Streetbeat News

Stock Prices

TSLA

Tesla's supplier, CNGR, is considering an initial public offering (IPO) for its battery metal unit in Indonesia, according to Bloomberg.

Portfolio Pulse from Charles Gross

September 14, 2023 | 9:39 am

HPQ

Warren Buffett has reportedly sold 5,502,172 shares of HP at an average price of $28.81 per share, according to a Form 4 filing.

Portfolio Pulse from Charles Gross

September 14, 2023 | 9:33 am

ARCE

JP Morgan analyst Marcelo Santos has downgraded Arco Platform (NASDAQ:ARCE) from Overweight to Neutral and lowered the price target from $17 to $14.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 9:10 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) stock has regained momentum following a positive analyst rerating. Datatrek co-founder Nicholas Colas suggests that Tesla could use its $23 billion cash balance to increase its competitive positioning in the EV market. However, Future Fund's Managing Partner Gary Black disagrees, stating that Tesla is not capital-constrained and could initiate a buyback instead.

Portfolio Pulse from Shanthi Rexaline

September 14, 2023 | 8:58 am

FSLR

BMO Capital analyst Ameet Thakkar has upgraded First Solar (NASDAQ:FSLR) from Market Perform to Outperform and announced a price target of $237.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:58 am

CDLX

FNGR

OCG

SCPL

VOD

The article lists five overbought stocks in the communication services sector that may be worth selling in Q3. These include Oriental Culture Holding LTD (OCG), FingerMotion, Inc. (FNGR), Vodafone Group Public Limited Company (VOD), Cardlytics, Inc. (CDLX), and SciPlay Corporation (SCPL). The overbought status is determined by the Relative Strength Index (RSI), which is above 70 for all these stocks.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 8:43 am

ADBE

CPRT

IBEX

LEN

SMTC

Lennar Corporation, Semtech Corporation, Adobe Inc., IBEX Limited, and Copart, Inc. are the stocks to watch heading into Thursday. Lennar and Copart are expected to report their quarterly earnings, while Semtech and IBEX have reported mixed results. Adobe is also expected to release its earnings.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 8:20 am

ULCC

TD Cowen analyst Helane Becker has downgraded Frontier Group Holdings (NASDAQ:ULCC) from Outperform to Market Perform and lowered the price target from $12 to $8.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:12 am

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a 65% increase in its burn rate, with over 61 million of its tokens burned in the last 24 hours. This comes as Shiba Inu whales continue to accumulate SHIB tokens, indicating their growing interest in the digital asset at its current price. The net flow of tokens held by large holders has surged by 275% over the past week. Shiba Inu’s Shibarium announced a new partnership with the Italy-based fast food franchise, Welly.

Portfolio Pulse from Mehab Qureshi

September 14, 2023 | 7:44 am

ADBE

CBRL

CPRT

LEN

The CNN Money Fear and Greed index showed a decline in investor sentiment following higher-than-expected inflation data for August. Cracker Barrel Old Country Store Inc reported Q4 FY23 revenue growth of 0.8% YoY, missing analyst consensus. Investors are awaiting earnings results from Lennar Corporation, Adobe Inc., and Copart, Inc.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 7:28 am