Streetbeat News

Stock Prices

CVNA

Carvana shares are trading higher following an upgrade in securitizations sponsored by the company, as reported by S&P Global Ratings.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 2:42 pm

ACDC

NOG

PBR

REI

SJT

Benzinga Insights has identified five value stocks in the energy sector with low P/E multiples, including San Juan Basin Royalty, ProFrac Holding, Ring Energy, Petrobras Brasileiro, and Northern Oil & Gas. The list is based on quantified analysis and aims to provide investors with additional insight into the sector.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 2:39 pm

AEHR

Aehr Test System announced a new customer and an initial order for a Fox-XP multi-wafer test and burn-in system for volume production of silicon carbide MOSFET, leading to higher trading of its shares.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 2:38 pm

UCAR

U Power's shares were halted on a circuit breaker to the upside, with the stock now up 142.1%.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 2:36 pm

OCS

Oculis has priced its 3.5 million share offering at $11.50 per share, raising capital for the company.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 2:35 pm

PLTR

Bear Cave has published a short report titled 'Problems At Palantir Technologies', raising concerns about the company's business practices and growth prospects.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 2:33 pm

CAL

Caleres Inc reported Q1 2023 sales decline of 9.8% Y/Y to $662.7 million, missing the consensus of $699.9 million. Famous Footwear segment sales declined 9.2% Y/Y, and Brand Portfolio segment fell 11.0% Y/Y. EPS of $0.97 beat the analyst consensus of $0.93. The company expects near-term pressure to persist at Famous Footwear.

Portfolio Pulse from Lekha Gupta

June 01, 2023 | 2:32 pm

GS

Goldman Sachs President John Waldron announced at Bernstein's 39th Annual Strategic Decisions Conference that the markets business is expected to experience a softer quarter.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 2:32 pm

BABA

Alibaba shares are trading higher by 2.16% to $81.29 despite concerns over China's economic recovery and a potential COVID wave. The manufacturing PMI dropped to 48.8, indicating a contraction, and COVID infections could reach 65 million cases per week by the end of June.

Portfolio Pulse from Henry Khederian

June 01, 2023 | 2:29 pm

WLDS

Wearable Devices Ltd (WLDS) shares surged 40.48% to $2.06 after the company commenced commercial manufacturing of the Mudra Band for the Apple Watch. The stock is trending across social media platforms with heavy trading volume.

Portfolio Pulse from Henry Khederian

June 01, 2023 | 2:29 pm