK) with significant options activity. Benzinga's options scanner highlighted 14 extraordinary options activities, with 64% of the sentiment being bullish. The stock is currently trading at $12.28, up by 0.74%, and has an anticipated earnings release in 2 days.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 5:16 pm