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MSFT

Microsoft has informed new customers that their emails were accessed by hackers, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 9:24 pm

TIGO

Millicom's independent committee has stated that Atlas' $24 per share offer significantly undervalues the company and is not in the best interests of shareholders.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 9:19 pm

INFN

NOK

Nokia Corp (NYSE:NOK) will acquire Infinera Corporation (NASDAQ:INFN) in a transaction valuing Infinera at $6.65 per share, representing a 28% premium to its recent share price. The deal is expected to be accretive to Nokia's earnings per share in the first year post-close.

Portfolio Pulse from Erica Kollmann

June 27, 2024 | 9:10 pm

FL

LULU

NKE

UA

UAA

Shares of footwear and athletic apparel stocks are trading lower in sympathy with Nike.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 9:10 pm

SACH

Sachem Capital has withdrawn its previously announced debt offering due to current market conditions. The company had planned to offer USD-denominated unsecured, unsubordinated notes due in five years.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 9:04 pm

SPY

The upcoming debate between President Joe Biden and former President Donald Trump is expected to focus on the economy and foreign policy. Both candidates have policies that could lead to increased inflation and fiscal spending. Market reactions, particularly long-term Treasury yields and the VIX, are anticipated to be volatile post-debate.

Portfolio Pulse from Piero Cingari

June 27, 2024 | 8:56 pm

GLD

IWM

SPY

TLT

UUP

The upcoming PCE price index report for May, scheduled for release on Friday, is expected to show a slight decrease in inflation. If the report meets or exceeds these expectations, it could bolster investor hopes for Fed rate cuts, potentially sparking a market rally. Key ETFs to watch include SPY, UUP, TLT, GLD, and IWM.

Portfolio Pulse from Piero Cingari

June 27, 2024 | 8:53 pm

SPGI

S&P Global has announced that its full-year financial guidance remains unchanged.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:49 pm

TSLA

Delaware Chancery Court Judge Kathaleen St. J. McCormick will hear arguments on whether to consider recent shareholder vote results in her decision on Elon Musk's $56 billion Tesla pay package. The court will also address attorney's fees on July 8. Analysts have mixed ratings on Tesla with an average 12-month price target of $197.82.

Portfolio Pulse from Erica Kollmann

June 27, 2024 | 8:46 pm

CNGLW

Trading for CNGLW was halted at 4:45:36 p.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:45 pm