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NVDA

Nvidia shares are trading higher by over 5% after the company announced it would build the Israel-1 generative AI cloud supercomputer. Other stocks moving in Tuesday's mid-day session include QualTek Services, T2 Biosystems, Aclarion, Arlington Asset Investment Corp, and GreenLight Biosciences Holdings.

Portfolio Pulse from Lisa Levin

May 30, 2023 | 5:27 pm

CVNA

Carvana (CVNA) sees a sweep of 250 Aug 18 $25 call options trading above ask at $1.12, compared to an open interest of 1327. The stock is currently trading at $13.1951.

Portfolio Pulse from Charles Gross

May 30, 2023 | 5:25 pm

SPY

Richmond Fed President Barkin states that businesses are more willing to increase prices, and this trend will continue until demand falls. He believes inflation will be more stubborn than many people hope.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 5:23 pm

ROST

Ross Stores CEO Barbara Rentler sold 30,000 shares at an average price of $102.39/share, according to a recent Form4 SEC filing.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 5:21 pm

SPY

Richmond Fed President Barkin stated that some parts of the economy appear to be cooling, while others remain vibrant. This mixed outlook may impact the overall market sentiment.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 5:17 pm

F

A whale investor has taken a bullish stance on Ford Motor (NYSE:F), with 53% of detected trades having bullish expectations and 46% bearish. Whales have been targeting a price range of $7.35 to $13.0 for Ford over the last 3 months. Analysts have mixed ratings on the stock, with price targets ranging from $12 to $20.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:16 pm

ABBV

A whale has taken a bearish stance on AbbVie (NYSE:ABBV), with 58% of detected unusual options trades being bearish. Whales have been targeting a price range of $70 to $155 for AbbVie over the last 3 months. The stock is currently down 0.79% at $136.47, and RSI indicators suggest it may be oversold.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:15 pm

SPY

Richmond Fed President Barkin stated that he is looking for signs that demand is falling, which could impact the overall market sentiment.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 5:14 pm

SHY

The implied odds of a Federal Reserve rate increase in June have increased, with a 60% probability of a 25-basis-point hike to 5.25%-5.5%. The preliminary debt ceiling deal, higher-than-expected PCE inflation, and hawkish Fed statements contribute to this expectation. The Ishares 1-3 Year Treasury Bond ETF (NYSE:SHY) has lost nearly 1% over the past two weeks.

Portfolio Pulse from Piero Cingari

May 30, 2023 | 5:07 pm

NVDA

SOUN

Soundhound AI shares are trading higher following NVIDIA's achievement of a $1 trillion market cap, boosting momentum in the AI sector.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 5:07 pm