Streetbeat News

Stock Prices

CTLT

EXFY

MU

NIU

SDA

TSP

In today's pre-market session, several big stocks recorded losses, including SunCar Technology Group, Expensify, Micron Technology, TuSimple Holdings, Niu Technologies, and Catalent. Micron Technology's product sales were banned in China after a seven-week investigation.

Portfolio Pulse from Lisa Levin

May 22, 2023 | 10:07 am

NVDA

Nvidia is set to report Q1 results with an expected EPS of $0.92 and revenue of $6.52 billion. KeyBanc analyst John Vinh maintains an Overweight rating on Nvidia shares and raises the price target from $320 to $375, citing the company's strong position in generative AI and multiple new product cycles.

Portfolio Pulse from Shanthi Rexaline

May 22, 2023 | 10:06 am

F

Ford has maintained its guidance for full-year 2023, expecting $9B to $11B in adjusted EBIT and approximately $6B in adjusted free cash flow, ahead of its Capital Markets Day event.

Portfolio Pulse from Charles Gross

May 22, 2023 | 10:06 am

AMZN

DE

FL

NVDA

The S&P 500 recorded its best weekly performance since March despite settling lower on Friday. Deere & Company reported better-than-expected Q2 results and issued guidance, while Foot Locker reported worse-than-expected Q1 results and lowered its FY23 guidance. The Nasdaq 100 fell 0.22% with gains in Amazon and NVIDIA shares.

Portfolio Pulse from Lisa Levin

May 22, 2023 | 9:48 am

BABA

BIDU

FXI

PDD

U.S.-listed shares of Chinese companies, including BABA, BIDU, FXI, and PDD, are trading higher premarket after China left its benchmark lending rate unchanged.

Portfolio Pulse from Charles Gross

May 22, 2023 | 9:44 am

RIVN

Rivian Automotive announced that its all-electric service vans will hit the roads in the coming weeks, with over 200 Rivian Service Vans (RSV) expected by year-end. The vans will provide maintenance, repair, and vehicle-to-vehicle charging services for over 35,000 Rivian vehicles.

Portfolio Pulse from Anan Ashraf

May 22, 2023 | 9:31 am

ETHUSD

PEPEUSD

Ethereum co-founder Vitalik Buterin expressed concerns about over-engineering in blockchain development, as the popularity of Pepe Coin causes congestion in the Ethereum network and elevated gas fees. Uniswap's trading volume surpassed Coinbase due to the PEPE craze.

Portfolio Pulse from Mehab Qureshi

May 22, 2023 | 8:59 am

LCID

Lucid Group announced European pricing for the Lucid Air Pure AWD and Air Touring variants, with prices ranging from €109,000 to €134,000 depending on the model and country.

Portfolio Pulse from Charles Gross

May 22, 2023 | 8:51 am

HEPA

Hepion Pharmaceuticals' shares surged 75% ahead of a Monday conference call to review topline results from the Phase 2 ALTITUDE NASH liver function trial of Rencofilstat.

Portfolio Pulse from Charles Gross

May 22, 2023 | 8:48 am

FL

HEI

NDSN

ZM

Investor optimism improves as US stocks record weekly gains, despite a drop on Friday due to Republicans withdrawing from debt ceiling negotiations. Foot Locker shares fell 27% after reporting worse-than-expected Q1 results and lowering FY23 guidance. Investors await earnings results from Zoom, HEICO, and Nordson.

Portfolio Pulse from Lisa Levin

May 22, 2023 | 7:40 am