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ASML

LRCX

BofA Securities analyst Didier Scemama reiterated a Buy rating on ASML Holding N.V. (NASDAQ:ASML) with an increased price target, citing higher demand for EUV tools and AI infrastructure. Scemama also raised revenue and EPS estimates for 2025 and 2026. Lam Research Corp (NASDAQ:LRCX) was mentioned in relation to AI server content.

Portfolio Pulse from Anusuya Lahiri

June 07, 2024 | 6:29 pm

BTCUSD

Bitfinex analysts predict Bitcoin could peak at $120,000 by late 2024, driven by historical patterns and on-chain indicators. They also foresee a significant altcoin season, particularly in DeFi, AI, and meme coins. Potential challenges include regulatory crackdowns, macroeconomic factors, and market saturation.

Portfolio Pulse from Murtuza Merchant

June 07, 2024 | 6:29 pm

WMT

Walmart's executive announced that the last two quarters for Myntra's apparel business in India have been EBITDA positive, indicating strong financial performance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 6:27 pm

AAPL

AMD

AMZN

GOOGL

INTC

MSFT

NVDA

Nvidia's H100 processor has significantly boosted the company's market position, making it the world's second-most valuable company. The chip's high demand and advanced capabilities in AI have set Nvidia apart from competitors like AMD, Intel, and major cloud providers such as Amazon, Google, and Microsoft.

Portfolio Pulse from Shivani Kumaresan

June 07, 2024 | 6:26 pm

WPM

Wheaton Precious Metals (NYSE:WPM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 18.17%. A $1000 investment in WPM 5 years ago would be worth $2,336.08 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 6:01 pm

AMD

Advanced Micro Devices (NASDAQ:AMD) has significantly outperformed the market over the past 5 years, with an average annual return of 39.05%. A $100 investment in AMD 5 years ago would now be worth $506.89. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 6:01 pm

AEM

AMC

BRZE

DIA

DOCU

FCX

GME

IOT

MTN

NEM

QQQ

SPY

TLT

UUP

XLB

XLF

Wall Street hit record highs on Friday following a stronger-than-expected jobs report. Non-farm payrolls increased by 272,000 in May, surpassing expectations. This led to a reassessment of rate-cut hopes, causing bond yields to rise and fixed-income markets to drop. The S&P 500 and Nasdaq 100 reached new highs, while small caps fell. The U.S. dollar index rallied, pressuring commodities like gold and silver. Major ETFs and stocks had mixed performances, with notable declines in GameStop, AMC, and mining stocks.

Portfolio Pulse from Piero Cingari

June 07, 2024 | 5:54 pm

CCI

Crown Castle (NYSE:CCI) has outperformed the market over the past 20 years with an average annual return of 9.97%, resulting in a $100 investment growing to $672.37. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 5:30 pm

NKE

Nike (NYSE:NKE) has outperformed the market over the past 20 years with an average annual return of 12.68%, resulting in a $100 investment growing to $1,096.06. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 5:30 pm

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) shares are trading higher following the announcement of the launch window for its 50th Electron launch. The mission, scheduled for June 19th, 2024, will deploy five Internet-of-Things satellites for the French company Kinéis. This milestone highlights Rocket Lab's significant achievement in spaceflight and its role in enhancing global IoT connectivity.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2024 | 5:26 pm