Streetbeat News

Stock Prices

NKE

Nike's shares are trading lower after OTR Global downgraded the stock from Positive to Mixed.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 2:35 pm

CRM

Salesforce (NYSE:CRM) has experienced unusual options activity, with 13 strange trades detected. 53% of investors opened trades with bullish expectations, while 46% were bearish. Whales have been targeting a price range of $200 to $230 for Salesforce over the last 3 months. Analysts from various firms have maintained their ratings and price targets on the stock.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 2:34 pm

ASML

A whale has taken a bearish stance on ASML Holding (NASDAQ:ASML) with unusual options activity. 81% of the investors have bearish expectations, with 8 puts totaling $365,846 and 8 calls totaling $507,081. Whales have been targeting a price range of $240 to $780 for ASML over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 2:33 pm

NVDA

Unusual options activity has been observed for NVIDIA (NASDAQ:NVDA), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 71 uncommon options trades, with 25% bullish and 74% bearish sentiment. The total trade price for 20 puts is $1,347,919, and for 51 calls, it is $3,955,067. Whales have been targeting a price range of $300 to $500 for NVIDIA over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 2:33 pm

AAPL

META

MSFT

NFLX

NVDA

QQQ

SPY

TSLA

Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, TSLA, MSFT, NFLX, META, and NVDA. The analysis is based on a proprietary formula that takes into account price, volume, and options flow. The memo suggests monitoring these stocks for potential breakouts or reversals and adjusting tactics based on market conditions.

Portfolio Pulse from RIPS

June 20, 2023 | 2:27 pm

CANO

DICE

QUOT

Eli Lilly agreed to acquire DICE Therapeutics for $48 per share, causing DICE's stock to climb 37.7%. Quotient Technology announced a combination with Neptune Retail Solutions, leading to a 16.4% surge in its shares. Cano Health's CEO Dr. Marlow Hernandez stepped down, and Mark Kent was appointed as interim CEO, resulting in a 12.1% gain in the company's stock.

Portfolio Pulse from Lisa Levin

June 20, 2023 | 2:22 pm

KKR

PYPL

PayPal and KKR sign a multi-year €3 billion replenishing loan commitment to accelerate BNPL loan originations in Europe. KKR's private credit funds will purchase up to €40 billion of BNPL loan receivables originated by PayPal. The deal is expected to generate an initial $1.8 billion in cash for PayPal.

Portfolio Pulse from Akanksha Bakshi

June 20, 2023 | 2:19 pm

CVAC

CureVac (CVAC) sees a sweep of 400 July 21 $10 call options above ask at $1.793, compared to an open interest of 1337. Earnings are estimated to be released on August 17 before the market opens.

Portfolio Pulse from Charles Gross

June 20, 2023 | 2:17 pm

AIRS

BFRG

GFAI

LUNR

WLDS

Fintel's short squeeze leaderboard lists Intuitive Machines, AirSculpt Technologies, Bullfrog AI Holdings, Wearable Devices, and Guardforce AI as the top five short squeeze candidates. Other stocks to watch include Toro Corp, Arrival, Getty Images Holdings, Carvana Co, and Big Lots Inc.

Portfolio Pulse from Chris Katje

June 20, 2023 | 2:10 pm

EM

Smart Share Global Limited (NASDAQ:EM) reported Q1 2023 revenues of $119.81 million, beating analyst consensus of $114.09 million, and adjusted EPS of $0.01, beating the Street view of ($0.02) loss. The company's performance was driven by normalizing offline traffic in China and cost-efficiency initiatives taken last year.

Portfolio Pulse from Nabaparna Bhattacharya

June 20, 2023 | 2:06 pm