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Stock Prices

EHC

Over the past 10 years, Encompass Health (NYSE:EHC) has outperformed the market with an average annual return of 11.54%, turning a $100 investment into $299.07 today. The company's market capitalization stands at $8.28 billion.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 8:00 pm

BHP

KGC

NGLOY

TFPM

Elliott Management has acquired a $1 billion stake in Anglo American (OTCQX:NGLOY), pressuring the company after its rejection of a $39 billion takeover bid from BHP Group (NYSE:BHP). This move by Elliott, known for advocating strategic changes in its investments, comes as copper prices soar, potentially increasing Anglo American's value. Elliott's history includes pressuring BHP in 2017 and involvement with Kinross Gold (NYSE:KGC) and Triple Flag Precious Metals (NYSE:TFPM), indicating a strategic interest in the mining sector.

Portfolio Pulse from Stjepan Kalinic

April 26, 2024 | 7:56 pm

SOFI

SoFi Technologies, Inc. (NASDAQ:SOFI) shares have risen over 10% in the past five days, despite a more than 20% decline year-to-date. This comes ahead of its Q1 earnings report on April 29, with expectations of 1 cent per share and $555.997 million in revenue. The stock's recovery follows a drop in student loan-related companies after President Biden announced a $7.4 billion student debt cancellation. SoFi does not pay dividends but may engage in buyback programs, a factor for investors considering the stock's value.

Portfolio Pulse from Erica Kollmann

April 26, 2024 | 7:54 pm

AMZN

CMCSA

DIS

WBD

Amazon Prime Video is nearing a deal with the NBA to become a primary broadcaster for league games, starting the 2025-2026 season. This deal, expected to last at least a decade, includes significant regular and postseason games. ESPN/ABC is also finalizing a similar long-term agreement, maintaining the Finals broadcast. The negotiations leave Warner Bros. Discovery's TNT Sports and Comcast's NBC competing for the remaining game packages. The NBA aims to incorporate streaming in its broadcasting strategy, impacting traditional broadcasters.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 7:47 pm

AEO

ANF

BURL

Retail stocks, including AEO, ANF, and BURL, are experiencing an uptick in their share prices due to overall market strength.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 7:47 pm

MCD

Recent analysis of McDonald's (NYSE:MCD) options activity reveals a bullish sentiment among investors, with a significant focus on trades within a price band of $140.0 to $370.0. The analysis identified 10 trades, evenly split between bullish and bearish expectations, but with a higher total trade price for calls ($344,592) compared to puts ($111,612). The most notable options trades include a bullish call with a strike price of $285.00 and a bearish put at a strike price of $275.00. McDonald's, a global leader in the fast-food industry, is currently experiencing a slight decline in stock price (-1.76%) with a trading volume of 2,520,286 and an upcoming earnings announcement in 4 days.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 7:46 pm

AAL

American Airlines announced adjustments to service on certain routes in the second half of 2024 and the first quarter of 2025 due to ongoing Boeing 787 delivery delays, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 7:42 pm

WDC

Western Digital's stock (WDC) is trading higher after the company reported its Q3 earnings. The positive momentum is further supported by Benchmark's upgrade of WDC from Hold to Buy, along with several analysts increasing their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 7:41 pm

AIQ

ANET

BOTZ

COHR

DELL

FLEX

JBL

ROBO

Microsoft, Alphabet, and Meta's increased investments in AI and cloud capex are expected to benefit Arista Networks, Coherent Corp, Dell Technologies, Lumentum Holdings, Flex Ltd., and Jabil Inc., according to a JPMorgan report. This investment surge indicates a strong year ahead for data center capex, with industry growth forecasts for data center investments from top CSPs now in the mid-teens range for 2024. AI-focused ETFs like BOTZ, AIQ, and ROBO are also anticipated to see positive impacts.

Portfolio Pulse from Surbhi Jain

April 26, 2024 | 7:37 pm

GOOG

GOOGL

MSFT

SMH

Tech stocks experienced gains following strong earnings reports from Microsoft and Alphabet, contributing to a positive movement in the sector. Additionally, semiconductor stocks also saw an increase, as indicated by the performance of the Semiconductor ETF (SMH). The dollar's rise further influenced market dynamics during the trading session.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 7:36 pm