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TWLO

The broader tech sector is trading higher due to the market's reaction to the Fed decision on Wednesday and increased investor optimism in AI.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:47 pm

SPY

USO

VGK

U.S Treasury's Adeyemo states that any change by Russia to taxes on oil sales will reduce the capacity of Russia's oil production over time. The Russian government's oil tax plan illustrates the difficult choices due to Western sanctions and export controls.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:44 pm

ACN

Accenture's stock is trading higher following an upgrade from Piper Sandler, which changed its rating from Underweight to Neutral and increased its price target from $250 to $316.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:44 pm

SPY

VGK

A senior U.S. Treasury official stated that there is no immediate proposal to change the $60 per barrel price cap on Russian oil.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:44 pm

CFLT

Guggenheim Securities analyst Howard Ma downgraded Confluent Inc (NASDAQ:CFLT) to Neutral from Buy and removed its price target post-investor day. The analyst is bearish on the management's lowered mid-term revenue growth target and believes the near-term upside from Flink and AI use cases are likely already priced into shares.

Portfolio Pulse from Lekha Gupta

June 15, 2023 | 6:44 pm

CGEM

Cullinan Oncology shares are trading higher after TD Cowen initiated coverage on the stock with an Outperform rating.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:40 pm

ZNTL

Zentalis Pharmaceuticals has regained worldwide development and commercialization rights to azenosertib, ZN-d5, and ZN-c5 in Greater China, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:39 pm

PYPL

PayPal Holdings shares are trading higher after BTIG initiated coverage on the stock with a Buy rating and an $85 price target.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:38 pm

META

Meta Platforms shares are trading higher as the company rolls out Broadcast channels on Instagram.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:37 pm

OPRA

Opera shares are trading higher after Lake Street maintained a Buy rating on the stock and raised its price target from $14 to $22.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 6:37 pm