Streetbeat News

Stock Prices

BLUE

bluebird bio (BLUE) sees a surge in call options for July 21 $5 strike price, with 2,500 contracts traded at $0.3, compared to 752 open interest. Earnings are expected on August 3 after market close.

Portfolio Pulse from Charles Gross

June 13, 2023 | 6:26 pm

DG

EL

TGT

Target, Dollar General, and Estée Lauder hit new 52-week lows on Monday, while the S&P 500 continued to surge. Target faced downgrades and a social media boycott, Dollar General reported disappointing Q1 results and cut its outlook, and Estée Lauder experienced mixed Q3 results and slashed price targets.

Portfolio Pulse from Chris Katje

June 13, 2023 | 6:25 pm

SPY

The White House has stated that there is a cooling in the housing market, indicating a potential slowdown in the sector.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 6:20 pm

DBA

DBB

GLTR

GSG

USO

The Producer Price Index (PPI) inflation data for May is set to be released on June 14, with economists forecasting a decrease to as low as 1.5%. This could provide evidence of a disinflationary trend, potentially impacting future interest rate increases. Commodity ETFs to watch include GSG, DBA, USO, DBB, and GLTR.

Portfolio Pulse from Piero Cingari

June 13, 2023 | 6:16 pm

F

IPX

IperionX (IPX) shares surged over 121% after announcing a Scope of Work agreement to supply Ford Motor Company (F) with titanium components for upcoming Ford Performance vehicles. The partnership aims to accelerate the deployment of a sustainable, circular titanium supply chain for the global automotive market.

Portfolio Pulse from Erica Kollmann

June 13, 2023 | 6:16 pm

ACHR

Archer Aviation has appointed former acting FAA Administrator Billy Nolen as Chief Safety Officer, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 6:15 pm

GNUS

Genius Brands International Inc (NASDAQ:GNUS) announced a name change to Kartoon Studios and plans to transfer its listing from Nasdaq to NYSE, trading under the new ticker symbol 'TOON'. The company also reported the successful launch of 'Shaq's Garage' on Pluto TV.

Portfolio Pulse from Adam Eckert

June 13, 2023 | 6:12 pm

RKLB

Rocket Lab USA (NASDAQ:RKLB) shares are trading higher after the company announced its spacecraft for Varda Space Industries is successfully operating in orbit. The spacecraft, launched on SpaceX's Transporter-8 mission, will provide power, communications, propulsion, and attitude control to Varda's 120kg capsule for producing pharmaceutical products in microgravity.

Portfolio Pulse from Ryan Gustafson

June 13, 2023 | 6:02 pm

ERJ

Analysts have provided ratings for Embraer (NYSE:ERJ) within the last quarter, with 2 bullish, 2 indifferent, and no bearish ratings. The average price target is $19.38, implying an upside from the current price of $16.51.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 6:02 pm

CPA

In the last quarter, Copa Holdings (NYSE:CPA) received 4 bullish and 1 somewhat bullish analyst ratings. The company's average 12-month price target is $140.8, up 11.39% from the previous average of $126.40.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 6:02 pm