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AMZN

MRVL

Marvell Technology shares are trading higher following an unconfirmed report suggesting the company inked a deal with Amazon for second-gen AI chips. However, Wedbush analyst Matt Bryson raised questions about the report's inconsistencies.

Portfolio Pulse from Adam Eckert

June 07, 2023 | 3:58 pm

SMCI

Rosenblatt initiated coverage on Super Micro Computer with a Buy rating and a $300 price target, causing the shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 3:53 pm

GME

The rise of GameStop Corp (NYSE:GME) shares in 2021 was a major stock market story, with the price spike resulting from a short squeeze and a battle between retail investors and hedge funds. Ryan Cohen, founder of Chewy Inc, disclosed a 9% stake in GameStop in August 2020, later increasing it to 13%. Investors who followed Cohen and invested $1,000 in GME at $7.30 per share would now have $3,651.05, a hypothetical return of 265.1%.

Portfolio Pulse from Chris Katje

June 07, 2023 | 3:52 pm

VTGN

VistaGen Therapeutics announced results from its exploratory Phase 2A study of PH80 in women diagnosed with menopausal hot flashes, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 3:50 pm

AKAM

BIIB

BXP

CRM

GOOGL

SLG

Boston Properties Inc. (BXP) is a well-diversified office REIT with 54.5 million square feet in 192 properties concentrated among six of the largest U.S. cities. As of March 31, BXP had 91% of its in-service properties leased, with a weighted average lease term of 7.6 years. Its top four tenants, Salesforce, Alphabet, Biogen, and Akamai Technologies, account for about 11% of the total annualized base rent. BXP has $15.7 billion in debt and pays a quarterly dividend of $0.98 per share.

Portfolio Pulse from Ethan Roberts

June 07, 2023 | 3:49 pm

NAMS

NewAmsterdam Pharma Company announced a secondary offering by selling shareholders of 10,579,210 shares at €0.12 per share, causing the stock to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 3:41 pm

THO

Thor Industries shares are trading higher after multiple firms raised their price targets following better-than-expected Q3 results and an increase in FY23 EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 3:35 pm

CD

Chindata Group Holding has received a preliminary non-binding going private proposal for $8 per share, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 3:33 pm

VRA

Vera Bradley reported better-than-expected Q1 adjusted EPS results and raised its FY24 EPS guidance above estimates, leading to a surge in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 3:33 pm

TMUS

A whale investor has taken a bullish stance on T-Mobile US (NASDAQ:TMUS), with 55% of detected trades showing bullish expectations and 44% bearish. Whales have been targeting a price range of $70 to $130 for T-Mobile US over the last 3 months. HSBC and Tigress Financial maintain their Buy ratings with price targets of $165 and $204, respectively.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 3:32 pm