Streetbeat News

Stock Prices

BABA

Investors with significant capital have shown a bullish stance on Alibaba Group Holdings (NYSE:BABA), as observed through unusual options trades. Benzinga's options scanner detected 10 uncommon trades, with a split sentiment of 50% bullish and 50% bearish. The major market movers are focusing on a price range between $55.0 and $120.0. The current trading volume is 1,926,809, with BABA's price up by 0.69% at $72.5. An analyst from Loop Capital maintains a Buy rating with a target price of $115.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 2:16 pm

GS

Goldman Sachs Gr (NYSE:GS) has seen unusual options activity with a bullish stance from significant investors. 56% of the trades were bullish, with a total of $560,010 in calls and $331,520 in puts. The expected price range is $310.0 to $480.0 over the next three months. The stock is currently up 1.49% at $459.06, with RSI indicators suggesting it may be overbought. Analysts have given it a consensus target price of $497.5.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 2:16 pm

CHWY

SMH

SPY

The market is currently awaiting key Supreme Court decisions. In France, Marine Le Pen is leading after the first round of elections. Roaring Kitty has disclosed a 6.6% stake in Chewy. Chip stocks are experiencing a sell-off.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:15 pm

RIVN

Rivian shares are trading higher after multiple analysts raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:13 pm

ETHUSD

The TRUMP meme coin has been experiencing a significant downtrend, exacerbated by a whale dumping a large amount of the coin. Despite this, some traders remain optimistic about a potential rebound in July. The coin has lost 4.6% in the past 24 hours and 61.7% over the past month, currently trading at a valuation of $300 million.

Portfolio Pulse from Khyathi Dalal

July 01, 2024 | 2:11 pm

HOOD

Robinhood Markets announced an interruption in service for some users and is working to resolve the issue. The company apologized for the inconvenience and promised updates.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:09 pm

AMD

ARM

MU

NVDA

Shares of chip stocks are trading lower, potentially due to a sell-off following strong performance in the first half of 2024 driven by AI momentum.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:08 pm

OPRA

Opera GX, a browser designed for gamers, has enhanced its built-in AI, Aria, with new features including image generation, voice output, chat summary options, and source links. These updates are part of Opera's Experimental AI Feature Drops program.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:06 pm

BA

Boeing shares are trading higher after the company agreed to acquire Spirit AeroSystems.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:02 pm

UBER

Whales have taken a bearish stance on Uber Technologies (NYSE:UBER) with significant options trades indicating a price range of $40.0 to $82.5. The stock is currently trading at $70.73, down by 2.68%. Analysts have set an average price target of $91.25.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 2:01 pm