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NFLX

Netflix's stock rose by 2% on Wednesday due to positive forecasts from industry analysts predicting a 30% rise. The company is expected to gain over 30 million new subscribers and achieve double-digit revenue growth, driven by its expanding advertising ventures and strategic moves into gaming, live event streaming, and sports broadcasting. Analysts have raised their price targets for Netflix, reflecting its strong market position and financial health.

Portfolio Pulse from Zaheer Anwari

May 31, 2024 | 2:19 pm

BNBUSD

COIN

UNIUSD

Scott Johnsson of Van Buren Capital criticizes the Biden administration's regulatory actions on the cryptocurrency industry, including SEC enforcement against Coinbase, Binance, and Kraken, and the Federal Reserve's denial of Custodia's application. He argues these actions stifle industry growth and innovation.

Portfolio Pulse from Murtuza Merchant

May 31, 2024 | 2:13 pm

ZEAL

Zealand Pharma (NASDAQ: ZEAL) has received a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) for its dasiglucagon solution for injection, intended for the treatment of severe hypoglycemia in diabetes patients. This recommendation is a significant step towards obtaining marketing authorization in Europe.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 2:11 pm

CRM

MSFT

Salesforce Inc (NYSE:CRM) reported its first quarterly revenue miss since 2006 and provided softer-than-expected guidance. Despite this, analysts remain optimistic about Salesforce's potential in the AI space. The company reported an 11% revenue growth to $9.13 billion, missing the consensus estimate of $9.17 billion. Net income grew significantly to $1.53 billion. Salesforce's second-quarter guidance fell short of expectations, but it raised its fiscal 2025 adjusted earnings guidance. Analysts believe Salesforce will benefit from generative AI, although competition from Microsoft and others remains a concern.

Portfolio Pulse from Upwallstreet

May 31, 2024 | 2:10 pm

WMT

Walmart is expanding its delivery services in Greater Philadelphia, Minnesota, Michigan, Massachusetts, and California, aiming to enhance customer convenience and market reach.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 2:09 pm

BTCUSD

DELL

ETHUSD

ZS

The article covers a range of topics including Ethereum facing major attacks and dominating May's cryptocurrency losses, Bitcoin spot ETFs seeing significant inflows, and various market and political updates. Key highlights include Ethereum's potential to hit $10K by year-end, Ripple CEO's predictions on crypto ETFs, and significant movements in tech stocks like Dell and Zscaler.

Portfolio Pulse from Akanksha Bakshi

May 31, 2024 | 2:07 pm

WDAY

Financial giants have shown a bullish interest in Workday (NASDAQ:WDAY) through unusual options trades. Analysis reveals 44% bullish and 33% bearish sentiment among traders. The stock price is currently up by 2.2% at $212.0, with analysts setting an average price target of $306.0.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 2:01 pm

TAK

Takeda has received a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use for its recombinant ADAMTS13 enzyme replacement therapy for congenital thrombotic thrombocytopenic purpura (cTTP). If approved, it will be the first and only enzyme replacement therapy for cTTP in the European Union.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:59 pm

CSCO

T

WIT

Wipro has expanded its retail media offering through a collaboration with Cisco and AT&T. The new solution, Wipro VisonEdge+, aims to enhance customer experience and drive incremental ad revenue within physical stores.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:36 pm

AMZN

The US National Highway Traffic Safety Administration (NHTSA) is seeking more details on crashes involving Zoox, a self-driving vehicle company owned by Amazon (AMZN). The agency is investigating the safety and performance of Zoox's autonomous vehicles.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:33 pm