Streetbeat News

Stock Prices

QCOM

Investors with significant capital have taken a bullish stance on Qualcomm (NASDAQ:QCOM), as observed through recent options trades. Benzinga's options scanner detected 9 trades, with 66% being bullish. Analysts maintain a Buy rating with target prices around $240. Qualcomm's stock is currently trading at $212.51, up by 1.92%.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 1:47 pm

FSLR

High-rolling investors have shown significant interest in First Solar (NASDAQ:FSLR) through options trading, with a mix of bullish and bearish sentiments. The trading activity suggests a price range of $260 to $360 for FSLR over the next three months. Analysts have mixed ratings, with target prices ranging from $262 to $331.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 1:46 pm

GME

Citron Research has closed its short position in GameStop (NYSE:GME), citing respect for the market's irrationality despite not being bullish on the company's fundamentals. GameStop's stock surged by 22.80% following the news. The company has a strong cash position and has raised significant capital through share sales, although concerns remain about its revenue growth strategies.

Portfolio Pulse from Anusuya Lahiri

June 12, 2024 | 1:45 pm

SPY

President Biden acknowledged that prices are still too high but noted progress in lowering inflation, as indicated by Wednesday's report.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:45 pm

DDC

DDC Enterprise shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 120.7%.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:43 pm

PCSC

Perceptive Capital Solutions Corp (PCSC) has announced the pricing of its $75 million IPO, offering 7.5 million Class A ordinary shares at $10 per share. The shares will be listed on Nasdaq under the ticker symbol 'PCSC' starting June 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:41 pm

CRKN

Crown Electrokinetics Corp. (NASDAQ:CRKN) shares rose by 6.9% to $0.09 after the company announced that its request for continued listing on the Nasdaq was approved. The approval is contingent upon meeting all applicable criteria by July 23.

Portfolio Pulse from Henry Khederian

June 12, 2024 | 1:32 pm

THMO

ThermoGenesis Holdings Inc (NASDAQ:THMO) shares dropped 41% to $0.33 after Nasdaq denied the company's request for continued listing due to not meeting minimum stockholders' equity requirements. Trading will be suspended on June 17, and the company does not plan to appeal.

Portfolio Pulse from Henry Khederian

June 12, 2024 | 1:31 pm

BMR

NVDA

ORCL

Beamr Imaging Ltd (NASDAQ:BMR) shares surged 32.5% after announcing its Beamr Cloud solution is now available in the Oracle Corp (NYSE:ORCL) Cloud Marketplace. Powered by NVIDIA Corp (NASDAQ:NVDA), the solution offers efficient, AI-ready video processing, combining Oracle Cloud Infrastructure with Nvidia L40S GPUs for advanced graphics and media acceleration.

Portfolio Pulse from Adam Eckert

June 12, 2024 | 1:30 pm

FMCX

KKR

LBO

KKR & Co. Inc. (NYSE:KKR) has made a significant minority investment of $850 million in Quick Quack Car Wash, a rapidly growing car wash chain in the U.S. This investment is expected to drive Quick Quack's growth through innovation, marketing, and expansion. KKR shares are up 2.17% premarket.

Portfolio Pulse from Lekha Gupta

June 12, 2024 | 1:18 pm