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Micron Technology (NASDAQ:MU) shares are trading lower due to construction delays caused by the discovery of endangered bat species at a prospective factory site. Despite this, several analysts have raised their price targets for the stock. Micron is set to report its Q3 financial results on June 26, with expected earnings of 49 cents per share and revenue of $6.634 billion.

Portfolio Pulse from Erica Kollmann

June 21, 2024 | 4:13 pm

TSLA

Hyundai Motor Company is launching two new electric vehicles in Europe, the Inster EV and a new IONIQ model, to boost its market share. Despite rivals like General Motors, Ford, and Tesla scaling back, Hyundai is pushing forward. The Inster EV will debut at the Busan International Mobility event on June 27th. Hyundai's IONIQ 5 set a new sales record in May, and the company is opening its first EV and battery plant in the US later this year. Hyundai and Kia are closing the market share gap with Tesla in the US.

Portfolio Pulse from Upwallstreet

June 21, 2024 | 3:56 pm

BIDU

HAO

Haoxi Health Technology Ltd. (NASDAQ:HAO) saw its shares drop by 28% after announcing plans to raise additional funds just six months after its IPO. Despite strong financial growth, investor confidence waned due to concerns over the company's heavy reliance on ByteDance and rising accounts payable.

Portfolio Pulse from The Bamboo Works

June 21, 2024 | 3:53 pm

3iQ Corp

BTCUSD

SOLUSD

Solana (SOL) is experiencing a continuous decline, prompting concerns from prominent traders. Despite Bitcoin's stability, SOL is down 37% from its peak. However, some influencers remain bullish, citing its resilience at the $125 support level. Additionally, 3iQ Corp plans to launch North America's first Solana-based ETP in Canada.

Portfolio Pulse from Khyathi Dalal

June 21, 2024 | 3:46 pm

GILD

LLY

MRK

NVO

PFE

Gilead Sciences (GILD) faces speculation about entering the obesity drug market, but remains focused on liver treatments, particularly NASH. Despite a brief stock surge, analysts doubt Gilead's competitiveness in obesity drugs. Companies like Eli Lilly (LLY) and Novo Nordisk (NVO) lead the obesity drug market, while others like Pfizer (PFE) and Merck (MRK) explore opportunities.

Portfolio Pulse from Vandana Singh

June 21, 2024 | 3:42 pm

AXP

IPAY

JRNY

SQSP

American Express (AXP) has agreed to acquire Tock from Squarespace (SQSP) for $400 million and Rooam for an undisclosed amount. These acquisitions aim to enhance American Express's restaurant and payment technology offerings. The deals are subject to regulatory approval. AXP shares are down 0.53% at $229.00.

Portfolio Pulse from Lekha Gupta

June 21, 2024 | 3:40 pm

IBRX

ImmunityBio shares are trading higher following the announcement of insurance coverage for ANKTIVA across multiple states and the administration of the first commercial doses.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 3:40 pm

GILD

Gilead Sciences, Inc. (NASDAQ:GILD) stock is trading higher on Friday following the release of positive Phase 3 trial data for its HIV prevention drug, Lenacapavir. The drug showed 100% efficacy in preventing HIV in cisgender women, outperforming the once-daily oral Truvada.

Portfolio Pulse from Dylan Berman

June 21, 2024 | 3:36 pm

JPM

JPMorgan Chase is expanding its presence in South Florida by doubling its office space in downtown Miami and opening a new office in West Palm Beach. The expansion will add capacity for 400 additional employees and create over 380 local construction jobs annually. The firm also plans to open three new J.P. Morgan-branded branches in Palm Beach County next year.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 3:33 pm

MARA

Deep-pocketed investors have shown significant interest in Marathon Digital Holdings (NASDAQ:MARA) through options trading, with a majority leaning bullish. The stock is currently trading at $19.59, down by 5.18%. Analysts have mixed ratings, with price targets ranging from $14 to $27.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 3:31 pm