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AIQ

AVEM

BABA

META

Alibaba has launched Qwen2, an advanced AI model that claims to outperform Meta's Llama 3 in specific tasks. The company is also expanding its cloud computing services globally and aims for double-digit growth in 2024. Alibaba's stock has declined 9% over the past year but is currently trading higher.

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 4:58 pm

AAPL

NVDA

SONY

TM

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) and Foxconn are driving global supply chain shifts, attracting key industry players. TSMC is expanding in Germany, Japan, and the U.S., while Foxconn is growing in Mexico, India, and Southeast Asia.

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 4:53 pm

WMT

Walmart Inc (NYSE:WMT) has impressed analysts with its e-commerce profitability and new product lines, leading to positive ratings and increased price targets from Oppenheimer, Bank of America, and Telsey Advisory Group. Analysts are optimistic about Walmart's future growth driven by strong management, AI technology, and international markets.

Portfolio Pulse from Hayden Buckfire

June 10, 2024 | 4:39 pm

AR

CRK

FCG

MTD

OBE

REI

TELL

UNG

XLE

US natural gas prices have surged to a 5-month high due to forecasts of hot weather, leading to increased cooling demand. This has positively impacted several energy stocks, particularly those involved in the natural gas market.

Portfolio Pulse from Piero Cingari

June 10, 2024 | 4:30 pm

NOK

Nokia Corporation (NYSE:NOK) conducted the world's first live immersive voice and audio call over a cellular network using its IVAS codec technology, which is part of the upcoming 5G Advanced standard. This technology allows real-time spatial sound, enhancing the typical monophonic smartphone call experience. Despite the successful demonstration, NOK shares are trading lower by 1.02% at $3.87.

Portfolio Pulse from Shivani Kumaresan

June 10, 2024 | 4:22 pm

HUBS

Analysts have provided mixed ratings for HubSpot (NYSE:HUBS) over the past three months, with a recent average 12-month price target of $682.47. The ratings include a mix of bullish and bearish perspectives, with some analysts raising and others lowering their price targets. HubSpot has shown strong revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 4:00 pm

RDFN

Owning a home in the U.S. has become significantly more expensive since the pandemic, with costs jumping 26% due to increased taxes, utilities, and insurance. The median sale price for a single-family home has risen from $311,287 in March 2020 to $436,291 in March 2024, according to Redfin Corp (NASDAQ:RDFN).

Portfolio Pulse from Michael Juliano

June 10, 2024 | 3:45 pm

ETR

NEE

UTES

NextEra Energy and Entergy Corporation have announced a five-year joint development deal to develop up to 4.5GW of new solar generation and energy storage projects across Arkansas, Louisiana, Mississippi, and Texas. This partnership aims to meet growing electricity demand with low-cost, renewable energy.

Portfolio Pulse from Lekha Gupta

June 10, 2024 | 3:45 pm

ELBM

Electra Battery Materials has received $5 million in funding from Natural Resources Canada to support the development of its proprietary battery recycling technology.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 3:45 pm

DPZ

Domino's Pizza executive reports increased engagement from loyalty program members, as stated during the Oppenheimer Conference.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 3:23 pm