Streetbeat News

Stock Prices

ON

A whale has taken a bearish stance on ON Semiconductor (NASDAQ:ON) with 80% of detected unusual options trades being bearish. Whales have been targeting a price range of $60 to $110 for ON Semiconductor over the last 3 months. The stock is currently up 5.6% at $88.28.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 7:32 pm

SAN

Banco Santander shares are trading higher amid overall market strength.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 7:25 pm

PRTK

Paratek Pharmaceuticals' stock surges following a report about potential takeover interest, with Gurnet Point Capital being one of the private equity firms considering the acquisition, according to a Betaville 'Rare' alert.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 7:23 pm

DELL

Dell Technologies reported better-than-expected Q1 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 7:22 pm

DELL

NVDA

Dell Technologies reported Q1 revenue of $20.9 billion, down 20% YoY but beating the Street consensus estimate of $20.27 billion. EPS was $1.31, surpassing the estimate of 86 cents per share. The company highlighted AI growth and its collaboration with Nvidia on Project Helix.

Portfolio Pulse from Chris Katje

June 01, 2023 | 7:21 pm

DELL

Dell Technologies shares have resumed trading after a temporary halt.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 7:15 pm

KC

Kingsoft Cloud Holdings Ltd (NASDAQ:KC) shares are trading higher by 19.96% to $5.35 following a positive private survey indicating growth in factory activity during May. The Caixin manufacturing PMI climbed to 50.9 from 49.5 in April, positioning the index above the critical 50 level. This has led to an upward trend in trading for Chinese companies.

Portfolio Pulse from Henry Khederian

June 01, 2023 | 7:13 pm

LULU

Lululemon Athletica (NASDAQ:LULU) is set to release its Q1 financial results after the market closes on Thursday. Analysts estimate earnings of $1.98 per share on revenues of $1.92 billion. Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating and maintained a $425 price target on Lululemon, suggesting a 30% upside.

Portfolio Pulse from Melanie Schaffer

June 01, 2023 | 7:08 pm

TAL

TAL Education Group (NYSE:TAL) shares are up 14.36% after a private survey showed growth in China's factory activity in May. The Caixin manufacturing PMI rose to 50.9 from 49.5 in April, indicating expansion. The US debt ceiling passage also lifted market sentiment.

Portfolio Pulse from Henry Khederian

June 01, 2023 | 7:07 pm

MTCH

Match Group's CEO purchased 31,439 shares of the company, according to a Form 4 filing, leading to an increase in the stock price.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 7:06 pm