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ETHUSD

A total of 3,780.06 Ether (ETH) worth $6,561,696 was burned from Ethereum transactions on Monday. This follows the implementation of the EIP-1159 upgrade on August 5th, 2021, which changed the fee model and introduced a variable base fee that is burned, lowering the supply of Ether.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 6:00 pm

BEP

Brookfield Renewables announced it will acquire Duke Energy Renewables, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 5:57 pm

SMPL

Needham analyst Matt McGinley reiterated a Buy rating on Simply Good Foods Co (NASDAQ:SMPL) with a price target of $42. The analyst expects FY23 revenue and EBITDA growth to be weighted to 2H and sees potential for M&A due to the company's low leverage ratio.

Portfolio Pulse from Shivani Kumaresan

June 13, 2023 | 5:53 pm

REXR

Rexford Industrial Realty (REXR) has been downgraded by BMO Capital Markets and Citigroup analysts due to signs of decline in the South California rental market. BMO's John P. Kim downgraded REXR from Outperform to Market Perform and decreased the price target from $69 to $56. Citigroup's Emmanuel Korchman downgraded REXR from Buy to Neutral and lowered the price target from $66 to $53.

Portfolio Pulse from Lekha Gupta

June 13, 2023 | 5:47 pm

BIIB

Biogen shares are trading lower after European experts expressed concerns that the company's Alzheimer's drug, Leqembi, may not provide enough benefits to outweigh its risks.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 5:46 pm

EBET

NVFY

OP

VOD

On Tuesday, 32 companies reached new 52-week lows, with Vodafone Group being the largest in terms of market cap and Nova Lifestyle being the smallest. OceanPal's stock had the biggest downward move, diving 26.32%, while EBET shares bounced back the most, rising 0.0% after hitting a new low.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 5:44 pm

ORCL

Oracle Corporation (NYSE:ORCL) hit all-time highs this week after reporting record full-year revenue of $50 billion, driven by strong growth in its cloud segment. The company is also launching new artificial intelligence products to capitalize on the growth of the segment. A $1,000 investment in Oracle at its IPO in 1986 would be worth $1,302,113.10 today.

Portfolio Pulse from Chris Katje

June 13, 2023 | 5:42 pm

ATVI

CHTR

DIS

GOOGL

MANU

MTCH

NFLX

SE

TMUS

TTD

Whale activity in the Communication Services sector shows various options trades with bullish and bearish sentiments for stocks such as ATVI, MANU, GOOGL, NFLX, MTCH, SE, TMUS, DIS, TTD, and CHTR.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 5:37 pm

BA

CAT

DE

ETN

GNRC

INOD

MIDD

RTX

VRT

WCC

Benzinga's options activity scanner has detected whale alerts in the Industrials sector, with notable options activity in RTX, VRT, MIDD, INOD, DE, GNRC, BA, ETN, CAT, and WCC. These alerts can help traders discover potential big trading opportunities.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 5:35 pm

AI

AMAT

AMD

ASAN

MARA

MSFT

NVDA

ORCL

PLTR

SNOW

Benzinga's options activity scanner has detected whale alerts for 10 IT stocks, including AMD, NVDA, MSFT, ORCL, MARA, SNOW, PLTR, ASAN, AI, and AMAT. These alerts can help traders discover potential big trading opportunities.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 5:35 pm