Streetbeat News

Stock Prices

LEN

Lennar (NYSE:LEN) has received various analyst ratings in the last quarter, with 5 bullish, 3 somewhat bullish, 2 indifferent, and 1 somewhat bearish. The average price target is $137.91, indicating an upside from the current price of $109.94. This average has decreased by 0.94% from the previous average price target of $139.22.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 1:00 pm

MIGI

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) has released its unaudited business and operational update for September 2023. The company reported a growth in self-mining Bitcoin production to 89 BTC, an increase in the number of self-miners hashing to approximately 16,730, and a 17% M/M increase in Energy Market Program Monthly Revenue. However, self-mining monthly revenue reduced by 4% to $2.33M due to increased network difficulty rate and lower average Bitcoin prices.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:53 pm

GLCNF

MRO

Marathon Oil Corp (MRO) has signed a five-year deal with Glencore PLC (GLCNF) to sell a portion of its natural gas produced from the Alba Field in Equatorial Guinea. The deal, which is effective from January 1, 2024, is linked to the Dutch Title Transfer Facility (TTF) index, less a fixed transportation fee. This offers Marathon Oil significant exposure to the European LNG market. MRO also plans to optimize its Equatorial Guinea integrated gas operations in 2024 by redirecting a portion of Alba Unit natural gas from the local methanol facility to the LNG facility.

Portfolio Pulse from Lekha Gupta

October 17, 2023 | 12:52 pm

CMCSA

EWJ

IBKR

UBER

On CNBC's 'Halftime Report Final Trades', Shannon Saccocia recommended iShares MSCI Japan ETF (EWJ) following a surge in Japan's Nikkei 225 Index. Josh Brown expressed continued support for Uber Technologies (UBER), which is expected to report Q3 financial results on Nov. 7, 2023. Joseph Terranova picked Interactive Brokers Group (IBKR), set to release its Q3 financial results on Oct. 17, 2023. Rob Sechan highlighted Comcast Corporation (CMCSA) for its solid core business trends.

Portfolio Pulse from Lisa Levin

October 17, 2023 | 12:52 pm

VSAT

JP Morgan has upgraded ViaSat's stock from Neutral to Overweight, leading to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:51 pm

FTRE

Fortrea's shares are trading higher after a 13F filing revealed that Starboard Value has acquired an 8.7% stake in the company.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:51 pm

OLK

Trading of Olink Holding shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:50 pm

NVDA

The U.S. government will restrict exports of Nvidia's A800 and H800 chips to China under updated export control rules. A limited number of chips for consumer applications will be subject to a notification requirement.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:49 pm

TM

Toyota Motor Corp (NYSE:TM) has temporarily halted operations at three production lines across two domestic assembly plants due to an accident at its supplier, Chuo Spring. The incident, involving a building explosion, has also disrupted the production processes of Toyota Auto Body and Toyota Industries. The setback has impacted the manufacturing of minivans like the Alphard and some Land Cruiser models, including those intended for overseas markets.

Portfolio Pulse from Shivani Kumaresan

October 17, 2023 | 12:42 pm

ASMB

SPRC

WH

Aegis Capital Corp. acted as Exclusive Placement Agent on a $5.0 Million Private Placement for SciSparc Ltd. (NASDAQ:SPRC). Gilead Sciences and Assembly Biosciences announced a 12-year partnership for antiviral therapies, with Assembly Bio to receive $100M upfront payment. Wyndham Hotels & Resorts shares are trading higher after Choice Hotels proposed to acquire the company for $90.00 per share.

Portfolio Pulse from ryanfaloona@benzinga.com

October 17, 2023 | 12:42 pm