Streetbeat News

Stock Prices

TSM

A whale investor has taken a bearish stance on Taiwan Semiconductor (NYSE:TSM), with 75% of detected trades having bearish expectations. Whales have been targeting a price range of $40 to $100 for TSM over the last 3 months. The stock is currently down 0.73% at $91.97, and RSI indicators suggest it may be approaching overbought.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 3:45 pm

KBE

KRE

PACW

SPY

WAL

XLF

Regional banks' stocks slump after former Fed Chair Janet Yellen reportedly told bank leaders that more mergers may be needed. This has led to concerns about the future of smaller banks.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 3:45 pm

AZYO

MDT

Aziyo Biologics Inc (NASDAQ:AZYO) announced that data from the HEAL Study will be presented at the Heart Rhythm Society, comparing the performance of its CanGaroo Envelope with Medtronic Plc's (NYSE:MDT) Tyrx non-biologic envelope and no envelope in patients receiving cardiac implantable electronic devices. The CanGaroo Envelope showed better results in several aspects, and AZYO shares are up 4.72% at $2.22.

Portfolio Pulse from Vandana Singh

May 19, 2023 | 3:45 pm

COIN

Coinbase shares are trading lower due to Bitcoin's volatility amid stalled US debt limit talks.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 3:44 pm

VERU

Veru has terminated the clinical trial of VERU-100 for the treatment of advanced prostate cancer as the endpoints were not achieved at the current dose level.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 3:42 pm

ABNB

Airbnb shares are trading lower as the stock pulls back following Thursday's strength.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 3:41 pm

PYPL

PayPal's stock price has significantly decreased by 19% in May, raising concerns among investors. Despite exceeding Q1 earnings expectations, the stock price did not see a corresponding increase and has dropped by 80% since its all-time high in July 2021.

Portfolio Pulse from Zaheer Anwari

May 19, 2023 | 3:38 pm

SPY

Fed Chair Powell stated that market prices include compensation for risk and surveys of market participants are closer to the Federal Reserve's own forecasts.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 3:38 pm

SPY

Federal Reserve Chair Jerome Powell stated that markets are pricing a different rate path, reflecting a forecast of inflation coming down more quickly. However, he believes it will take time to lower inflation, and recent data supports the committee's view.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 3:37 pm

ULTA

A whale has taken a bearish stance on Ulta Beauty (NASDAQ: ULTA), with 90% of detected unusual options trades being bearish. Whales have been targeting a price range of $330 to $540 for Ulta Beauty over the last 3 months. The stock is currently down 4.2% at $492.04, with RSI indicators suggesting it may be approaching oversold.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 3:32 pm