Streetbeat News

Stock Prices

RTX

Recent options trading activity for RTX (NYSE:RTX) shows a predominantly bearish sentiment among investors, with 75% of detected trades being bearish. The trading activity suggests an expected price range of $65.0 to $95.0 for RTX over the next three months. Currently, RTX's stock is slightly down by -0.8%, trading at $91.5, with analysts giving mixed reviews and setting an average price target of $93.6. The company, a merger of United Technologies and Raytheon, operates in aerospace and defense, with its next earnings release anticipated in 77 days.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:46 pm

NVIV

InVivo Therapeutics shares were halted due to a circuit breaker trigger after the stock surged by 282.9%. The significant increase in stock price led to a temporary trading halt to manage volatility.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:45 pm

CCK

Crown Holdings' shares dropped following the announcement of disappointing Q4 financial results and lower than expected Q1 and FY24 adjusted EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 4:44 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for February 6th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula. It offers detailed analysis for each, suggesting potential price movements and targets. The memo also highlights the influence of upcoming Federal Reserve comments and economic data on market volatility. RIPS, a pro trader, curates the memo, offering insights and mentorship to Market Clubhouse members.

Portfolio Pulse from RIPS

February 06, 2024 | 4:42 pm

FXI

GOOG

LLY

META

NVDA

Global stock markets are experiencing a lift in sentiment, primarily driven by a surge in Chinese stocks, with the iShares China Large-Cap ETF (FXI) showing positive technical signals. NVIDIA (NVDA) and Eli Lilly (LLY) are highlighted for their strong performance in AI and weight loss drugs, respectively. Early trade money flows show positive trends for Meta Platforms (META), Alphabet (GOOG), and NVDA, while being neutral for Microsoft (MSFT) and Apple (AAPL), and negative for Tesla (TSLA) and Amazon (AMZN). Mixed flows are observed in SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust (QQQ). The article also notes buying interest in gold and oil, with SPDR Gold Trust (GLD) and United States Oil ETF (USO) being the most popular ETFs for these commodities.

Portfolio Pulse from The Arora Report

February 06, 2024 | 4:31 pm

PINS

Recent options market activity indicates a bearish sentiment towards Pinterest (NYSE:PINS), with a significant portion of trades being bearish. The options trades target a price range of $37.0 to $48.0 for Pinterest. Analysis of volume and open interest for Pinterest's options shows a concentration of activity in this price range. Pinterest's current trading volume is 5,204,746, with a price increase of 3.63%, and an RSI indicating it may be approaching overbought. Earnings are expected in 2 days, and analysts have given mixed ratings with an average target price of $42.4.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:31 pm

DHR

Over the past decade, Danaher (NYSE:DHR) has delivered an average annual return of 17.08%, outperforming the market by 6.61% on an annualized basis. With a current market capitalization of $181.10 billion, an initial investment of $1000 in DHR stock 10 years ago would now be worth $4,859.84. This performance highlights the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:30 pm

TMO

Thermo Fisher Scientific (NYSE:TMO) has delivered an average annual return of 19.42% over the past 15 years, turning a $1000 investment into $14,579.53 today. The company's market capitalization stands at $213.66 billion, showcasing its significant growth and outperformance in the market.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:30 pm

J

Jacobs Solutions Inc. (NYSE:J) reported Q1 earnings that exceeded forecasts with a 9.5% revenue growth year over year to $4.159 billion, surpassing the consensus of $3.67 billion. Adjusted EPS was $2.02, beating the consensus of $1.51. The backlog increased by 4.7% year over year to $29.6 billion, with a 6.1% increase in gross profit in backlog. The company also announced an 11.5% quarterly dividend increase to $0.29 and reiterated its fiscal 2024 adjusted EBITDA and EPS outlook. Shares rose by 1.78% to $139.44.

Portfolio Pulse from Nabaparna Bhattacharya

February 06, 2024 | 4:27 pm

PLTR

Palantir Technologies Inc (NYSE:PLTR) shares surged following its Q4 earnings report, exceeding expectations with significant growth in its US commercial business and AI platform demand. Analysts provided mixed reviews, with price target adjustments ranging from $5 to $30. The company's US commercial business grew by 70% in Q4, and its commercial customer count increased by 44%. However, concerns were raised about the sustainability of growth and the performance of other divisions.

Portfolio Pulse from Priya Nigam

February 06, 2024 | 4:26 pm