Streetbeat News

Stock Prices

QQQ

SPY

Major Wall Street indices ended in the green on Tuesday following the May CPI report, with SPY and QQQ rising 0.66% and 0.77% respectively. Investors are awaiting the Federal Reserve's June policy announcement, and options market data suggests crucial trading levels for SPY and QQQ.

Portfolio Pulse from Bhavik Nair

June 14, 2023 | 11:00 am

TM

Toyota Motor shares are trading higher after shareholders vote down and reject the climate resolution.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 10:59 am

F

GM

STLA

TSLA

Tesla's stock is set to extend its 13-session winning streak, driven by charging infrastructure partnerships with Ford and General Motors, Stellantis considering Tesla's North American Charging Standard, and a $250 price increase for the Model Y all-wheel drive variant.

Portfolio Pulse from Shanthi Rexaline

June 14, 2023 | 10:54 am

BENF

HUM

KURA

LOGI

MVIS

RDNT

UNH

Several big stocks are moving lower in Wednesday's pre-market session, including MicroVision, RadNet, Logitech, Kura Oncology, Humana, Beneficient, and UnitedHealth Group.

Portfolio Pulse from Lisa Levin

June 14, 2023 | 10:50 am

GCT

GigaCloud Technology Inc (NASDAQ:GCT) has approved a $25 million share repurchase program for its Class A ordinary shares over the next 12 months. The company plans to fund the repurchases from its existing cash balance of $164.2 million.

Portfolio Pulse from Shivani Kumaresan

June 14, 2023 | 10:48 am

TM

Toyota shareholders voted down a climate resolution, supporting the board at the AGM. This comes a day after Toyota unveiled its electric vehicle technology plan. The resolution, proposed by three European asset managers, called for more transparency and disclosure on climate lobbying.

Portfolio Pulse from Shivani Kumaresan

June 14, 2023 | 10:36 am

CBNK

SBCF

Capital Bancorp Inc (NASDAQ:CBNK) has appointed Jennings 'Jay' Walker as its new CFO, effective June 26, 2023. Walker previously worked at Seacoast Banking Corp of Florida (NASDAQ:SBCF) for over 12 years. In Q1 2023, CBNK reported an EPS of $0.68, beating the consensus of $0.60.

Portfolio Pulse from Lekha Gupta

June 14, 2023 | 10:16 am

AMD

QQQ

SPY

TSLA

Stock futures are mixed ahead of the Federal Open Market Committee meeting, with the market pricing in a hawkish undertone at Chair Jerome Powell's post-meeting press conference. The resilience of the economy has been surprising, according to Chris Zaccarelli, Chief Investment Officer at Independent Advisor Alliance. In premarket trading, SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) gained, while Tesla (TSLA) and Advanced Micro Devices (AMD) shares also rose.

Portfolio Pulse from Shanthi Rexaline

June 14, 2023 | 10:08 am

GCT

GigaCloud Technology (GCT) has announced a $25 million share buyback program, signaling the company's confidence in its future growth and stock performance.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 10:03 am

ENSC

Ensysce Biosciences has regained compliance with the equity requirement in Nasdaq Listing Rule 5550(B)(10), as notified by Nasdaq on June 13.

Portfolio Pulse from Charles Gross

June 14, 2023 | 10:03 am