Streetbeat News

Stock Prices

CVX

Chevron's stock is trading higher following an upgrade from Hold to Buy by HSBC.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 1:59 pm

BIOC

Biocept's trading was halted and resumed at 9:51:11 AM.

Portfolio Pulse from Charles Gross

May 23, 2023 | 1:52 pm

V

A large bullish position on Visa (NYSE:V) has been noticed on publicly available options history. Benzinga's options scanner spotted 12 options trades for Visa, with 75% bullish and 25% bearish sentiment. Whales have been targeting a price range of $220 to $260 for Visa over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 1:46 pm

NVDA

Unusual options activity has been observed for NVIDIA (NASDAQ:NVDA), with 16 uncommon options trades spotted, 62% bullish and 37% bearish. Whales have been targeting a price range of $305 to $405 for NVIDIA over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 1:46 pm

LRCX

TXN

WDC

Blue Line Capital president Bill Baruch and analyst Jannis Meindl discuss the latest macro data and its connection to the AI narrative driving tech stocks higher. They cover Western Digital (WDC), Lam Research (LRCX), and Texas Instruments (TXN).

Portfolio Pulse from Bill Baruch

May 23, 2023 | 1:39 pm

PERI

Spruce Point Capital has raised concerns about Perion Network's financial practices, questioning the company's reporting and growth sustainability. The short seller's report highlights issues such as high revenue and EBITDA per employee, minimal capital expenditure, and opacity in revenue recognition disclosures. Spruce Point reiterated a 'Strong Sell' opinion on PERI, citing a 25%-40% potential downside risk.

Portfolio Pulse from Michael Cohen

May 23, 2023 | 1:38 pm

AAPL

META

NVDA

SPY

TSLA

Market Clubhouse Morning Memo discusses trade strategies for SPY, TSLA, AAPL, META, and NVDA. Jerome Powell's speech today at 12:30PM EST is expected to bring volatility to the markets. Traders should monitor these stocks and be prepared to leverage potential breakouts or reversals.

Portfolio Pulse from RIPS

May 23, 2023 | 1:34 pm

BTCUSD

ETHUSD

KAVAUSD

Bitcoin and Ethereum prices surged above key levels of $27,000 and $1,800, respectively, on Tuesday. Kava emerged as the top gainer with a 24-hour gain of 10.7%, while Frax Share was the biggest loser. The global crypto market cap rose to $1.14 trillion, recording a 24-hour gain of 1.6%.

Portfolio Pulse from Lisa Levin

May 23, 2023 | 1:31 pm

SAIC

Science Applications International Corp. (SAIC) has secured a $249 million IDIQ contract from the U.S. Navy to support the Naval Air Warfare Center Weapons Division's combat instrumentation platforms. SAIC will design and integrate systems, upgrade hardware and software, and provide field service support to over nine test locations.

Portfolio Pulse from Akanksha Bakshi

May 23, 2023 | 1:29 pm

IART

Integra LifeSciences Holdings Corp (IART) has initiated a voluntary global recall of products manufactured in its Boston facility, resulting in an anticipated impairment charge of $22 million for Q2. The company now expects Q2 revenue to be between $372 million and $376 million, and adjusted earnings to be between 55 cents and 59 cents per share.

Portfolio Pulse from Adam Eckert

May 23, 2023 | 1:28 pm