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TSLA

A proposed fight between Tesla CEO Elon Musk and Meta Platforms CEO Mark Zuckerberg is gaining attention, with both billionaires reportedly serious about entering the ring. Sportsbook operator DraftKings has made initial odds for the fight, with Zuckerberg as the favorite at -160 and Musk as the underdog at +140.

Portfolio Pulse from Chris Katje

June 26, 2023 | 4:23 pm

AGIO

Agios Pharmaceuticals announced that the Phase 2 portion of the RISE UP study of mitapivat in sickle cell disease met its primary endpoint of hemoglobin response. The results support proceeding with the Phase 3 portion of the study. Agios plans to analyze the data further to select a dose for the Phase 3 study, which is expected to enroll 198 patients and report data in 2025.

Portfolio Pulse from Vandana Singh

June 26, 2023 | 4:23 pm

ABVC

ABVC BioPharma shares are trading higher after the company appointed Uttam Yashwant Patil as the new CEO. Patil has served as the COO & CSO of BioKey, Inc., a GMP-certified facility owned by ABVC, and has a strong background in fundraising and plant-based therapeutics.

Portfolio Pulse from Nabaparna Bhattacharya

June 26, 2023 | 4:20 pm

ENFN

Enfusion Inc (NYSE:ENFN) shares are up 20% following a report suggesting the company is attracting takeover interest from private equity firms and strategic buyers, including Francisco Partners, Vista Equity Partners, and Irenic Capital Management. Irenic is in talks with Enfusion's new CEO about a potential transaction at a premium.

Portfolio Pulse from Henry Khederian

June 26, 2023 | 4:20 pm

FL

Foot Locker (FL) sees a surge in Oct 20 $30 call options near the ask price, with 1,555 contracts traded at $1.3 versus 422 open interest. Earnings are expected on August 18 before the market opens.

Portfolio Pulse from Charles Gross

June 26, 2023 | 4:18 pm

AMGN

Amgen Inc.'s (NASDAQ:AMGN) share price is at $224.21, after a 1.28% decrease. The stock has increased by 2.60% over the past month but decreased by 7.93% over the past year. Amgen's P/E ratio is lower than the aggregate P/E of the Biotechnology industry, which could indicate undervaluation or lower future growth expectations.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 4:16 pm

NVDA

NVIDIA shares are trading lower due to potential profit-taking, as the stock pulls back after a significant surge this year driven by optimism around AI.

Portfolio Pulse from Bill Haddad

June 26, 2023 | 4:14 pm

CCL

Carnival Corporation (NYSE:CCL) shares dropped over 9% after reporting Q2 revenue of $4.91 billion, beating the consensus estimate of $4.77 billion, and an adjusted loss of 31 cents per share, beating estimates for a loss of 34 cents per share. Crude oil prices rose, and U.S. stocks traded lower with the Nasdaq dropping around 80 points.

Portfolio Pulse from Lisa Levin

June 26, 2023 | 4:09 pm

CCL

Carnival Corp reported Q2 FY23 sales growth of 104.5% YoY to $4.91 billion, beating the analyst consensus of $4.77 billion. The company raised its FY23 adjusted EBITDA guidance and expects positive net yields for the second half of the year. However, CCL shares are trading lower by 10%.

Portfolio Pulse from Shivani Kumaresan

June 26, 2023 | 4:08 pm

GS

Unusual options activity has been observed for Goldman Sachs Gr (NYSE:GS), with 10 uncommon options trades spotted. The sentiment of these big-money traders is split between 60% bullish and 40% bearish. Whales have been targeting a price range from $280 to $400 for Goldman Sachs Gr over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 4:02 pm