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MIRA

Shares of MIRA Pharmaceuticals were halted on a circuit breaker to the upside, with the stock now up by 70.7%.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 3:30 pm

TSLA

USO

Elon Musk, CEO of Tesla, has refuted a Wall Street Journal report claiming that Tesla and Saudi Arabia are in early talks for an electric vehicle (EV) factory. The report was deemed false by Musk.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 3:28 pm

CVNA

Carvana Co (NYSE:CVNA) shares were trading higher last week amid the United Auto Workers strike. The debt exchange deal announced in August and improving profitability could lend upside to Carvana’s performance in the third and fourth quarters of 2023. Wedbush analyst Seth Basham upgraded the rating for Carvana from Underperform to Neutral, while raising the price target from $40 to $48. Near-term upside may be driven by more favorable industry pricing conditions and loan sales that are tracking to exceed originations.

Portfolio Pulse from Priya Nigam

September 18, 2023 | 3:22 pm

PBR

A significant bearish stance has been taken on Petrobras Brasileiro (NYSE:PBR) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is 75% bearish and 25% bullish. The whales have been targeting a price range from $12.0 to $17.0 for Petrobras Brasileiro over the last 3 months. The price of PBR is currently up 2.99% at $15.65, and the next earnings are expected in 46 days.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:16 pm

SNOW

A significant number of investors have taken a bullish stance on Snowflake (NYSE:SNOW), with 53% of investors opening trades with bullish expectations and 46% with bearish. Whales have been targeting a price range from $150.0 to $170.0 for Snowflake over the last 3 months. The price of SNOW is currently down -1.5% at $159.98. Several experts have maintained or downgraded their ratings on Snowflake, with price targets ranging from $170 to $200.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:15 pm

ACN

Accenture Plc has made a strategic investment in generative AI content platform Writer through Accenture Ventures. Writer is designed to help organizations deploy AI-driven applications to increase productivity and drive business impact across enterprise functions. Accenture started using Writer in 2021 and is now scaling its generative AI capabilities internally and preparing to offer them to clients. Accenture's shares are trading higher by 0.87% at $315.25.

Portfolio Pulse from Shivani Kumaresan

September 18, 2023 | 3:13 pm

MPC

Marathon Petroleum Corp (MPC) shares hit a new 52-week high, trading higher by 1.67% to $156.38. The increase is attributed to the rise in oil prices, which surpassed $90 per barrel. This follows OPEC's maintenance of its growth forecasts and prediction of a supply shortfall, suggesting that global oil supply may not meet demand. MPC can benefit from higher oil prices as it can sell its oil at higher rates, potentially boosting revenues and profits.

Portfolio Pulse from Henry Khederian

September 18, 2023 | 3:11 pm

CHPT

ChargePoint Holdings Inc (NASDAQ:CHPT) shares are trading lower by 4.6% after Goldman Sachs analyst Mark Delaney maintained a Neutral rating and lowered the price target from $10 to $7. The company recently reported worse-than-expected Q2 results, with a net loss of 24 cents per share and quarterly sales of $150.49 million, slightly below the analyst consensus estimate of $153.24 million.

Portfolio Pulse from Henry Khederian

September 18, 2023 | 3:09 pm

AMC

ARM

BASE

BFLY

CGC

CRBU

DCGO

EOSE

FNGR

GCT

GPS

LXRX

MNSO

MRNA

NUVL

RUM

SCLX

TELL

VKTX

Several US stocks recorded losses on Monday, including Scilex Holding Company, Canopy Growth Corporation, Nuvalent, DocGo, GigaCloud Technology, Eos Energy Enterprises, Unity Software, FingerMotion, Rumble, Butterfly Network, Couchbase, Caribou Biosciences, Moderna, Lexicon Pharmaceuticals, Wayfair, The Gap, Viking Therapeutics, AMC Entertainment Holdings, Tellurian, MINISO Group Holding, and Arm Holdings.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 3:08 pm

Seven analysts have provided ratings for BlackLine (NASDAQ:BL) in the last quarter, with an average price target of $61.43, compared to its current price of $55.49. This represents a 4.02% decrease from the previous average price target of $64.00.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:01 pm