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MSFT

OpenAI, the Microsoft-backed company behind ChatGPT, has no plans to go public soon, according to CEO Sam Altman. OpenAI has raised $10 billion from Microsoft at a valuation of almost $30 billion.

Portfolio Pulse from Anusuya Lahiri

June 07, 2023 | 12:05 pm

XPO

Over the past 3 months, 17 analysts have published their opinion on XPO Logistics (NYSE:XPO) stock, with an average 12-month price target of $49.06. The average price target has increased by 12.86% over the past month.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 12:04 pm

EFTR

eFFECTOR Therapeutics announced an $8.7 million registered direct offering priced at-the-market under Nasdaq rules.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:04 pm

HCTI

Healthcare Triangle (HCTI) has received a Nasdaq delisting notice and has submitted a request for a hearing to appeal the determination on June 5, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:04 pm

VERA

Vera Therapeutics has initiated a pivotal Phase 3 clinical trial of Atacicept for the treatment of IgA Nephropathy, a rare kidney disease with limited treatment options.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:03 pm

AKRO

In the last quarter, Akero Therapeutics (NASDAQ:AKRO) received 5 bullish analyst ratings with an average price target of $61.4, up 4.96% from the previous average of $58.50. The current price of Akero Therapeutics is $53.24.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 12:01 pm

ALSN

ENPH

SCHW

UBER

CNBC's 'Halftime Report Final Trades' featured recommendations for Charles Schwab Corporation (SCHW), Uber Technologies (UBER), Allison Transmission Holdings (ALSN), and Enphase Energy (ENPH). Analysts have maintained Buy ratings for SCHW and UBER, while ALSN and ENPH have reported positive financial results and expanded partnerships.

Portfolio Pulse from Lisa Levin

June 07, 2023 | 12:01 pm

MARA

VERB

Marathon Digital Holdings has appointed Salman Khan as its new CFO, replacing retiring CFO Hugh Gallagher. Khan previously served as CFO for Verb Technology Company.

Portfolio Pulse from Lekha Gupta

June 07, 2023 | 11:57 am

SBUX

Starbucks plans to attract value-conscious customers in India by offering smaller, cheaper beverages and expanding into smaller towns. The company faces competition from local chains Third Wave and Blue Tokai, which have grown rapidly in recent years.

Portfolio Pulse from Anusuya Lahiri

June 07, 2023 | 11:52 am

BLDE

JOBY

SES

USX

VRT

The most overbought stocks in the industrials sector include SES AI Corporation, Blade Air Mobility, Joby Aviation, Vertiv Holdings, and U.S. Xpress Enterprises. These companies have high RSI values, indicating they may be overvalued and present an opportunity to go short.

Portfolio Pulse from Lisa Levin

June 07, 2023 | 11:49 am