Streetbeat News

Stock Prices

AI

DAL

ETRN

F

NVDA

NVIDIA shares rose 4% after announcing the Israel-1 generative AI cloud supercomputer, Ford was upgraded by Jefferies, Delta Airlines saw high travel demand during Memorial Day weekend, Equitrans Midstream gained 40% premarket after a debt limit agreement, and C3.ai shares rose 12% ahead of Q4 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:01 pm

SUI

Sun Communities (NYSE:SUI) has received 1 bullish, 5 somewhat bullish, and 2 indifferent analyst ratings in the last quarter, with an average price target of $157.88, representing an upside from the current price of $128.25.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 1:00 pm

SPY

The USA House Price Index for March increased by 0.6%, beating the estimated 0.2% and slightly lower than the prior month's 0.7%.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:00 pm

AI

NVDA

C3.ai (NYSE:AI) shares are rallying ahead of the company's fiscal Q4 results, expected to report a loss of 17 cents per share on revenue of $71.32 million. The surge follows C3.ai's preliminary results and Nvidia's (NASDAQ:NVDA) strong forecast driven by high demand for AI chips.

Portfolio Pulse from Adam Eckert

May 30, 2023 | 12:59 pm

AMZN

Amazon has delayed its pledge to make 50% of its shipments net-zero carbon by 2030, pushing the goal to 2040. The company had underestimated its carbon footprint and is committed to cutting emissions through electric delivery vans and renewable energy.

Portfolio Pulse from Anusuya Lahiri

May 30, 2023 | 12:59 pm

TM

Toyota Motor Corp's (NYSE:TM) global sales and production in April 2023 increased by nearly 5% Y/Y, driven by strong demand for hybrids and gasoline-powered cars in Japan and China. Sales of hybrids in Japan rose by 59.2% Y/Y, while sales in China jumped 46.3% Y/Y. The automaker also reported better overseas sales of battery electric vehicles (EVs), selling 8,584 units worldwide.

Portfolio Pulse from Anusuya Lahiri

May 30, 2023 | 12:56 pm

NVDA

SFTBF

TSM

Softbank's Arm is focusing on artificial intelligence (AI) ahead of its IPO, launching new products including the Cortex-X4 and Immortalis-G720 to boost smartphone performance. Arm maintains its partnership with Taiwan Semiconductor Manufacturing Company and aims for a high valuation, following NVIDIA's success in the AI market.

Portfolio Pulse from Anusuya Lahiri

May 30, 2023 | 12:54 pm

IOVA

Iovance Biotherapeutics' stock is trading higher after the FDA accepted its Biologics License Application for lifileucel, a TIL therapy for advanced melanoma patients. Analysts from Stifel, Chardan Capital, and HC Wainwright & Co. maintained Buy ratings and raised price targets.

Portfolio Pulse from Adam Eckert

May 30, 2023 | 12:52 pm

IFF

SCCO

TROX

Wall Street's most accurate analysts recommend holding three high-yield dividend materials stocks: Southern Copper Corporation (SCCO), Tronox Holdings (TROX), and International Flavors & Fragrances (IFF). These stocks have dividend yields of 5.93%, 4.38%, and 4.14%, respectively.

Portfolio Pulse from Lisa Levin

May 30, 2023 | 12:51 pm

BABA

SFTBF

SFTBY

Top hedge funds, including Michael Burry's, Moore Capital Management, and Third Point LLC, increased their stakes in Alibaba Group Holding Limited (NYSE:BABA) in Q1. Meanwhile, Asia-based hedge funds, such as Segantii Capital Management Ltd. and Alpine Investment Management Ltd., offloaded nearly half of Alibaba ADRs. Alibaba ADRs have lost value since January due to Softbank Group Corp's (OTC: SFTBF) (OTC: SFTBY) plan to reduce its stake and rising geopolitical tension.

Portfolio Pulse from Anusuya Lahiri

May 30, 2023 | 12:50 pm