Streetbeat News

Stock Prices

BIDU

A whale has taken a bearish stance on Baidu (NASDAQ:BIDU) with 56% of the detected 23 unusual options trades being bearish. The total trade amounts are $132,415 for puts and $928,277 for calls. Whales have been targeting a price range of $120 to $180 for Baidu over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 3:45 pm

MMM

3M's shares are trading higher after reports suggest the company is in a water pollution settlement of at least $10 billion.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 3:37 pm

GM

TSLA

General Motors CEO Mary Barra stated that Tesla does not have a permanent lead in electric vehicle (EV) technology, emphasizing GM's commitment to EVs and its plans to compete in the market.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 3:35 pm

BX

A large bearish position on Blackstone (NYSE:BX) has been noticed on publicly available options history. The overall sentiment of big-money traders is split between 48% bullish and 51% bearish. Whales have been targeting a price range from $80.0 to $125.0 for Blackstone over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 3:31 pm

HLTH

Goldman Sachs downgraded Cue Health's stock from Buy to Neutral and lowered its price target from $2.75 to $0.75, causing the shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 3:30 pm

PRAX

Jefferies initiated a Buy rating on Praxis Precision Medicines and set a $4 price target, causing the stock to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 3:29 pm

GM

General Motors CEO Mary Barra stated that battery costs are currently too high for mass market vehicles, making it difficult to produce affordable electric cars.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 3:27 pm

ZS

Zscaler reported better-than-expected Q3 financial results, leading to multiple firms raising their price targets for the company. As a result, Zscaler shares are trading higher.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 3:17 pm

CLOE

DGLY

Digital Ally's subsidiary, Kustom Entertainment, has entered into a $125 million merger agreement with SPAC Clover Leaf Capital Corp. The combined company will focus on live events and concert production, with Digital Ally remaining an independent public company.

Portfolio Pulse from Akanksha Bakshi

June 02, 2023 | 3:17 pm

WBD

A large bearish position on Warner Bros. Discovery (NASDAQ:WBD) has been spotted, with 80% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $10.0 to $15.0 for WBD over the last 3 months. Analysts have mixed ratings on the stock, with Goldman Sachs maintaining a Buy rating and a price target of $21, while Morgan Stanley maintains an Equal-Weight rating with a price target of $16.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 3:16 pm