Streetbeat News

Stock Prices

AAPL

Apple shares are trading higher on continued strength following the company's WWDC event.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:22 pm

AAL

AAPL

AFRM

AMZN

PYPL

VTI

Affirm Holdings (AFRM) has partnered with Brittain Resorts & Hotels to offer flexible payment options for hotel guests, allowing them to pay over time for purchases over $150. Affirm reported a 35% growth in travel and ticketing transactions last quarter. The stock has gained over 106% in the last 12 months and is trading higher by 6.04% to $35.84. Investors can also gain exposure through Vanguard Small-Cap ETF (VB) and Vanguard Total Stock Market ETF (VTI).

Portfolio Pulse from Anusuya Lahiri

June 12, 2024 | 4:22 pm

UBER

CNBC's Steve Weiss has purchased shares of Uber, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:21 pm

AAPL

FPXI

NVO

PPH

Novo Nordisk A/S (NYSE:NVO) is on the verge of surpassing Lego A/S as Denmark's most valuable brand, driven by the global success of its weight-loss drugs, Ozempic and Wegovy. Novo Nordisk's brand value surged by 59% to $5.1 billion, while Lego's increased by 3% to $8 billion. Novo Nordisk's growth has significantly impacted Denmark's economy, contributing to its GDP growth. The company's stock has gained over 80% in the last 12 months. Investors can gain exposure to Novo Nordisk through VanEck Pharmaceutical ETF (NASDAQ:PPH) and First Trust International Equity Opportunities ETF (NASDAQ:FPXI).

Portfolio Pulse from Shivani Kumaresan

June 12, 2024 | 4:21 pm

DNTH

Dianthus Therapeutics shares are trading higher following the FDA clearance of its Phase 2 Investigational New Drug application for the MoMeNtum trial of DNTH103 in patients with Multifocal Motor Neuropathy.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:16 pm

TLRY

Tilray Brands (NYSE:TLRY) has seen a 3.66% increase in its short percent of float, now at 14.46%. This indicates a rise in bearish sentiment, although it is still below the peer group average of 16.29%. It would take traders 5.24 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 4:15 pm

TSLA

Tesla shares are trading higher following a bullish price target from Ark Invest. Morgan Stanley and Cantor Fitzgerald also reiterated bullish ratings on the stock. Additionally, investors await a vote on Elon Musk's pay package.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:13 pm

NEE

NextEra Energy Inc (NYSE:NEE) shares initially dropped but then rose after reaffirming its guidance. Goldman Sachs' analyst Carly Davenport maintained a Buy rating and raised the price target from $74 to $81, citing strong long-term growth prospects and competitive advantages in the renewable business.

Portfolio Pulse from Priya Nigam

June 12, 2024 | 4:09 pm

EWP

FER

INFR

Ferrovial SE shares are down after divesting a 5% stake in IRB Infrastructure Developers for EUR214 million. The sale aligns with Ferrovial's strategy in India and will bolster IRB's liquidity. Ferrovial remains the second-largest shareholder in IRB.

Portfolio Pulse from Lekha Gupta

June 12, 2024 | 4:07 pm

BMR

DDC

GOOGL

ORCL

RNA

THMO

TNXP

VRA

U.S. stocks surged on Wednesday, with the Nasdaq Composite jumping over 300 points. Oracle shares spiked over 11% after reporting Q4 results and announcing a partnership with Google Cloud. Other notable stock movements included DDC Enterprise, Beamr Imaging, and Avidity Biosciences rising significantly, while Tonix Pharmaceuticals, ThermoGenesis Holdings, and Vera Bradley saw substantial declines.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 4:06 pm