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BITF

RIOT

Riot Platforms Inc (NASDAQ:RIOT) shares are volatile amid a potential takeover attempt of Bitfarms Ltd (NASDAQ:BITF). Riot has built a 12% stake in Bitfarms, which has adopted a shareholder rights plan to counter the takeover. Riot criticized the plan as 'shareholder unfriendly.'

Portfolio Pulse from Adam Eckert

June 12, 2024 | 2:13 pm

PCSC

Trading halt status was updated at 10:10:00 AM ET for an IPO security, which has now been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:10 pm

ARRY

IWM

KRE

OPEN

RUN

TAN

VNQ

XBI

XHB

XLB

A cooler-than-expected U.S. inflation report has led to a rally in small caps, real estate, and regional banks, with traders anticipating potential Fed rate cuts. The iShares Russell 2000 ETF (IWM) saw a significant rise, along with sector-specific ETFs like VNQ, XLB, XHB, TAN, KRE, and XBI. Top-performing stocks included Sunrun Inc. (RUN), Array Technologies Inc. (ARRY), and Opendoor Technologies Inc. (OPEN).

Portfolio Pulse from Piero Cingari

June 12, 2024 | 2:09 pm

CCL

NCLH

RCL

Carnival Corp (NYSE:CCL) has resumed operations at the Port of Baltimore after the U.S. Coast Guard reopened the Fort McHenry Channel. The port was closed due to a Maersk containership accident that caused the collapse of the Francis Scott Key Bridge. Carnival Pride resumed sailings on May 26, and shares of Carnival climbed 2.7% in pre-market trading. Royal Caribbean Group (NYSE:RCL) and Norwegian Cruise Line Holdings (NYSE:NCLH) also operate from the Port of Baltimore.

Portfolio Pulse from Michael Juliano

June 12, 2024 | 2:06 pm

SPHR

Sphere Entertainment Co. (NYSE:SPHR) has expanded Jennifer Koester's role to President and Chief Operating Officer. Koester previously served as President of Sphere Business Operations, where she led the strategy and execution of all business aspects of Sphere, a next-generation entertainment medium in Las Vegas.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:02 pm

FXY

JPY/USD is higher following softer-than-expected May CPI figures.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:01 pm

AGCO

Over the past three months, 6 analysts have evaluated AGCO (NYSE:AGCO), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has decreased by 3.94% to $142.33. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. AGCO's financial performance shows a decline in revenue growth but strong profitability and effective cost management.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 2:01 pm

IRM

Iron Mountain (NYSE:IRM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.63%. A $100 investment in IRM 5 years ago would be worth $276.41 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 2:01 pm

DPZ

Domino's Pizza (NYSE:DPZ) has significantly outperformed the market over the past 15 years, delivering an average annual return of 32.42%. A $1000 investment in DPZ 15 years ago would be worth $69,117.04 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 2:01 pm