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Stock Prices

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

EVTL

Vertical Aerospace (NYSE:EVTL) announces a pre-order of up to 50 VX4 aircraft from South Korean mobility technology company Kakao Mobility, expanding Vertical's presence in the Asia-Pacific region.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:33 am

AAPL

AMZN

GOOG

JPM

STLA

Power Corporation of Canada increased its stake in Apple Inc (AAPL) by purchasing over 172,000 shares in Q1, while selling its entire stakes in JPMorgan Chase & Co (JPM) and Alphabet Inc Class A shares (GOOG). The company also bought over 3.29 million shares of Stellantis NV (STLA) and reduced its holdings in Amazon.com, Inc. (AMZN).

Portfolio Pulse from Bhavik Nair

May 22, 2023 | 7:31 am

NVDA

SMCI

Supermicro launches liquid-cooled NVIDIA HGX H100 servers, reducing data center power costs by up to 40%. The advanced cooling technology increases performance and lowers operating expenses, with up to 86% reduction in direct cooling costs.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:31 am

GOOG

GOOGL

TSLA

Elon Musk predicts no AI winter despite his previous protests against rapid AI advancements. He agrees with Quora CEO Adam D'Angelo's prediction of continuous growth in artificial general intelligence (AGI). Musk's stance has been questioned by critics like Reid Hoffman.

Portfolio Pulse from Ananya Gairola

May 22, 2023 | 5:55 am

QQQ

SHY

SPY

VGSH

Investors are preparing for potential volatility in currencies and losses in equities as the debt ceiling crisis continues. President Joe Biden and House Speaker Kevin McCarthy will meet to discuss the issue. Strategists at JPMorgan Chase & Co. and Morgan Stanley warn that a stand-off threatens equity markets.

Portfolio Pulse from Bhavik Nair

May 22, 2023 | 5:52 am

NVDA

Nvidia's stock has gained 114% YTD, making it the best-performing S&P 500 stock. The company has grown from a graphics card designer to a leading technology firm with a diverse product portfolio. Nvidia's GPUs are instrumental in training AI models like ChatGPT, and the rise of AI could represent a market opportunity in the multiple tens of billions of dollars annually for the company.

Portfolio Pulse from Shanthi Rexaline

May 22, 2023 | 5:36 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a drop after Federal Reserve Chair Jerome Powell hinted at curbing rate hikes due to stress in the banking sector. Crypto trader Tony Vays predicts Bitcoin could reach up to $300,000 in an extended bull market.

Portfolio Pulse from Mehab Qureshi

May 22, 2023 | 3:30 am