Keurig Dr Pepper Stock (NASDAQ:KDP), Trade Ideas

Keurig Dr Pepper

Dr Pepper Snapple Group

Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. US and Canada make up 95% of revenues, with the rest from Mexico.

Equities

News

Guidance

Movers

General

Keurig Dr Pepper impresses investors with a 3.5% year-on-year sales surge to $3.47 billion in Q1 FY24, outperforming analyst predictions. Notably, U.S. Refreshment Beverages lead the growth trajectory with a 4.3% rise to $2.1 billion.

Why Beverage Company Keurig Dr Pepper&#39;s Shares Are Surging Today

Long Ideas

Small Cap

Insider Trades

Pre-Market Outlook

Markets

Trading Ideas

HWBK

Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.

Insiders Buying Keurig Dr Pepper And 3 Other Stocks

Earnings

BLMN

NVDA

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the &#34;Extreme Greed&#34; zone on Thursday.

U.S. stocks closed higher on Thursday, with the S&amp;P 500 jumping to fresh highs during the session. The Dow Jones index also topped the 39,000 mark for the first time ever.

Investor Optimism Improves Further; S&amp;P 500 Settles At Record High

Keurig Dr Pepper Inc

JP Morgan Chase &amp; Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) inaugurated a new Community Center branch in the Grand Concourse<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38462538/chase-opens-innovative-branch-in-bronxs-grand-concourse-neighborhood" rel="noreferrer noopener">&nbsp;neighborhood of the Bronx on Friday.&nbsp;</a>
This branch will expand access to banking, tools, and advice to help customers achieve financial health and resilience.
The Grand Concourse Community Center branch features a team of local financial health experts focused on community engagement, mentorship&nbsp;and&nbsp;advice, JP Morgan said in a press release.
&#8220;The location looks and feels different from a &#8220;typical&#8221; bank – it combines a modern design, spacious layout, and the latest banking technology, reflecting how customers engage with Chase today,&#8221; according to a press release.
The new Community Center represents an investment of $5 million.&nbsp;
Chase contracted Excel Construction, a local minority-owned construction firm, to build this location.&nbsp;Construction is already underway in Brooklyn&nbsp;and&nbsp;the firm expects to open the branch by&nbsp;end&nbsp;of the year.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, JPM stock has gained over 43% in the past year. Investors can gain exposure to the stock via&nbsp;IShares U.S. Financial Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;SPDR Select Sector Fund &#8211; Financial&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>).
The company recently&nbsp;reported&nbsp;<a target="_blank" href="https://www.benzinga.com//node/38217534" rel="noreferrer noopener">first-quarter&nbsp;FY24 results.</a>&nbsp;The net revenue (managed) was $42.5 billion (+8% year over year).
For FY24,&nbsp;JPMorgan expects net interest income, excluding Markets, of ~$89 billion (vs.&nbsp;$88 billion earlier). The bank anticipates card&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">services NCO rate of &lt;3.50%.</a>
Price Action: JPM shares are trading higher by 0.34% to $194.03 at last check Friday.
Image via Shutterstock

iShares Trust Dow Jones US Financial Services Index Fund

JP Morgan Chase Launches Innovative Community Center Branch In Bronx, Investing $5M To Enhance Financial Access

Retirement savings play a crucial role in securing financial stability in your golden years. For those aiming high, being in the top 3% of retirees in terms of savings enhances comfort and offers greater financial freedom.
Using data from the Federal Reserve's Survey of Consumer Finances, a 2024 survey by the Employee Benefit Research Institute, reveals that individuals with over $1 million in retirement accounts rank in the top 3% of retirees. Only 3.2% of retirees have surpassed the $1 million mark, and just 0.1% boast over $5 million.
Don't Miss:
<ul>
<li>82% of Americans aren&#8217;t using<a href="https://www.benzinga.com/money/public-hys"> this government secured 5% passive income stream</a>, are you one of them?</li>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.</li>
</ul>
The mean net worth of the average U.S. household was about <a href="https://www.benzinga.com/personal-finance/financial-advisors/23/12/36078165/if-the-average-american-household-is-a-millionaire-with-a-net-worth-of-1-06-m">$1.06 million in 2022</a>, according to the Federal Reserve. This figure includes assets such as nonretirement investments and real estate, which can significantly aid retirement finances, suggesting many might be better prepared than the average savings indicate.
Retirement savings vary greatly. Adults between the ages of 32 and 61 have an average of $129,000 saved strictly for retirement, which increases to $310,793 when considering a broader definition of retirement assets. Despite the significant wealth at the top, the overall picture across different age groups shows considerable variability in savings. This reflects the diversity in financial preparation among Americans, with some nearing retirement possessing substantial resources while others, especially younger people, are just starting to save.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: The<a href="https://www.benzinga.com/money/public-hys-avgamerican"> shocking amount the average American would save by now</a> if they started an account in 2010 with today&#8217;s high yield savings rates will make you run to open your own.
<hr class="wp-block-separator has-alpha-channel-opacity" />
By 2030, over 73 million Americans are expected to be retirees, making up about 22% of the U.S. population. The growing number of retirees highlights the need for robust retirement planning, especially as the baby boom generation ages and the ratio of retirees in the population increases, posing significant challenges for Social Security and retirement funding systems.
Given the recent rise in living costs, Americans now estimate needing $1.46 million to retire comfortably, a 53% increase from the $951,000 reported in 2020 and 15% higher than the $1.27 million estimated last year, according to Northwestern Mutual.
As retirement planning is a crucial aspect of financial health, understanding where you stand compared to these benchmarks is key. If you're curious about how your retirement savings stack up or need strategies to boost your financial security, <a href="https://www.benzinga.com/money/smartasset">consulting with a financial adviser</a> can provide personalized guidance and planning. An adviser can help you navigate your unique financial landscape, ensuring you make the most of your investments and approach retirement with confidence.
Read Next:
<ul>
<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li>If the United States had access to<a href="https://www.benzinga.com/money/public-hys-avgamerican"> today&#8217;s high-yield savings accounts rates</a> in 2015, it wouldn&#8217;t need to save another penny.</li>
</ul>

Personal Finance

Are You Saving Enough To Be In The Top 3% Of Retirees? Here's How Much You Need

Raymond James analyst Jayson Bedford maintains DexCom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXCM#NASDAQ">DXCM</a>) with a Strong Buy and raises the price target from $151 to $160.

Price Target

Analyst Ratings

DXCM

Raymond James Maintains Strong Buy on DexCom, Raises Price Target to $160

TD Cowen analyst Moshe Orenbuch maintains Navient (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAVI#NASDAQ">NAVI</a>) with a Sell and lowers the price target from $14 to $13.

NAVI

TD Cowen Maintains Sell on Navient, Lowers Price Target to $13

Investors with a lot of money to spend have taken a bullish stance on Antero Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AR#NYSE">AR</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AR, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 14 options trades for Antero Resources.
This isn't normal.
The overall sentiment of these big-money traders is split between 57% bullish and 21%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $151,000, and 13, calls, for a total amount of $600,985.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $23.0 to $42.0 for Antero Resources over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Antero Resources stands at 1426.7, with a total volume reaching 3,562.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Antero Resources, situated within the strike price corridor from $23.0 to $42.0, throughout the last 30 days.
<h3>Antero Resources Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714152708_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.8</td>
<td>$7.55</td>
<td>$7.55</td>
<td>$40.00</td>
<td>$151.0K</td>
<td>15</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>AR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.1</td>
<td>$2.08</td>
<td>$2.1</td>
<td>$42.00</td>
<td>$84.0K</td>
<td>662</td>
<td style="text-align: right;">900</td>
</tr>
<tr>
<td>AR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$13.55</td>
<td>$13.35</td>
<td>$13.35</td>
<td>$25.00</td>
<td>$68.0K</td>
<td>603</td>
<td style="text-align: right;">88</td>
</tr>
<tr>
<td>AR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/26/24</td>
<td>$3.45</td>
<td>$1.35</td>
<td>$1.35</td>
<td>$32.00</td>
<td>$65.3K</td>
<td>1.2K</td>
<td style="text-align: right;">600</td>
</tr>
<tr>
<td>AR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$12.65</td>
<td>$12.45</td>
<td>$12.55</td>
<td>$23.00</td>
<td>$50.2K</td>
<td>1.4K</td>
<td style="text-align: right;">53</td>
</tr>
</tbody>
</table>

<h3>About Antero Resources</h3>
Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2023, the company reported proven reserves of 18.1 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,483 million cubic feet of equivalent a day in 2023 at a ratio of 33% liquids and 66% natural gas.
Having examined the options trading patterns of Antero Resources, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Antero Resources</h3>
<ul>
<li>With a trading volume of 4,639,497, the price of AR is up by 1.48%, reaching $33.88.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 89 days from now.</li>
</ul>
<h3>Expert Opinions on Antero Resources</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $31.4.
<ul>
<li>Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Antero Resources, targeting a price of $27. </li>
<li>An analyst from Morgan Stanley upgraded its action to Overweight with a price target of $36. </li>
<li>An analyst from Morgan Stanley persists with their Equal-Weight rating on Antero Resources, maintaining a target price of $26. </li>
<li>Consistent in their evaluation, an analyst from Scotiabank keeps a Sector Perform rating on Antero Resources with a target price of $36. </li>
<li>An analyst from Barclays has revised its rating downward to Equal-Weight, adjusting the price target to $32. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Antero Resources options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Spotlight on Antero Resources: Analyzing the Surge in Options Activity

Raymond James analyst Josh Beck maintains Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Outperform and raises the price target from $160 to $200.

GOOGL

Raymond James Maintains Outperform on Alphabet, Raises Price Target to $200

Investors with a lot of money to spend have taken a bullish stance on Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with HOOD, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 8 uncommon options trades for Robinhood Markets.
This isn't normal.
The overall sentiment of these big-money traders is split between 62% bullish and 37%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $89,504, and 6 are calls, for a total amount of $202,775.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $17.5 to $20.5 for Robinhood Markets during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Robinhood Markets's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Robinhood Markets's significant trades, within a strike price range of $17.5 to $20.5, over the past month.
<h3>Robinhood Markets 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714152703_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>HOOD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$3.7</td>
<td>$3.65</td>
<td>$3.7</td>
<td>$20.50</td>
<td>$57.7K</td>
<td>4</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.35</td>
<td>$5.25</td>
<td>$5.35</td>
<td>$20.00</td>
<td>$52.9K</td>
<td>31.0K</td>
<td style="text-align: right;">181</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$1.05</td>
<td>$1.03</td>
<td>$1.05</td>
<td>$20.00</td>
<td>$35.4K</td>
<td>36.4K</td>
<td style="text-align: right;">934</td>
</tr>
<tr>
<td>HOOD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/10/24</td>
<td>$1.2</td>
<td>$1.16</td>
<td>$1.16</td>
<td>$17.50</td>
<td>$31.7K</td>
<td>390</td>
<td style="text-align: right;">279</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$1.18</td>
<td>$1.16</td>
<td>$1.18</td>
<td>$18.00</td>
<td>$29.5K</td>
<td>10.6K</td>
<td style="text-align: right;">577</td>
</tr>
</tbody>
</table>

<h3>About Robinhood Markets</h3>
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.
After a thorough review of the options trading surrounding Robinhood Markets, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Robinhood Markets's Current Market Status</h3>
<ul>
<li>With a volume of 4,247,856, the price of HOOD is up 3.65% at $17.75. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 12 days.</li>
</ul>
<h3>Professional Analyst Ratings for Robinhood Markets</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $19.6.
<ul>
<li>An analyst from Keybanc persists with their Overweight rating on Robinhood Markets, maintaining a target price of $23. </li>
<li>Reflecting concerns, an analyst from Citigroup lowers its rating to Sell with a new price target of $16.</li>
<li>Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Robinhood Markets, targeting a price of $18. </li>
<li>An analyst from Barclays persists with their Underweight rating on Robinhood Markets, maintaining a target price of $16. </li>
<li>An analyst from JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $25. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Robinhood Markets with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

HOOD

Smart Money Is Betting Big In HOOD Options

Investors with a lot of money to spend have taken a bearish stance on PENN Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PENN, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 11 uncommon options trades for PENN Entertainment.
This isn't normal.
The overall sentiment of these big-money traders is split between 27% bullish and 63%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $129,200, and 8 are calls, for a total amount of $637,858.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $37.5 for PENN Entertainment during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of PENN Entertainment stands at 1640.5, with a total volume reaching 4,577.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in PENN Entertainment, situated within the strike price corridor from $10.0 to $37.5, throughout the last 30 days.
<h3>PENN Entertainment 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714152697_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PENN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.68</td>
<td>$2.57</td>
<td>$2.68</td>
<td>$20.00</td>
<td>$285.6K</td>
<td>4.5K</td>
<td>2.0K</td>
</tr>
<tr>
<td>PENN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$2.64</td>
<td>$2.36</td>
<td>$2.5</td>
<td>$20.00</td>
<td>$125.0K</td>
<td>4.5K</td>
<td>8</td>
</tr>
<tr>
<td>PENN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$0.45</td>
<td>$0.24</td>
<td>$0.39</td>
<td>$17.50</td>
<td>$63.3K</td>
<td>1.9K</td>
<td>0</td>
</tr>
<tr>
<td>PENN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/31/24</td>
<td>$1.88</td>
<td>$1.87</td>
<td>$1.86</td>
<td>$16.00</td>
<td>$47.2K</td>
<td>246</td>
<td>376</td>
</tr>
<tr>
<td>PENN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$9.3</td>
<td>$9.15</td>
<td>$9.3</td>
<td>$10.00</td>
<td>$44.6K</td>
<td>103</td>
<td>72</td>
</tr>
</tbody>
</table>

<h3>About PENN Entertainment</h3>
Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands (such as Hollywood Casino and Ameristar), with land-based casinos representing 89% of total sales in 2023 (11% was from the interactive segment, which includes sports, iGaming, and media revenue). The retail portfolio generates mid-30% EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media assets, theScore and ESPN (starting with its partnership launch Nov. 14, 2023), provide access to sports betting/iGaming technology and clientele, helping it form a leading digital position.
Having examined the options trading patterns of PENN Entertainment, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of PENN Entertainment</h3>
<ul>
<li>Trading volume stands at 2,502,884, with PENN's price down by -1.22%, positioned at $16.98.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 6 days.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for PENN Entertainment, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

PENN

This Is What Whales Are Betting On PENN Entertainment

WIIM

LRCX

MPWR

MRVL

Shares of semiconductor and chip stocks are trading higher following strong earnings from Microsoft, which could be lifting AI optimism.

Edwards Lifesciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>) has outperformed the market over the past 15 years by 8.25% on an annualized basis producing an average annual return of 20.43%. Currently, Edwards Lifesciences has a market capitalization of $52.37 billion. 
Buying $1000 In EW: If an investor had bought $1000 of EW stock 15 years ago, it would be worth $16,192.79 today based on a price of $87.00 for EW at the time of writing.
<h3>Edwards Lifesciences's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714152625_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 15 Years Ago Would Be Worth $16,000 Today

TD Cowen analyst Charles Rhyee maintains Teladoc Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>) with a Hold and lowers the price target from $16 to $15.

TDOC

TD Cowen Maintains Hold on Teladoc Health, Lowers Price Target to $15

CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) has outperformed the market over the past 20 years by 9.27% on an annualized basis producing an average annual return of 17.13%. Currently, CoStar Gr has a market capitalization of $36.78 billion. 
Buying $100 In CSGP: If an investor had bought $100 of CSGP stock 20 years ago, it would be worth $2,420.74 today based on a price of $90.07 for CSGP at the time of writing.
<h3>CoStar Gr's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714152620_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CSGP

Here's How Much $100 Invested In CoStar Gr 20 Years Ago Would Be Worth Today

Raymond James analyst Ric Prentiss reiterates ATN International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATNI#NASDAQ">ATNI</a>) with a Strong Buy and lowers the price target from $40 to $32.

Reiteration

ATNI

Raymond James Reiterates Strong Buy on ATN International, Lowers Price Target to $32

Fomento Economico Mexicano S.A.B. De C.V.

Fomento Economico shares are trading higher following a Q1 EPS beat.

SNPS

Synopsys shares are trading higher amid strength in tech stocks following strong earnings in the sector. The company on Wednesday announced a collaboration with TSMC.

TD Cowen analyst Charles Rhyee maintains Icon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLR#NASDAQ">ICLR</a>) with a Buy and raises the price target from $343 to $349.

ICLR

TD Cowen Maintains Buy on Icon, Raises Price Target to $349

Microsoft Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) gaming revenue surged by 51% year-over-year in the third quarter of fiscal 2024, reaching <a href="https://www.benzinga.com/news/24/04/38457745/microsoft-to-rally-over-29-here-are-10-top-analyst-forecasts-for-friday">$5.45 billion. </a>
However, this impressive growth is largely <a href="https://www.microsoft.com/en-us/investor/earnings/fy-2024-q3?ranMID=24542&amp;ranEAID=nOD/rLJHOac&amp;ranSiteID=nOD_rLJHOac-ElVIA5qdcfN8g.GttvKIPg&amp;epi=nOD_rLJHOac-ElVIA5qdcfN8g.GttvKIPg&amp;irgwc=1&amp;OCID=AIDcmm549zy227_aff_7593_1243925&amp;tduid=%28ir__zcb2sfqqpwkfd3hmevkdtgz0q22xdglqm2dhp6tb00%29%287593%29%281243925%29%28nOD_rLJHOac-ElVIA5qdcfN8g.GttvKIPg%29%28%29&amp;irclickid=_zcb2sfqqpwkfd3hmevkdtgz0q22xdglqm2dhp6tb00">attributed</a> to the inclusion of Activision Blizzard and King, owner of successful IPs such as Call of Duty and Candy Crush Saga, which accounted for 55 percentage points of this growth, <a href="https://www.ign.com/articles/xbox-gaming-segment-gets-another-shot-in-the-arm-from-activision-blizzard-in-q3">according </a>to IGN.
See Also: <a href="https://www.benzinga.com/general/gaming/24/04/38451061/microsoft-ceo-satya-nadella-highlights-record-breaking-gaming-performance-expansion-to-nintendo-sw">Microsoft CEO Satya Nadella Highlights Record-Breaking Gaming Performance, Expansion To Nintendo Switch, Sony PlayStation</a>
Xbox content and services revenue increased by 62%, largely due to the inclusion of Activision Blizzard. Excluding Activision Blizzard, the growth would have been only 1%.
<span style="color: rgb(13, 13, 13); font-family: Söhne, ui-sans-serif, system-ui, -apple-system, &quot;Segoe UI&quot;, Roboto, Ubuntu, Cantarell, &quot;Noto Sans&quot;, sans-serif, &quot;Helvetica Neue&quot;, Arial, &quot;Apple Color Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Symbol&quot;, &quot;Noto Color Emoji&quot;; font-size: 16px;">Xbox hardware sales plummeted by a staggering 31% this quarter, marking a significant decline following a lackluster holiday season for Xbox sales last year, IGN reports. Microsoft acknowledged this decline, stating in its earnings filing that the substantial drop was &#8220;driven by lower volume of consoles sold.&#8221;
Microsoft&#8217;s 10-Q report highlights the financial impact of the Activision Blizzard acquisition. Operating expenses surged by $1.3 billion, or 41% year-over-year, with the acquisition contributing 43 percentage points to this increase.
Research and development expenses grew by $669 million, with 9 percentage points of this growth attributed to Activision Blizzard. Additionally, sales, marketing, and general administrative expenses also saw significant increases due to the acquisition.
The acquisition of Activision Blizzard came at a substantial cost beyond the $69 billion purchase price, evident in the increased expenses across various divisions. 
During the earnings call, Xbox projected similar growth for the upcoming quarter, with gaming sales expected to increase in the low-to-mid 40s, driven by Activision Blizzard&#8217;s contribution, according to IGN. However, hardware sales were predicted to continue declining year-over-year, Microsoft CFO Amy Hood said.
Price Action: Microsoft shares were up 2.5% to $409.30 at the time of publication Friday, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. 
Read Next: <a href="https://www.benzinga.com/general/gaming/24/04/38342845/can-blizzard-keep-its-autonomy-post-microsoft-acquisition-no-one-asking-us-to-do-anything-says-wor">Can Blizzard Keep Its Autonomy Post-Microsoft Acquisition? &#8216;No One Asking Us To Do Anything,&#8217; Says World Of Warcraft Exec</a>
Image credits: <a href="https://www.shutterstock.com/es/g/DailyFX">CryptoFX</a> on Shutterstock.

Gaming

MSFT

Microsoft Thanks Call Of Duty, Candy Crush For Sizzling Q3 Gaming Results

Evercore ISI Group analyst Durgesh Chopra maintains Xcel Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>) with a Outperform and raises the price target from $54 to $59.

Evercore ISI Group Maintains Outperform on Xcel Energy, Raises Price Target to $59

Mizuho analyst Gregg Moskowitz reiterated a Buy rating on Salesforce Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) with a price target of $345.
On Friday, the analyst attended Saleforce&#8217;s World Tour in New York City. At the AI-focused event, Salesforce announced the general availability of Einstein Copilot and the Zero Copy Partner Network, which lets users centralize data and metadata from third-party data stores without moving or copying data, and new seller functionality. 
Einstein Copilot headlined the event, but the Zero Copy Partner Network and the incremental sales functionality added to Einstein Copilot are also meaningful, as per the analyst. 
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/m-a/24/04/38357035/whats-going-on-with-salesforce-and-informatica-stock-monday" rel="noreferrer noopener">Salesforce Ends Acquisition Talks with Informatica: What Happened and What&#8217;s Next?</a>
The announcements further illustrate that Salesforce can legitimately monetize GenAI and fortify its competitive position.
Moskowitz&#8217;s checks indicated that most customers are gradually ramping up Data Cloud. That said, at the event, Salesforce called out some significant early successes, including a resort driving a 40% revenue uplift via superior personalization and a large airport that has seen a 30% increase in digital revenue.
The updates reinforced Salesforce&#8217;s competitive moat as a core repository for customer data now that Data Cloud contains a fuller picture of not just a customer&#8217;s first-party sales/marketing data but also the relationships between the data and metadata across multiple data stores, Moskowitz added.
Moskowitz projected first-quarter revenue and adjusted EPS of $9.15 billion and $2.37.
Salesforce stock gained 44% in the past 12 months. Investors can gain exposure to the stock via REX FANG &amp; Innovation Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FEPI#NASDAQ">FEPI</a>) and SmartETFs Advertising &amp; Marketing Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRAD#NYSE">MRAD</a>).
CRM Price Actions: Salesforce shares traded higher by 0.82% at $275.29 at publication on Friday. 
Also Read: <a href="https://www.benzinga.com/government/24/04/38386636/salesforce-pushes-for-transparency-in-ai-emissions-reporting" target="_blank" rel="noreferrer noopener">Salesforce Pushes for Transparency in AI Emissions Reporting</a>
Photo: Shutterstock

FEPI

SmartETFs Advertising & Marketing Technology ETF

MRAD

Salesforce's AI Innovations, Partner Network Expansion Impress Analyst

Imperial Oil Limited&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IMO#NYSE">IMO</a>) reported first-quarter FY24 EPS of C$2.23,&nbsp;higher than C$2.13 a year&nbsp;<a target="_blank" href="https://news.imperialoil.ca/news-releases/news-releases/2024/Imperial-announces-first-quarter-2024-financial-and-operating-results/default.aspx" rel="noreferrer noopener">ago</a>.
Net income declined to C$1.20 billion from C$1.25 billion a year ago, reflecting an expected seasonal decrease in&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">Upstream production volume</a>.
Total revenue and other income stood at C$12.3 billion vs. C$12.1 billion a year ago.
Upstream production averaged 421,000 gross oil-equivalent barrels per day, up from 413,000 gross oil-equivalent barrels per day a year ago. At Kearl asset, quarterly&nbsp;total gross production&nbsp;averaged 277,000 barrels per day (196,000 barrels&nbsp;Imperial&#8217;s&nbsp;share, the highest ever first-quarter production in the&nbsp;asset&#8217;s&nbsp;history),
Downstream throughput averaged 407,000 barrels daily, reflecting&nbsp;Nanticoke&#8217;s&nbsp;highest first-quarter throughput. Refinery capacity utilization was 94%, and petroleum product sales were 450,000 barrels daily.
Average bitumen realized prices increased to C$66.56 per barrel from C$50.33 a year ago, and synthetic crude oil sales&nbsp;price&nbsp;declined to C$93.51&nbsp;from C$102.45 the prior year.
Operating cash flow stood at C$1.08 billion, and capital and exploration expenditures came in at C$496 million in the quarter.
Dividend: The company paid C$278 million in dividends to shareholders in the quarter.&nbsp;
Imperial declared a second-quarter dividend of C$0.60 per share, payable on July 1 to shareholders of record as of June 3.
In March, the company said&nbsp;that the&nbsp;regulatory filings began for the proposed Pathways Alliance carbon capture and storage project, starting with transportation network applications.&nbsp;
Brad Corson, chairman, president&nbsp;and&nbsp;chief executive officer, said,&nbsp;&#8220;The regulatory applications represent an important milestone.&nbsp;Our industry has an important role to play in the energy transition, and Imperial remains well positioned to continue pursuing strategic opportunities to reduce emissions, provide economic benefits for local and Indigenous communities and deliver value for our shareholders.&#8221;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38223559/iea-slashes-oil-demand-forecast-electric-vehicles-and-slowdown-put-brakes-on-growth" rel="noreferrer noopener">IEA Slashes Oil Demand Forecast: Electric Vehicles and Slowdown Put Brakes on Growth</a>
Price Action: IMO shares are trading lower by 0.60% at $70.84 at the last check Friday.
Photo via Shutterstock

Large Cap

Dividends

Production Up, Profit Down: Imperial Oil Navigates Seasonal Trends In Q1

Notable earnings before Thursday's open

Keurig Dr Pepper Q1 2024 Earnings Preview

Keurig Dr Pepper beats top-line and bottom-line estimates; reaffirms FY24 outlook

Keurig Dr Pepper (KDP) just unveiled an update. KDP has announced a significant shift in its leadership as Robert Gamgort steps down as CEO to assu...

Keurig Dr Pepper Announces Leadership Transition and New CEO

Keurig Dr Pepper rallies after earnings topper, new CEO announcement

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Keurig Dr Pepper (NASDAQ:<a href="https://investorplace.com/stock-quotes/kdp-stock-quote/">KDP</a>) just reported results for the first quarter of 2024.<ul><li>Keurig Dr Pepper reported earnings per share of 38 cents. This was above the analyst estimate for EPS of 35 cents.</li><li>The company reported revenue of $3.47 billion.</li><li>This was 1.70% better than the analyst estimate for revenue of $3.41 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/04/kdp-stock-earnings-keurig-dr-pepper-for-q1-of-2024/">KDP Stock Earnings: Keurig Dr Pepper Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

KDP Stock Earnings: Keurig Dr Pepper Beats EPS, Beats Revenue for Q1 2024

Keurig Dr Pepper Inc. (KDP) Q1 2024 Earnings Call Transcript

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Keurig Dr Pepper (KDP – Research Report) and B...

Analysts' Opinions Are Mixed on These Consumer Goods Stocks: Keurig Dr Pepper (KDP) and Boston Beer (SAM)

In a report released today, Nik Modi from RBC Capital maintained a Buy rating on Keurig Dr Pepper (KDP – Research Report), with a price target of $...

RBC Capital Remains a Buy on Keurig Dr Pepper (KDP)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Strategic Education (STRA – Research Report), Darling Ingredi...

Analysts Offer Insights on Consumer Goods Companies: Strategic Education (STRA), Darling Ingredients (DAR) and Keurig Dr Pepper (KDP)

ALLE

ALPMF

AMBP

ARBK

ARCH

ASPS

BASFY

BDRBF

BESIY

BNPQF

CARR

CHKP

EADSF

EQNR

FCFS

FCNCA

HEES

HESM

HLFFF

HOUS

IIIN

IMAX

ITGR

LADR

LECO

LYTS

MBLY

MTLS

NDAQ

NLST

OPRA

OSIS

STRA

Press Releases

Keurig Dr Pepper to Webcast 2024 Strategy Review and Investor Update on March 19

Introducing the Next Chapter of the Keurig® K-Cup® Pod System Product Portfolio

Keurig® Reimagines Single Serve Coffee with the Unveil of its Next-Generation Coffee and Brewer Innovation

Keurig Dr Pepper to Outline Strategy and Value-creation Opportunities at Investor Event

Keurig Dr Pepper to Report First Quarter 2024 Results and Host Conference Call

The Original Donut Shop® Launches Iced Refreshers K-Cup® Pods Designed to be Brewed Over Ice from any Keurig Brewer Just in Time for Spring

Keurig Dr Pepper Reports Q1 2024 Results and Reaffirms Fiscal 2024 Guidance

Embotelladora Andina S.A. Common Stock

Celsius Holdings

The Vita Coco Company, Inc. - Common Stock

Vita Coco

Coca-Cola Consolidated, Inc. - Common Stock

Coca-Cola Consolidated

National Beverage

Fomento Economico Mexicano S.A.B. de C.V. Common Stock

Fomento Economico

Coca-Cola

Coca Cola Femsa S.A.B. de C.V. American Depositary Shares, each representing 10 Units (each Unit consists of 3 Series B Shares and 5 Series L Shares)