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DG

DZSI

EU

LE

LXRX

OKTA

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Nasdaq surged over 1% on Thursday, with energy shares rising by 2.2%. Dollar General reported worse-than-expected Q1 results and lowered its FY23 sales growth outlook. U Power, Lands' End, and Reunion Neuroscience saw significant gains, while DZS, Lexicon Pharmaceuticals, and Okta experienced declines.

Portfolio Pulse from Lisa Levin

June 01, 2023 | 6:42 pm

UPST

Upstart Holdings shares are trading higher, possibly due to overall market strength.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 6:41 pm

SDA

SunCar Technology Group shares are trading lower without any company-specific news to explain the recent volatility.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 6:36 pm

NVDA

PATH

TER

Ark Funds has continued selling Nvidia shares since the company reported Q1 financial results. Cathie Wood's Ark Funds sold 23,290 shares of Nvidia from the Ark Autonomous Technology & Robotics ETF, representing around $8.8 million. The proceeds were used to add to positions in Teradyne Inc and UIPATH Inc.

Portfolio Pulse from Chris Katje

June 01, 2023 | 6:36 pm

DKNG

DraftKings shares are trading higher, possibly due to overall market strength following the House passage of a debt limit bill.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 6:26 pm

CCJ

Cameco shares are trading higher amid strength in uranium stocks.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 6:25 pm

CCL

CUK

Carnival Corp (CCL) and (CUK) shares are trading higher by 4.54% amid overall market strength following the House passage of a debt limit bill. The approval of the Fiscal Responsibility Act increases the likelihood of its passage before the June 5 default date. Traders have also revised down rate hike expectations in June due to dovish comments from Fed members.

Portfolio Pulse from Henry Khederian

June 01, 2023 | 6:18 pm

ALGN

Align Technology, Inc. (NASDAQ:ALGN) shares are trading up after Director Kevin Dallas bought 7,000 shares at an average price of $285.26 per share, amounting to $1,996,800. Insider purchases can signal that the stock is about to rise.

Portfolio Pulse from Ryan Gustafson

June 01, 2023 | 6:16 pm

SNDL

SNDL Inc. has provided an update on its proposed transaction with Nova Cannabis Inc. to establish a well-capitalized cannabis retail platform in Canada. The terms have been amended, and SNDL shareholders will receive Nova common shares as part of the distribution. The transaction is expected to close on or before June 30, 2023.

Portfolio Pulse from Joana Scopel

June 01, 2023 | 6:14 pm

ABBV

ABT

CHRS

Mark Cuban's Cost Plus Drug Company partners with Coherus BioSciences to offer Yusimry, a biosimilar of Humira, at a lower cost starting July 2023. The partnership aims to make biologics more affordable for patients and disrupt the high-cost biologic space.

Portfolio Pulse from Chris Katje

June 01, 2023 | 6:13 pm