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CSLR

Complete Solaria, Inc. (NASDAQ:CSLR) shares are trading higher after the company announced it has eliminated $67.6 million of its private equity debt. The company reached agreements with Carlyle and Kline Hill Partners to cancel the debt in exchange for cash payments. Additionally, T.J. Rodgers increased his investment in the company to fund these settlements.

Portfolio Pulse from Erica Kollmann

July 01, 2024 | 3:51 pm

AAUKF

Anglo American (OTC:AAUKF) has halted operations at its Grosvenor steelmaking coal mine in Queensland, Australia, following an underground coal gas ignition incident. The company expects the mine to be non-operational for several months, impacting its production guidance for the year.

Portfolio Pulse from Lekha Gupta

July 01, 2024 | 3:47 pm

CMCSA

Investors have taken a bearish stance on Comcast (NASDAQ:CMCSA) with significant options activity indicating a potential price drop. Benzinga's options scanner identified 11 unusual trades, with 90% being bearish. The targeted price range is $39.0 to $47.5. Comcast's stock is currently trading at $39.0, down by 0.41%.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 3:47 pm

MRK

Recent options trading activity indicates a bearish sentiment among large investors towards Merck & Co (NYSE:MRK). Benzinga's options scanner identified 15 trades, with 86% being bearish. The trades suggest a targeted price range of $100 to $130 for MRK. Despite this, the stock is currently up by 3.62% at $128.28. Expert opinions have set an average target price of $155.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 3:47 pm

PBI

Pitney Bowes shares are trading higher following the company's announcement of an update on the first phase of its cost rationalization initiative.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 3:43 pm

CCL

Whales are showing a bullish stance on Carnival (NYSE:CCL) with 52% of options trades being bullish. The major market movers are focusing on a price band between $13.0 and $27.0. Analysts have set an average price target of $22.4, with several maintaining Buy ratings.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 3:31 pm

LHX

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 15 years with an average annual return of 14.95%, resulting in a significant growth of $100 invested 15 years ago to $786.85 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 3:30 pm

CDW

CDW (NASDAQ:CDW) has significantly outperformed the market over the past 10 years, delivering an average annual return of 21.34%. A $100 investment in CDW 10 years ago would be worth $694.80 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 3:30 pm

GLUE

ZURA

Monte Rosa Therapeutics and Zura Bio have seen increased trading volume following a report by TipRanks, which highlights these two stocks as strong buy penny stocks with potential for significant gains according to Piper Sandler.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 3:29 pm

USO

Saudi Arabia's Energy Minister has announced the discovery of multiple new oil and gas fields, according to the state news agency. This development could have significant implications for global oil supply and prices.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 3:28 pm