Streetbeat News

Equity Actions

ARM

ARM Holdings' shares are experiencing volatility following the company's recent IPO.

Portfolio Pulse from Bill Haddad

September 29, 2023 | 6:14 pm

AAPL

AMD

ASML

AVGO

MSFT

NVDA

ORCL

SMCI

SNOW

SPT

The article provides a list of 10 Information Technology stocks with whale alerts in today's session. The stocks mentioned are NVDA, MSFT, AMD, ORCL, SNOW, AAPL, SMCI, SPT, AVGO, and ASML. The whale alerts are based on options activity and can indicate potential trading opportunities. The sentiment associated with the options activity varies from bearish to bullish or neutral.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:35 pm

SBUX

A large investor has taken a bullish stance on Starbucks (NASDAQ:SBUX), with 24 uncommon options trades spotted for the company. The sentiment of these big-money traders is split evenly between bullish and bearish. The trades include 21 puts, totalling $817,352, and 3 calls, totalling $459,567. Whales have been targeting a price range from $60.0 to $100.0 for Starbucks over the last 3 months. TD Cowen has downgraded its action to Market Perform with a price target of $107, while Citigroup maintains a Neutral rating with a price target of $104.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:33 pm

UPST

Upstart Holdings, Inc. (NASDAQ:UPST) shares are trading higher, gaining more than 7% for the week despite no company-specific news. A short report by Bleecker Street Research on Upstart Holdings did not affect investors' interest. The stock is trending on Yahoo! Finance. Upstart provides a cloud-based, AI lending platform used to aggregate consumer demand for loans. 36% of UPST shares are being sold short.

Portfolio Pulse from Erica Kollmann

September 29, 2023 | 5:15 pm

PIXY

Shiftpixy has announced a delay in the effective date of its planned reverse stock split. The new date has been set to October 16, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 5:07 pm

FCX

Steve Weiss, a regular guest on CNBC, has sold his shares in Freeport-McMoran (FCX).

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 4:53 pm

FSR

Fisker Inc (NYSE:FSR) plans to offer $170 million in 0% senior unsecured convertible notes due 2025 to an existing institutional investor, resulting in gross proceeds of $150 million. The company may offer an additional $623.3 million in similar notes, potentially raising up to $550 million more. This follows a previous offering of $340 million in July 2023. The capital is expected to accelerate deliveries, expand growth, and expedite vehicle programs.

Portfolio Pulse from Shivani Kumaresan

September 29, 2023 | 4:34 pm

BABA

TCEHY

Despite a week-long sell-off in Hong Kong, six companies, including Tencent-backed Tuhu Car Inc. and AI firm Beijing Fourth Paradigm Technology Co., Ltd., listed on the Hang Seng Index, marking a rare moment of new listings activity. Mobile game operator ZX Inc. was 103 times oversubscribed, representing Hong Kong’s largest oversubscription this year. Tuhu Car, the fourth-largest IPO this year, plans to expand its business in China's growing EV market. Alibaba Group also announced it is spinning off its Cainiao Smart Logistics Network Limited subsidiary in a $1 billion IPO later this year.

Portfolio Pulse from Daniel Harrison

September 29, 2023 | 4:32 pm

RSLS

ReShape Lifesciences has announced the pricing of its $3M public offering at $0.33 per share.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 4:30 pm

WETG

A derivative lawsuit has been filed against certain officers and directors of WeTrade by some shareholders. The suit alleges that the defendants were not directors of the company as of June 30 and that some share issuances were unauthorized.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 4:17 pm