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XPEV

XPeng Inc. (NYSE:XPEV) will present its first flagship MPV model, the XPENG X9, at Auto Guangzhou 2023. The X9, which debuted on XPeng's 2023 Tech Day, features a futuristic design and is built on the SEPA2.0 Smart EV architecture. It includes an 800V high-voltage SiC architecture and XOS Tianji cabin software. XPeng reported a record 20,002 smart EV deliveries in October, a 292% increase year-over-year. The company's Q3 FY23 earnings will be released on November 15, 2023. XPEV shares rose by 4.47% to $16.36.

Portfolio Pulse from Nabaparna Bhattacharya

November 14, 2023 | 3:59 pm

PLUG

Johnson Rice analyst Martin Malloy has downgraded Plug Power (NASDAQ:PLUG) from Buy to Hold and set a new price target of $6.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:55 pm

BTCUSD

Alex Konanykhin, CEO of Unicoin, compared the crypto market to the early days of the Internet at the Benzinga Future of Digital Assets event. He highlighted Bitcoin's growth and the crypto market's peak capitalization, while acknowledging its volatility and current market cap of $1.4 trillion. Konanykhin sees cryptocurrencies as a natural evolution of money and noted the lack of regulations in the sector, referencing the collapse of FTX. He presented Unicoin as a regulated alternative aiming to attract institutional investors.

Portfolio Pulse from Murtuza Merchant

November 14, 2023 | 3:53 pm

HUBS

HubSpot's stock (HUBS) is trading higher following an Overweight rating initiation and a $525 price target from Capital One.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:53 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, GOOGL, NVDA, TSLA, and META, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential support and resistance levels for each asset, suggesting possible targets for bullish and bearish scenarios. Today's trading session is expected to be influenced by CPI data and Fed speakers' comments. The memo is part of Market Clubhouse's membership offerings, which include live market analysis and trading mentorship by a professional trader known as RIPS.

Portfolio Pulse from RIPS

November 14, 2023 | 3:50 pm

ON Semiconductor's stock is trading higher following a Buy rating initiation and a $75 price target from Roth MKM.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:48 pm

ARKK

TARK

TSLA

Tesla, Inc. (TSLA) opened over 5% higher on Tuesday, influencing the Ark Innovation ETF (ARKK) and the AXS 2X Innovation ETF (TARK) to gap up over 4% and 8%, respectively. TARK, which seeks to deliver 200% of the daily performance of ARKK, benefited from Tesla's surge due to ARKK's 8.53% Tesla weighting. Technical analysis suggests TARK may encounter resistance at the 200-day SMA, and bearish traders might look for volume decline to anticipate a potential pullback.

Portfolio Pulse from Melanie Schaffer

November 14, 2023 | 3:48 pm

SBUX

Starbucks Corporation (NASDAQ:SBUX) is facing a strike by Workers United union members at numerous locations on Red Cup day, a significant promotional event. The union describes the day as challenging due to being understaffed. Despite the planned walkout, SBUX shares were up 1.16% at $104.71 recently.

Portfolio Pulse from Shivani Kumaresan

November 14, 2023 | 3:48 pm

DFLI

Roth MKM analyst Craig Irwin downgraded Dragonfly Energy Holdings (DFLI) from Buy to Neutral and set a price target of $0.7.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:48 pm

DNA

Raymond James analyst Rahul Sarugaser has downgraded Ginkgo Bioworks Holdings (NYSE:DNA) from Outperform to Market Perform and set a price target of $2.5.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:45 pm