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The article provides a comprehensive analysis of Lam Research (NASDAQ:LRCX) and its primary competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics, market position, and growth prospects are evaluated, highlighting Lam Research's strong financial performance and growth potential.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:00 pm

PVH

PVH Corp (NYSE:PVH), the parent company of Calvin Klein and Tommy Hilfiger, reported better-than-expected Q1 earnings, leading to a 2% rise in its stock price. Analysts from BMO Capital Markets, JPMorgan, Goldman Sachs, and Wedbush provided positive feedback, with some raising their price targets. Despite a 10% revenue decline, PVH's gross margins and adjusted earnings surpassed expectations.

Portfolio Pulse from Priya Nigam

June 05, 2024 | 3:00 pm

AVIR

Atea Pharmaceuticals Inc (NASDAQ:AVIR) announced promising Phase 2 data for its hepatitis C virus (HCV) therapy, bemnifosbuvir. The study showed a 97% sustained virologic response rate at 12 weeks post-treatment and a 100% response rate in genotype 3 patients. The therapy was well tolerated with no severe adverse events. The company plans to present these findings at the EASL Congress.

Portfolio Pulse from Vandana Singh

June 05, 2024 | 2:55 pm

LULU

Lululemon Athletica (NASDAQ:LULU) shares are trading lower ahead of the company's earnings release for the 2024 fiscal-year first quarter. Analysts expect EPS of $2.39 and revenue of $2.2 billion. Last quarter, Lululemon beat expectations with an adjusted EPS of $5.29 and revenue of $3.20 billion.

Portfolio Pulse from Dylan Berman

June 05, 2024 | 2:52 pm

CHPT

ChargePoint Holdings, Inc. (NYSE:CHPT) is in focus ahead of its fiscal-year 2025 first-quarter earnings report. Analysts expect an EPS loss of thirteen cents per share and revenue of $105.79 million. Last quarter, ChargePoint reported revenue of $115.83 million, missing estimates, but beat EPS expectations with a loss of twelve cents per share.

Portfolio Pulse from Dylan Berman

June 05, 2024 | 2:48 pm

DELL

HPE

NVDA

Jim Cramer highlighted the strategic alignment of Hewlett Packard Enterprise (HPE) and Dell Technologies (DELL) with Nvidia (NVDA) to leverage advancements in AI, GPUs, and data centers. HPE reported better-than-expected Q2 results, while Dell's focus on AI and its partnership with Nvidia were emphasized. Stock movements: HPE up 12.59%, DELL down 0.17%, NVDA up 2.49%.

Portfolio Pulse from Benzinga Neuro

June 05, 2024 | 2:47 pm

QCOM

Whales have shown a bullish stance on Qualcomm (NASDAQ:QCOM) with significant options activity. 50% of the trades were bullish, targeting a price range of $180 to $250. The stock is currently up 2.69% at $209.88, with analysts maintaining Buy ratings and target prices ranging from $205 to $245.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:45 pm

VRT

Financial giants have shown a bearish trend in options trading for Vertiv Hldgs (NYSE:VRT), with 47% of trades being bearish. The stock is currently trading at $94.89, up by 3.04%. Analysts from B of A Securities and Goldman Sachs maintain a Buy rating with target prices of $115 and $116, respectively.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:45 pm

BF/A

BF/B

Brown-Forman executives have indicated that they expect the second half of the year to be stronger for the company.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:39 pm

HPE

Hewlett Packard Enterprise (HPE) shares surged after reporting better-than-expected Q1 earnings and sales, driven by significant growth in AI systems orders. Multiple analysts raised their price targets for HPE, reflecting positive sentiment.

Portfolio Pulse from Erica Kollmann

June 05, 2024 | 2:36 pm