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Stock Prices

BIOL

CMND

FWBI

IBEX

MYTE

PFSW

U.S. stocks traded higher with the Nasdaq Composite gaining around 100 points. Energy shares jumped by 1.2%. First Wave BioPharma, PFSweb, and MYT Netherlands Parent shares rose significantly after positive news. However, IBEX Limited, Clearmind Medicine, and BIOLASE shares dropped due to negative financial results and public offerings. Oil traded up 1.7% to $90.04.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 4:19 pm

FCX

A significant bearish stance has been taken on Freeport-McMoRan (NYSE:FCX) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $34.0 to $47.0 for Freeport-McMoRan over the last 3 months. The price of FCX is currently up 3.01% at $40.94, with RSI indicators suggesting the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 4:17 pm

T

AT&T expects its Q3 free cash flow to be in the range of $4.5B-$5.0B. The company continues to execute well on its sustainable long-term growth strategy and remains on track to generate FY free cash flow of better than $16B.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 4:14 pm

ARM

Arm Holdings' American Depositary Shares (ADSs) have started trading at $56.10, which is higher than their initial pricing at $51 per ADS.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 4:09 pm

HPQ

The correct ticker symbol for HP is 'HPQ'.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 4:08 pm

F

GM

STLA

TSLA

The United Auto Workers (UAW) union is demanding a 36% increase in salary from the 'big three' auto manufacturers — General Motors (GM), Ford (F), and Stellantis (STLA) — who have offered roughly half that. If no agreement is reached by the end of the day, a strike is likely, which would be the first simultaneous strike in UAW's 80-year history. This could cost the U.S. economy billions and add further strain to an economy already dealing with high inflation. Tesla (TSLA), not represented by a union, does not face this challenge.

Portfolio Pulse from Anthony Noto

September 14, 2023 | 4:03 pm

NKLA

Nikola Corporation (NASDAQ:NKLA) shares are recovering after a significant drop due to multiple fires involving the company's electric vehicles. The company's CEO, Steve Girsky, addressed these issues and shared an optimistic view of Nikola's future during a recent webcast. Girsky highlighted the company's hydrogen fuel cell vehicles and infrastructure ambitions, which are unaffected by the battery-electric vehicle recall. He also emphasized strong consumer demand and the impact of state and federal EV rebates and incentive programs.

Portfolio Pulse from Erica Kollmann

September 14, 2023 | 4:02 pm

V

Visa has announced that it is exploring a potential exchange offer for its Class B common stock, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 4:01 pm

ARM

Arm Holdings' shares are indicated at $56.25 on a volume of 12.1 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 4:01 pm

RGA

Analysts have provided various ratings for Reinsurance Gr (NYSE:RGA) within the last quarter, with 1 bullish, 2 somewhat bullish, and 4 indifferent. The average 12-month price target for the company is $162.86, a 1.47% decrease from the previous average price target of $165.29.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 4:01 pm