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IYG

XLF

Visa Inc (NYSE:V) has relaunched its Visa SavingsEdge program with new features aimed at small businesses in the US and Canada. The enhancements include a refreshed website, additional merchant offers, and real-time notifications for cashback. Visa's stock has gained over 21% in the last 12 months, and investors can gain exposure through ETFs like iShares U.S. Financial Services ETF (NYSE:IYG) and SPDR Select Sector Fund – Financial (NYSE:XLF).

Portfolio Pulse from Anusuya Lahiri

June 13, 2024 | 1:44 pm

DOGEUSD

Crypto traders are optimistic about Dogecoin's (DOGE) potential bullish rally based on technical chart analysis. Key liquidity levels and support zones have been identified, suggesting possible price targets. Additionally, there are talks of a DOGE ETF launch.

Portfolio Pulse from Khyathi Dalal

June 13, 2024 | 1:38 pm

BURU

Nuburu has announced a 1-for-40 reverse stock split of its outstanding stock, effective June 24, 2024. Trading of Nuburu shares has been halted pending further news.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:37 pm

BIDU

RDDT

Zhihu Inc. (NYSE:ZH) reported its first-ever revenue decline since its New York listing, with a 3.3% drop in Q1. Despite improving its gross margin by over 5 percentage points, the company's net loss slightly improved, but its adjusted non-GAAP loss widened. Zhihu aims to achieve non-GAAP profitability by year-end. The stock fell 2.5% post-announcement and has lost nearly 40% of its value this year. Comparatively, Baidu (NASDAQ:BIDU) and Reddit (NYSE:RDDT) have higher price-to-sales ratios.

Portfolio Pulse from The Bamboo Works

June 13, 2024 | 1:35 pm

CNVS

Cineverse has surpassed 10 million subscribers on its fandom-focused YouTube channels. This success is driven by eight channels with over 400,000 subscribers each, and new additions like Dog Whisperer and For Us By Us Network.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:33 pm

NVDA

Nvidia shares are trading higher on continued momentum following a recent stock split.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:33 pm

ARM

SSNLF

TSM

Samsung Electronics unveiled its latest AI chips and strategic vision at the Samsung Foundry Forum, aiming to challenge TSMC's dominance in the semiconductor market. The company introduced new process nodes SF2Z and SF4U, and showcased its advanced backside power delivery network technology. Samsung aims to increase its market share and enhance its position in the competitive foundry market.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 1:33 pm

VUZI

Vuzix has announced the development of large format waveguide designs and manufacturing capabilities, with form factors ranging from several inches to several feet.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:32 pm

AAPL

AMD

NVDA

QCOM

TSM

VTI

VUG

Nvidia Corp (NASDAQ:NVDA) is trading higher on Thursday due to strong demand for its AI-related products. Nvidia, Apple, Qualcomm, and AMD have nearly fully booked TSMC's 3nm chip production until 2026. TSMC plans to increase 3nm production capacity. The U.S. government may add Russia to its semiconductor embargo list. Nvidia's stock has gained over 205% in the last 12 months. Investors can gain exposure to Nvidia through Vanguard Total Stock Market ETF (NYSE:VTI) and Vanguard Growth ETF (NYSE:VUG).

Portfolio Pulse from Anusuya Lahiri

June 13, 2024 | 1:31 pm

NEP

NextEra Energy Partners shares are trading lower after Mizuho downgraded the stock from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:30 pm