Streetbeat News

Stock Prices

V

Investors with significant capital have taken a bullish stance on Visa (NYSE:V), as evidenced by recent options trades tracked by Benzinga. The sentiment is 75% bullish and 25% bearish, with a price target range of $230 to $290. Visa's stock is currently neutral according to RSI indicators, and analysts have issued positive ratings with target prices ranging from $290 to $319.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 4:45 pm

TSLA

Elon Musk announced on X that Tesla's Full Self-Driving (FSD) version 12.5.1 is starting its wide release today. Tesla owners are advised to connect their vehicles to WiFi to receive the update.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 4:45 pm

CARR

Carrier Global Corp (NYSE:CARR) saw its shares rise after exceeding Q2 earnings expectations. Despite weaker Viessmann results, the company plans a $1 billion share repurchase in late 2024. Analyst Andrew Obin upgraded CARR from Underperform to Neutral and raised the price target from $55 to $72.

Portfolio Pulse from Priya Nigam

July 29, 2024 | 4:42 pm

MMM

3M's new CEO Bill Brown has sparked confidence in the company's turnaround, but significant challenges remain, including multi-billion dollar PFAS liabilities. RBC Capital Markets analyst Deane Dray reiterated an Underperform rating on 3M, raising the price target to $95. Other analysts from BofA Securities and Barclays have maintained Buy and Overweight ratings, respectively, with higher price targets. Despite positive momentum, 3M's operational shakeup could be disruptive.

Portfolio Pulse from Shivani Kumaresan

July 29, 2024 | 4:41 pm

IBIT

MARA

Bill Baruch announced on CNBC that he has bought shares of Marathon Digital and iShares Bitcoin Trust.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 4:41 pm

SCHW

Charles Schwab's stock dropped after analysts downgraded their forecasts following the company's Q2 results. The shift to a less capital-intensive model adds near-term uncertainty, and the company has not provided details on the timing or financial impact of its plans. Piper Sandler downgraded the stock from Overweight to Neutral and reduced the price target from $80 to $64.

Portfolio Pulse from Priya Nigam

July 29, 2024 | 4:40 pm

BTCUSD

ETHUSD

Bitcoin's potential to break past $70,000 is influenced by macroeconomic factors such as U.S. interest rate policies, inflation, and political support. Key events like the FOMC meeting on July 31 and the CPI report on August 14 will be critical. Bitcoin's market dominance has increased, partly due to a shift from Ethereum, and political support could further boost its price.

Portfolio Pulse from Khyathi Dalal

July 29, 2024 | 4:39 pm

GOOG

GOOGL

MSFT

Alphabet's Q2 earnings surpassed estimates due to strong Search ads and cloud growth, but YouTube ad revenue fell short. Rising AI investments are squeezing margins. Microsoft-backed OpenAI's new search engine could challenge Google's dominance, causing Alphabet shares to drop over 3%.

Portfolio Pulse from Upwallstreet

July 29, 2024 | 4:34 pm

ESI

Element Solutions (NYSE:ESI) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.53%. A $1000 investment in ESI 5 years ago would be worth approximately $2,900 today. The company's current market capitalization is $6.78 billion.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 4:32 pm

CBRE

CBRE Group (NYSE:CBRE) has outperformed the market over the past 5 years with an average annual return of 15.84%, resulting in a $1000 investment growing to $2,047.71. The company currently has a market capitalization of $33.88 billion.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 4:32 pm