Streetbeat News

Stock Prices

BX

A whale investor has taken a bearish stance on Blackstone (NYSE:BX), with 54% of detected trades having bearish expectations. Whales have been targeting a price range of $80 to $100 for Blackstone over the last 3 months. The stock is currently up 2.71% at $85.79, with RSI indicators suggesting a neutral position.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 5:35 pm

ALAR

DOMO

HTCR

MRVL

QBTS

During Friday's intraday session, 12 IT stocks experienced significant price movements. Gainers included Alarum Technologies, D-Wave Quantum, Marvell Tech, Peraso, Telos, and Mercurity Fintech Holding. Losers were SpringBig Holdings, Domo, SAI.TECH Global, HeartCore Enterprises, SemiLEDs, and Ascent Solar Technologies.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 5:31 pm

PLD

Prologis (NYSE:PLD) has outperformed the market over the past 10 years, producing an average annual return of 11.7%. If an investor had bought $100 of PLD stock 10 years ago, it would be worth $296.85 today.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 5:31 pm

PH

Parker Hannifin (NYSE:PH) has outperformed the market over the past 10 years, producing an average annual return of 12.77%. A $100 investment in PH stock 10 years ago would be worth $339.02 today.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 5:30 pm

CHWY

WOOF

Needham analyst Anna Andreeva reiterated a Buy rating on Chewy Inc (NYSE:CHWY) with a price target of $55. The company is set to report 1Q earnings on May 31. The analyst expects sales growth of +12%, but has lowered assumptions for net ads and Hardgoods after Petco Health and Wellness Company (NASDAQ:WOOF) earnings. The pet space is defensive, and demand is inelastic, with headwinds from last year dissipating.

Portfolio Pulse from Shivani Kumaresan

May 26, 2023 | 5:30 pm

NVDA

Cameron Dawson, CIO at New Edge Wealth, discussed the bond market's sensitivity to the Federal Reserve's actions and the shift in investor behavior from small-cap stocks to tech giants. She pointed to the hotter-than-expected PCE data as an indicator of a possible June rate hike and warned of stretched valuations in tech stocks.

Portfolio Pulse from AJ Fabino

May 26, 2023 | 5:24 pm

HAL

A large bearish position on Halliburton (NYSE:HAL) has been observed, with 14 uncommon options trades spotted. The overall sentiment of these big-money traders is 35% bullish and 64% bearish. Whales have been targeting a price range from $29.0 to $36.0 for Halliburton over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 5:18 pm

BTOG

Bit Origin Ltd (NASDAQ:BTOG) has announced a 1-for-30 reverse stock split effective on May 30, 2023. The reverse stock split will reduce the number of outstanding ordinary shares from approximately 100.9 million to approximately 3.3 million.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 5:17 pm

VSTM

Verastem's shares were halted on a circuit breaker due to significant price fluctuations.

Portfolio Pulse from Bill Haddad

May 26, 2023 | 5:16 pm

SPY

The IMF predicts that core US inflation will continue to decline in 2023, but will remain materially above the 2% Federal Reserve target throughout 2023 and 2024.

Portfolio Pulse from Bill Haddad

May 26, 2023 | 5:15 pm