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F

GM

STLA

Ford Motor Company (NYSE:F) faces potential labor challenges as Canadian union Unifor races to reach an agreement before an extended deadline. This could disrupt operations at Ford’s Oakville Assembly Plant and two engine plants that produce V8 gasoline engines used in the Ford F-Series Super Duty, F-150 pickups and the Mustang muscle car. A prolonged Canadian strike could impact U.S. vehicle production contingent on Ford’s engine stock. Despite the risk of ongoing strikes and production disruptions, shares of Ford Motor Co. were 1.87% higher on Tuesday.

Portfolio Pulse from Piero Cingari

September 19, 2023 | 8:04 pm

PR

Permian Resources Corporation (NYSE:PR) has announced a secondary public offering of 20.3 million shares of its Class A Common Stock. The shares are being sold by affiliates of NGP Energy Capital Management, not by Permian Resources itself. The company also plans to purchase 2.2 million common units from the selling stockholders. J.P. Morgan, BofA Securities, and Truist Securities are serving as joint book-running managers for the offering.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 8:02 pm

HON

A whale investor has taken a bearish stance on Honeywell Intl (NASDAQ:HON), with 63% of the investors opening trades with bearish expectations. The whale has been targeting a price range from $150.0 to $220.0 for Honeywell Intl over the last 3 months. The price of HON is up 0.53% at $195.5, and RSI indicators suggest that the stock may be approaching overbought. Next earnings are expected to be released in 37 days.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 8:01 pm

EOG

EOG Resources (NYSE:EOG) has outperformed the market over the past 20 years by 5.8% on an annualized basis, producing an average annual return of 13.53%. If an investor had bought $100 of EOG stock 20 years ago, it would be worth $1,246.93 today.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 8:00 pm

SPY

The market-on-close imbalance is leaning towards the sell-side with $600 million. This could potentially impact the SPY ETF.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 7:54 pm

FLGC

Flora Growth has announced the pricing of a $2.7 million registered direct offering and concurrent private placement, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 7:53 pm

TSLA

GLJ Research analyst Gordon L. Johnson II has issued a Sell rating on Tesla, Inc (NASDAQ:TSLA), citing demand problems, falling average selling prices (ASPs), and margins. The analyst predicts that Tesla's Q3 results will be disappointing, with ASPs potentially down 2%-3% sequentially. He also anticipates Tesla's Q3 deliveries to be 442K, down from 466.140K in Q2. The analyst believes that Tesla's aggressive price cuts are an attempt to mask demand issues in its three largest markets: the U.S., the EU, and China.

Portfolio Pulse from Anusuya Lahiri

September 19, 2023 | 7:53 pm

INTC

Intel shares are trading lower during the company's Intel Innovation event.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 7:52 pm

IKT

Inhibikase Therapeutics shares are trading lower without any apparent news driving the movement.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 7:52 pm

SPY

TTWO

The article discusses the performance of Take-Two Interactive Software's (NASDAQ:TTWO) stock since the release of 'Grand Theft Auto V' 10 years ago. If an investor had put $1,000 into Take-Two stock at the time of the game's release, their investment would be worth $8,186.85 today, a return of 718.7%. This significantly outperforms the SPDR S&P 500 Global ETF, which would have turned $1,000 into $2,595.71, a return of 159.6%. The company is currently working on the next installment in the franchise, 'Grand Theft Auto 6/GTA VI', which could potentially boost Take-Two's shares further.

Portfolio Pulse from Chris Katje

September 19, 2023 | 7:52 pm