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MDIA

Mediaco shares resumed trading but were quickly halted again due to a circuit breaker as the stock plummeted by 28.6%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:49 pm

XBIT

XBiotech announced that the primary endpoint for its Phase 2 study was to assess the safety and tolerability of Natrunix when used with the ON+5FU+LV combination. The study found fewer adverse events in the Natrunix arm compared to the placebo, with significantly fewer events in specific categories during the 24-week treatment period.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:49 pm

PBR

Petrobras shares are trading higher after the company settled a tax dispute, agreeing to pay 19.8 billion reais in back taxes to the federal government.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:48 pm

XBIT

XBiotech (NASDAQ:XBIT) announced promising results from its Phase 1/2 study for advanced pancreatic cancer, showing that its Natrunix antibody, when combined with an established chemotherapy regimen, may improve treatment outcomes and tolerability.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:48 pm

NFLX

Investors with significant capital have taken a bearish stance on Netflix (NASDAQ:NFLX), as observed through 32 uncommon options trades. The sentiment is split with 28% bullish and 34% bearish. The trades include 7 puts worth $690,235 and 25 calls worth $1,152,233. Analysts have mixed ratings with an average target price of $716.4.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 3:46 pm

SPY

Fed's Collins states that recent inflation data is encouraging, with notable progress in lowering inflation. However, inflation remains above the 2% target. The economy has shown remarkable resilience.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:46 pm

SPY

Fed's Collins suggests that the U.S. Central Bank should remain patient on monetary policy and cautions against overreacting to recent inflation data. Collins remains optimistic about the economy and monetary policy but notes it is too soon to determine if inflation is retreating to 2%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:45 pm

SMCI

Super Micro Computer shares are trading higher after the company added three new manufacturing facilities.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:45 pm

AMAT

AMD

AMZN

AVGO

GOOG

META

MSFT

MU

NVDA

QCOM

SPY

The top 10 AI-related stocks now comprise 28% of the S&P 500, doubling their share since early 2023. This surge has significantly contributed to the S&P 500's performance, with NVIDIA, Google, and Microsoft being major drivers. The SPDR S&P 500 ETF Trust (SPY) has appreciated by over 30% in the past eight months.

Portfolio Pulse from Hayden Buckfire

June 18, 2024 | 3:45 pm

SID

Companhia Siderurgica Nacional S.A. (SID) shares have resumed trading.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 3:44 pm