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Stock Prices

AMZN

Over the past 3 months, 39 analysts have published their opinion on Amazon.com (NASDAQ:AMZN) stock, with an average 12-month price target of $135.97. The current average has increased by 1.47% from the previous average price target of $134.00.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 3:00 pm

ADAUSD

Cardano's (ADA) price has increased 4.94% in the past 24 hours to $0.28, despite a 25% loss over the past week. The trading volume has increased 231% over the past week, and the current market cap ranking for ADA is #8 at $9.83 billion.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 3:00 pm

MCOM

Micromobility.com (NASDAQ:MCOM) shares surged over 60% on high volume after announcing a Letter of Intent to merge with EVMO, Inc., a provider of fleet management and vehicle rentals for the rideshare and delivery gig economy. The company also reported an extension of its operating permit in Austin, Texas, allowing it to operate a fleet of 1,750 seated scooters.

Portfolio Pulse from Erica Kollmann

June 12, 2023 | 3:00 pm

AMZN

Amazon shares are trading higher after BofA Securities raised its price target on the stock from $139 to $154, citing margin expansion ahead. Analyst Justin Post believes margins will improve this year and in 2024 due to efficiency in fulfillment warehouses, logistics facility optimization, and growth in advertising.

Portfolio Pulse from Adam Eckert

June 12, 2023 | 2:58 pm

NVDA

Nvidia's strategic investments, such as participating in Cohere's $270 million Series C funding round, have reinforced its growing influence in the AI industry. The company's stock value surged by over 24% following its earnings announcement and a further 4% increase.

Portfolio Pulse from Zaheer Anwari

June 12, 2023 | 2:57 pm

AFRM

Affirm Holdings (AFRM) has an option alert for July 21 $22.5 calls sweep with 710 contracts near the ask price of $0.8, compared to an open interest of 1292 contracts. The stock is currently trading at $17.835.

Portfolio Pulse from Charles Gross

June 12, 2023 | 2:56 pm

MEOH

NDAQ

US stocks traded higher on Monday, with the Nasdaq Composite rising around 70 points. However, several big stocks recorded losses, including Nasdaq, Inc., which fell 10.9% after announcing the acquisition of Adenza for $10.5 billion in cash and stock. Methanex Corporation also dropped 7.9% after being downgraded by Scotiabank.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 2:52 pm

URI

A bearish 'death cross' has formed on United Rentals' (NYSE:URI) chart, indicating a potential downward trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average. United Rentals is trading around $389.70 at publication time.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 2:51 pm

TMO

A bearish 'death cross' has formed on Thermo Fisher Scientific's (NYSE:TMO) chart, indicating potential trouble ahead for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, suggesting a change in the long-term trend.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 2:51 pm

BIP

A golden cross has formed on Brookfield Infrastructure Partners' (NYSE:BIP) chart, indicating a potential bullish trend for the stock. The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, suggesting a change in the long-term trend.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 2:50 pm