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Stock Prices

AXP

American Express shares are trading lower after the company reported worse-than-expected Q2 sales results. The stock initially traded higher, but it has since reversed.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:46 pm

SNAP

Investors have taken a bearish stance on Snap (NYSE:SNAP) based on recent options data from Benzinga. The majority of the options transactions identified were puts, indicating a negative sentiment. The price range focus is between $15.0 and $15.5. Snap's stock is currently neutral with an RSI indicator and is trading at $14.57.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 1:46 pm

CMA

Investors have taken a predominantly bearish position in Comerica (NYSE:CMA) based on recent options trading data. The majority of the options transactions identified were puts, indicating a negative sentiment. Analysts have mixed ratings on the stock, with price targets ranging from $54 to $68.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 1:46 pm

MAPS

WM Technology (NASDAQ: MAPS) reported a 4.5% decline in sales year-over-year and quarter-over-quarter in Q1 2024. Despite this, the company achieved a 21.6% EBITDA margin and generated $10 million in EBITDA for the quarter. Analyst Pablo Zuanic sees potential for significant upside if the company aligns with the cannabis industry's growth. MAPS is currently trading at a lower valuation compared to its tech sector peers. The stock could benefit from cannabis rescheduling news and tech stock re-ratings.

Portfolio Pulse from Nicolás Jose Rodriguez

July 19, 2024 | 1:46 pm

AGI

AU

CDE

EQX

FSM

GATO

GAU

GFI

GOLD

HMY

NEM

PAAS

SSRM

WPM

Shares of precious metals stocks are trading lower as gold and silver prices fall amid a rise in the dollar.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:42 pm

CRWD

PANW

S

Shares of cybersecurity stocks are trading higher after a CrowdStrike software update caused a global outage.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:40 pm

SPY

The White House has refuted an NBC report regarding the Biden family, calling it 'wrong'.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:37 pm

LLY

Eli Lilly shares are trading higher after Zepbound received China approval.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:35 pm

IAK

KBWP

TRV

Travelers Companies (NYSE:TRV) reported strong Q2 earnings with core income per share of $2.51, beating the $1.98 consensus forecast. Revenue grew 12% Y/Y to $11.283 billion, missing the $11.341 billion consensus. The company saw significant growth in net written premiums across its Business, Bond & Specialty, and Personal Insurance segments. Despite higher catastrophe losses, improved underwriting gains and higher net investment income contributed to the positive results. TRV shares are trading higher, and the stock has gained around 29% in the last 12 months. Investors can also gain exposure via Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) and IShares U.S. Insurance ETF (NYSE:IAK).

Portfolio Pulse from Lekha Gupta

July 19, 2024 | 1:34 pm

MCBS

MetroCity Bankshares (NASDAQ:MCBS) reported Q2 earnings per share (EPS) of $0.66, surpassing the analyst consensus estimate of $0.59 by 11.86%. This marks a 29.41% increase from the $0.51 EPS reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:32 pm