Benzinga IPO Of The Year! Podcast

Daily Stock Picks and News from Benzinga Newsdesk with host Michael O’Connor

Straight from Benzinga newsdesk, host Michael O’Connor brings you the market news and stocks to watch.

Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today’s Stocks:

$ARM $SMTC $ADBE $XOM $MSFT
ARM Holdings IPO today (NASDAQ: ARM) Arm Holdings prices IPO at $51 a share, top of range. AMR is already a BUY with some analysts.
Semtech Corporation (NASDAQ:SMTC) reported upbeat earnings for its second quarter, but issued weak forecast for the third quarter. Semtech shares fell 5.1% to $21.70 in the after-hours trading session.
Analysts are expecting Adobe Inc. (NASDAQ:ADBE) to have earned $3.98 per share on revenue of $4.87 billion for the latest quarter. The company will release earnings after the markets close. Adobe shares gained 0.3% to $555.00 in after-hours trading.
Texas Billionaire Timothy Dunn Backed US Oil & Gas Player Explores $10B Sale. Notable oil industry giants like Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) are expected to be approached to gauge their interest in the potential acquisition of CrownRock. Crude at a 10-month high – OPEC’s forecasts indicate a sharp drop in world oil inventories, with a projected decline of around 3.3 million barrels per day in the next three months, potentially the largest since 2007.
During a virtual appearance at the All-In Summit, Elon Musk once again expressed concerns regarding Microsoft Corporation’s (NASDAQ:MSFT) significant control over OpenAI, prompting questions about the potential consequences for ChatGPT-parent’s future.

Hosts:

Michael O’Connor , Benzinga Newsdesk

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If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com