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Stock Prices

TSLA

Jefferies analyst Philippe Houchois has maintained a Hold rating on Tesla (NASDAQ:TSLA) but reduced the price target from $250 to $210.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 3:43 pm

ETHUSD

Kronos Research, a Taiwanese trading firm, experienced a security breach resulting in the theft of over $25 million worth of Ether tokens. The incident led to a temporary suspension of trading activities on WOO X, an exchange incubated by Kronos. The firm is working to resume normal operations, and WOO X has since restarted trading and withdrawals, assuring clients that customer assets are secure.

Portfolio Pulse from Murtuza Merchant

November 20, 2023 | 3:43 pm

LPTX

Mizuho analyst Mara Goldstein has maintained a Buy rating on Leap Therapeutics (NASDAQ:LPTX) but has reduced the price target from $20 to $12.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 3:40 pm

GOOG

GOOGL

META

MSFT

Meta Platforms, Inc. (META) has disbanded its Responsible AI (RAI) team, reallocating most members to its Generative AI product division and others to the AI Infrastructure team. This move follows the company's introduction of AI features and a shift in focus towards AI, as indicated by CEO Mark Zuckerberg's recent emphasis over the metaverse. Competitors like Alphabet Inc. (GOOG, GOOGL) and Microsoft Corp. (MSFT) have called for AI regulation. META's stock saw a slight increase in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 20, 2023 | 3:38 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, GOOGL, TSLA, META, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential support and resistance levels for each asset, suggesting possible breakouts or reversals. Microsoft is noted for a premarket spike due to a new AI team, while NVIDIA's upcoming earnings announcement is highlighted as a key event. The focus for the week is on AI and technology companies, with traders advised to stay alert for market movements.

Portfolio Pulse from RIPS

November 20, 2023 | 3:37 pm

FIVN

Piper Sandler analyst James Fish has maintained an Overweight rating on Five9 (NASDAQ:FIVN) and increased the price target from $77 to $84.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 3:35 pm

AMZN

Amazon.com, Inc. (NASDAQ:AMZN) has launched 'AI Ready,' a program to provide free AI training to 2 million people by 2025. The initiative includes free courses, a scholarship with AWS, and a partnership with Code.org. AWS will offer over $12 million in Udacity scholarships to students from underserved communities. Additionally, Amazon has introduced the Hour of Code Dance Party: AI Edition in collaboration with Amazon Future Engineer and Code.org. Amazon's CEO Andy Jassy sees generative AI as a potential source of 'tens of billions in revenues.' AMZN stock saw a slight increase of 0.05% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 20, 2023 | 3:33 pm

CDE

FNLPF

Coeur Mining, Inc. (NYSE:CDE) has acquired mining concessions near its Palmarejo gold-silver complex in Mexico from a subsidiary of Fresnillo plc (OTC:FNLPF) for $25 million in cash and future royalties. The concessions span nearly 7,000 acres and are adjacent to two primary zones within Palmarejo. The transaction is expected to increase Coeur's land holdings by 20% and create a contiguous district of over 70,000 acres. Coeur had $53.22 million in cash and equivalents as of September 30, 2023. CDE shares rose 0.99% to $2.5450.

Portfolio Pulse from Shivani Kumaresan

November 20, 2023 | 3:32 pm

GOVT

U.S. Treasury Secretary Janet Yellen stated in a CNBC interview that there has been 'considerable progress' in the fight against inflation, attributing this success to recent legislation such as the Infrastructure bill, Chips and Science Act, and Inflation Reduction Act. She also emphasized the importance of supporting Ukraine and Israel for U.S. national security. Following her remarks, U.S. Treasury yields remained stable, and the iShares 20+ Year Treasury Bond ETF and iShares U.S. Treasury Bond ETF (GOVT) saw a slight decline.

Portfolio Pulse from Piero Cingari

November 20, 2023 | 3:31 pm

MIRA

MIRA Pharmaceuticals shares have resumed trading after a temporary halt. The article does not provide details on the reasons for the halt or the implications for the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 3:31 pm