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CRWD

EWW

Indian stocks fell due to election results, natural gas prices dropped on reports that a Norway pipeline could be repaired by Friday, and Crowdstrike is set to report earnings after the close.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:00 pm

VLD

Velo3D has been granted U.S. Patent #11999110 for 'Quality Assurance in Formation of Three-Dimensional Objects'. This patent could enhance Velo3D's technological capabilities and market position in the 3D printing industry.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:59 pm

GILD

The National Institutes of Health (NIH) has initiated two clinical trials to evaluate Gilead Sciences' long-acting HIV prevention injection, lenacapavir. These trials will focus on cisgender women and people who inject drugs. Gilead Sciences (NASDAQ:GILD) is sponsoring and funding the studies, which are part of the HIV Prevention Trials Network (HPTN). The trials will assess the safety, acceptability, and pharmacokinetics of lenacapavir, which is administered every six months. GILD shares are up 1.06% following the announcement.

Portfolio Pulse from Vandana Singh

June 04, 2024 | 7:57 pm

AR

EZFL

TGS

Shares of gas companies are trading lower amid reports indicating a Norway pipeline will be repaired by Friday, alleviating supply concerns.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:54 pm

AAPL

FCUS

INTC

NVDA

SMCI

TSM

ULTY

Super Micro Computer, Inc. (NASDAQ: SMCI) stock traded lower on Tuesday due to broader semiconductor industry trends and Taiwan Semiconductor Manufacturing Co.'s (NYSE: TSM) potential price hikes for AI chip production. At Computex 2024, Supermicro launched its X14 server portfolio, supporting Intel Corp (NASDAQ: INTC) processors. The company also partnered with Foxconn, KDDI, and Sharp to build an AI data center in Japan using Nvidia Corp's (NASDAQ: NVDA) chips. Supermicro stock has gained 245% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

June 04, 2024 | 7:50 pm

CMCSA

F

Ford Motor Co (NYSE:F) is set to unveil the renovated Michigan Central Station in Detroit, a project costing over $900 million. The opening event will feature performances by Diana Ross and Jack White, and will be broadcast live on Comcast's (NASDAQ:CMCSA) Peacock. Ford plans to employ 1,000 workers at the site by the end of 2024, with a goal of 2,500 by 2028.

Portfolio Pulse from Hayden Buckfire

June 04, 2024 | 7:50 pm

BP

BP shares are trading lower due to a decline in oil prices.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:42 pm

AGR

Avangrid, Inc. (NYSE:AGR) has signed a Power Purchase Agreement (PPA) with CPS Energy for a 161-Megawatt (MW) portion of Avangrid's Peñascal I wind farm in Texas. This agreement expands a previous 15-year deal, with CPS Energy more than doubling its power offtake from 77 MW to 161 MW, enough to power about 41,000 Texas homes.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:39 pm

AMD

INTC

AMD shares are trading lower following Intel's announcement of new AI chips, which could intensify competition in the AI hardware market.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:37 pm

NVDA

Nvidia's CEO Jensen Huang announced a 10-for-1 stock split and several AI innovations at the Computex tech expo, leading to a 5% stock surge. The split, scheduled for June 10, is expected to attract more investors.

Portfolio Pulse from Zaheer Anwari

June 04, 2024 | 7:21 pm