Streetbeat News

Stock Prices

VKTX

Viking Therapeutics (NASDAQ: VKTX) has seen a surge in options activity, with significant trades indicating a mix of bullish and bearish sentiment. The price range targeted by these trades is between $49.0 and $130.0. The stock is currently trading at $51.8, up 2.64%, with a neutral RSI. Analysts have mixed ratings with a consensus target price of $105.0.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:49 pm

BTCUSD

DOGEUSD

ETHUSD

The global cryptocurrency markets are trading lower due to Mt Gox repayments, Germany transferring Bitcoin, and a spike in short liquidations. Bitcoin, Ethereum, and Dogecoin are among the cryptocurrencies experiencing declines. Notable statistics include a surge in large Bitcoin transactions and exchange netflows, and significant short liquidations. Key developments include Mt. Gox beginning repayments and Justin Sun offering to buy Bitcoin off-market from the German government.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 8:43 pm

DXCM

DexCom (NASDAQ:DXCM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 25.21%. A $1000 investment in DXCM 5 years ago would now be worth $3,122.92. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:30 pm

MOD

Modine Manufacturing (NYSE:MOD) has significantly outperformed the market over the past decade, delivering an average annual return of 21.38%. A $1000 investment in MOD 10 years ago would now be worth $6,858.79. The company's current market capitalization is $5.60 billion.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:30 pm

CARA

CRON

EAST

GRWG

The cannabis sector experienced significant volatility on July 5, 2024, with notable gainers and losers. Key gainers included Cara Therapeutics (NASDAQ:CARA) and Eastside Distilling (NASDAQ:EAST), while major losers included Cronos Group (NASDAQ:CRON) and GrowGeneration (NASDAQ:GRWG).

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:30 pm

PAC

Grupo Aeroportuario del Pacífico (NYSE:PAC) reported a 1.9% decrease in passenger traffic for June 2024 compared to June 2023. While Puerto Vallarta and Guadalajara airports saw slight increases, Tijuana and Los Cabos experienced declines.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:25 pm

TASK

TaskUs has filed for a mixed shelf offering of up to $500 million and selling stockholders are offering up to 70 million shares of Class A common stock, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:18 pm

AAPL

AMZN

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

U.S. stocks reached record highs as investors anticipate interest rate cuts due to cooling economic indicators. The labor market showed mixed signals, and the ISM Services PMI contracted. Tech and consumer discretionary stocks led gains, with Tesla having its best week since January 2023. Tesla's energy division received analyst praise, while concerns about an AI bubble and Bitcoin's bear market were highlighted.

Portfolio Pulse from Piero Cingari

July 05, 2024 | 8:17 pm

KLAC

Deep-pocketed investors are showing a bullish sentiment towards KLA (NASDAQ:KLAC) with significant options activity. Benzinga's options scanner highlighted 9 extraordinary options activities, with 55% of the sentiment being bullish. The projected price targets for KLAC range from $710 to $980. Analysts have given positive ratings with target prices averaging $912.5.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:17 pm

CLDI

Calidi Biotherapeutics, Inc. (CLDI) will implement a 1-for-10 reverse stock split on July 15. This corporate action is aimed at increasing the stock price by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:15 pm