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Stock Prices

SPY

The Texas Services Sector Outlook for June improved to -8.2 compared to -17.3 in the previous month, indicating a recovery in the sector.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 2:32 pm

AEL

CIR

ENVX

U.S. stocks traded higher on Tuesday, with several companies recording significant gains. American Equity Investment Life Holding Company received a $55 per share acquisition proposal from Brookfield Reinsurance, while Enovix Corporation announced a purchase order to produce battery cells for the U.S. Army. CIRCOR International accepted a proposal from KKR to increase the price of its previously announced definitive merger agreement.

Portfolio Pulse from Lisa Levin

June 27, 2023 | 2:31 pm

HCA

HCA Healthcare (NYSE:HCA) has outperformed the market over the past 10 years, producing an average annual return of 23.16%. A $100 investment in HCA stock 10 years ago would be worth $802.40 today.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 2:30 pm

GWW

W.W. Grainger (NYSE:GWW) has outperformed the market over the past 10 years, producing an average annual return of 11.53%. An investment of $100 in GWW stock 10 years ago would be worth $297.10 today.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 2:30 pm

CVNA

Carvana (CVNA) sees an option alert for August 18th $30 calls at the ask price of $2.17 with 250 contracts, compared to an open interest of 5,903. Earnings are expected on August 3rd after the market closes.

Portfolio Pulse from Charles Gross

June 27, 2023 | 2:29 pm

NVDA

NVIDIA is experiencing significant growth in the AI segment, leading to increased GPU prices, limited supply, and a massive order backlog. The company's GPUs are in high demand for tackling AI, ML, and DNN challenges, with ByteDance alone acquiring $1 billion worth of NVIDIA AI GPUs. The pricing of NVIDIA's H100 GPUs is expected to reach $50,000 per accelerator due to the current market trend.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 2:24 pm

IYE

OIH

VDE

XLE

XOP

Energy sector ETFs, including XLE, OIH, VDE, XOP, and IYE, have experienced over $2.25 billion in outflows recently, with negative flows for most of 2023. However, past instances of outflows exceeding $2.25 billion have generally led to short-term positive responses in XLE.

Portfolio Pulse from Thrasher Analytics

June 27, 2023 | 2:20 pm

PANW

Palo Alto Networks' stock is trading higher after Morgan Stanley maintained an Overweight rating and raised its price target from $255 to $302.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 2:19 pm

AUMN

Golden Minerals Co (AUMN) shares are down 15.26% after announcing a $2.1 million registered direct offering. The company will sell 1,427,587 common stock shares at $1.45 per share and issue unregistered warrants for the purchase of up to 1,427,587 common stock shares at $1.90 per share.

Portfolio Pulse from Henry Khederian

June 27, 2023 | 2:17 pm

SYTA

Siyata Mobile Inc (SYTA) stock is down 40% after the company priced a 50 million share offering at $0.045 per share, expecting to raise approximately $2.25 million in gross proceeds. The offering is set to close on June 28.

Portfolio Pulse from Henry Khederian

June 27, 2023 | 2:16 pm