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SPY

Fed's Kugler states that inflation remains high but is encouraged by recent progress and its trajectory. He expects further progress on inflation to be gradual and is optimistic that improving supply and cooling demand will support continued disinflation.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:02 pm

SPY

Fed's Kugler suggests that it may be appropriate to begin easing monetary policy later this year if the economy continues to evolve as expected. He believes that current monetary policy is sufficiently restrictive and that economic conditions are moving in the right direction. However, he notes that policy still has more work to do and decisions will be guided by data.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:01 pm

AMZN

BAC

CSCO

NFLX

The CNBC Halftime Report highlighted final trades including Amazon.com, Netflix, Bank of America, and Cisco Systems. These companies are expected to see short-term movements based on the recommendations made during the report.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:00 pm

EDIT

Over the past three months, 5 analysts have evaluated Editas Medicine (NASDAQ:EDIT), with opinions ranging from bullish to bearish. The average 12-month price target has decreased by 25.93% to $10.0. Analysts have adjusted their ratings and price targets in response to market conditions and company performance.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:00 pm

ZUO

In the last three months, 8 analysts have published ratings on Zuora (NYSE:ZUO), with a majority being bullish. Analysts have set a 12-month price target average of $13.25, reflecting a 3.92% increase from the previous average. Key analysts have maintained or raised their ratings, indicating positive sentiment towards Zuora's future performance.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:00 pm

BXMT

Blackstone Mortgage Trust (NYSE:BXMT) has been analyzed by 8 analysts, revealing mixed sentiments. The average 12-month price target is $19.19, a 6.39% decrease from the previous $20.50. Analysts have recently lowered their price targets, reflecting concerns over the company's financial performance, including a decline in revenue growth and profitability challenges.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:00 pm

COR

Cencora (NYSE:COR) has outperformed the market over the past 5 years with an average annual return of 23.14%, resulting in a significant growth in investment value. A $1000 investment in COR 5 years ago would now be worth $2,800.32.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:00 pm

HES

Hess (NYSE:HES) has significantly outperformed the market over the past 5 years, delivering an average annual return of 18.41%. A $1000 investment in HES 5 years ago would be worth $2,342.24 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:00 pm

AAPL

EWA

EWC

EWG

EWH

EWJ

EWQ

EWS

EWU

FXI

Apple Vision Pro will expand its App Store to new markets including China, Hong Kong, Japan, Singapore, Australia, Canada, France, Germany, and the United Kingdom. This expansion is set to occur on June 28 and July 12.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 4:58 pm

BONKUSD

ETHUSD

FLOKIUSD

SOLUSD

The altcoin market is experiencing a significant downturn due to falling Bitcoin prices, Ethereum ETF approval, and massive token unlocks. Solana, a key driver of the altcoin rally in late 2023, is facing critical trend level breaks. Market sentiment is negative, with meme coins like Floki and Bonk losing momentum.

Portfolio Pulse from Murtuza Merchant

June 18, 2024 | 4:58 pm