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BILI

Bilibili Inc (NASDAQ:BILI) shares are trading lower by 6.19% amid concerns over China's economic recovery following worse-than-expected PMI data and a resurgence of COVID-19 in China.

Portfolio Pulse from Henry Khederian

May 31, 2023 | 6:34 pm

HPE

Hewlett Packard Enterprise (HPE) stock is trading lower after reporting mixed earnings and issuing Q3 guidance below estimates. HPE reported earnings of $6.97 billion, below estimates of $7.31 billion, and EPS of 52 cents beating estimates of 48 cents. Analysts from Barclays, Credit Suisse, and Deutsche Bank have lowered their price targets.

Portfolio Pulse from Erica Kollmann

May 31, 2023 | 6:32 pm

AMAT

Unusual options activity has been observed in Applied Materials (NASDAQ: AMAT), with 72% of investors taking a bearish stance. Whales have targeted a price range of $80 to $150 for AMAT over the last 3 months. The stock is currently down 2.19% at $133.58, and RSI indicators suggest it may be overbought. Analysts maintain positive ratings with price targets ranging from $135 to $150.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:32 pm

LI

A whale investor has taken a bullish stance on Li Auto (NASDAQ:LI), with 66% of detected trades showing bullish expectations. Whales have been targeting a price range of $27 to $33 for Li Auto over the last 3 months. Barclays, B of A Securities, and Citigroup maintain positive ratings on the company.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:31 pm

BP

A whale has taken a bearish stance on BP (NYSE:BP) with 60% of detected trades being bearish. 7 puts amounting to $309,566 and 3 calls amounting to $121,398 were observed. Whales have been targeting a price range of $32.0 to $35.0 for BP over the last 3 months. Raymond James maintains an Outperform rating on BP with a price target of $47.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:31 pm

SPY

The Federal Reserve's May Beige Book highlights a freight recession, persistent job tightness, and sticky inflation. The transportation services industry and commercial real estate sector face significant challenges, while the labor market remains robust and inflation continues to rise at a slower pace.

Portfolio Pulse from Piero Cingari

May 31, 2023 | 6:30 pm

KSS

Kohl's shares are trading lower due to recent calls for a boycott on social media.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 6:29 pm

TOL

Credit Suisse analyst Dan Oppenheim reiterated an Outperform rating on Toll Brothers Inc (NYSE:TOL) with a price target of $73. The analyst increased the 2023 and 2024 EPS estimates based on stronger margins, other income, higher deliveries, and recovery in order trends.

Portfolio Pulse from Shivani Kumaresan

May 31, 2023 | 6:28 pm

VKTX

Viking Therapeutics shares are trading higher after Roth MKM assumed coverage on the stock with a Buy rating and a $32 price target.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 6:27 pm

MNDY

Piper Sander reiterated an Overweight rating on Monday.Com (MNDY) and maintained its $200 price target, causing the stock to trade higher.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 6:25 pm