Streetbeat News

Stock Prices

NVDA

Hedge fund manager and philanthropist Stanley Druckenmiller believes that Nvidia (NVDA) may be a stock people will want to own for the next 2 or 3 years.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 1:32 pm

BTCUSD

ETHUSD

STXUSD

Bitcoin and Ethereum prices rose following the release of US economic data, with Stacks emerging as the top gainer. The US trade deficit increased to a six-month high of $74.6 billion in April, while the global crypto market cap rose to $1.12 trillion.

Portfolio Pulse from Lisa Levin

June 07, 2023 | 1:31 pm

MRVL

Traders are circulating Wedbush comments expressing uncertainty about the truth of the Taiwan report regarding Marvel shares.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 1:29 pm

PBR

Petroleo Brasileiro (PBR) shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 1:28 pm

MRVL

Traders are circulating comments from Deutsche Bank and Mizuho stating that the Amazon news is not new and is already factored into Marvel's (MRVL) stock numbers.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 1:27 pm

FARM

THS

Treehouse Foods (THS) has agreed to acquire certain assets from Farmer Brothers (FARM) for around $100 million, including FARM's Northlake, Texas coffee facility and non-Direct Store Delivery coffee business. The deal is expected to close in the next 60 days. FARM shares traded higher by 59% premarket on Wednesday.

Portfolio Pulse from Lekha Gupta

June 07, 2023 | 1:27 pm

MU

Micron announces volume production availability of high-capacity 96GB DDR5 RDIMMs with speeds up to 4800MT/s, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 1:27 pm

AAPL

AMZN

COIN

GOOGL

MSFT

NVDA

SPY

TSLA

Market Clubhouse Morning Memo discusses trade strategies for SPY, TSLA, AAPL, NVDA, MSFT, GOOGL, AMZN, and COIN, providing price levels and targets based on their proprietary formula. The Federal Reserve is in a blackout period until the FOMC meeting next week.

Portfolio Pulse from RIPS

June 07, 2023 | 1:27 pm

NFLX

Netflix shares are trading higher after multiple analysts raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 1:25 pm

MRVL

Marvell Technology's shares are trading higher after reports indicate the company has won Amazon's ASIC chip design contract.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 1:24 pm