Streetbeat News

Stock Prices

FDX

Whales have taken a bearish stance on FedEx (NYSE:FDX) with 66% of recent options trades being bearish. The price window eyed by big players is between $250.0 and $320.0. Currently, FDX is trading at $297.98, down by 0.23%.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 8:01 pm

ADI

Analog Devices (NASDAQ:ADI) has outperformed the market over the past 10 years with an average annual return of 15.39%, surpassing the market by 4.57% annually. A $1000 investment in ADI 10 years ago would be worth $4,169.05 today.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 8:00 pm

PHM

PulteGroup (NYSE:PHM) has significantly outperformed the market over the past 10 years, delivering an average annual return of 17.93%. A $1000 investment in PHM 10 years ago would be worth $5,201.50 today. The article highlights the power of compounded returns in long-term investments.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 8:00 pm

DIA

IWM

QQQ

SPY

TSLA

Major indexes are higher as investors assess comments from Fed Chair Powell and strength in Tesla following deliveries. RBC raised its S&P price target to 5,700.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 7:59 pm

GBTC

IBIT

Spot Bitcoin and Ethereum ETFs are expected to drive the next phase of the bull cycle. Spot Bitcoin ETFs have seen significant inflows, while Grayscale Bitcoin Trust has experienced outflows. Spot Ethereum ETFs are anticipated to be approved soon, with substantial inflows predicted.

Portfolio Pulse from Khyathi Dalal

July 02, 2024 | 7:58 pm

TSLA

Tesla's Q2 deliveries report has sparked a rally in its stock price, but technical analysis suggests potential resistance around the $263.50 level, which has been a peak in the past. If the stock fails to break this resistance, it may head lower due to investor psychology.

Portfolio Pulse from Mark Putrino

July 02, 2024 | 7:54 pm

SYT

SYLA Technologies (NASDAQ:SYT) shares are trading higher due to the recent merger of its subsidiaries, SYLA Solar and SYLA Biotech Corporation. The merger aims to advance SYLA's renewable energy business, with support from Japan’s Ministry of Economy, Trade and Industry.

Portfolio Pulse from Vaishali Prayag

July 02, 2024 | 7:54 pm

BUR

Burford Capital is expected to realize a gain from its investment in the arbitration process involving Sundance Resources and the Republic of Congo. A conditional settlement has been announced, potentially ending the dispute by the end of Q3. The original claim was over $8.5 billion.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 7:45 pm

GOVX

Geovax Labs (NYSE:GOVX) has seen a significant rise in its short interest, with a 143.33% increase since the last report. The company now has 109 thousand shares sold short, representing 4.38% of its float. This is higher than the peer group average of 2.80%.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 7:45 pm

PSTG

Pure Storage Inc. (NYSE:PSTG) shares are trading lower on Tuesday after UBS analyst David Vogt downgraded the stock from Neutral to Sell, despite raising the price target from $44 to $47. The average price target from 27 analysts is $69.93, with estimates ranging from $47 to $80. Pure Storage shares were down 4.1% at $62.82 at the time of publication.

Portfolio Pulse from Vaishali Prayag

July 02, 2024 | 7:37 pm