Streetbeat News

Stock Prices

BRQS

Borqs Technologies (NASDAQ: BRQS) plans to expand into artificial intelligence solutions, leveraging its IoT expertise across industries. The company aims to develop consumer-oriented devices and solutions with AI capabilities, targeting e-health, sports, education, and asset protection.

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2023 | 3:55 pm

SRDX

Needham has upgraded Surmodics (SRDX) from Hold to Buy and set a $36 price target, causing the stock to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 3:54 pm

GM

General Motors (GM) shares are trading higher by 1.81% to $37.34 following a softer-than-expected CPI report, which showed slowing inflation in May. Lower interest rates can stimulate borrowing and make auto loans more affordable, potentially driving up car sales.

Portfolio Pulse from Henry Khederian

June 13, 2023 | 3:53 pm

NCLH

Norwegian Cruise Line shares are trading higher as multiple firms raised their price targets on the stock this week.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 3:48 pm

NXPI

NXP Semiconductors shares are trading higher amid strength in chip stocks.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 3:46 pm

SPY

VGK

WEAT

Russian President Vladimir Putin announced that Russia is considering withdrawing from the grain deal, potentially impacting global grain markets.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 3:41 pm

ORCL

Oracle Corporation (NYSE:ORCL) shares climbed after reporting better-than-expected FQ4 results. Analysts from Goldman Sachs, Guggenheim Securities, Morgan Stanley, Piper Sandler, and William Blair reacted positively, with most raising their price targets. Oracle's strong performance in SaaS/ERP, accelerating growth in IaaS, and potential to convert on-premise database customers to the cloud contributed to the positive outlook.

Portfolio Pulse from Priya Nigam

June 13, 2023 | 3:40 pm

DIS

Disney has announced delays for the release of 'Avengers,' 'Star Wars,' and 'Avatar' films due to the ongoing pandemic. This decision may impact the company's revenue and stock price.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 3:39 pm

URBN

Urban Outfitters shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $27 to $41.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 3:37 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) shares are trading higher by 5.64% to $14.79 following a softer-than-expected CPI report, which showed slowing inflation in May. Lower interest rates can stimulate borrowing and make auto loans more affordable, potentially driving up car sales.

Portfolio Pulse from Henry Khederian

June 13, 2023 | 3:36 pm