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QQQ

SPY

Major indices rose following a tentative debt ceiling agreement between the Biden administration and Republicans. NVIDIA reached a $1 trillion market cap, boosting other tech stocks.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 2:38 pm

AI

C3.AI shares are trading higher due to continued strength in AI stocks and overall market strength following a tentative debt ceiling agreement between the Biden administration and Republicans.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 2:37 pm

ETRN

Equitrans Midstream Corp (ETRN) shares surged 37.3% after RBC Capital upgraded the stock from Sector Perform to Outperform and raised its price target from $7 to $10. The upgrade follows Democratic Senator Joe Manchin's inclusion of a provision in the debt-limit deal to expedite the construction of the Mountain Valley Pipeline.

Portfolio Pulse from Henry Khederian

May 30, 2023 | 2:34 pm

AMD

Unusual options activity has been observed for Advanced Micro Devices (NASDAQ:AMD) with 35 uncommon trades, split between 51% bullish and 48% bearish. Whales have been targeting a price range of $90 to $165 for AMD over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 2:32 pm

PDD

A whale investor has taken a bearish stance on PDD Holdings (NASDAQ:PDD), with 70% of detected trades having bearish expectations. Whales have been targeting a price range of $50 to $90 for PDD Holdings over the last 3 months. The stock is currently down 5.6% at $67.42, and RSI indicators suggest it may be approaching overbought.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 2:31 pm

DVN

Unusual options activity has been observed for Devon Energy (NYSE:DVN), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 10 options trades, with 90% being bearish. Whales have been targeting a price range of $40 to $70 for Devon Energy over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 2:30 pm

ENPH

Enphase Energy (ENPH) expands its distribution partnership with Natec in Europe, collaborating to distribute IQ microinverters and batteries across the region. This follows the recent launch of IQ Battery 5P in the US and Puerto Rico, and IQ8 Microinverters in Poland.

Portfolio Pulse from Lekha Gupta

May 30, 2023 | 2:25 pm

PLTR

Palantir Technologies (NYSE:PLTR) shares are up 6.45% to $14.52, with a 21% increase over the last five sessions. The rise is attributed to the strong performance of AI-related stocks, NVIDIA's Q1 earnings, and optimism surrounding debt ceiling talks.

Portfolio Pulse from Henry Khederian

May 30, 2023 | 2:19 pm

CRM

A large bullish position on Salesforce (NYSE:CRM) has been spotted, with 14 uncommon options trades identified by Benzinga's options scanner. The overall sentiment is 64% bullish and 35% bearish, with 2 puts totaling $61,398 and 12 calls totaling $664,926. Whales have been targeting a price range of $200 to $260 for Salesforce over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 2:16 pm

INTC

Benzinga's options scanner detected over 12 options trades for Intel (NASDAQ:INTC) totaling $662,160. Whales have been targeting a price range of $27.0 to $35.0 for Intel over the last 3 months. Goldman Sachs maintains a Sell rating on Intel with a price target of $27.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 2:16 pm