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CCL

CUK

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

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 5:48 pm

VALE

A whale investor has taken a bullish stance on Vale (NYSE:VALE), with 70% of detected trades showing bullish expectations. Whales have been targeting a price range of $12.0 to $15.0 for Vale over the last 3 months. The stock is currently up 3.08% at $13.07.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 5:48 pm

VEEV

Veeva Systems (NYSE:VEEV) shares are trading higher after beating earnings expectations and raising its financial guidance for fiscal year 2024. The company reported Q1 EPS of 91 cents, beating the estimated 79 cents, and sales of $526.33 million, above the projected $515.81 million. Several analysts raised price targets following the results.

Portfolio Pulse from Erica Kollmann

June 01, 2023 | 5:45 pm

UUUU

Gordon Johnson has released a note suggesting aggressive addition to all uranium long positions, with traders circulating the note and watching Energy Fuels (UUUU).

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 5:44 pm

LUV

Southwest Airlines CEO revealed that the company has about 40 planes grounded due to pilot constraints and is considering economic uncertainty in its planning. However, no impact on bookings has been observed yet.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 5:44 pm

AMZN

TM

TSLA

WKSP

Tesla's Cybertruck is set to enter production with 1.6 million orders, while Toyota invests $5.9 billion in battery production and plans to assemble electric SUVs in Kentucky. Kia confirms a new pickup for Australia in 2025, and Worksport launches an upgraded tonneau cover, with products available on Amazon and Walmart.

Portfolio Pulse from Upwallstreet

June 01, 2023 | 5:43 pm

PCG

UUUU

Gordon Johnson of GLJ Research suggests aggressively adding to all uranium longs as PG&E faces insufficient uranium fuel for Diablo Canyon and has to buy over 6 million lbs on a short-term contract. The ADVANCE Act, Japan's law to extend reactor lifetimes, and a ban on Russian enriched uranium are also factors.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 5:42 pm

CRDO

MSFT

Mizuho analyst Vijay Rakesh reiterated a Buy rating on Credo Technology Group Holding Ltd (NASDAQ:CRDO) and raised the price target to $18 from $16. Credo's advanced SerDes analog design positions it well against competitors, and it could see multi-year adoption starting with Microsoft Corporation (NASDAQ:MSFT). Q4 earnings aligned with estimates, while sales surpassed expectations.

Portfolio Pulse from Nabaparna Bhattacharya

June 01, 2023 | 5:39 pm

UCAR

U Power Ltd (NASDAQ:UCAR) has entered into a strategic cooperation agreement with Japanese EV maker Quantum Solutions for business development. The agreement includes marketing, R&D of new energy vehicles, financial technologies, battery banks, EV charging, and battery-swapping operations in Japan. UCAR shares are trading higher by 181% at $8.75.

Portfolio Pulse from Shivani Kumaresan

June 01, 2023 | 5:37 pm

BLK

Unusual options activity has been observed for BlackRock (NYSE:BLK), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 12 uncommon options trades, with 41% bullish and 58% bearish sentiment. The total amount for puts is $459,100, and for calls, it is $135,080.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 5:36 pm