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Stock Prices

VLO

Deep-pocketed investors have shown a bearish sentiment towards Valero Energy (NYSE:VLO), with a significant move in options trading detected by Benzinga. The trading activity includes 13 extraordinary options activities, with a bearish majority of 84% and bullish minority of 15%. The focus is on a price band between $120.0 and $185.0. Valero Energy, a major independent refiner, is currently trading up by 1.34% at $172.98, potentially overbought. Analysts have mixed ratings, with an average target price of $178.2.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:00 pm

MPC

High-rolling investors have shown a bullish sentiment on Marathon Petroleum (NYSE:MPC), with options trading data revealing a significant interest in the stock. Benzinga's tracking highlighted 9 notable options trades, with a majority being bullish. The trading range for MPC's options is between $65.0 to $200.0. Currently, MPC's stock is slightly up by 0.19% at $201.89, with some analysts suggesting it may be overbought. Analyst ratings vary, with target prices ranging from $186 to $230.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:00 pm

SNPS

Over the past 20 years, Synopsys (NASDAQ:SNPS) has delivered an average annual return of 16.02%, outperforming the market by 8.13% annually. A $100 investment in SNPS 20 years ago would now be worth $1,933.71. Synopsys currently has a market capitalization of $87.67 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:00 pm

SCHW

Over the past 20 years, Charles Schwab (NYSE:SCHW) has produced an average annual return of 9.77%, outperforming the market. A $100 investment in SCHW 20 years ago would now be worth $641.49. The company's current market capitalization stands at $131.92 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:00 pm

TSM

Taiwan Semiconductor Manufacturing Company (TSMC) shares are experiencing an uptick due to a general increase in the performance of chip and memory stocks.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 7:58 pm

BTCUSD

'Pharma Bro' Martin Shkreli predicts a 75% chance that Bitcoin (BTC) will reach $1 million by the end of 2024. Despite skepticism and without providing a detailed thesis, Shkreli stands by his prediction, dismissing it as not an April Fool's joke. This prediction surpasses other bullish forecasts, including hedge fund manager Mark Yusko's $150,000 target and Ark Invest CEO Cathie Wood's long-term $3.8 million projection. Bitcoin continues to show strength, marking its seventh consecutive monthly gain.

Portfolio Pulse from Ivan Crnogatić

April 01, 2024 | 7:55 pm

DJT

USO

Stock indexes fell as Treasury yields rose, impacting investor sentiment. Trump Media & Technology Group reported a loss, affecting its stock. Meanwhile, oil prices increased following a strike on an Iranian consulate, influencing the United States Oil Fund (USO).

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 7:55 pm

AMGN

GOOG

META

MSFT

SBUX

VZ

WMT

Reddit's r/stocks forum users identified undervalued stocks for 2024, with top picks including Meta Platforms Inc (META), Alphabet Inc (GOOG, GOOGL), Starbucks Corp (SBUX), Verizon Communications Inc (VZ), Microsoft Corp (MSFT), Walmart Inc (WMT), and Amgen Inc (AMGN). These companies were highlighted for their growth prospects, innovative approaches, and strong fundamentals despite some facing skepticism.

Portfolio Pulse from Surbhi Jain

April 01, 2024 | 7:53 pm

HOOD

Robinhood Markets shares are trading lower, indicating a pullback after the stock experienced gains in the previous week.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 7:48 pm

IDAI

T Stamp (NASDAQ:IDAI) reported Q4 earnings with a loss of $(0.36) per share, missing the $(0.29) estimate, but sales of $575.03K exceeded the $540.00K estimate. This represents a 55% decrease in losses and a 13.36% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 7:48 pm