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ITA

LMT

QQQ

SPY

The Biden administration has lifted restrictions on Ukraine using U.S.-supplied weapons for offensive operations inside Russia, marking a significant shift in U.S. strategy. This policy change has led to a rise in defense stocks, with the iShares U.S. Aerospace & Defense ETF (ITA) and Lockheed Martin Corp. (LMT) seeing notable gains.

Portfolio Pulse from Piero Cingari

May 30, 2024 | 9:48 pm

TJX

TJX Companies (NYSE:TJX) has outperformed the market over the past 10 years with an average annual return of 14.05%, surpassing the market by 3.58% annually. A $1000 investment in TJX 10 years ago would be worth $3,812.28 today.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 9:30 pm

EW

Edwards Lifesciences (NYSE:EW) has significantly outperformed the market over the past 20 years, delivering an average annual return of 18.34%. A $100 investment in EW 20 years ago would be worth $2,919.93 today. The company's current market capitalization is $52.96 billion.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 9:30 pm

PARA

Paramount Global (NASDAQ:PARA) shares rose as the company's independent committee prepares to review an enhanced merger proposal from Skydance Media. The revised offer is expected to be more favorable to shareholders, involving more cash investment from Skydance.

Portfolio Pulse from Vaishali Prayag

May 30, 2024 | 9:27 pm

S

SentinelOne, Inc. (NYSE:S) reported mixed Q1 results with an EPS miss and a sales beat. The company reported a quarterly loss of 23 cents per share, missing the analyst consensus estimate by 360%. However, quarterly sales came in at $186.4 million, beating the estimate by 2.93% and representing a 39.74% increase year-over-year. Despite positive revenue growth and the first-ever quarter of positive free cash flow, the stock fell 12.6% after-hours.

Portfolio Pulse from Erica Kollmann

May 30, 2024 | 9:22 pm

SPY

Former President Donald J. Trump will be sentenced on July 11. This news could have implications for the stock market, particularly for ETFs like SPY that track the overall market performance.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 9:18 pm

SPY

USO

VGK

U.S. and British military forces conducted strikes against 13 Houthi targets in Yemen, according to a Reuters report.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 9:16 pm

DJT

SPY

House Speaker Johnson has declared today a shameful day in American history following a verdict against President Trump. Johnson believes Trump will rightfully appeal the verdict and win.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 9:14 pm

DJT

Former President Donald Trump has been found guilty on all 34 counts in a criminal trial related to falsified business records. The trial, which included testimony from Michael Cohen and Stormy Daniels, concluded with a guilty verdict. Trump's team is expected to appeal, and while he may not face prison time, probation or home confinement could impact his 2024 presidential campaign. Trump Media & Technology shares fell 11% in after-hours trading following the verdict.

Portfolio Pulse from Chris Katje

May 30, 2024 | 9:14 pm

GPS

Gap Inc (NYSE:GPS) reported strong Q1 earnings, beating revenue and EPS estimates. The company raised its full-year guidance, expecting higher net sales and operating income growth. Shares surged 21.9% in after-hours trading.

Portfolio Pulse from Adam Eckert

May 30, 2024 | 9:13 pm