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GME

WFC

GameStop CEO Ryan Cohen is fined nearly $1M by the FTC for violating the HSR Act during his acquisition of Wells Fargo shares. Cohen failed to file necessary paperwork, exceeding HSR thresholds, and showed intent to influence Wells Fargo's operations. GameStop's recent financial performance showed a decline in sales but a slight profit.

Portfolio Pulse from Vandana Singh

September 19, 2024 | 1:13 pm

SPY

Wall Street analysts are increasing their expectations for further interest rate cuts after the Federal Reserve slashed rates by 50 basis points. The SPDR S&P 500 ETF Trust (SPY) initially hit record highs but pulled back during Fed Chair Powell's press conference. Positive labor market data and predictions of further rate cuts suggest a strong market outlook.

Portfolio Pulse from Piero Cingari

September 19, 2024 | 1:12 pm

SGN

Signing Day Sports shares rose following the announcement of its acquisition of Swifty Global, a sports gaming technology company.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:11 pm

AMD

AVGO

NVDA

SMCI

TSM

AI-related semiconductor stocks, including Nvidia, AMD, Broadcom, and Super Micro, saw gains after the U.S. Federal Reserve cut interest rates by 50 basis points. This move is expected to boost spending in AI technology, benefiting companies heavily invested in AI, despite challenges like U.S. sanctions on China.

Portfolio Pulse from Anusuya Lahiri

September 19, 2024 | 1:07 pm

INAQ

Alpha Modus and Insight Acquisition Corp. have announced the effectiveness of their Form S-4 registration statement for a proposed business combination. The combined company will trade on Nasdaq under the ticker 'AMOD' after stockholder approval.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:05 pm

BTCUSD

RealVision's chief crypto analyst Jamie Coutts suggests a potential bullish shift in the crypto market, with a key indicator needing to hit 45% for confirmation. Currently, only 11% of assets are above their 200-day moving average. Despite recent declines, the risk/reward ratio is favorable for select assets, and liquidity is turning bullish, potentially pushing Bitcoin higher.

Portfolio Pulse from Khyathi Dalal

September 19, 2024 | 1:02 pm

PLUG

Plug Power shares rose following the launch of a new equipment lease financing platform, which could enhance its market position and financial performance.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:01 pm

RRX

Regal Rexnord (NYSE:RRX) has received mixed analyst ratings over the past three months, with a majority being bullish. Analysts have set a 12-month average price target of $195.6, slightly up from the previous $195.00. The company's financials show a decline in revenue growth but strong net margin, ROE, and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 1:01 pm

VSTO

Vista Outdoor (NYSE:VSTO) has received mixed analyst ratings, with a recent average price target of $41.17, reflecting a slight increase. The company's financials show a decline in revenue but strong profitability and effective debt management.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 1:01 pm

ET

GM

GOOG

TTD

On CNBC's 'Halftime Report Final Trades,' analysts discussed General Motors, Energy Transfer, The Trade Desk, and Alphabet. GM is benefiting from rate cuts and expanding partnerships. Energy Transfer is up 16% YTD with a high dividend yield. The Trade Desk is nearing its all-time high, and Alphabet won an appeal against a $1.66 billion EU fine.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 1:00 pm