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CPAY

Corpay has launched the Corpay World Elite Business Mastercard, aimed at enhancing company spending and employee travel. The card offers cashback, Priority Pass, and Mastercard Travel & Lifestyle Services.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:05 pm

AMZN

CMCSA

DIS

The NBA is nearing a $76 billion TV deal with NBC, ESPN, and Amazon, which will span 11 years and include regular-season and playoff games, as well as the new NBA in-season tournament and 'play-in' games. NBC, ESPN, and Amazon are expected to pay significant annual fees, with the deals set to begin after the 2024-2025 season.

Portfolio Pulse from Benzinga Neuro

June 05, 2024 | 2:01 pm

BTCUSD

ETHUSD

The latest 10x Research report by Markus Thielen suggests that Bitcoin may not reach a new all-time high this month due to risks associated with Ethereum's market behavior. Despite positive macroeconomic indicators, Ethereum's declining fees and historical performance in June could drag Bitcoin down.

Portfolio Pulse from Murtuza Merchant

June 05, 2024 | 1:58 pm

ASML

INTC

SMH

SOXX

TSM

ASML Holding NV (NASDAQ:ASML) stock is trading higher due to plans to deliver its latest high-NA extreme ultraviolet chipmaking machines to Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and Samsung Electronics Co in 2024. Intel Corp (NASDAQ:INTC) has already received its first shipment. Jefferies analysts predict strong orders for ASML, potentially boosting 2025 sales. ASML expects a robust recovery in demand in the second half of the fiscal year, despite the U.S. chip embargo impacting sales to China. ASML stock has gained 35% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

June 05, 2024 | 1:58 pm

CIFR

Cipher Mining has announced significant upgrades to its mining fleet for 2024 and 2025, including accelerated delivery of Bitmain rigs and additional purchases of Canaan miners. The company aims to achieve a self-mining hash rate of ~13.5 EH/s by the end of 2024 and ~35 EH/s by the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:56 pm

VALE

WAB

Vale and Wabtec have signed a R$1.8 billion services agreement to enhance the Carajás Railway locomotive fleet.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:53 pm

ESTA

Establishment Labs shares are trading higher following the announcement that the Center for Devices and Radiological Health has completed its review of the company's premarket approval application for Motiva Implants. The application is deemed approvable pending an acceptable FDA inspection of the company's manufacturing facilities.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:46 pm

ASML

GOOG

PFE

VTR

Alphabet, Ventas, ASML, and Pfizer were highlighted on CNBC's 'Final Trades.' Alphabet announced a $2 billion investment in Malaysia, Ventas reported strong Q1 results, ASML missed sales expectations, and Pfizer's stock is breaking above its 50-day moving average.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 1:28 pm

META

PLTR

Top investor Steven Fiorillo recommends Palantir Technologies Inc (NASDAQ:PLTR) and Meta Platforms Inc (NASDAQ:META) as must-have AI stock picks for the coming year. Both companies are well-positioned to capitalize on advancements in AI software, driven by a substantial inventory of high-performance chips.

Portfolio Pulse from Surbhi Jain

June 05, 2024 | 1:21 pm

IWO

SMCI

TSM

VTI

Super Micro Computer, Inc (NASDAQ:SMCI) introduced a liquid-cooled AI data center optimized for Nvidia Corp AI Enterprise software, promising significant improvements in AI performance and efficiency. The company also announced new products based on Nvidia Blackwell architecture and showcased upcoming systems at COMPUTEX 2024. Supermicro stock is trading up following Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) price hike news. The stock has gained 245% in the last 12 months, and investors can gain exposure via iShares Russell 2000 Growth ETF (NYSE:IWO) and Vanguard Total Stock Market ETF (NYSE:VTI).

Portfolio Pulse from Anusuya Lahiri

June 05, 2024 | 1:17 pm