Streetbeat News

Stock Prices

AEHR

AMKR

CAMT

ENTG

FORM

KLIC

MKSI

MPWR

RMBS

SYNA

TER

Shares of semiconductor stocks are trading higher, driven by the broader chip sector's gains this year amid AI momentum.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:46 pm

HMC

Honda Motor has started production of its new 2025 CR-V E:FCEV fuel cell electric vehicle at the Performance Manufacturing Center in Marysville, Ohio.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:45 pm

AMC

ARM

ASML

AVGO

BF

CPB

CRWD

DIA

DLTR

GME

HPE

MU

NVDA

OLLI

QQQ

SOXX

SPY

XLP

XLRE

The Nasdaq 100 reached record highs driven by strong service sector performance and tech stock gains. The Magnificent Seven hit a $15 trillion valuation, and the iShares Semiconductor ETF (SOXX) had its best day in three months. Major indices and ETFs, including SPY, DIA, and QQQ, saw gains. Key stock movers included HPE, CRWD, DLTR, BF, CPB, OLLI, GME, AMC, ASML, ARM, AVGO, MU, and NVDA.

Portfolio Pulse from Piero Cingari

June 05, 2024 | 5:43 pm

XTKG

X3 Holdings Co Ltd has filed for a mixed shelf offering of up to $300 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:43 pm

NYCB

New York Community Bancorp (NYCB) has approved a 1-for-3 reverse stock split of its common stock. Additionally, shareholders have ratified the issuance of shares from a capital raise planned for March 2024.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:42 pm

AVGR

Avinger shares are trading higher following the company's announcement to increase focus on its coronary artery disease program.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:38 pm

KSCP

Knightscope shares are trading higher after the company announced that it was granted an extension to regain compliance with the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:37 pm

AAPL

ARM

AVGO

CLSK

CRWD

IREN

MSFT

NVDA

PLTR

SMCI

Today's session saw significant options activity in several major IT stocks, including NVDA, AAPL, CRWD, AVGO, CLSK, MSFT, SMCI, IREN, ARM, and PLTR. The sentiment varied from bullish to bearish, with notable trades in NVDA, AAPL, and IREN.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 5:35 pm

AMZN

CLOU

LRNZ

MSFT

SNOW

Snowflake Inc (NYSE:SNOW) is focusing on AI acquisitions to boost growth under new CEO Sridhar Ramaswamy. Despite a failed $1 billion acquisition of Reka AI, Snowflake plans to onboard 35 employees from AI startup TruEra. The company aims to revitalize revenue growth, which has slowed significantly. Snowflake faces competition from Databricks and cloud giants like Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN). Snowflake's stock has dropped 30% year-to-date.

Portfolio Pulse from Shivani Kumaresan

June 05, 2024 | 5:33 pm

XOM

Exxon Mobil has seen unusual options activity with 13 significant trades, indicating a mixed sentiment among traders. The stock is currently trading at $112.27, with a neutral RSI. Analysts have varied ratings, with target prices ranging from $128 to $152.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 5:31 pm