Streetbeat News

Stock Prices

DELL

NVDA

PTF

SKYY

Michael Dell, CEO of Dell Technologies, plans to sell 10 million shares worth $1.3 billion amid the AI boom. This follows a previous sale of $1.6 billion in shares, making 2024 potentially his biggest year of stock liquidation. Despite disappointing earnings in May, Dell stock has surged over 175% in the last 12 months. Investors can gain exposure to Dell through ETFs like PTF and SKYY.

Portfolio Pulse from Shivani Kumaresan

June 12, 2024 | 2:22 pm

AAPL

MSFT

NVDA

Apple's AI strategy unveiled at WWDC 2024 has excited analysts, predicting a significant upgrade cycle for 270 million iPhones and a new AI App Store. Analysts believe Apple, Nvidia, and Microsoft are leading the race to a $4 trillion market cap.

Portfolio Pulse from Rounak Jain

June 12, 2024 | 2:20 pm

NEE

NextEra Energy shares are trading lower after the company issued financial targets. Mizuho downgraded the stock from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:19 pm

FSLR

First Solar shares are trading higher after Oppenheimer maintained an Outperform rating on the stock and raised its price target from $271 to $325.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:18 pm

INTU

Financial giants have made significant bullish moves on Intuit (NASDAQ:INTU) through options trading. Analysis reveals 37% of traders are bullish, with a price window expectation between $500.0 and $625.0. The stock is currently up 5.38% at $597.2, with analysts maintaining strong buy ratings and high target prices.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 2:16 pm

AFRM

CASY

ORCL

RNA

RTO

ZG

Casey's General Stores, Inc. (CASY) reported better-than-expected earnings and increased its dividend, leading to a 16.5% rise in its stock price. Other notable stock movements include Avidity Biosciences, Inc. (RNA) surging 27% due to positive trial data, and Rentokil Initial plc (RTO) jumping 15.5% following a report of Trian's stake. Affirm Holdings, Inc. (AFRM), Zillow Group, Inc. (ZG), and Oracle Corporation (ORCL) also saw significant gains.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 2:15 pm

GME

GameStop shares are experiencing increased volatility and are trading higher after Citron Research announced it is no longer shorting the stock.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:14 pm

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