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AVGO

CSCO

MRVL

NVDA

Broadcom Inc. (NASDAQ:AVGO) shares surged following its second-quarter financial results, robust revenue guidance, and the announcement of a 10-for-1 forward stock split. The company exceeded earnings and revenue expectations, and its advancements in AI networking technology further solidify its market leadership.

Portfolio Pulse from Vaishali Prayag

June 17, 2024 | 5:33 pm

BRTX

BioRestorative Therapies, Inc. (NASDAQ:BRTX) shares are trading higher after the company announced it has regained compliance with Nasdaq listing requirements. The company reported a net loss of $2.2 million for Q1, a significant improvement from the $7.2 million loss in the same period last year. The stock is experiencing heavy trading volume.

Portfolio Pulse from Erica Kollmann

June 17, 2024 | 5:31 pm

LRCX

Lam Research shares are trading higher after Wells Fargo maintained an Equal-Weight rating on the stock and raised its price target from $980 to $1100.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:30 pm

BAH

Booz Allen Hamilton (NYSE:BAH) has outperformed the market over the past 5 years, delivering an average annual return of 18.09%. A $100 investment in BAH 5 years ago would be worth $230.42 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 5:30 pm

AME

AMETEK (NYSE:AME) has outperformed the market over the past 10 years, delivering an average annual return of 12.18%. A $1000 investment in AME 10 years ago would be worth $3,127.89 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 5:30 pm

PLTR

Palantir Technologies shares are trading higher after Argus Research initiated a Buy rating on the stock and announced a $29 price target.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:29 pm

TSM

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) shares are trading higher after Susquehanna maintained a Positive rating and raised its price target from $180 to $200. TSMC plans to increase the price of its 3nm wafers and advanced packaging next year. Major clients like Apple and Nvidia have reserved all production capacity until 2026. TSMC hit a new 52-week high of $178.33 and is trading above its 50-day moving average.

Portfolio Pulse from Erica Kollmann

June 17, 2024 | 5:28 pm

APCA

AP Acquisition shares have resumed trading after a temporary halt. This development is significant for investors monitoring the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:26 pm

TSLA

Tesla's new Model 3 Long Range now qualifies for the full $7,500 Federal EV credit in the US, reducing its starting price to $39,990.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:23 pm

BNTX

BioNTech SE's (NASDAQ:BNTX) stock is trading lower due to a partial clinical hold placed by the FDA on a Phase 1 trial of the antibody-drug conjugate product candidate BNT326/YL202, which is being developed in partnership with MediLink Therapeutics. The hold affects the enrollment of new patients in the U.S. due to safety concerns at higher doses.

Portfolio Pulse from Vandana Singh

June 17, 2024 | 5:22 pm