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SPY

Fed's Williams stated that there has been a lack of progress in lowering inflation recently. However, he expects inflation to moderate in the second half of 2024. He believes that the Fed's policy is well-positioned to bring inflation back to the 2% target, and the risks to achieving the Fed's mandates are moving into better balance.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 4:05 pm

SPY

The S&P 500 Index has resumed its upward trend, indicating a positive market sentiment. This development is likely to impact ETFs that track the index, such as SPDR S&P 500 ETF Trust (SPY).

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 4:01 pm

TEVA

Four analysts have recently provided ratings for Teva Pharmaceutical Indus (NYSE:TEVA), showing a mix of bullish and somewhat bullish perspectives. The average 12-month price target has increased to $18.75, with a high estimate of $21.00 and a low estimate of $14.00. Analysts from B of A Securities, Piper Sandler, and Barclays have raised their price targets, while JP Morgan has announced a neutral rating. Despite positive revenue growth, Teva faces challenges with profitability, debt management, and financial returns.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 4:01 pm

AMSC

MAXN

NBY

ONMD

PATH

U.S. stocks traded lower with the Nasdaq Composite falling over 100 points. Real estate shares rose while information technology shares dipped. Crude oil inventories fell more than expected. Foot Locker, American Superconductor, and OneMedNet saw significant stock price increases following positive news, while Maxeon Solar Technologies, NovaBay Pharmaceuticals, and UiPath experienced sharp declines due to disappointing earnings and guidance.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 4:00 pm

ICLR

Icon (NASDAQ:ICLR) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.28%. A $1000 investment in ICLR 10 years ago would be worth $7,562.40 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 4:00 pm

APD

Air Products & Chemicals (NYSE:APD) has outperformed the market over the past 20 years with an average annual return of 9.02%. A $1000 investment in APD 20 years ago would be worth $5,661.18 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 4:00 pm

LVO

LiveOne Inc (NASDAQ:LVO) reported a 20.9% increase in Q4 2024 revenue to $30.899 million, beating estimates. However, the EPS loss of $(0.03) missed expectations. The company is exploring strategic alternatives, including acquisitions or mergers. Shares fell 1.74% to $1.69.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 3:59 pm

AAPL

AMZN

GOOGL

ROKU

Amazon.com Inc (NASDAQ:AMZN) is rolling out AI-powered search features for its Fire TV devices, aiming to enhance user experience by providing personalized TV show and movie recommendations through Alexa. This move positions Amazon against competitors like Roku Inc (NASDAQ:ROKU), Apple Inc (NASDAQ:AAPL), and Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG).

Portfolio Pulse from Hayden Buckfire

May 30, 2024 | 3:58 pm

DJIA

SPY

The Dow Jones Industrial Average (DJIA) has resumed its upward movement, indicating a positive trend in the market. This development is likely to impact various indices and ETFs, including SPY.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:56 pm

INDY

At Benzinga's AI Virtual Conference, Hightower Advisors CIO Stephanie Link announced that she has purchased the iShares India 50 ETF (INDY), citing India's rapid growth as a key reason for her investment.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:54 pm