Streetbeat News

Stock Prices

BNBUSD

BNB's price has decreased 7.13% over the past 24 hours to $278.77, continuing its downward trend over the past week of -11.0%. Trading volume has increased 175.0% over the past week, and the circulating supply has increased 0.06% to over 157.89 million.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:00 pm

MARA

Marathon Digital Holdings Inc (MARA) shares are down 9.03% this week amid broader weakness in cryptocurrencies. The decline follows SEC lawsuits against Coinbase and Binance for alleged securities violations.

Portfolio Pulse from Henry Khederian

June 06, 2023 | 2:59 pm

CLPR

DBRG

EQR

Three REITs, DigitalBridge Group Inc. (DBRG), Clipper Realty Inc. (CLPR), and Equity Residential (EQR), have received analyst upgrades this week. Keefe, Bruyette & Woods upgraded DBRG to Outperform with a target price of $17.50, Raymond James upgraded CLPR to Outperform with a target price of $7, and BMO Capital Markets upgraded EQR to Market Perform with a target price of $64.

Portfolio Pulse from Ethan Roberts

June 06, 2023 | 2:57 pm

CYBN

IXHL

PSIL

REUN

Cybin Inc. (NYSE:CYBN) has entered into a common share purchase agreement with institutional investor Lincoln Park Capital Fund for the sale of up to $30 million of its common shares. Reunion Neuroscience (NASDAQ:REUN) is set to enter an acquisition agreement with MPM BioImpact for $13.1 million. Incannex Healthcare (NASDAQ:IXHL) adds psychedelics experts to its new Australian clinical venture. AdvisorShares Psychedelics ETF (NYSE:PSIL) shows a consistent upward trend.

Portfolio Pulse from Lara Goldstein

June 06, 2023 | 2:57 pm

AMC

AMC Entertainment Holdings, Inc (NYSE:AMC) stock was trading higher on Tuesday after breaking up from a descending trendline and falling to back test the level as support. The stock has resistance above at $5.23 and $6.33 and support below at $4.31 and $3.56.

Portfolio Pulse from Melanie Schaffer

June 06, 2023 | 2:54 pm

AI

The author discusses a trade setup on C3.ai, Inc. (NYSE: AI) ahead of its earnings release, expecting a pullback after the stock spiked more than 30% on Tuesday. The trade didn't fill, but the author plans to keep an eye on similar opportunities in the future.

Portfolio Pulse from David Pinsen

June 06, 2023 | 2:52 pm

CNP

A golden cross has formed on CenterPoint Energy's (NYSE:CNP) chart, which could be bullish for the stock. The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, signaling a potential change in the long-term trend.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 2:48 pm

INTU

Recent unusual options activity shows a whale taking a bullish stance on Intuit (NASDAQ:INTU). 50% of investors opened trades with bullish expectations, while the other 50% had bearish expectations. Whales have been targeting a price range of $420 to $470 for Intuit over the last 3 months. Several financial institutions maintain Buy or Overweight ratings on Intuit with price targets ranging from $485 to $550.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 2:47 pm

TSM

A whale investor has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM), with 63% of detected trades showing bullish expectations. Whales have been targeting a price range of $80 to $145 for TSM over the last 3 months. Needham downgraded its action to Buy with a price target of $118.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 2:47 pm

PDT

Thursday is the last day for investors to buy John Hancock Premium Div (NYSE:PDT) to be eligible for the next dividend payout of 9.75 cents per share. The stock will go ex-dividend on Friday, and the dividend will be paid out on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 2:47 pm