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Stock Prices

HHRS

TNK

UGP

Three energy stocks, Teekay Tankers Ltd. (TNK), Hammerhead Energy Inc. (HHRS), and Ultrapar Participações S.A. (UGP), are considered overbought based on their RSI values, which are above 70. This indicates potential short-term performance issues. TNK recently posted strong quarterly results but saw a slight share price drop. HHRS delivered record production and exceeded type curve assumptions, with a slight share price increase. UGP's stock jumped 25% over the past month and also saw a recent increase in share price.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 12:30 pm

DAVA

Endava (NYSE:DAVA) reported Q1 earnings with an EPS of $0.49, surpassing the estimate of $0.42 by 16.67%. Revenue increased by $7.54 million compared to the same period last year. Despite beating EPS estimates last quarter, the share price fell by 3.11% the following day. Historical earnings and revenue figures were also provided for the past four quarters.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 12:25 pm

DAVA

Endava announced an expected decrease in Q2 constant currency revenue of 8.5%-8.0% and an adjusted EPS of £0.28-£0.29.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:24 pm

BIDU

Baidu CEO Robin Li has expressed concerns about the overinvestment in large language models in China, suggesting it could lead to resource waste. He emphasized the importance of developing practical AI applications rather than focusing solely on foundational models. Despite the release of numerous large models in China, few AI applications have emerged. Baidu's own large language model, Ernie, was made public in August, and Ernie 4.0 was showcased in October. Baidu's stock (BIDU) saw a premarket increase of 2.70% to $112.50.

Portfolio Pulse from Anusuya Lahiri

November 15, 2023 | 12:22 pm

ASA

DBD

INTC

MRCY

Insiders at ASA Gold and Precious Metals, Intel, Mercury Systems, and Diebold Nixdorf have made significant stock purchases. Boaz Weinstein, a 10% owner of ASA, bought shares worth $2.03 million. Intel Director Bu Lip Tan invested $2.5 million in the company's stock. Mercury Systems Director Orlando Carvalho purchased shares for $1.18 million, and Diebold Nixdorf's CEO Octavio Marquez acquired shares valued at $21,500. These purchases may indicate insider confidence despite various challenges faced by the companies.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 12:21 pm

YMAB

HC Wainwright & Co. analyst Robert Burns has reiterated a Buy rating on Y-mAbs Therapeutics (NASDAQ:YMAB) and maintained an $11 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:21 pm

TSLA

XPEV

XPeng Inc (XPEV) reported a 25% year-on-year sales growth in Q3 FY23, surpassing consensus estimates with revenues of $1.17 billion. Adjusted net loss per ADS was better than expected at $(0.44). Vehicle deliveries grew by 35.3% to 40,008 units, driven by strong G6 sales. However, gross and vehicle margins turned negative compared to the previous year. XPeng forecasts a significant increase in Q4 vehicle deliveries and revenue, expecting to beat consensus revenue estimates. Despite the positive outlook, XPEV shares dropped by 1.47% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 15, 2023 | 12:19 pm

DT

Dynatrace (NYSE:DT), a leader in unified observability and security, has announced the start of an underwritten public offering of 10,000,000 shares by certain selling stockholders. These stockholders are also giving the underwriter an option to buy up to an additional 1,500,000 shares within 30 days.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:19 pm

IGMS

HC Wainwright & Co. analyst Robert Burns has maintained a Buy rating on IGM Biosciences (NASDAQ:IGMS) but has reduced the price target from $17 to $11.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:19 pm

OLK

Olink Holding (NASDAQ:OLK) reported Q3 earnings per share (EPS) of $(0.01), surpassing the $(0.08) estimate, and sales of $44.15M, exceeding the $43.24M estimate. The EPS remained the same as last year, while sales saw a significant increase of 38.97% from $31.77M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:14 pm