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MCD

VCR

XLY

McDonald's Corp. (NYSE:MCD) plans to extend its $5 meal deal across most U.S. locations to attract cost-conscious diners. The initiative, launched on June 25, aims to draw customers back amid inflation. Early results are positive, and the company is considering further extensions and additional affordability strategies. McDonald's will announce its Q2 earnings on July 29. The stock has lost over 12% in the last 12 months but is trading higher by 0.33% at $258.13. Investors can also gain exposure via Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) and Vanguard Consumer Discretionary ETF (NYSE:VCR).

Portfolio Pulse from Shivani Kumaresan

July 22, 2024 | 3:43 pm

MIRA

MIRA Pharmaceuticals shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 353%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 3:43 pm

FUFU

MARA

RIOT

Shares of crypto-linked stocks are trading lower amid a drop in the price of Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 3:43 pm

MAT

Mattel shares have resumed trading after a temporary halt. Investors are closely watching the stock for any significant movements.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 3:38 pm

DOV

TEX

Terex shares are trading higher after the company announced the acquisition of Environmental Solutions Group from Dover for $2 billion.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 3:37 pm

HAS

MAT

Mattel shares are trading higher following reports that L Catterton made an offer to acquire the company. Additionally, Hasbro is reportedly considering submitting an offer.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 3:36 pm

COST

Significant investors have shown a bullish stance on Costco Wholesale (NASDAQ:COST) through options trading, with 52% of trades being bullish. The price target for Costco ranges from $425 to $1340. Analysts have given mixed ratings, with a consensus target price of $930. The stock is currently trading at $843.69, up by 0.66%.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 3:31 pm

BKNG

Financial giants have shown a bearish sentiment towards Booking Holdings (NASDAQ: BKNG) through options trading. Analysis revealed 15 unusual trades with 33% bullish and 40% bearish tendencies. The stock is currently priced at $3956.25, down 0.28%. Expert opinions remain positive with high target prices.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 3:31 pm

MRVL

Financial giants have shown a bearish sentiment towards Marvell Tech (NASDAQ:MRVL) through options trading. Analysis reveals 58% bearish trades, with significant activity in puts and calls. The stock is currently trading at $67.23, with a neutral RSI and an upcoming earnings report in 31 days. Analysts have an average target price of $95.0.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 3:30 pm

FCNCA

First Citizens BancShares (NASDAQ:FCNCA) has significantly outperformed the market over the past 5 years, with an annualized return of 31.28%. A $1000 investment in FCNCA 5 years ago would now be worth $3,952.79. The company's market capitalization is currently $26.63 billion.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 3:30 pm