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AUR

MBLY

Canaccord Genuity analyst George Gianarikas initiated coverage of Mobileye Global Inc (NASDAQ:MBLY) and Aurora Innovation Inc (NASDAQ:AUR) with Buy ratings and price targets of $50 and $5, respectively. Mobileye has a 70% share in the global ADAS market, while Aurora has strong management and potential to dominate the US autonomous trucking market.

Portfolio Pulse from Priya Nigam

June 07, 2023 | 4:22 pm

NVDA

Nvidia Corp (NASDAQ:NVDA) entered the $1 trillion market capitalization club, driven by AI demand. JP Morgan analyst Harlan Sur reiterated an Overweight rating on Nvidia, citing strong data center, automotive, and gaming trends. Nvidia Director Harvey C Jones sold 70,205 shares at an average price of $405.00.

Portfolio Pulse from Anusuya Lahiri

June 07, 2023 | 4:20 pm

CMG

A whale has taken a bullish stance on Chipotle Mexican Grill (NYSE:CMG), with 50% of investors opening trades with bullish expectations and 50% with bearish. Whales have been targeting a price range of $1680 to $2060 for CMG over the last 3 months. TD Cowen maintains an Outperform rating with a price target of $2350, while Argus Research maintains a Buy rating with a price target of $2400.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 4:17 pm

COP

Unusual options activity has been observed for ConocoPhillips (NYSE:COP), with 11 uncommon options trades spotted. The sentiment of these big-money traders is split between 45% bullish and 54% bearish. Whales have been targeting a price range from $70.0 to $115.0 for ConocoPhillips over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 4:16 pm

QQQ

SPY

In the fourth week of Benzinga's experiment, ChatGPT's portfolio outperformed six of the top ten US equity funds, with a gain of 4.51%. The AI-curated portfolio is now in fourth place, competing against heavyweights like SPDR S&P 500 ETF (NYSE:SPY) and Invesco QQQ Trust (NASDAQ:QQQ).

Portfolio Pulse from AJ Fabino

June 07, 2023 | 4:13 pm

MANU

Qatari billionaire Sheikh Jassim bin Hamad al-Thani has submitted a $6.5 billion offer to acquire Manchester United plc (NYSE:MANU), competing with Ineos chief Sir Jim Ratcliffe. The offer includes an additional $1 billion of pledged investment.

Portfolio Pulse from Vandana Singh

June 07, 2023 | 4:13 pm

NVRO

Nevro Corp shares are trading lower as multiple firms lowered their price targets on Tuesday. Citigroup maintained a Neutral rating and reduced its price target from $37 to $27.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 4:10 pm

FVRR

Fiverr Intl has an option alert for Jul 21 $30 calls at the ask price of $1.8 with 220 contracts vs 1940 open interest. Earnings are expected on 8/3 before the market opens.

Portfolio Pulse from Charles Gross

June 07, 2023 | 4:09 pm

STER

Sterling Check announced a secondary public offering of 8 million shares of its common stock by the selling stockholder, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 4:08 pm

VRA

Vera Bradley reported a Q1 FY24 revenue decline of 4.2% YoY to $94.36 million, missing the consensus of $99.67 million. Adjusted EPS was $(0.09) loss, beating the estimate of $(0.20) loss. The company raised its FY24 EPS guidance and maintained its revenue guidance. VRA shares are trading higher by 19.3% at $6.25.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2023 | 4:08 pm