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Stock Prices

TSLA

David Trainer, CEO of New Constructs, suggests that Tesla Inc. (NASDAQ:TSLA) is overvalued by more than 1,000%, citing the company's lackluster production figures and shrinking gross profit margin. However, Dan Ives, CEO of Wedbush, remains bullish on Tesla, comparing its position to Apple's in the late 2000s.

Portfolio Pulse from Benzinga Neuro

July 22, 2023 | 12:01 pm

AAPL

BRK

Warren Buffett's investment in Apple Inc. has seen significant growth this year, with Apple's stock price surging nearly 50%. This has resulted in Berkshire Hathaway’s stake in Apple, which consists of about 916 million shares, ballooning to nearly $180 billion. UBS analyst Brian Meredith estimated that Berkshire’s portfolio appreciated by 10.1% between April 1 and July 16 this year, with 75% of that gain due to its Apple position. Meredith suggested that Berkshire’s stock gains have raised its intrinsic value by 5%, meaning its shares now trade at a 15% discount to the company’s underlying worth.

Portfolio Pulse from Benzinga Neuro

July 22, 2023 | 11:04 am

DOGEUSD

TSLA

Dogecoin (CRYPTO: DOGE) briefly became the world's eighth-largest cryptocurrency after its value rose by more than 10% in a single day. However, the price began to dwindle, causing it to slip back to the ninth position. The surge in Dogecoin's price might be linked to rumors about its potential inclusion in Tesla Inc.’s (NASDAQ:TSLA) payment page source code.

Portfolio Pulse from Ananya Gairola

July 22, 2023 | 7:55 am

TSLA

Tesla's Cybertruck reservations have reached over 1.9 million, potentially earning the company around $194 million in preorder revenue. However, not all preorders may translate into confirmed purchases. Tesla CEO Elon Musk has stated that deliveries will begin later this year, but has not committed to a firm date. The company is currently working on the exterior dimensions of the electric pickup truck. Future Fund's Gary Black, who is bullish on the Cybertruck, believes it will boost demand for all Tesla vehicles.

Portfolio Pulse from Shanthi Rexaline

July 22, 2023 | 3:57 am

AVGO

NVDA

TSLA

Investing champion David Ryan suggests that Tesla's strong performance might be slowing down, pointing out that the company's stock had made three significant moves since June 21, but the latest move occurred in lower trading volume, followed by a pullback with higher-than-average volume. Portfolio manager Irusha Peiris sold a portion of his Tesla stock when it fell below the 21-day line, expressing disappointment in its performance. After Tesla reported its earnings, the company's shares experienced a sharp drop of nearly 10%, causing it to lose around $90 billion in market capitalization.

Portfolio Pulse from Ananya Gairola

July 22, 2023 | 3:11 am

AAPL

GOOG

MSFT

OpenAI has announced the launch of the Android version of the ChatGPT app next week, following its iOS launch in May. The company has included a preorder page in Google Play Store. The announcement comes after reports of a drop in web traffic for ChatGPT and concerns about its performance. In the AI chatbot landscape, ChatGPT is facing competition from Google Bard and Microsoft's Bing.

Portfolio Pulse from Ananya Gairola

July 22, 2023 | 1:51 am

FRSX

KOSS

Several consumer discretionary stocks experienced significant movement in Friday's after-market session. Notable gainers included Koss (KOSS), Phoenix Motor (PEV), F45 Training Holdings (FXLV), Birks Group (BGI), Rush Street Interactive (RSI), and a.k.a. Brands Holding (AKA). On the other hand, Foresight Autonomous (FRSX), Tupperware Brands (TUP), Garrett Motion (GTX), SunCar Tech Gr (SDA), Barnes & Noble Education (BNED), and Elys Game Technology (ELYS) saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 9:32 pm

AMC

APE

ICLK

NCMI

Several communication services stocks experienced significant movement in Friday's after-market session. Notable gainers included AMC Enter Hldgs (AMC), National CineMedia (NCMI), Asset Entities (ASST), Cineverse (CNVS), Kubient (KBNT), and Antelope Ent Hldgs (AEHL). On the other hand, AMC Enter Hldgs (APE), iClick Interactive Asia (ICLK), Treasure Global (TGL), The9 (NCTY), Mobile Global Esports (MGAM), and Vinco Ventures (BBIG) saw their stock prices decrease.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 9:32 pm

ALXO

BDRX

BDX

BPTS

GLSI

NAOV

NSPR

NUWE

RMED

VRAY

VRCA

VRPX

Several healthcare stocks experienced significant movement in Friday's after-market session. Virpax Pharmaceuticals, Nuwellis, NanoVibronix, Greenwich LifeSciences, Becton, Dickinson, and Ra Medical Systems saw gains, while ALX Oncology Holdings, ViewRay, Verrica Pharmaceuticals, Biophytis, InspireMD, and Biodexa Pharmaceuticals experienced losses.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 9:32 pm

CISO

DTSS

HKIT

UTME

In Friday's after-market session, several information technology stocks saw significant movement. Gainers included Datasea (DTSS), CISO Global (CISO), GSE Systems (GVP), Cyngn (CYN), Yext (YEXT), and Powerbridge Technologies (PBTS). Losers included UTime (UTME), Hitek Global (HKIT), Mobilicom (MOB), Rekor Systems (REKR), Aeva Technologies (AEVA), and Interlink Electronics (LINK).

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 9:32 pm