Streetbeat News

Stock Prices

BAC

BLK

DIVL

FDFF

GDVD

JPM

MS

NITE

SCHD

WFC

BlackRock, Inc. (NYSE:BLK) is selling $2.5 billion in bonds to fund its $3.2 billion acquisition of private-markets data company Preqin. The bond sale is being led by Bank of America, JPMorgan Chase, Morgan Stanley, and Wells Fargo. The acquisition is expected to close by the end of the year.

Portfolio Pulse from Michael Juliano

July 17, 2024 | 7:58 pm

KRO

Kronos Worldwide shares are trading lower after the company issued weak Q2 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 7:54 pm

FDMT

4D Molecular Therapeutics (FDMT) shares are trading lower following the announcement of interim data from their Phase 2 PRISM study.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 7:52 pm

NVDA

CoreWeave CEO Mike Intrator highlighted the relentless demand for Nvidia's AI chips, noting that customers are exclusively seeking Nvidia technology. Despite offering various options, CoreWeave's clients are only interested in Nvidia chips due to their performance. Nvidia has consistently exceeded financial expectations and is seen as a key player in the AI revolution. Nvidia shares have surged 138% year-to-date, although they were down 6.59% at the time of publication.

Portfolio Pulse from Adam Eckert

July 17, 2024 | 7:48 pm

SDST

Stardust Power shares are trading higher following the stock's recent Nasdaq debut.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 7:47 pm

DECK

Financial giants have shown a bullish trend in options trading for Deckers Outdoor (NYSE:DECK), with 37% of traders being bullish. The major market movers are focusing on a price band between $860.0 and $1050.0. Analysts have set price targets ranging from $1030 to $1200, with the next earnings report due in 8 days.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 7:45 pm

LMT

Lockheed Martin (NYSE:LMT) has seen a surge in options activity, with over 12 transactions totaling $733,005. Significant investors are targeting a price range of $470.0 to $515.0. The stock is currently up 1.47% at $475.45, with RSI indicators suggesting it may be approaching overbought territory. Next earnings are expected in 6 days.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 7:45 pm

SMPL

The Simply Good Foods Company (SMPL) shares are trading lower as traders circulate unconfirmed comments from a popular stock service, which mentions SMPL as a new short idea with a $20 price target, indicating a potential 33% downside.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 7:41 pm

SDST

Stardust Power Inc. (NASDAQ: SDST) shares surged by 148% following its debut on the Nasdaq Global Market after a business combination with Global Partner Acquisition Corp II. The company focuses on lithium production, aligning with U.S. national security priorities and benefiting from state and federal incentives.

Portfolio Pulse from Vaishali Prayag

July 17, 2024 | 7:32 pm

AXON

Investors have taken a bearish stance on Axon Enterprise (NASDAQ:AXON) with unusual options activity. Benzinga's options scanner spotted 11 uncommon options trades, with 54% being bearish. The projected price targets range from $195 to $480. The stock is currently trading at $319.67 with a neutral RSI reading.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 7:31 pm