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Stock Prices

MCD

McDonald's U.S. head expressed confidence in the profitability of their $5 meal offering, indicating that the company is comfortable with its current pricing strategy.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:22 pm

DOGEUSD

PEPEUSD

SHIBUSD

Pepe (CRYPTO: PEPE) has gained 10% over the past week, outperforming other meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Traders are optimistic about Pepe's future performance, citing increased trading volumes and large transaction activity.

Portfolio Pulse from Khyathi Dalal

June 26, 2024 | 2:19 pm

F

TSLA

Tesla Inc (NASDAQ:TSLA) announced a recall of 11,688 Cybertrucks due to a windshield wiper issue, following a previous recall of 3,878 Cybertrucks in April. Based on these recalls, Tesla delivered 7,810 Cybertrucks over nine weeks, averaging 867 per week. This could lead to over 11,000 units delivered in the first quarter, potentially surpassing Ford's (NYSE:F) F-150 Lightning deliveries. Tesla aims to reach 2,500 units produced per week by the end of the year and 250,000 annually by 2025.

Portfolio Pulse from Chris Katje

June 26, 2024 | 2:17 pm

TEX

Terex (NYSE:TEX) has seen a 16.79% increase in its short percent of float, now at 8.07%. This is higher than its peers' average of 5.22%. It would take traders 7.21 days to cover their short positions. Increased short interest can indicate bearish sentiment but can also be bullish if the stock price rises.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 2:15 pm

TJX

TJX Companies (NYSE:TJX) has seen a 23.42% increase in short interest, with 15.52 million shares sold short, representing 1.37% of its float. This is lower than the peer group average of 17.42%. Short interest can indicate market sentiment, with higher short interest often signaling bearish views.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 2:15 pm

PRGS

Progress Software shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:14 pm

CELH

Celsius Holdings shares are trading lower after Stifel maintained a Buy rating on the stock but lowered its price target from $85 to $65.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:13 pm

AAPL

GOOG

GOOGL

Apple Inc. (NASDAQ:AAPL) has been upgraded by Rosenblatt analyst Barton Crockett from Neutral to Buy, with a price target increase from $196 to $260. The upgrade follows Apple's AI initiatives showcased at the Worldwide Developers Conference, focusing on privacy, which could boost market share. The analyst believes Apple's focus on privacy and specialized technology will help it stand out from competitors like Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL).

Portfolio Pulse from Chris Katje

June 26, 2024 | 2:12 pm

PAYX

Paychex shares are trading lower after the company reported mixed Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:12 pm

AZN

China has approved AstraZeneca's Tagrisso combined with chemotherapy for first-line treatment of certain lung cancer patients. This approval follows similar approval in Japan and is based on positive results from the FLAURA2 Phase 3 trial, showing significant improvement in progression-free survival.

Portfolio Pulse from Vandana Singh

June 26, 2024 | 2:08 pm