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AMBA

Ambarella Inc (NASDAQ:AMBA) shares dropped despite reporting upbeat Q1 earnings, as investors were concerned about the company's weak Q2 forecast. Analysts from Susquehanna, Needham, and Oppenheimer provided their insights on the earnings release.

Portfolio Pulse from Priya Nigam

May 31, 2023 | 5:19 pm

BIDU

A whale has taken a bearish stance on Baidu (NASDAQ:BIDU) with 61% of the investors having bearish expectations. Whales have been targeting a price range of $100 to $145 for Baidu over the last 3 months. The current price of BIDU is down 1.55% at $121.7.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:17 pm

OXY

A large bearish position on Occidental Petroleum (NYSE:OXY) has been observed, with 69% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $49.0 to $70.0 for OXY over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:17 pm

BX

A whale investor has taken a bullish stance on Blackstone (NYSE:BX), with 70% of detected trades showing bullish expectations. Whales have been targeting a price range of $80 to $100 for Blackstone over the last 3 months. The current price of BX is down 1% at $85.53.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:17 pm

IVA

Inventiva shares are trading higher after Roth MKM initiated coverage on the stock with a Buy rating and an $11 price target.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 5:10 pm

LXRX

Lexicon Pharmaceuticals' stock is trading higher after Citigroup maintained a Buy rating and raised its price target from $6 to $8.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 5:09 pm

FIVN

Mizuho initiated coverage on Five9 with a Buy rating and a $100 price target, leading to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 5:07 pm

MARK

Remark Holdings secured a 30-month recurring revenue subscription contract worth over $6 million to equip Rio De Janeiro police cars with license plate and facial recognition capabilities. The deal establishes credibility for a potential $130 million opportunity in Sao Paulo.

Portfolio Pulse from Akanksha Bakshi

May 31, 2023 | 5:07 pm

CPRI

SPWH

Retail and apparel stocks are trading lower due to weak guidance from Sportsman's Warehouse and Capri Holdings.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 5:07 pm

CI

Unusual options activity has been observed in Cigna Group (NYSE:CI), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 13 options trades, with 12 puts totaling $1,288,120 and 1 call totaling $56,352. The overall sentiment is 30% bullish and 69% bearish.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 5:06 pm