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LYV

Hackers have leaked alleged Taylor Swift tickets and are increasing their extortion efforts against Ticketmaster. This incident could impact Ticketmaster's parent company, Live Nation Entertainment (LYV), by affecting consumer trust and potentially leading to financial and reputational damage.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 5:08 pm

AMBP

AMZN

QCOM

The CNBC Halftime Report highlighted final trades including Amazon.com, QUALCOMM, and Ardagh Metal Packaging S.A. These companies are expected to see short-term movements based on the recommendations.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 5:04 pm

UAL

Investors with significant capital have taken a bearish stance on United Airlines Holdings (NASDAQ:UAL), as observed through unusual options trades. Benzinga's options scanner detected 10 uncommon trades, with a split sentiment of 30% bullish and 50% bearish. The trades suggest a price range of $33.0 to $60.0 for UAL over the next three months. The current market price of UAL is $48.3, down 0.43%, with RSI indicators hinting at an oversold condition. An analyst from Redburn Atlantic recently upgraded UAL to Buy with a price target of $70.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 5:03 pm

SAIA

Saia (NASDAQ:SAIA) has significantly outperformed the market over the past 15 years, delivering an average annual return of 27.72%. A $100 investment in SAIA 15 years ago would be worth approximately $3,990.67 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 5:00 pm

WING

Wingstop (NASDAQ:WING) has significantly outperformed the market over the past 5 years, delivering an average annual return of 34.77%. An initial $100 investment in WING 5 years ago would now be worth $442.92. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 5:00 pm

NIO

QLGN

XPEV

ZAPP

NIO Inc. (NYSE:NIO) shares fell 8.5% after the resignation of CFO Steven Wei Feng. Other notable movers include Qualigen Therapeutics, Inc. (NASDAQ:QLGN) up 120%, Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) up 70.5%, and Macy’s, Inc. (NYSE:M) up 10.4% due to an increased acquisition bid. XPeng Inc. (NYSE:XPEV) declined 10% after announcing vehicle delivery figures.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 4:59 pm

EWU

EWUS

FLGB

HSBC

RIO

Keir Starmer of the Labour Party is set to become the new UK Prime Minister, ending 14 years of Conservative control. The iShares MSCI United Kingdom ETF (EWU) and Franklin FTSE United Kingdom ETF (FLGB) saw minimal gains, while the iShares MSCI United Kingdom Small Cap ETF (EWUS) could benefit from Labour's policies. Analysts see potential growth in the homebuilding and mining sectors.

Portfolio Pulse from Chris Katje

July 05, 2024 | 4:53 pm

GYRE

Gyre Therapeutics shares are trading higher following the announcement that China's NMPA approved Avatrombopag Maleate tablets for the treatment of CLD-associated thrombocytopenia.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 4:47 pm

NEE

Investors with significant capital have taken a predominantly bearish stance on NextEra Energy (NYSE:NEE), as observed through recent options trading activity. Benzinga's options scanner identified 9 trades, with 77% being bearish. Analysts have mixed ratings on NEE, with price targets ranging from $73 to $95.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 4:46 pm

GOOG

TSLA

Gordon Johnson, founder of GJC Research, expressed a bearish outlook on Tesla Inc (NASDAQ:TSLA) during an interview on Benzinga's PreMarket Prep. He cited declining margins, reduced growth in car sales, and skepticism about Tesla's robotaxi capabilities as reasons for his belief that Tesla's stock is overvalued and could fall below $30 per share.

Portfolio Pulse from Aaron Bry

July 05, 2024 | 4:46 pm