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CPB

Campbell Soup Company (NYSE:CPB) reported a 6% YoY net sales growth for Q3 fiscal 2024, beating expectations. The Meals & Beverages segment saw a 15% increase, while Snacks declined by 2%. Adjusted EPS was $0.75, surpassing the consensus of $0.70. The company updated its fiscal 2024 guidance, expecting adjusted EPS of $3.07-$3.10 and sales growth of 3%-4%. CPB shares are trading lower by 1.63%.

Portfolio Pulse from Akanksha Bakshi

June 05, 2024 | 3:03 pm

NEARUSD

NEAR Protocol's price has risen 4.12% to $7.57 in the past 24 hours, despite a 1.0% loss over the past week. The trading volume has fallen 6.0% over the past week, with a slight decrease in circulating supply. NEAR Protocol's market cap is currently $8.19 billion, ranking it #20.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:02 pm

GME

SEC Chair Gary Gensler discussed AI's transformative role in public markets, potential manipulation in GameStop trading by 'Roaring Kitty,' and insider trading rules for Congress members. He emphasized the risks and challenges AI brings, the importance of not misleading the public, and the need for everyone to follow insider trading laws.

Portfolio Pulse from Adam Eckert

June 05, 2024 | 3:02 pm

ACLS

ACMR

ARM

AVGO

FSLR

LRCX

MRVL

ONTO

QCOM

SEDG

VECO

Shares of semiconductor stocks are trading higher amid possible sympathy with NVIDIA.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 3:01 pm

AXSM

15 analysts have recently evaluated Axsome Therapeutics (NASDAQ:AXSM), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased by 7.07% to $137.8. Analysts have adjusted their ratings and price targets, reflecting their responses to recent developments. Despite positive analyst sentiment, Axsome faces financial challenges, including a decline in revenue, low net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:01 pm

SHIBUSD

Shiba Inu's (SHIB) price has increased by 6.86% in the past 24 hours to $0.000026, despite a 6.0% loss over the past week. Trading volume has decreased by 64.0%, while the circulating supply has risen by 0.12%, bringing the market cap to $15.15 billion.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:01 pm

CSCO

Analysts have provided diverse evaluations of Cisco Systems (NASDAQ:CSCO) over the past three months, with a mix of bullish, somewhat bullish, and indifferent ratings. The average 12-month price target has increased to $53.75. Key financial metrics show a decline in revenue growth but strong net margins and effective debt management.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:01 pm

FIS

PYPL

The article provides a comparative analysis of Fiserv (NYSE:FI) against its major competitors in the Financial Services industry. Key financial metrics such as P/E, P/B, P/S, ROE, EBITDA, gross profit, and revenue growth are evaluated. Fiserv shows potential undervaluation based on P/E and P/B ratios but may be overvalued based on P/S ratio. The company has strong EBITDA and gross profit but lower ROE and revenue growth compared to industry averages.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:00 pm

CPAY

Analysts have provided mixed ratings for Corpay (NYSE:CPAY) over the past three months, with a range of bullish to bearish sentiments. The average 12-month price target is $338.6, with a high of $376.00 and a low of $285.00. Corpay has shown solid revenue growth and strong financial performance, but its high debt-to-equity ratio raises concerns.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:00 pm

COST

The article provides an in-depth analysis of Costco Wholesale (NASDAQ:COST) compared to its competitors in the Consumer Staples Distribution & Retail industry. It highlights key financial metrics, market position, and growth prospects, indicating that Costco is trading at a premium but faces challenges in profitability and revenue growth.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:00 pm