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DARP

MU

NVDA

SMH

Nvidia is finalizing the certification process for Samsung's high-bandwidth memory (HBM) chips, which are crucial for training AI platforms. Nvidia is also evaluating HBM chips from Micron Technology. SK Hynix, a key supplier to Nvidia, has seen a stock surge due to its advanced HBM3 and HBM3e chips. Samsung's shares rose by 4.1% following Nvidia CEO Jensen Huang's comments on the need for additional engineering work on Samsung's HBM product. Nvidia's stock has gained over 195% in the last 12 months, and investors can gain exposure via VanEck Semiconductor ETF and Grizzle Growth ETF.

Portfolio Pulse from Shivani Kumaresan

June 04, 2024 | 5:27 pm

WSM

Analysts' ratings for Williams-Sonoma (NYSE:WSM) over the last quarter show a mix of sentiments, with a notable increase in the average 12-month price target by 16.64%. Key analysts have raised their price targets, reflecting a positive outlook despite a recent revenue decline.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 5:01 pm

MTB

Analysts have mixed ratings for M&T Bank (NYSE:MTB) with a range of bullish to bearish sentiments. The average 12-month price target has increased to $162.42, reflecting a 4.18% rise from the previous target. Key financial indicators show challenges in revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 5:00 pm

GTES

Over the past three months, 8 analysts have reviewed Gates Industrial Corp (NYSE:GTES), with opinions ranging from bullish to bearish. The average 12-month price target has increased to $19.25, reflecting a 10.44% rise from the previous target. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Despite these positive adjustments, Gates Industrial Corp faces financial challenges, including a decline in revenue growth, low net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 5:00 pm

BBWI

CCL

DIA

IWM

QQQ

SAIA

SPY

TLT

XLB

XLRE

Stocks dipped on Tuesday amid growth concerns, with major indices trading in the red. The S&P 500 faced selling pressure, and small caps were hit hard, with the iShares Russell 2000 ETF (IWM) down 1.4%. Economic data showed a sharp decline in job openings, increasing bets on a Federal Reserve rate cut in September. This boosted bond prices, with the iShares 20+ Year Treasury Bond ETF (TLT) rising 1%. Commodities fell, with oil prices down for five straight days. Bitcoin surged 3%. Notable stock movers included Saia Inc. (SAIA) up 7%, Carnival Corp. (CCL) up 4%, and Bath & Body Works Inc. (BBWI) down 13%.

Portfolio Pulse from Piero Cingari

June 04, 2024 | 5:00 pm

NVR

NVR (NYSE:NVR) has significantly outperformed the market over the past 10 years, delivering an average annual return of 20.76%. A $100 investment in NVR 10 years ago would be worth $659.04 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 5:00 pm

LLY

Eli Lilly and Co (NYSE:LLY) has significantly outperformed the market over the past 5 years, delivering an average annual return of 48.73%. A $100 investment in LLY 5 years ago would be worth $700.55 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 5:00 pm

AAPL

ADBE

AMZN

GETY

GOOGL

META

SSTK

Shutterstock Inc. (NYSE:SSTK) has partnered with Reka AI to enhance its digital asset metadata using multimodal language AI models. This partnership aims to improve the metadata of Shutterstock's extensive library of digital assets. The licensing business with AI firms generated $104 million in revenue last year, and Shutterstock anticipates this segment to generate $250 million in sales by 2027. The company's shares are currently trading lower by 2.13%.

Portfolio Pulse from Shivani Kumaresan

June 04, 2024 | 4:51 pm

LII

Lennox Intl (NYSE:LII) has significantly outperformed the market over the past 15 years, delivering an average annual return of 19.49%. A $1000 investment in LII 15 years ago would be worth $14,454.17 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 4:30 pm

QCOM

Qualcomm (NASDAQ:QCOM) has outperformed the market over the past 20 years with an average annual return of 9.27%. A $1000 investment in QCOM 20 years ago would be worth $5,792.51 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 4:30 pm