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BofA Securities analyst Justin Post reiterated a Buy rating for Alphabet Inc (GOOG, GOOGL) with a $200 price target. Despite Apple's new AI features and partnership with OpenAI, Post sees potential for Google's AI models to be integrated into iOS. Alphabet's stock saw a slight increase, and Post remains optimistic about Google's AI and expense management strategies.

Portfolio Pulse from Anusuya Lahiri

June 11, 2024 | 5:39 pm

BYND

Beyond Meat shares are trading lower following a New York Post article discussing a study that links processed foods to heart disease.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:38 pm

GOOG

GOOGL

Google has introduced a new Vertex AI Model Monitoring feature, which includes a re-architecture of Vertex AI's model monitoring capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:37 pm

AAPL

AFRM

BLK

BTCUSD

DIA

DXC

FMC

NEE

SPY

STT

XLF

XLK

Wall Street traded slightly in the red on Tuesday as markets awaited key events on Wednesday. The S&P 500 dipped 0.2%, while the Nasdaq 100 remained flat, buoyed by a 5.9% surge in Apple Inc. (AAPL) following bullish analyst notes. Bitcoin tumbled over 4% to $66,500. Notable stock movers included FMC Corp. (FMC) up 3.5%, NextEra Energy Inc. (NEE) down 6.7%, State Street Corp. (STT) down 4.5%, BlackRock Inc. (BLK) down 1.7%, Affirm Holdings Inc. (AFRM) up over 8%, and DXC Technology Company (DXC) up 11.5%. ETFs like SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average (DIA), and Technology Select Sector SPDR Fund (XLK) also saw movements.

Portfolio Pulse from Piero Cingari

June 11, 2024 | 5:35 pm

TTWO

J.P. Morgan analyst Cory A Carpenter reiterated an Overweight rating on Take-Two Interactive Software Inc (NASDAQ:TTWO) with a price target of $200. The analyst highlighted positive trends in mobile gaming, the potential for GTA V and GTA VI, and skepticism about a potential FIFA 2K simulation game. The analyst expects a significant revenue and profitability increase with the release of GTA VI in Fall 2025.

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 5:24 pm

General Motors (GM) has resumed operations for its autonomous driving unit Cruise in Houston and adjusted its EV production target for the year to 200,000-250,000 units. The company also announced a $6 billion share repurchase authorization. GM shares are trading higher by 1.42%.

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 5:22 pm

BYND

A recent study has linked vegan fake meats to heart disease and early death. This finding could have significant implications for companies in the plant-based meat industry.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:17 pm

AMC

GME

Dave Portnoy criticized Roaring Kitty's recent livestream, suggesting it was a tactical error that led to a significant drop in GameStop's stock price. Portnoy had invested heavily in GameStop and AMC Entertainment, but both stocks have seen declines since Roaring Kitty's return to social media.

Portfolio Pulse from Aaron Bry

June 11, 2024 | 5:12 pm

MSFT

Microsoft is considering launching a new software bundle that includes AI features as it explores pricing strategies for AI. This move could impact its product offerings and revenue streams.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:07 pm

TSLA

Tesla Inc (NASDAQ:TSLA) may introduce a new 'Avoid Highways' feature to its in-car navigation system, as indicated by CEO Elon Musk. This feature will enhance the Full Self-Driving (FSD) capability by allowing more comprehensive testing in challenging driving scenarios. Tesla continues to innovate and improve its navigation technology.

Portfolio Pulse from Benzinga EV Insights

June 11, 2024 | 4:56 pm