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Stock Prices

BAC

DIA

GLD

IWM

UNH

The Dow Jones Industrial Average and gold hit all-time highs as investors anticipate a September rate cut by the Federal Reserve. Small caps, tracked by the iShares Russell 2000 ETF (IWM), outperformed tech stocks. Key movers include Bank of America (BAC), UnitedHealth Group (UNH), and Boeing (BA).

Portfolio Pulse from Piero Cingari

July 16, 2024 | 5:20 pm

AAPL

Apple's iOS 18 public beta introduces significant user experience enhancements and advanced AI technologies, driving a 21% increase in its stock value. The company's financial health remains robust, with strong investor confidence and a bullish stock trend.

Portfolio Pulse from Zaheer Anwari

July 16, 2024 | 5:20 pm

BIDU

Goldman Sachs analyst Lincoln Kong projects a 54.6% upside for Baidu (NASDAQ:BIDU) due to its Robotaxi initiative. Key factors include policy support, fleet expansion, and improved unit economics. Despite near-term advertising challenges, Baidu's cloud business is expected to grow in the second half of 2024.

Portfolio Pulse from Surbhi Jain

July 16, 2024 | 5:19 pm

APD

IYM

XLB

Air Products and Chemicals, Inc. (NYSE: APD) shares are surging due to Aramco's agreement to acquire a 50% stake in its Blue Hydrogen Industrial Gases Company (BHIG). This partnership aims to expand the hydrogen economy in the Middle East. Investors can also gain exposure to APD via IShares U.S. Basic Materials ETF (NYSE: IYM) and Materials Select Sector SPDR (NYSE: XLB).

Portfolio Pulse from Lekha Gupta

July 16, 2024 | 5:16 pm

SMH

VTV

Micron Technology Inc. (NASDAQ:MU) is facing a federal lawsuit for allegedly infringing on 11 patents owned by Chinese chipmaker Yangtze Memory Tech. Co. Ltd. (YMTC). The lawsuit follows a $445 million jury verdict against Micron for infringing Netlist Inc.'s semiconductor patents. Despite these legal challenges, Micron remains optimistic about its future, focusing on AI computing and enterprise storage products. Investors can gain exposure to Micron through VanEck Semiconductor ETF (NASDAQ:SMH) and Vanguard Value ETF (NYSE:VTV).

Portfolio Pulse from Anusuya Lahiri

July 16, 2024 | 5:15 pm

KSCP

Knightscope shares are trading higher following the announcement of the Knightscope K1 Laser.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 5:14 pm

AMIX

CYN

SCHW

SILO

TKLF

Shares of The Charles Schwab Corporation (NYSE:SCHW) fell over 7% following their second-quarter results, which showed a decline in adjusted net income and EPS. Other stocks such as Yoshitsu Co., Ltd (NASDAQ:TKLF) and Silo Pharma, Inc. (NASDAQ:SILO) saw significant gains, while Cyngn Inc. (NASDAQ:CYN) and Autonomix Medical, Inc. (NASDAQ:AMIX) experienced notable declines.

Portfolio Pulse from Avi Kapoor

July 16, 2024 | 5:06 pm

SHIBUSD

Shiba Inu (SHIB) is showing significant bullish momentum, with technical indicators suggesting further growth. Crypto trader Javon Marks forecasts a potential +351% move towards its all-time high. Key metrics from Shibarium and IntoTheBlock data support this bullish outlook.

Portfolio Pulse from Khyathi Dalal

July 16, 2024 | 5:06 pm

RUN

Sunrun Inc (NASDAQ:RUN) has shown a bullish trend with the formation of a Golden Cross on its technical chart, indicating potential upside. The stock is trading above key moving averages, and analysts have given it a strong Buy rating with a price target suggesting a 55% upside.

Portfolio Pulse from Surbhi Jain

July 16, 2024 | 5:06 pm

MULN

Mullen Automotive (NASDAQ:MULN) shares are trading lower after the company announced leadership changes at its unit, Bollinger Motors. Former GM executive James Taylor was named CEO, while Robert Bollinger will remain on the Board. Bollinger Motors plans to debut the Bollinger B4 Chassis Cab in late 2024 and has qualified for federal clean vehicle incentives.

Portfolio Pulse from Nabaparna Bhattacharya

July 16, 2024 | 5:02 pm