Streetbeat News

Stock Prices

ACM

AECOM's short interest has risen by 15.52%, with 1.39 million shares sold short, representing 1.34% of its float. This is lower than its peer group's average short interest of 4.90%. The increase in short interest could indicate bearish sentiment but does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 1:45 pm

TSLA

Tesla executives Ashok Elluswamy and Milan Kovac publicly supported CEO Elon Musk's $56 billion pay package, emphasizing his critical role in Tesla's AI and autonomy success. This comes ahead of a shareholder vote to reinstate the rescinded pay package, despite opposition from proxy advisory firms.

Portfolio Pulse from Anan Ashraf

June 10, 2024 | 1:44 pm

MLGO

MicroAlgo shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 20.8%.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:41 pm

GME

GOOG

GOOGL

IJH

MDY

GameStop Corp (NYSE:GME) shares are trading higher in the premarket on Monday after a volatile session last Friday, where the stock closed 39% lower following disappointing fiscal first-quarter earnings and a lackluster livestream by Keith Gill. The company reported net sales of $881.8 million, missing analyst estimates, and an EPS loss of $(0.12). GameStop also announced an at-the-market offering program for up to 75 million shares. Investors can gain exposure to GameStop via iShares Core S&P Mid-Cap ETF (NYSE:IJH) and SPDR MidCap Trust Series I (NYSE:MDY).

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 1:41 pm

SNOW

Snowflake is under scrutiny as traders circulate information about UNC5537, a threat actor group targeting Snowflake database customers for data theft and extortion.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:40 pm

AAPL

OPRA

Unconfirmed rumors suggest that Opera may be involved in Apple's WWDC event today. As a result, Opera shares are trading higher on high volume.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:37 pm

META

The U.S. Supreme Court has agreed to hear Facebook's (now Meta Platforms Inc.) bid to dismiss a securities fraud lawsuit brought by shareholders. The lawsuit alleges that Facebook misled investors about the potential impact of its user data privacy practices on its stock price.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:31 pm

BITF

RIOT

Bitfarms Ltd (NASDAQ:BITF) shares are trading lower after the company announced a shareholder rights plan to counter a takeover attempt by Riot Platforms Inc (NASDAQ:RIOT). The plan aims to preserve the integrity of Bitfarms' strategic alternatives review process. Riot Platforms has built a 12% stake in Bitfarms and the new plan will dilute any entity's stake if it exceeds 15% between June 20 and Sept. 10.

Portfolio Pulse from Adam Eckert

June 10, 2024 | 1:31 pm

GOEV

Canoo's (NYSE:GOEV) short interest has fallen by 9.19%, with 14.00 million shares sold short, representing 23.51% of its float. This decline in short interest could indicate a shift in market sentiment. Canoo's short interest is higher than its peers, whose average is 9.69%.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 1:30 pm

SPEC

Spectaire Holdings, Inc. (NASDAQ:SPEC) shares are trading higher after announcing a purchase order and delivery of its AireCore units to American Ag Energy. The units will be used to transform agricultural waste into gaseous fuel, enhancing fuel output and operational efficiency. The stock saw a significant increase in trading volume, with shares up 38.9% at 59 cents.

Portfolio Pulse from Erica Kollmann

June 10, 2024 | 1:30 pm