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OXY

A large investor has taken a bullish stance on Occidental Petroleum (NYSE:OXY), with Benzinga's options scanner spotting 12 uncommon options trades. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range of $52.5 to $65.0 for Occidental Petroleum over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 8:16 pm

BABA

BIDU

BILI

JD

Alibaba's stock gained on Monday as China kept its benchmark lending rate unchanged at 3.5%. The company reported better-than-expected Q4 FY22 revenue and earnings, easing investor concerns over China's post-Covid recovery. Other Chinese tech stocks like Baidu, JD.com, and Bilibili also gained.

Portfolio Pulse from Anusuya Lahiri

May 22, 2023 | 8:15 pm

NVDA

Wedbush analyst Matt Bryson raises Nvidia's price target from $216 to $290, expecting the company to exceed current targets and offer a robust forward outlook. However, he questions the magnitude and nature of Nvidia's upside. The analyst's checks suggest strong activity in gaming and data center business, but H100 constraints may limit the magnitude of the upside.

Portfolio Pulse from Anusuya Lahiri

May 22, 2023 | 8:12 pm

WGS

GeneDx (NASDAQ:WGS) has regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share after a 1-for-33 reverse stock split. The company's Class A common stock had a closing bid price at or above $1.00 for ten consecutive business days.

Portfolio Pulse from Happy Mohamed

May 22, 2023 | 8:11 pm

ZM

Zoom reported approximately 215,900 enterprise customers at the end of Q1, a 9% YoY increase. The online average monthly churn rate was 3.1%, down 50 basis points from last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 8:10 pm

CSWC

Capital Southwest (NASDAQ:CSWC) reported Q4 earnings with an EPS of $0.65, beating estimates by 6.56%. Revenue was up $16.16 million YoY. The company has a history of beating EPS estimates and experiencing share price increases.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 8:10 pm

RVYL

Ryvyl (NASDAQ:RVYL) reported Q1 earnings with an EPS of $-0.15, missing estimates by 87.5%. Revenue was up $6.39 million YoY. Last quarter, the company missed EPS by $0.22, resulting in a 4.51% share price drop the next day.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 8:10 pm

ZM

Zoom has raised its FY24 adjusted EPS guidance to $4.25-$4.31, up from the previous estimate of $4.22, and increased its total revenue forecast to $4.465B-$4.485B, compared to the $4.45B estimate.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 8:09 pm

ZM

Zoom expects Q2 adjusted EPS of $1.04-$1.06, in line with the $1.05 estimate, and total revenue of $1.11B-$1.115B, matching the $1.11B estimate.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 8:08 pm

HLIT

Harmonic Inc. (NASDAQ:HLIT) has appointed Walter Jankovic as its new chief financial officer, effective immediately. Jankovic brings over 30 years of executive experience from leading technology companies, including Lumentum and Oclaro.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 8:08 pm