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Stock Prices

SHW

Sherwin-Williams shares are trading lower due to weakness in housing-related stocks following the release of March inflation data.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:40 pm

GCTS

Shares of GCT Semiconductor Holding were halted due to a circuit breaker triggered by a significant upside movement, with the stock currently up by 12.4%.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:37 pm

AAPL

GLD

SPY

USO

New data indicates higher-than-expected inflation, suggesting a potential pullback in the stock market, though the bull market remains intact. The Arora Report plans to buy on the pullback, advising investors to increase cash holdings and adjust hedges. Early trade shows negative money flows in major tech stocks and ETFs, with the momo crowd buying stocks and gold, while smart money sells. Oil sees a build in inventories, and Bitcoin drops on the inflation news, challenging its status as an inflation hedge.

Portfolio Pulse from The Arora Report

April 10, 2024 | 3:36 pm

Z

ZG

Zillow shares are trading lower due to overall market weakness after the release of hotter-than-expected March inflation data, leading to uncertainty about rate cuts.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:34 pm

XOM

Exxon Mobil (NYSE:XOM) has seen a notable bearish sentiment in options trading, with 62% of trades showing bearish tendencies. Significant options trades have targeted a price range of $100.0 to $150.0. The company's current market position shows a slight increase in stock price to $121.24, with potential overbought indicators. Analyst ratings are generally positive, with a consensus target price of $137.2. The company's production and refining capacities underline its status as a major player in the oil and gas industry.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 3:31 pm

VRT

Recent options trading trends for Vertiv Holdings (VRT) show a bearish stance by significant investors, with 65% of detected trades being bearish. The trading activity suggests a target price range of $55 to $100 for VRT in the next three months. Notable options activity includes both bullish and bearish sentiments, with significant trades highlighted. Vertiv Holdings, a company offering solutions for data centers and communication networks, is currently trading at $80.02, down 2.18%, with an anticipated earnings release in 14 days. Analyst ratings in the last month have an average target price of $91.6 for VRT.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 3:30 pm

SPSC

SPS Commerce (NASDAQ:SPSC) has significantly outperformed the market with an average annual return of 24.03% over the past 15 years, turning a $100 investment into $2,528.24 today. The company now has a market capitalization of $6.38 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 3:30 pm

HLT

Hilton Worldwide Holdings (NYSE:HLT) has delivered an average annual return of 18.89% over the past 5 years, outperforming the market by 6.78%. A $100 investment in HLT 5 years ago would be worth $237.50 today. Hilton's market capitalization stands at $52.16 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 3:30 pm

F

Ford shares are trading lower due to overall market weakness following the release of March inflation data. Additionally, Ford announced a recall of 42,652 vehicles, which may also be contributing to the stock's decline.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:29 pm

PSA

Public Storage's stock trades lower following the pricing of its public offering of senior notes and an increase in Treasury yields due to higher-than-expected March inflation data.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:28 pm