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PODC

Shares of PodcastOne (CourtSide Group), symbol PODC, have started trading at $4.50 per share.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:21 pm

DOCU

Shares of DocuSign Inc (NASDAQ:DOCU) fell despite reporting upbeat Q2 earnings. Analysts from RBC Capital Markets, Wedbush, Evercore, and Needham provided mixed reviews, noting healthy billings outperformance but soft guidance, and concerns over net recurring revenues and customer count. The company's shares declined by 4.87% to $49.61.

Portfolio Pulse from Priya Nigam

September 08, 2023 | 3:18 pm

KR

Kroger's shares are trading higher after a premarket fall due to mixed earnings. The company has also reached an opioid settlement agreement.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:16 pm

WBD

A significant bearish stance has been taken on Warner Bros. Discovery (NASDAQ:WBD) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $2.5 to $20.0 for Warner Bros. Discovery over the last 3 months. Rosenblatt and Truist Securities have downgraded their actions on WBD with price targets of $10 and $17 respectively.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 3:16 pm

UBER

A significant bearish stance on Uber Technologies (NYSE:UBER) has been observed, with 27 uncommon options trades spotted. The sentiment of these big-money traders is split between 40% bullish and 59% bearish. Whales have been targeting a price range from $35.0 to $55.0 for Uber over the last 3 months. Wells Fargo, Loop Capital, and RBC Capital have maintained their positive ratings on Uber, with price targets of $59, $58, and $58 respectively.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 3:16 pm

OXY

A significant bullish stance has been taken on Occidental Petroleum (NYSE:OXY) with 13 uncommon options trades spotted. The sentiment of these big-money traders is split between 53% bullish and 46% bearish. Whales have been targeting a price range from $35.0 to $72.5 for Occidental Petroleum over the last 3 months. The price of OXY is up 1.48% at $65.53. Several experts have given their ratings and price targets on Occidental Petroleum.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 3:16 pm

VLO

Wells Fargo has raised its price target on Valero Energy's stock from $135 to $144, leading to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:14 pm

PL

Planet Labs PBC (NYSE:PL) reported lower than expected earnings for Q2 and issued weak FY24 guidance. The company's shares fell 18.3% following the announcement. Analysts from Needham and Benchmark have subsequently lowered their price targets for Planet Labs.

Portfolio Pulse from Lisa Levin

September 08, 2023 | 3:13 pm

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TSLA

A report from TrendForce indicates a continued decline in EV battery prices due to a decrease in demand. The average price drops of EV square ternary cells, LFP cells, and pouch ternary power cells reached 10%. This has led to a slowdown in battery production and a decrease in energy storage cell prices. The report also indicates a continued drop in the prices of lithium salts and cobalt [II, III] oxide. General Motors' Ultium Cells and Tesla's Cybertruck and Model 3 are mentioned in the context of the EV market.

Portfolio Pulse from Shivani Kumaresan

September 08, 2023 | 3:12 pm

GWRE

Guidewire Software, Inc. (NYSE:GWRE) reported better-than-expected Q4 earnings, with adjusted earnings of 74 cents per share, beating market estimates of 38 cents per share. However, the company issued soft revenue guidance for Q1. Following the earnings announcement, analysts from Wells Fargo, Stifel, and JP Morgan raised their price targets on Guidewire Software.

Portfolio Pulse from Lisa Levin

September 08, 2023 | 3:07 pm