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GOVX

Geovax Labs has received a BARDA Project NextGen award to conduct a Phase 2b clinical study for its next-generation COVID-19 vaccine candidate, GEO-CM04S1. The direct award is approximately $24.3 million, with potential to increase to $45 million.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:17 pm

Citi's CFO announced that the bank expects to gain more business from multinational companies, with 30% of its services clients potentially increasing their business with the bank.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:12 pm

Over the past three months, 4 analysts have evaluated NiSource (NYSE:NI), with all ratings being somewhat bullish. The average 12-month price target has increased to $31.25, reflecting a 3.31% rise from the previous target. Analysts from BMO Capital, Barclays, and Evercore ISI Group have raised their price targets, indicating positive sentiment despite recent revenue challenges.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:00 pm

COR

Cencora (NYSE:COR) has outperformed the market over the past 5 years with an average annual return of 23.14%, resulting in a significant growth in investment value. A $1000 investment in COR 5 years ago would now be worth $2,800.32.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:00 pm

HES

Hess (NYSE:HES) has significantly outperformed the market over the past 5 years, delivering an average annual return of 18.41%. A $1000 investment in HES 5 years ago would be worth $2,342.24 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:00 pm

AAPL

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Apple Vision Pro will expand its App Store to new markets including China, Hong Kong, Japan, Singapore, Australia, Canada, France, Germany, and the United Kingdom. This expansion is set to occur on June 28 and July 12.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 4:58 pm

PPC

Pilgrim's Pride Corp (NASDAQ:PPC) is expected to see growth due to rising demand for chicken, driven by beef shortages and health-conscious consumers. Analyst John Staszak from Argus Research initiated coverage with a Buy rating and a price target of $41. The company is poised for margin expansion and plans to allocate strong cash flow to growth initiatives.

Portfolio Pulse from Priya Nigam

June 18, 2024 | 4:56 pm

AMC

GME

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading slightly higher after the company reported its most attended and highest grossing weekend of 2024, driven by the opening of 'Inside Out 2' and strong holdover from 'Bad Boys: Ride or Die.' Over one million people visited AMC theaters each day last weekend, with total U.S. attendance reaching approximately 3.8 million. AMC's international theaters also saw double-digit percentage increases in attendance. Additionally, GameStop Corp (NYSE:GME) has seen increased attention from retail investors following the return of trader Keith Gill to social media. GameStop CEO Ryan Cohen emphasized profitability and store reduction in the company's future plans during the annual shareholder meeting.

Portfolio Pulse from Adam Eckert

June 18, 2024 | 4:48 pm

Citi's CFO has indicated that the momentum in the bank's services business is not solely driven by interest rates.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 4:47 pm

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U.S. retail sales for May fell short of expectations, signaling a potential slowdown in economic growth. The U.S. Census Bureau reported a 0.1% increase from April to May, missing the 0.2% forecast. Major ETFs and retailers had mixed reactions, with some gaining slightly and others slipping. Economists expressed concerns about the implications for consumer spending and economic growth.

Portfolio Pulse from Michael Juliano

June 18, 2024 | 4:44 pm