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SWK

A golden cross has formed on Stanley Black & Decker's (NYSE:SWK) chart, which could be bullish for the stock. The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, signaling a potential change in the long-term trend.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 2:55 pm

STZ

A golden cross has formed on Constellation Brands' (NYSE:STZ) chart, which could be bullish for the stock. The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, potentially indicating a change in the long-term trend.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 2:54 pm

MPC

A 'death cross' has formed on Marathon Petroleum's (NYSE:MPC) chart, indicating a potential bearish trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, signaling a possible change in the long-term trend.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 2:54 pm

CSGP

A golden cross has formed on CoStar Gr's (NASDAQ:CSGP) chart, which could be a bullish sign for the stock. The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, indicating a potential change in the long-term trend.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 2:54 pm

BKR

E

Baker Hughes (BKR) has secured a significant contract from Eni Spa (E) and Petroci for the Baleine Phase 2 project in Ivory Coast, Africa's first Scope 1 and 2 net-zero emissions development. The deal strengthens Baker Hughes' presence in West Africa and unlocks growth potential in the country.

Portfolio Pulse from Akanksha Bakshi

June 16, 2023 | 2:46 pm

FFA

Tuesday is the last day for investors to buy First Trust Enhanced (NYSE:FFA) before its ex-dividend date on Wednesday. The company announced a quarterly dividend of 31.5 cents per share, to be paid on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 2:45 pm

MBOT

Microbot Medical announced that multiple peer-reviewed abstracts have been accepted for presentation at the Annual Congress of the Cardiovascular and Interventional Radiological Society of Europe, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 2:44 pm

ADBE

AMZN

MSFT

Adobe Inc. reported strong Q2 earnings, exceeding Wall Street expectations, driven by demand for its Creative Cloud, Document Cloud, and Experience Cloud offerings. The company also introduced Sensei GenAI, a generative AI tool available across Adobe Experience Cloud applications. Unlike Microsoft and Amazon, Adobe faces less competition in the AI market, allowing it to further differentiate itself.

Portfolio Pulse from Upwallstreet

June 16, 2023 | 2:44 pm

STXS

Stereotaxis announced its intention to initiate a trial for CE Mark submission for its MAGiC catheter. The European Notified Body requested clinical data to support the submission, causing STXS shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 2:43 pm

ACI

ADM

SANW

STG

VLGEA

Benzinga Insights has identified five value stocks in the consumer defensive sector: Village Super Market (VLGEA), Sunlands Technology (STG), S&W Seed (SANW), Albertsons Companies (ACI), and Archer-Daniels Midland (ADM). These stocks have low P/E multiples, indicating they may be undervalued.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 2:41 pm