Streetbeat News

Equity Actions

AER

Aercap has repurchased approximately 20 million shares and leased, purchased, and sold 219 assets in Q3 2023.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 11:17 am

VTS

Vitesse expects its Q4 oil & gas production to average 12,300 to 13,000 Boe per day, up from approximately 11,000 Boe per day in Q3 of 2023. This results in FY23 production of 11,500-11,700 Boe. The company's 2023 capital expenditures are now expected to be $110M-$130M.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 11:08 am

CVX

Chevron has been instructed by Israel's Ministry of Energy to halt production at the Tamar production platform. The correct symbol for Chevron is 'CVX'.

Portfolio Pulse from Charles Gross

October 09, 2023 | 11:04 am

CVX

Chevron has been instructed by Israel's Ministry of Energy to halt production at the Tamar production platform, according to a spokesperson cited by Reuters.

Portfolio Pulse from Charles Gross

October 09, 2023 | 10:55 am

FXI

China's Premier Li Qiang has emphasized the importance of self-reliance for the country's tech industry, particularly in the development of integrated circuits, according to Reuters citing Chinese state media.

Portfolio Pulse from Charles Gross

October 09, 2023 | 10:44 am

NVDA

TSLA

Over the weekend, several significant events occurred in the tech, political, and financial sectors. Joe Rogan shared his thoughts on Tesla's Model X Plaid, to which Elon Musk responded. Jim Cramer expressed his intention to hold onto his NVIDIA stock despite misinformation about Microsoft's AI chip. Kevin McCarthy announced his resignation from Congress, and details about Donald Trump's financial maneuvers were revealed.

Portfolio Pulse from Benzinga Neuro

October 09, 2023 | 10:08 am

DIS

Shares of Walt Disney Co. (NASDAQ:DIS) rose in premarket trading following a report that activist investor Nelson Peltz has increased his stake in the company to over $2.5 billion, making him the largest shareholder. Peltz's Trian Fund Management is likely to request multiple seats on Disney's board. This comes despite challenges in Disney's linear TV and streaming businesses, and lower than expected park attendance.

Portfolio Pulse from Shanthi Rexaline

October 09, 2023 | 9:33 am

LII

Goldman Sachs analyst Joe Ritchie has upgraded Lennox Intl (NYSE:LII) from Sell to Buy and announced a price target of $455.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 9:18 am

MSFT

OpenAI CEO Sam Altman believes that future advancements in artificial intelligence could lead to neural devices that visualize thoughts and enable telepathic communication. He suggests that a combination of a neural interface with GPT-5 or 6 could display words in response to thoughts. OpenAI, backed by Microsoft Corp. (NASDAQ:MSFT), is not the only company exploring this technology, with Elon Musk's Neuralink also working on similar devices.

Portfolio Pulse from Rounak Jain

October 09, 2023 | 9:13 am

DIS

Activist investor Nelson Peltz is escalating his attempts to secure board seats at Walt Disney Co (NYSE:DIS) as the company's shares continue to decline. Peltz's firm, Trian Fund Management, has become one of Disney's most significant investors with a stake exceeding $2.5 billion. Despite an unsuccessful attempt to secure a board seat earlier this year, Peltz withdrew his nomination following Disney’s restructuring and cost-cutting plan which momentarily increased the stock value. Since then, Disney’s shares have dropped from over $113 to roughly $80.

Portfolio Pulse from Benzinga Neuro

October 09, 2023 | 7:17 am