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RGTI

Rigetti Computing (NYSE:RGTI) has seen a 7.84% increase in its short percent of float, now at 14.03%. This indicates a bearish sentiment among investors, as it would take 5.33 days to cover these short positions. Compared to its peers, Rigetti has a higher short interest.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 4:45 pm

ARGX

Argenx SE (NASDAQ: ARGX) saw its stock rise by 12% following FDA approval of its drug Vyvgart Hytrulo for treating chronic inflammatory demyelinating polyneuropathy (CIDP). The drug, which is the first neonatal Fc receptor blocker approved for CIDP, showed significant clinical improvement in patients. The company projects substantial revenue growth from this approval.

Portfolio Pulse from Vandana Singh

June 24, 2024 | 4:43 pm

TSLA

Elon Musk posted on X (formerly Twitter) that he believes the long-term return on Tesla will be exceptional.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:40 pm

BTCUSD

ETHUSD

Bernstein analysts suggest that if election sentiment shifts more Republican, crypto could become a primary 'Trump trade.' They highlighted recent outflows from Bitcoin ETFs and concerns over the upcoming Ethereum ETF launch. Bitcoin ETFs have seen substantial success but are currently experiencing outflows. Ethereum ETFs are expected to have a limited initial impact. The analysts see potential for crypto under a Republican presidency and view current market weakness as an opportunity.

Portfolio Pulse from Murtuza Merchant

June 24, 2024 | 4:38 pm

PARA

PARAA

Paramount Global is set to increase the prices of its streaming service, Paramount+, starting August 20 for new customers and September 20 for existing customers. The price hike is part of a broader strategy to turn around the company's financial performance after a failed merger with Skydance. The company aims to reduce debt and explore joint ventures.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:32 pm

GWRE

Guidewire Software (NYSE:GWRE) has outperformed the market over the past 10 years with an average annual return of 12.9%, resulting in a $1000 investment growing to $3,347.52. The company currently has a market capitalization of $11.35 billion.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 4:30 pm

AMT

American Tower (NYSE:AMT) has significantly outperformed the market over the past 20 years, with an annualized return of 13.66%. A $1000 investment in AMT 20 years ago would be worth $12,988.16 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 4:30 pm

VST

Vistra (NYSE:VST) has seen a 20.45% increase in its short percent of float, now at 4.83% of all regular shares available for trading. This is higher than the peer group average of 1.94%. The increase in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 4:30 pm

PUK

Prudential plc (NYSE:PUK) has announced a $2 billion share buyback program, leading to a 7.97% increase in its stock price. The company aims to complete the buyback by mid-2026 and expects its 2024 annual dividend to grow by 7-9%. Prudential's free surplus ratio is currently at 242%, well above its target range of 175-200%.

Portfolio Pulse from Lekha Gupta

June 24, 2024 | 4:24 pm

KSCP

Knightscope shares are trading higher after the company announced it signed a contract with a city in Texas for three K1 Blue Light Towers.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:17 pm