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SPY

USO

The U.S. Energy Department is seeking to purchase an additional 6 million barrels of oil to replenish the Strategic Petroleum Reserve (SPR). This move is part of the government's ongoing efforts to stabilize energy supplies and prices.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:35 pm

BLK

Jim Lebenthal announced on CNBC that he has bought more shares of BlackRock (BLK).

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:34 pm

STX

Stephanie Link announced on CNBC that she has bought shares of Seagate Technology.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:34 pm

SHOP

Whales have taken a bearish stance on Shopify (NYSE:SHOP) based on recent options trading data. Out of 17 trades, 52% were bearish, with a significant amount of puts traded. Analysts have mixed ratings on Shopify, with target prices ranging from $67 to $80.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 4:33 pm

GME

Gamestop shares were halted on a circuit breaker due to a significant drop, with the stock now down 23.9%.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:33 pm

AMC

AMC Entertainment Holdings shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:32 pm

ORCL

Oracle (NYSE:ORCL) has significantly outperformed the market over the past 20 years, delivering an average annual return of 12.53%. A $1000 investment in Oracle 20 years ago would be worth $10,741.13 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 4:31 pm

AMZN

Jim Lebenthal announced on CNBC that he has bought more shares of Amazon.com (AMZN).

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:31 pm

ABLV

CMLS

CNET

CSSE

GDC

HRYU

IHRT

KRKR

LFLY

MITQ

MSGM

ONFO

The article highlights the intraday movements of several communication services stocks on Friday. Notable gainers include Leafly Holdings (LFLY), Cumulus Media (CMLS), GD Culture Group (GDC), Hanryu Holdings (HRYU), Chicken Soup for the Soul (CSSE), and iHeartMedia (IHRT). On the losing side, Able View Global (ABLV), 36KR Holdings (KRKR), Motorsport Games (MSGM), Onfolio Holdings (ONFO), ZW Data Action Tech (CNET), and Moving iMage Technologies (MITQ) saw declines.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 4:31 pm

ANEB

AONC

ARCT

ASXC

BMEA

CCM

GERN

INAB

MCRB

NDRA

SCNI

VERO

The article highlights significant intraday movements in health care stocks on Friday. Notable gainers include Venus Concept (VERO), Asensus Surgical (ASXC), American Oncology Network (AONC), Anebulo Pharmaceuticals (ANEB), IN8bio (INAB), and Geron (GERN). On the losing side, Biomea Fusion (BMEA), Scinai Immunotherapeutics (SCNI), Seres Therapeutics (MCRB), Concord Medical Services (CCM), Arcturus Therapeutics (ARCT), and ENDRA Life Sciences (NDRA) saw declines.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 4:31 pm