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GDRX

RBC Capital Markets has upgraded GoodRx Holdings Inc (NASDAQ:GDRX) from Sector Perform to Outperform, raising the price target from $8 to $10. The upgrade is based on new initiatives like the Integrated Savings Program (ISP), direct contracting (DC), and the expansion of its manufacturing solutions business, which are expected to provide significant growth opportunities. GoodRx has also secured a new direct contracting agreement with Kroger Co. (NYSE:KR), allowing patients to use GoodRx coupons at Kroger Pharmacies for more savings on generics starting June 1.

Portfolio Pulse from Vandana Singh

May 23, 2024 | 4:38 pm

TSLA

Elon Musk announced that SpaceX aims to land on the Moon and Mars within the next 7-8 years. This ambitious goal could have implications for companies associated with Musk, including Tesla (TSLA).

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:35 pm

Financial giants have shown a bullish sentiment towards Deere (NYSE:DE) through options trading, with 57% of traders being bullish. Significant trades include both puts and calls, with a predicted price range of $200 to $420. Deere's current stock price is $382.22, with a neutral RSI. Analysts have mixed ratings, with target prices ranging from $385 to $465.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 4:31 pm

META

PINS

SNAP

Elon Musk has advised parents to limit the amount of time their children spend on social media. This statement could impact companies like Meta Platforms (META), Pinterest (PINS), and Snap Inc. (SNAP) as they are major players in the social media space.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:28 pm

SCVL

Shoe Carnival (NASDAQ: SCVL) shares rose by 5.5% after the company reported strong Q1 earnings. Net sales increased by 6.8% year over year to $300.4 million, beating expectations. The company also saw improvements in gross profit margin and operating income. Shoe Carnival reiterated its FY24 adjusted EPS outlook and plans to expand its store count to over 500 by 2028.

Portfolio Pulse from Nabaparna Bhattacharya

May 23, 2024 | 4:27 pm

BNBUSD

DOGEUSD

ETHUSD

SHIBUSD

The DeFi Villain predicts that the approval of an Ethereum spot ETF could reignite 'animal spirits' in the crypto market, reminiscent of the 2021 alt-season bull run. This could lead to significant price movements in various altcoins.

Portfolio Pulse from Khyathi Dalal

May 23, 2024 | 4:27 pm

AMAT

AMD

NVDA

QQQ

SMCI

SPY

TSM

VRT

Nvidia reported strong Q1 earnings, surpassing consensus estimates and aligning with whisper numbers. The company announced a 10-for-1 stock split and highlighted future revenue from AI factories and sovereigns. Other AI-related stocks also saw positive movement. The Arora Report raised its long-term target for Nvidia and issued a new Buy Now rating.

Portfolio Pulse from The Arora Report

May 23, 2024 | 4:26 pm

TSLA

Elon Musk discussed the future impact of AI, suggesting that in a 'benign' scenario, AI could lead to widespread job displacement, necessitating a universal basic income. This could have significant implications for companies like Tesla (TSLA) that are heavily invested in AI technologies.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:25 pm

ONMD

OneMedNet Corp. (NASDAQ:ONMD) shares surged by 128% following the announcement of a significant expansion of its iRWD network and platform. The company has entered into new network partnership agreements, including one with a nation-wide medical records custodian, resulting in a network of 1,402 healthcare system and provider partner sites, 31 million patients, and 121.4 million clinical exams. This expansion represents substantial year-to-date growth in partner sites, patients, and clinical exams.

Portfolio Pulse from Erica Kollmann

May 23, 2024 | 4:25 pm

CYTO

Altamira Therapeutics shares are trading higher following the publication of highlights from its NASAR clinical trial with Bentrio nasal spray on the social media channels of the journal, 'Allergy.'

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:21 pm