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AMC

AMC Entertainment Holdings Inc. plans to restructure its debt load, leveraging its theaters to support the deal. This move aims to improve the company's financial stability.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 5:37 pm

CRWD

MAT

NVDA

SMH

SOXX

TLT

USO

US stocks rebounded on Monday, driven by a surge in tech stocks and semiconductor ETFs. The Nasdaq 100 rose 1%, while the S&P 500 and Dow Jones also saw gains. CrowdStrike continued its selloff, falling 13% after multiple downgrades. Nvidia surged 3.8% on news of a new AI chip for the Chinese market. Oil prices hit a one-month low, and natural gas spiked 7%. Key ETFs like SMH, SOXX, SPY, DIA, QQQ, XLK, and XLE showed varied performances.

Portfolio Pulse from Piero Cingari

July 22, 2024 | 5:36 pm

COIN

CUBI

HAFC

JPM

MCO

TFC

TRV

UPST

The article highlights significant options activity in the Financials sector, focusing on trades involving TFC, UPST, JPM, COIN, BX, V, TRV, HAFC, CUBI, and MCO. These trades include both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 5:35 pm

AMZN

GME

JMIA

LOW

MCFT

NKE

PDD

TSLA

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like TSLA, GM, MCFT, GME, NKE, JMIA, AMZN, JD, PDD, and LOW. These trades can indicate potential short-term price movements.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 5:35 pm

BLDR

Builders FirstSource (NYSE:BLDR) has significantly outperformed the market over the past 15 years, delivering an average annual return of 26.2%. A $100 investment in BLDR 15 years ago would be worth $3,232.93 today. The company's current market capitalization is $19.53 billion.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 5:30 pm

AFG

American Financial Group (NYSE: AFG) has outperformed the market over the past 20 years with an average annual return of 9.73%, resulting in a $1000 investment growing to $6,438.79. The company currently has a market capitalization of $10.48 billion.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 5:30 pm

GOOGL

Alphabet Inc. (NASDAQ:GOOGL) shares are trading higher ahead of its quarterly earnings release. Analysts estimate an EPS of $1.85 and revenue of $84.20 billion for the company's 2024 fiscal year second quarter. The stock is trading above its 50-day moving average and near its 52-week high. Wedbush analyst Scott Devitt reiterated an Outperform rating with a $205 price target.

Portfolio Pulse from Dylan Berman

July 22, 2024 | 5:29 pm

CRWD

MIRA

SERV

TELL

CrowdStrike shares fell sharply by around 13% after downgrades from Guggenheim and BTIG analysts. The company also experienced a major outage impacting businesses globally. Selective Insurance Group shares also dipped significantly. Several other stocks saw notable movements, including MIRA Pharmaceuticals, CareMax, Tellurian, and Serve Robotics among gainers, and Linkage Global, Selina Hospitality, and TRxADE HEALTH among losers.

Portfolio Pulse from Avi Kapoor

July 22, 2024 | 5:28 pm

Coca-Cola Co (NYSE:KO) is set to report its Q2 earnings on Tuesday, with Wall Street expecting 80 cents in EPS and $11.8 billion in revenues. The stock has shown a bullish trend, supported by various technical indicators, and analysts see a potential 10% upside with a price target of $69.20.

Portfolio Pulse from Surbhi Jain

July 22, 2024 | 5:21 pm

IFF

IVEG

MVAL

Stifel analyst Mark S. Astrachan upgraded International Flavors & Fragrances Inc. (NYSE:IFF) to Buy from Hold, raising the price target to $115 from $95. The analyst sees conservative 2024 guidance and projects increased sales and adjusted EBITDA for 2024-2025. IFF's volumes rebounded in Q1 2024, and mid-single-digit volume growth is expected throughout 2024. Leverage is anticipated to decrease to around 3.0x by year-end 2025. IFF stock has gained over 15% in the last 12 months.

Portfolio Pulse from Lekha Gupta

July 22, 2024 | 5:20 pm