Streetbeat News

Stock Prices

LL

LUMN

F9 Investments reported a 9.4018% stake in LL Flooring Holdings and plans to initiate contact with LL management and board to explore a possible combination with CTG. Lumin Technology (LUMN) announced a partnership with Orca Security to provide a comprehensive cloud security management solution for APAC organizations.

Portfolio Pulse from Charles Gross

June 12, 2023 | 10:51 am

BILL

Bill Holdings shares are trading lower after Morgan Stanley downgraded the stock from Overweight to Equal-Weight.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 10:49 am

XPEV

XPeng announced that it has received over 25,000 pre-sale orders in China for its G6 SUV within three days, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 10:48 am

S

SentinelOne's stock is trading higher following an upgrade to overweight by Morgan Stanley, which also raised its price target from $15 to $20.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 10:45 am

ONCR

Oncorus's board has approved the dissolution and liquidation of the company, with a workforce reduction plan impacting substantially all remaining employees, expected to be complete by August 2023. Nasdaq will suspend trading of ONCR's common stock on June 20, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 10:34 am

BTCUSD

ETHUSD

Veteran trader and analyst Peter Brandt has called Ethereum a scam and stated that Bitcoin is the only safe bet in the crypto market. Brandt has been a vocal supporter of Bitcoin for the long term and has previously stated his conviction that Bitcoin will outlast other coins.

Portfolio Pulse from Mehab Qureshi

June 12, 2023 | 10:30 am

TSLA

Tesla shares gained over 14% last week, closing at $244.40 on Friday. The options market indicates resistance at the $250 level and support at $225. The Federal Reserve's policy decision and inflation data release this week may impact the stock.

Portfolio Pulse from Bhavik Nair

June 12, 2023 | 10:27 am

MSFT

ORCL

Oracle Corp. (NYSE:ORCL) is set to release its Q4 results, and Wolfe Research analyst Alex Zukin has upgraded the stock from Peer Perform to Outperform with a price target of $130. Zukin expects accelerating growth from Oracle Cloud Infrastructure (OCI) adoption and AI tailwinds, with OCI potentially doubling its market share by 2025.

Portfolio Pulse from Shanthi Rexaline

June 12, 2023 | 10:17 am

GM

NFLX

NVDA

TSLA

The S&P 500 reached new highs, surpassing the 4,300 level for the first time since August. Tesla and General Motors announced a partnership for GM cars to use Tesla charging stations by 2025. Netflix shares gained 2.6% after a report on increased subscriptions due to its password sharing crackdown. The Nasdaq 100 rose 0.30% with gains in NVIDIA and Tesla shares.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 10:07 am

KDNY

NVS

Chinook Therapeutics' stock is up following Novartis' agreement to acquire the company for $40 per share.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 9:58 am