Streetbeat News

Stock Prices

DIS

A large bearish position on Walt Disney (NYSE:DIS) has been spotted on Benzinga's options scanner, with 11 options trades identified. The overall sentiment of these big-money traders is 27% bullish and 72% bearish. Whales have been targeting a price range from $85.0 to $125.0 for Walt Disney over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 2:32 pm

AMZN

DISH

T

AT&T shares are trading 0.45% higher at $15.71, recovering from last week's volatility due to reports of DISH Network potentially selling wireless plans through Amazon. AT&T's stock has declined 10.31% in the past month after Q1 earnings showed cash flow below expectations.

Portfolio Pulse from Henry Khederian

May 31, 2023 | 2:31 pm

MS

A whale has taken a bearish stance on Morgan Stanley (NYSE:MS), with 70% of detected unusual options trades being bearish. The total amount for puts is $353,245, while calls amount to $59,188. Whales have been targeting a price range of $83 to $100 for Morgan Stanley over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 2:31 pm

INTC

Intel executives, including CFO David Zinsner and EVP Sandra Rivera, will participate in upcoming investor events at TD Cowen's 51st Annual Technology, Media & Telecom Conference and BofA Securities 2023 Global Technology Conference. They will discuss Intel's business and financial strategy.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 2:29 pm

AAP

BLTE

CXAI

LL

LPTV

SDA

SPWH

TRMR

US stocks traded lower with the Dow Jones dropping over 200 points, NASDAQ falling 0.45%, and S&P 500 dropping 0.65%. Chicago PMI declined to 40.4 points in May. Loop Media and Tremor International gained, while financial shares fell 1.5%. SunCar Technology, CXApp, and LL Flooring shares rose, while Belite Bio, Advance Auto Parts, and Sportsman's Warehouse shares dropped.

Portfolio Pulse from Lisa Levin

May 31, 2023 | 2:28 pm

SDA

SunCar Technology shares have resumed trading after a temporary halt.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 2:26 pm

TWLO

Activist investment firm Legion Partners is pressing for changes at cloud services provider Twilio Inc. (NYSE:TWLO), urging for board reforms and potential divestitures. CEO Jeff Lawson's supervoting shares are set to expire in less than a month, which could increase the company's susceptibility to shareholder pressure.

Portfolio Pulse from Michael Cohen

May 31, 2023 | 2:24 pm

AMZN

Amazon's stock topped out at $122.92 on Tuesday, following an 8% run after breaking a bull flag pattern. The stock is currently trading within an uptrend pattern, which may continue until a lower low is formed. Another bull flag pattern may be forming, suggesting a potential 8% rise towards $130.

Portfolio Pulse from Melanie Schaffer

May 31, 2023 | 2:23 pm

AMSC

American Superconductor Corporation (NASDAQ:AMSC) has secured a $20 million contract to supply wind turbine electrical control systems (ECS) to India's Inox Wind Limited. The order includes 2 MW and 3 MW ECS, with shipments expected during fiscal year 2023.

Portfolio Pulse from Shivani Kumaresan

May 31, 2023 | 2:23 pm

SDA

SunCar Technology shares were halted on a circuit breaker to the upside, with the stock now up 56.4%.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 2:21 pm