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U.S. retail sales for May are expected to rise by 0.2% as inflation eases and consumer sentiment improves. The Census Bureau will release the data before Tuesday's trading session. Previous retail sales reports had mixed impacts on major stocks and ETFs.

Portfolio Pulse from Michael Juliano

June 17, 2024 | 8:34 pm

VXRT

Vaxart Inc (NASDAQ: VXRT) shares are trading higher in after-hours trading following updates on business and cash runway. The company announced that proceeds from a recent offering and reimbursements under its Project NextGen award will extend its cash runway into 2026. Vaxart plans to use the funds for a Phase 2b study of its oral COVID-19 vaccine and continues to develop other vaccine programs.

Portfolio Pulse from Adam Eckert

June 17, 2024 | 8:32 pm

BWXT

BWX Technologies has been awarded a Phase Two microreactor evaluation contract for the State of Wyoming, with a total value of $20 million. The project is expected to be completed by Q3 2025. The support among Wyoming stakeholders and potential vendors was strong during Phase One of the cost-share program.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:32 pm

LEN

Lennar Corporation has projected new orders for Q3 to be between 20,500 and 21,000, with an average sales price ranging from $420,000 to $425,000.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:31 pm

LZB

La-Z-Boy (NYSE:LZB) reported Q4 earnings of $0.95 per share, beating the analyst estimate of $0.70. Sales were $553.53 million, also surpassing the $516.44 million estimate. Despite the beats, both earnings and sales were slightly down from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:30 pm

LEN

Lennar (NYSE:LEN) reported Q2 2024 adjusted EPS of $3.38, beating the estimate of $3.24. Sales were $8.77 billion, surpassing the $8.52 billion estimate and showing an 8.95% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:30 pm

DXCM

DexCom (NASDAQ:DXCM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 25.32%. A $1000 investment in DXCM 5 years ago would be worth $2,994.48 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 8:30 pm

TXN

Texas Instruments (NASDAQ:TXN) has significantly outperformed the market over the past 20 years, delivering an average annual return of 11.01%. A $1000 investment in TXN 20 years ago would be worth $8,013.98 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 8:30 pm

CHNG

UNH

The Centers for Medicare & Medicaid Services (CMS) is preparing to close a program that addressed Medicare funding issues resulting from a cyber-attack on Change Healthcare. Payments under the Accelerated and Advance Payment Program for Change Healthcare/Optum payment disruption will conclude on July 12. After this date, CMS will no longer accept new applications for accelerated or advance payments under this program.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:19 pm

IBP

Installed Building Products (IBP) has acquired Thrice Energy Solutions and Gutter Pro Enterprises, adding approximately $14 million in annual revenue. IBP also repurchased $46 million of common stock in June.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:16 pm