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CTRA

CVNA

ESTE

FANG

MSFT

PBR

PXD

VRRM

Jim Cramer praised Microsoft as a 'winner' in AI leadership on CNBC's 'Mad Money Lightning Round.' He also discussed Earthstone Energy, Pioneer Natural Resources, Diamondback Energy, Coterra Energy, Verra Mobility, Carvana, and Petróleo Brasileiro.

Portfolio Pulse from Lisa Levin

June 16, 2023 | 12:42 pm

SPY

Fed Governor Waller stated that there could be short-term price impacts due to factors like re-shoring production, but these should not imply ongoing inflationary price increases.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:38 pm

BNMV

BitNile Metaverse (BNMV) announced that it has sold approximately 1.261 million shares of common stock on a reverse-split-adjusted basis through the utilization of the ATM, raising around $3.5 million in gross proceeds, or about $2.77 per share.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:38 pm

CAVA

Cava shares experience post-IPO volatility, causing the stock price to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:37 pm

DSWL

Deswell Industries (NASDAQ:DSWL) announces the passing of Chairman Richard P.H. Lau and the appointment of Chin Pang Li as the new Chairman. Ben Yiu Sing Poon is appointed as interim Director.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:35 pm

ENS

EnerSys expects a compound annual growth rate (CAGR) of 8-10% in net sales from FY23 to FY27 and targets an adjusted EPS of $11-$13 by FY27.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:34 pm

BNMV

BitNile Metaverse (BNMV) has announced the termination of its at-the-market equity program, ending its ongoing stock issuance.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:33 pm

WAB

Wabtec has acquired L&M Radiator, a heavy-duty equipment radiators and heat exchangers manufacturer, for $230 million in cash. The acquisition will help Wabtec expand its installed base and recurring revenue in mining, engine cooling, and heat transfer solutions.

Portfolio Pulse from Shivani Kumaresan

June 16, 2023 | 12:32 pm

PBLA

Panbela Therapeutics announces the pricing of a public offering of 2.27 million shares of common stock or pre-funded warrants and two classes of warrants to purchase up to 4.54 million shares at $3.75 per share. The offering is expected to close on June 21, 2023, and raise approximately $8.5 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:23 pm

ADSK

COST

NVDA

SPGI

Insiders at S&P Global, Autodesk, NVIDIA, and Costco Wholesale have recently sold shares, signaling potential concerns about the companies' prospects or stock overvaluation. These sales can be an opportunity to go short on the stocks but should not be the sole indicator for investment decisions.

Portfolio Pulse from Lisa Levin

June 16, 2023 | 12:22 pm