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Stock Prices

EWU

U.K. retail sales for April decreased by 2.3% month-over-month, significantly worse than the estimated -0.5% and the prior month's -0.2%.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:03 am

NVDA

Nvidia has reduced the prices of its H20 AI chips in China by over 10% to compete with Huawei's Ascend 910B amid increased competition and U.S. sanctions. This move highlights the challenges Nvidia faces in the Chinese market, which contributed 17% of its revenue for fiscal 2024. Despite these challenges, Nvidia continues to adapt its strategy to maintain its presence in China.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 6:03 am

EWU

U.K. Core Retail Sales for April fell by 2.0% month-over-month, significantly missing the estimated decline of 0.6% and the revised prior figure of -0.6%.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:02 am

EWU

U.K. Core Retail Sales for April fell by 3.0% year-over-year, significantly missing the estimated decline of 1.1% and down from the previous month's 0.4% increase.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:02 am

HCM

HUTCHMED will present new and updated data from several studies at ASCO 2024, including a Phase II study of fruquintinib combined with sintilimab in endometrial cancer patients. The study showed significant efficacy improvements and a manageable safety profile, supporting a New Drug Application in China.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 5:51 am

BABA

Alibaba Group has priced a private offering of $4.5 billion in 0.50% convertible senior notes due 2031. The net proceeds will be used for share repurchases and funding capped call transactions.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 5:46 am

ANL

Adlai Nortye will present encouraging preliminary data on the combination of AN0025 and definitive chemoradiotherapy (dCRT) for esophageal cancer at the ASCO 2024 Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 5:42 am

BE

Bloom Energy has increased its green convertible senior notes offering to $350 million from the previously announced $250 million. The notes, due in 2029, will accrue interest at 3.00% per annum and are scheduled to settle on May 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 5:32 am

BTCUSD

DOGEUSD

ETHUSD

The Winnie the Pooh-themed cryptocurrency, POOH, surged 46% in the last 24 hours, driven by a proposal to burn 13 Ether worth of POOH. This comes amid sluggish performance from major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin.

Portfolio Pulse from Aniket Verma

May 24, 2024 | 5:28 am

AMD

ARM

ASML

GOOGL

META

MU

NVDA

QQQ

SOXX

SPY

TSM

Nvidia's remarkable turnaround is set to benefit other industry players like Google, Meta, TSM, and ASML, according to Gene Munster. Nvidia's business surged by 216%, and Munster forecasts significant market dynamics shifts driven by AI advancements. Nvidia's stock is up 115.49% year-to-date, outperforming major ETFs.

Portfolio Pulse from Kaustubh Bagalkote

May 24, 2024 | 5:13 am