Streetbeat News

Stock Prices

AEM

GOLD

IWM

NEM

NKLA

U.S. equity indices were steady as traders reassessed interest rate cut expectations following comments from Fed Governor Christopher J. Waller. The U.S. GDP for Q4 was revised up to 3.4%, and gold reached new highs at $2,225 per ounce. Bitcoin rebounded beyond $70,700. The iShares Russell 2000 ETF outperformed large-cap indices. Stocks like Newmont Corp., Barrick Gold Corp., and Agnico Eagle Mines rallied with gold prices. Nikola Corp. surged on short squeeze rumors, and Estée Lauder rose after announcing a distribution deal with Amazon.

Portfolio Pulse from Piero Cingari

March 28, 2024 | 5:49 pm

Philip Morris is set to introduce its premier IQOS heated tobacco device in Austin, Texas, marking a significant move in the expansion of its alternative tobacco products in the U.S. market.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 5:48 pm

CRPT

DAL

EBAY

MSTR

MVPA

MicroStrategy Inc (NASDAQ:MSTR) has seen its stock surge 204% this year, reaching a market cap of over $32 billion, surpassing companies like eBay Inc (NASDAQ:EBAY) and Delta Air Lines Inc (NYSE:DAL) in the S&P 100. Despite its success, its S&P 500 inclusion is questioned due to its revenue model based on Bitcoin holdings. The company also introduced an AI-powered bot, MicroStrategy AutoTM. Its stock is accessible via ETFs like First Trust SkyBridge Crypto Industry And Digital Economy ETF (NYSE:CRPT) and Advisor Managed Portfolios Miller Value Partners Appreciation ETF (NYSE:MVPA), but shares traded lower by 9.11% recently.

Portfolio Pulse from Anusuya Lahiri

March 28, 2024 | 5:47 pm

REGN

Deep-pocketed investors show a divided sentiment on Regeneron Pharmaceuticals (NASDAQ:REGN), with options trading indicating a price target range of $930 to $1260. The trading activity includes both bullish and bearish positions, with notable options activity highlighted. Regeneron, known for its products in eye disease, cardiovascular disease, cancer, and inflammation, has a current stock price of $966.3. Analysts have given an average target price of $1125, with mixed ratings from Bernstein, Truist Securities, and Morgan Stanley.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 5:45 pm

ALAB

Astera Labs shares are trading lower due to post-IPO volatility, indicating a period of price instability following its recent initial public offering.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 5:38 pm

WBA

Walgreens Boots Alliance shares are trading higher due to volatility following the company's Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 5:37 pm

ABBV

AKBA

AVDL

BMY

DHR

EHC

MRNA

NVO

UNH

VRTX

Today's session highlighted significant options activity for 10 health care stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions, revealing market sentiment and possible price movements. The stocks involved are AKBA, BMY, EHC, UNH, NVO, VRTX, ABBV, AVDL, DHR, and MRNA, with various sentiments ranging from bearish to neutral. The options activity includes both call and put options with varying expiration dates, strike prices, and total trade prices.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 5:35 pm

AMZN

TSLA

Today's whale activity in the Consumer Discretionary sector highlighted significant options trading across several companies, indicating bullish or bearish sentiments based on the type of options traded (CALL or PUT) and their respective expiration dates. Notable companies include TSLA, AMZN, GM, W, LI, AAP, BABA, NKE, ABNB, and WING, with trades ranging from bullish call options in TSLA and BABA to bearish put options in GM and W.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 5:35 pm

ARM

INTC

MSFT

NVDA

Today's session highlighted significant options activity for several Information Technology stocks, indicating potential trading opportunities based on whale alerts. Notable activities include bullish sentiment on NVDA, ARM, MSTR, PLTR, NOW, and HUBS options, and bearish sentiment on MSFT, INTC, MU, and DV options. These movements suggest varying investor expectations on these stocks' future performances.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 5:35 pm

ANET

Arista Networks (NYSE:ANET) has significantly outperformed the market in the last 5 years, with an annualized return of 29.53%, turning a $100 investment into $364.64. The company's market capitalization stands at $89.61 billion.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 5:30 pm