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TPST

Shares of Tempest Therapeutics were halted on a circuit breaker to the upside, with the stock now up 1.93%.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:47 pm

AVGO

A significant investor has taken a bearish stance on Broadcom (NASDAQ:AVGO), with 61% of recent trades being bearish and 38% bullish. The trades have targeted a price range of $840.0 to $1000.0 for Broadcom over the last 3 months. The current price of AVGO is down -2.35% at $881.38. Truist Securities and Susquehanna have downgraded their actions to Buy and Positive respectively, with price targets of $995 and $1010.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 1:46 pm

NVDA

A significant number of investors have taken a bearish stance on NVIDIA (NASDAQ:NVDA), with 72% of the 107 unusual trades detected being bearish. The total amount for puts was $4,202,178 and for calls was $2,697,748. Whales have been targeting a price range from $300.0 to $500.0 for NVIDIA over the last 3 months. The current price of NVDA is down -4.53% at $440.07.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 1:46 pm

AAPL

GOOG

GOOGL

SSNLF

TMUS

According to Ookla's SpeedTest data, T-Mobile US Inc. (NASDAQ:TMUS) offers the fastest mobile internet experience in the US, outperforming rivals AT&T Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ). The fastest smartphone for accessing mobile internet is Apple Inc.'s (NASDAQ:AAPL) iPhone 15 Pro Max. Samsung Electronics Co Ltd.'s (OTCPK: SSNLF) Galaxy S23 Ultra and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Pixel 7 Pro also made the list.

Portfolio Pulse from Rounak Jain

October 17, 2023 | 1:44 pm

AMD

AVGO

INTC

NVDA

STM

The Biden administration plans to halt advanced AI chip shipments to China, causing several semiconductor stocks to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:42 pm

MAIN

Main Street Capital Corp (NYSE:MAIN) has disclosed its Q3 2023 preliminary results, expecting net investment income per share to be $0.98 to $1.00 and distributable net investment income per share to be $1.03 to $1.05. The company's net asset value per share is estimated to be $28.30 to $28.36, an increase of 2.2% to 2.4% from June 30. The company anticipates an annualized return on equity of 17% to 18% for Q3 2023. MAIN shares are trading higher by 0.23% at $40.50 premarket.

Portfolio Pulse from Lekha Gupta

October 17, 2023 | 1:42 pm

ASMB

GILD

Assembly Biosciences and Gilead have entered into a 12-year partnership to advance the research and development of novel antiviral therapies. This has led to a rise in Assembly Biosciences' share prices.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:40 pm

Goldman Sachs CEO, David Solomon, has commented on the current uncertain times in the Middle East and the unfolding crisis. He also mentioned that the IPO market has started to reopen and the US economy has shown more resilience than expected.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:39 pm

AMD

Shares of Advanced Micro Devices Inc (AMD) are trading lower after the Biden administration announced plans to halt advanced AI chip shipments to China. The new rules aim to prevent China from using US AI technologies to strengthen its military. The measures will restrict shipments of advanced chips and chipmaking tools to China, Iran, and Russia. Earlier this year, AMD announced a 'big bet' on the AI boom by integrating AI into its product portfolio.

Portfolio Pulse from Adam Eckert

October 17, 2023 | 1:38 pm

MCD

McDonald's Corp (MCD) is facing a PR crisis due to its Israeli franchisees providing free meals to the Israeli Defense Forces, leading to calls for a boycott. This controversy comes as the company's stock has dropped 16% since July 2023, with 5.31% of that decline happening this month. The Q3 earnings release is scheduled for October 30, with projections at $3.00 per share.

Portfolio Pulse from Zaheer Anwari

October 17, 2023 | 1:37 pm