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NVDA

Nvidia Corporation (NASDAQ:NVDA) is rapidly approaching the market capitalizations of Microsoft Corporation (NASDAQ:MSFT) and Apple Inc (NASDAQ:AAPL) after strong first-quarter earnings and guidance. Nvidia's shares hit new all-time highs, closing at $1,140.53, with a market cap of $2.805 trillion. The company needs to reach $1,180.31 per share to surpass Apple and $1,295.79 per share to surpass Microsoft. Analysts have raised price targets, and Nvidia's recent dividend increase and stock split could attract new investors.

Portfolio Pulse from Chris Katje

May 29, 2024 | 1:14 pm

GVH

Globavend Holdings has entered into a Memorandum of Understanding (MOU) to make an equity investment in Top Logistics. The financial terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:39 pm

BEN

BEN shares are trading higher following the announcement of a $4.95 million private placement and the appointment of Paul Chang as Co-CEO.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:32 pm

MDAI

Spectral AI is set to join the Russell Microcap Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:32 pm

NTGR

Windward Management has issued a letter to NETGEAR's board advising the immediate repurchase of at least 25% of shares outstanding (~$100M) and the formation of a strategic review committee to examine splitting off and/or selling the NFB segment. Windward believes these actions could significantly increase shareholder value, with potential upside of 150%+ over the next 12-18 months.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:24 pm

RGA

Reinsurance Group of America (RGA) has announced that Axel André will join as Executive Vice President starting June 24 and will become the Chief Financial Officer on August 5, succeeding Todd Larson.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:20 pm

BAER

Bridger Aerospace (BAER) will be added to the Russell 3000, Russell 2000, and Russell Microcap Indexes. This inclusion is expected to increase the stock's visibility and attract more institutional investors.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:07 pm

BNAI

Brand Engagement Network Inc. (NASDAQ:BNAI) has closed a $4.95 million private placement and appointed Paul Chang as Co-CEO. The investment provides financial flexibility for the development of AI assistants and includes stock and warrants priced above the current trading price. Shares spiked higher following the announcement.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:07 pm

QUIK

QuickLogic Corporation (QUIK) will be joining the Russell 3000 Index, which is expected to increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:06 pm

LFMD

LifeMD (LFMD) is set to join the Russell 3000 Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:06 pm