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HOOD

Robinhood shares are trading higher following the announcement of a new crypto trading API and the approval of a $1 billion share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 2:35 pm

AAPL

CRM

DIS

GOOGL

HPQ

META

ORCL

PATH

PSTG

STLA

TSLA

Today's top headlines include Uniswap CEO's claim that Democrats recognize their anti-crypto stance as an electoral risk, GM and Stellantis' response to Chinese EV competition with budget-friendly electric vehicles, and various movements in the tech and electric vehicle sectors. Key companies mentioned include Pure Storage, Oracle, UiPath, HP, Salesforce, Google, Apple, Meta, Tesla, Ford, GM, Stellantis, and Disney.

Portfolio Pulse from Akanksha Bakshi

May 30, 2024 | 2:33 pm

Dollar General's executive predicts that consumers will remain price sensitive throughout the year, indicating potential challenges and opportunities for the company in maintaining and attracting customers.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 2:18 pm

GEHC

NFLX

NVDA

On CNBC's 'Halftime Report Final Trades,' analysts discussed their top stock picks. Jim Lebenthal is optimistic about NVIDIA (NVDA) due to its significant gains driven by AI chip demand. Stephanie Link favors GE HealthCare Technologies (GEHC) despite its recent earnings miss. Joseph M. Terranova highlighted Netflix (NFLX), which is banking on new content and may discontinue offline viewing on its Windows app.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 2:17 pm

HOOD

Robinhood Markets, Inc. (NASDAQ:HOOD) has launched a new Crypto Trading API, allowing users to trade cryptocurrencies without opening the application. This new feature aims to provide automation, customization, and enhanced security for crypto trading. Despite a recent decline in crypto trading volumes, Robinhood's first-quarter results showed significant year-over-year growth in cryptocurrency-related revenue.

Portfolio Pulse from Nabaparna Bhattacharya

May 30, 2024 | 2:12 pm

GRUSF

Grown Rogue International Inc. (OTC:GRUSF) reported record Q1 2024 revenue of $6.7 million, an 11% increase year-over-year. The company highlighted Michigan and Oregon as key markets and emphasized expansion efforts in New Jersey and Illinois as primary growth drivers for 2024 and 2025.

Portfolio Pulse from Jelena Martinovic

May 30, 2024 | 2:09 pm

AMZN

CLIX

RTH

TGT

WMT

Amazon has enhanced its Prime membership by making Grubhub subscriptions a permanent benefit, aiming to attract and retain members amid competition from Walmart and Target. This move could make Grubhub more appealing to potential buyers. Amazon's stock has gained 50% in the last 12 months, and investors can gain exposure through ETFs like VanEck Retail ETF and ProShares Long Online/Short Stores ETF.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 2:07 pm

GEHC

GE HealthCare and Tampa General Hospital have expanded their partnership to deploy advanced imaging and ultrasound solutions across Florida. This collaboration aims to enhance patient care and improve diagnostic capabilities.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 2:02 pm

LUCY

Innovative Eyewear Inc (NASDAQ:LUCY) shares have been highly volatile, surging over 100% on Wednesday following the launch of its Eddie Bauer Smart Eyewear collection, which features voice access to OpenAI’s ChatGPT. The company also closed a direct offering of 5.26 million shares at $0.475 per share, raising approximately $2.5 million for working capital and general corporate purposes. Despite a premarket dip, the stock rebounded and was up 17% at $1.11.

Portfolio Pulse from Adam Eckert

May 30, 2024 | 1:57 pm

LUCY

Innovative Eyewear shares are trading higher following the launch of its Eddie Bauer Smart Eyewear collection.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:56 pm