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Stock Prices

MSTR

Whales have shown a bearish stance on MicroStrategy (NASDAQ:MSTR), with options trading indicating a mix of bullish and bearish expectations. Significant trading activity includes both calls and puts, with price targets ranging from $200 to $3800. Recent trading volume and price data suggest a cautious outlook, despite some analysts maintaining positive ratings with price targets up to $1875. The company is approaching its earnings announcement, adding to the interest in its stock performance.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 2:03 pm

COIN

Recent analysis of options activity for Coinbase Global (NASDAQ:COIN) shows a predominantly bearish sentiment among investors, with 87% of trades being bearish. The trades include both calls and puts, with a notable volume and open interest within a strike price range of $160.0 to $520.0. Despite this bearish outlook, Coinbase's current market position appears stable, with a slight increase in stock price and an upcoming earnings announcement. Analyst ratings over the last 30 days present a mixed view, with an average price target of $211.8, varying from 'Market Perform' to 'Underperform'.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 2:03 pm

D

Dominion Energy announced the successful launch of Charybdis, the first Jones Act-compliant offshore wind turbine installation vessel, from the Seatrium AmFELS shipyard in Brownsville, Texas. This marks a significant milestone for the Coastal Virginia Offshore Wind (CVOW) project, which also received its final federal permit, allowing offshore construction to begin in May. The vessel, constructed with over 14,000 tons of domestic steel, is designed for turbines of 12 megawatts or larger and represents a major step in the U.S. energy transition and offshore wind industry development.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 2:02 pm

TSLA

USO

Stocks opened higher despite rising tensions in the Middle East, with major indices showing gains. Oil prices dipped, reflected in a decrease in USO. Tesla's stock fell following reports of upcoming layoffs.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 2:02 pm

CYBR

CyberArk Software (NASDAQ:CYBR) has delivered an average annual return of 15.12% over the past 5 years, outperforming the market by 2.97% annually. With a current market capitalization of $10.49 billion, a $100 investment in CYBR 5 years ago would be worth $209.42 today.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 2:00 pm

EXP

Eagle Materials (NYSE:EXP) has outperformed the market over the past 5 years, producing an average annual return of 23.45% and growing a $100 investment to $287.60. The company's market capitalization stands at $8.78 billion.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 2:00 pm

GS

LGVN

MRNS

ONVO

SNGX

U.S. stocks saw an uptick with the Dow Jones rising over 300 points, attributed partly to Goldman Sachs' better-than-expected earnings report. Goldman Sachs reported a Q1 revenue of $14.21 billion and EPS of $11.58, surpassing consensus estimates. In other market news, Soligenix, Longeveron, and Organovo Holdings experienced significant share price increases due to positive company developments, while Marinus Pharmaceuticals, ProMIS Neurosciences, and PaxMedica saw their shares decline.

Portfolio Pulse from Avi Kapoor

April 15, 2024 | 2:00 pm

MRNS

NMTR

TSLA

The article covers a range of topics from cryptocurrency developments, including Dogecoin's potential bull market milestone and regulatory approval for Bitcoin and Ethereum ETFs in Hong Kong, to significant movements in the US stock market with mentions of specific companies like Marinus Pharmaceuticals and Neumora Therapeutics. It also touches on US and world politics, the US economy, tech industry updates including Apple and Nvidia, electric vehicle news with a focus on Tesla's layoffs and competition from Hyundai and Nio, consumer market moves, communication sector challenges for Elon Musk, industrial sector deals, and a general note on Elon Musk's past.

Portfolio Pulse from Akanksha Bakshi

April 15, 2024 | 1:58 pm

BUD

STZ

Constellation Brands (NYSE:STZ) reported a strong fourth quarter, driven by its beer segment's growth, offsetting weakness in wine and spirits. Revenue reached $2.3 billion, with earnings per share at $2.26, both surpassing estimates. Modelo Especial became the top beer in U.S. dollar sales. Full-year net sales rose 5%, with net income up 12%. The company raised its full-year earnings and sales forecasts, expecting beer sales to grow by 10%. Anheuser Busch InBev SA (NYSE:BUD) saw a drop in North American beer sales but growth in non-alcoholic beer, reflecting a shift towards health-conscious consumer behavior.

Portfolio Pulse from Upwallstreet

April 15, 2024 | 1:52 pm

KAVL

Kaival Brands Innovations Group's shares were halted due to a circuit breaker trigger after the stock surged 23.6%. This significant increase indicates a strong market reaction to recent developments or news related to the company.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 1:47 pm