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QCOM

Investors have taken a bullish stance on Qualcomm (NASDAQ:QCOM) with significant options market activity. Benzinga's options scanner detected 50 uncommon trades, with a split sentiment of 50% bullish and 34% bearish. The targeted price range for QCOM is between $130.0 and $280.0. Analysts have mixed ratings, with an average target price of $193.2.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 3:46 pm

TLRY

Tilray Brands, Inc. (NASDAQ:TLRY) stock is trading higher following the introduction of a new product, the Warming Deep Tissue Stick, to its Solei cannabis wellness brand. The product will be available in Ontario and select retailers across Canada starting next month. Tilray shares have risen about 7% over the last month amid anticipation of marijuana rescheduling in the U.S.

Portfolio Pulse from Dylan Berman

May 23, 2024 | 3:41 pm

MSFT

Scarlett Johansson's dispute with OpenAI over the use of a voice similar to hers in the movie 'Her' has reignited Hollywood's concerns about AI. The controversy has raised ethical questions about AI's role in the entertainment industry, despite OpenAI's claims that the voice was not intended to resemble Johansson's. Microsoft-backed OpenAI faces criticism from industry insiders and actors union SAG-AFTRA, highlighting the need for ethical guidelines in AI usage.

Portfolio Pulse from Rounak Jain

May 23, 2024 | 3:37 pm

GLD

NVDA

QQQ

SPY

TLT

US business activity surged in May, with the fastest expansion in over two years, driven by both the services and manufacturing sectors. However, rising input costs raise concerns about achieving the Fed's 2% inflation target. Market reactions included declines in stocks and gold, and higher Treasury yields.

Portfolio Pulse from Piero Cingari

May 23, 2024 | 3:26 pm

ASML

ASML Holding NV (NASDAQ:ASML) and Eindhoven University of Technology (TU/e) have expanded their research partnership, focusing on semiconductor advancements. The collaboration will involve nearly 100 PhD students over the next decade and includes ASML's €80 million investment in TU/e's new cleanroom facility.

Portfolio Pulse from Shivani Kumaresan

May 23, 2024 | 3:26 pm

KMI

MDST

TPYP

Kinder Morgan, Inc. (KMI) has acquired oil and gas-producing assets in West Texas for about $100 million, aiming to leverage U.S. carbon capture incentives to boost output. The acquisition includes 265 wells and 11,600 acres of land. KMI plans to sell older oilfields to focus on higher-potential properties. Investors can gain exposure through ETFs like MDST and TPYP.

Portfolio Pulse from Lekha Gupta

May 23, 2024 | 3:15 pm

GOOG

GOOGL

Google has signed deals to power its data centers in Japan with solar energy, as part of its commitment to sustainability and reducing carbon emissions.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 3:15 pm

MDT

Medtronic Plc (NYSE:MDT) reported strong Q4 2024 earnings, with sales of $8.59 billion beating consensus estimates. The company saw broad-based organic revenue growth across all segments and increased its quarterly dividend. Despite positive results, MDT shares are down 2.64%.

Portfolio Pulse from Vandana Singh

May 23, 2024 | 3:14 pm

CTHR

Charles & Colvard has announced an exclusive strategic alliance with the International Gemological Institute to introduce comprehensive grading reports for moissanite gemstones and jewelry.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 3:04 pm

EVGN

Biomica has announced promising initial results from its Phase 1 clinical trial of BMC128, a microbiome-based immuno-oncology candidate, in combination with Nivolumab for patients with NSCLC, melanoma, or RCC.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 3:02 pm