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Wall Street saw modest gains on Thursday as traders awaited the Federal Reserve's inflation report. U.S. banks passed the Fed's 2024 stress tests, with regional banks outperforming. The semiconductor sector struggled, while gold and Bitcoin rebounded. Key stock movers included Salesforce, Goldman Sachs, Amazon, and Walgreens Boots Alliance.

Portfolio Pulse from Piero Cingari

June 27, 2024 | 5:33 pm

AOGOU

Trading halt status for AOGOU was updated at 1:30:00 PM ET. The article provides information on news and resumption times.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 5:30 pm

AOGO

Trading halt status for AOGO was updated at 1:25:00 PM ET. The article provides information on the news and resumption times for the stock.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 5:25 pm

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Whirlpool Corporation (NYSE:WHR) shares are trading lower after a surge due to rumors of a potential bid by Robert Bosch GmbH. Goldman Sachs analyst Susan Maklari rated WHR as Buy with a price target of $118, noting Whirlpool's strong market position. However, the company's revenues and adjusted EBITDA have decreased significantly from 2021 to 2023. Investors can also gain exposure to WHR via the iShares Core S&P Mid-Cap ETF (NYSE:IJH) and the Schwab US Dividend Equity ETF (NYSE:SCHD).

Portfolio Pulse from Lekha Gupta

June 27, 2024 | 5:24 pm

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The FDA has approved Epkinly, co-developed by AbbVie and Genmab, for treating relapsed or refractory follicular lymphoma. This approval is based on promising clinical trial results and marks a significant step in oncology treatment. However, market potential is limited by competition and current application scope.

Portfolio Pulse from Vandana Singh

June 27, 2024 | 5:22 pm

AOGO

Trading for AOGO was halted at 12:54:59 p.m. ET due to pending news. Investors should stay tuned for updates as this could impact the stock's short-term performance.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 4:55 pm

AOGOW

Trading in AOGOW was halted at 12:55:00 p.m. ET pending news. Investors should stay tuned for updates as trading halts can indicate significant upcoming announcements.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 4:55 pm

AOGOU

Trading for AOGOU was halted at 12:55:00 p.m. ET due to pending news. Investors should stay alert for further updates.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 4:55 pm

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Bank of America analyst Ebrahim H. Poonawala highlights the varying impacts of the latest Federal Reserve stress test results on different banks. Goldman Sachs was the worst hit with a significant increase in its stress capital buffer, while Huntington saw the most favorable outcome among regional banks. Citigroup and Wells Fargo are expected to handle their changes positively, whereas Citizens Financial Group may face pressure. Regional banks outperformed larger institutions in market reactions.

Portfolio Pulse from Piero Cingari

June 27, 2024 | 4:44 pm

CONN

Conn's shares are trading lower after the company received a delinquency notification letter from Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 4:29 pm