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AMZN

CRM

GOOG

GOOGL

MSFT

Microsoft's emissions have increased by nearly a third since 2020 due to data center expansion for AI and cloud computing. Despite a reduction in direct emissions, supply chain emissions surged. Microsoft plans to require suppliers to use 100% carbon-free electricity by 2030 and support $10 billion in renewable energy projects.

Portfolio Pulse from Anusuya Lahiri

May 16, 2024 | 2:57 pm

INFY

Infosys has announced a strategic multi-year collaboration with Telstra to accelerate software engineering and IT transformation, aiming to enhance customer experience.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:38 pm

DOGEUSD

Dogecoin (DOGE) has prompted bullish predictions from traders after significant whale transactions were observed. Popular traders Cold Blooded Shiller and Kaleo see potential for a price pump. Whale Alert reported large DOGE transactions, and IntoTheBlock data shows a rise in large transactions and open interest.

Portfolio Pulse from Khyathi Dalal

May 16, 2024 | 2:35 pm

BMY

Bristol Myers Squibb (NYSE:BMY) announced new four-year results from the POETYK PSO long-term extension trial of Sotyktu (deucravacitinib) for moderate-to-severe plaque psoriasis. The data showed durable response rates and consistent safety, with no new safety signals observed.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:26 pm

BA

Boeing shares are trading higher, likely due to reports that United Airlines can add new plans and routes after the FAA eased an operational freeze.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:23 pm

VKTX

Viking Therapeutics shares are trading lower following weight loss data from competitor Roche.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:21 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for May 16th, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key support and resistance levels for each stock, offering potential bullish and bearish targets. The memo also highlights important economic data releases and Fed speeches scheduled for the day, which could impact market volatility.

Portfolio Pulse from RIPS

May 16, 2024 | 2:18 pm

DE

Deere executives have indicated that many of their product lines are anticipating retail demand to be under production for the remainder of the year. Additionally, increases in used inventory levels, especially for late model year machines, are influencing purchase decisions.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:14 pm

AMZN

BABA

MSFT

Citron Research has posted on X that Alibaba ($BABA) is gaining momentum and is expected to surpass $100. The company is poised to emulate the success of Amazon ($AMZN) and Microsoft ($MSFT) in China, with significant AI cloud prospects and strategic investments. Qwen is leading China's LLM efforts.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:09 pm

AMC

GME

SAVE

Dave Portnoy criticized the stock market, calling it a rigged casino against small investors. He recently bought $250,000 worth of AMC Entertainment and GameStop stocks, which initially surged but then retreated. Portnoy also highlighted the challenges posed by high-frequency trading and advised against holding stocks indefinitely.

Portfolio Pulse from Aaron Bry

May 16, 2024 | 1:39 pm