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DJT

META

MSFT

Trump Media & Technology Group (NASDAQ:DJT) has a surprising $6 billion valuation despite modest revenue and user base. LinkedIn co-founder Reid Hoffman and other experts criticize the valuation, suggesting it should be around $40 million. The stock has gained 187.28% YTD but recently declined following Trump's legal issues.

Portfolio Pulse from Anusuya Lahiri

June 26, 2024 | 11:39 am

APTV

Aptiv shares are trading lower after Piper Sandler downgraded the stock from Neutral to Underweight and lowered its price target from $78 to $63.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:38 am

GIS

General Mills shares are trading lower following worse-than-expected Q4 revenues.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:38 am

RIVN

Rivian shares are trading higher following the announcement of a joint venture with Volkswagen.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:37 am

GLSI

Greenwich LifeSciences, Inc. (NASDAQ:GLSI) will join the Russell 2000 and 3000 Indexes on July 1, 2024, following the annual reconstitution. This inclusion is expected to increase institutional ownership and reflects the company's progress in its Phase III clinical trial, FLAMINGO-01.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:37 am

FDX

FUL

GIS

LCID

LEVI

MU

NVDA

PAYX

QQQ

RIVN

SPY

WHR

WS

Nasdaq and S&P 500 futures are set to open higher, driven by Nvidia's rally and FedEx's positive earnings. However, caution prevails ahead of key economic data and a presidential debate. Rivian and Lucid see gains due to partnership news, while FedEx and Whirlpool rise on earnings and M&A rumors. General Mills, Paychex, Micron, and others are set to report earnings.

Portfolio Pulse from Shanthi Rexaline

June 26, 2024 | 11:36 am

APTV

DJT

GIS

LRMR

QD

TSHA

WOR

WVE

Worthington Enterprises, Taysha Gene Therapies, General Mills, and other major stocks are experiencing declines in Wednesday's pre-market session. Worthington Enterprises missed earnings and revenue estimates, leading to a 7.5% drop. Taysha Gene Therapies fell 14% due to a proposed public offering. General Mills slipped 4.5% following its fourth-quarter results.

Portfolio Pulse from Avi Kapoor

June 26, 2024 | 11:36 am

LILM

Lilium N.V. (NASDAQ:LILM) has successfully completed the first series of tests of its electric jet propulsion unit, achieving maximum thrust and demonstrating expected performance and reliability. This marks a significant step towards zero-emission flight and the safety verification of the Lilium Jet.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:35 am

MU

Micron shares are trading higher ahead of the company's Q3 earnings report, scheduled after the close today.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:35 am

ALT

Altimmune announced the passing of its Chief Financial Officer, Richard Eisenstadt. His duties are currently being managed by the finance and accounting team until a replacement is named.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:34 am