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CCL

NCLH

RCL

VIK

Carnival Corporation (NYSE: CCL) shares are trading lower after BofA Securities reported softer cruise pricing in June. The Western Caribbean region showed the weakest performance, while Alaska cruises saw a 5% price increase. Carnival has resumed normal operations at the Port of Baltimore and is set to report its Q2 financial results on June 25. Analysts expect a loss of 2 cents per share, but Carnival has beaten estimates in the last four quarters. Other cruise stocks like Royal Caribbean Cruises, Norwegian Cruise Line Holdings, and Viking Holdings also saw declines.

Portfolio Pulse from Erica Kollmann

June 14, 2024 | 5:29 pm

KAVL

Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) shares surged on Friday following the announcement of a $5 million offering of 3,012,048 units at $1.66 per unit. The stock experienced heavy trading volume and multiple volatility halts. Despite a 66.46% decline over the past year, the stock has risen 72.17% in the past month.

Portfolio Pulse from Erica Kollmann

June 14, 2024 | 5:25 pm

ADBE

Adobe Inc (NASDAQ: ADBE) reported better-than-expected fiscal second quarter results, with revenue growing 10% YoY to $5.31 billion and adjusted earnings of $4.48 per share. The company also raised its full-year guidance, expecting adjusted earnings per share between $18.00 and $18.20 on revenue between $21.40 billion and $21.50 billion. Adobe's AI-driven products are seeing robust demand, and the company has not observed any significant economic changes affecting its business.

Portfolio Pulse from Upwallstreet

June 14, 2024 | 5:19 pm

SPY

UNG

USO

The U.S. Baker Hughes Oil Rig Count has decreased by 4 to 488, compared to 492 previously. The total U.S. Baker Hughes Rig Count has also dropped to 590 from 594.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:03 pm

NFE

New Fortress Energy (NFE) has announced that it will begin its first LNG production in the coming days and expects the first cargo delivery in July. The company has also completed pre-commissioning activities for its Fast LNG unit offshore Altamira, Mexico.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:01 pm

WING

Wingstop (NASDAQ:WING) has significantly outperformed the market over the past 5 years, with an average annual return of 34.49%. A $1000 investment in WING 5 years ago would now be worth $4,294.83. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 5:00 pm

ALNY

Alnylam Pharmaceuticals (NASDAQ:ALNY) has outperformed the market over the past 5 years with an average annual return of 17.23%, resulting in a $1000 investment growing to $2,260.70. The company currently has a market capitalization of $20.45 billion.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 5:00 pm

ARHS

WSM

Shares of home goods companies are trading lower following RH's mixed earnings report and weaker consumer sentiment data.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 4:59 pm

BSX

FERG

MSTR

NOW

SQSP

Benzinga's Stock Whisper Index for the week of June 14 highlights five stocks: Ferguson Plc (FERG), Squarespace (SQSP), MicroStrategy (MSTR), ServiceNow (NOW), and Boston Scientific Corporation (BSX). These stocks have garnered increased interest from investors due to various factors such as acquisitions, share repurchase programs, buyout deals, Bitcoin holdings, and strong revenue growth.

Portfolio Pulse from Chris Katje

June 14, 2024 | 4:57 pm

FICO

Fair Isaac (NYSE:FICO) has significantly outperformed the market over the past 10 years, delivering an average annual return of 36.75%. A $100 investment in FICO stock 10 years ago would be worth $2,295.51 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 4:30 pm