Streetbeat News

Stock Prices

TSLA

Elon Musk's potential purchase of a house from Tesla director Joe Gebbia has raised governance concerns at Tesla Inc. (NASDAQ:TSLA). Gebbia stepped down from a special committee due to his personal relationship with Musk. Proxy advisers and shareholder groups have questioned the committee's independence and findings, leading to potential volatility in Tesla shares ahead of a crucial shareholder vote on June 13.

Portfolio Pulse from Benzinga Neuro

June 03, 2024 | 1:49 pm

SPY

The S&P Global US Manufacturing PMI for May came in at 51.3, surpassing the estimated 50.9 and the previous month's 50. This indicates an expansion in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:48 pm

CMG

Chipotle shares were halted on a circuit breaker due to a downside move, with the stock now down 1.09%.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:46 pm

COST

Recent options trading activity for Costco Wholesale (NASDAQ:COST) indicates a bullish sentiment among big-money investors, with 66% of trades being bullish. The options trades include a mix of puts and calls, with significant interest in strike prices ranging from $265 to $1200. Analysts have mixed ratings on Costco, with price targets ranging from $765 to $875.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 1:46 pm

GOOGL

Recent options trading activity for Alphabet (NASDAQ:GOOGL) shows a significant bullish sentiment among big-money investors, with 6 call options and 3 put options detected. Analysts have mixed ratings on the stock, with price targets ranging from $195 to $215.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 1:46 pm

NFLX

Deep-pocketed investors are showing significant interest in Netflix (NASDAQ:NFLX) options, with a mix of bullish and bearish sentiments. The options activity includes 3 puts and 6 calls, indicating a potential price window from $500 to $1110. Analysts have mixed ratings on NFLX, with price targets ranging from $450 to $725.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 1:46 pm

SMR

NuScale Power shares were halted on a circuit breaker due to a significant drop, with the stock now down 98.5%.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:45 pm

AMC

AMC Entertainment Holdings shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:43 pm

F

GM

SCHD

TSLA

VLUE

Ford Motor Co (NYSE:F) shares are rising after the company announced advancements in its autonomous driving technology, aiming to offer Level 3 autonomy by 2026. This would allow drivers to take their eyes off the road and hands off the wheel under certain conditions. Ford's BlueCruise system is under investigation by U.S. safety regulators. The company plans to generate recurring revenue through subscription services for these features.

Portfolio Pulse from Shivani Kumaresan

June 03, 2024 | 1:41 pm

COHN

Cohen & Company has appointed Corey McLaughlin as the new Chief Operating Officer (COO). This leadership change is expected to bring new strategic direction and operational efficiency to the company.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:40 pm