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FMCC

Mortgage rates have fallen for the third consecutive week due to signs of cooling inflation and lower interest rates from the Federal Reserve, according to Freddie Mac. The 30-year fixed mortgage rate averaged 6.87%, down from 6.95% last week, while the 15-year fixed mortgage rate averaged 6.13%, down from 6.03% last week.

Portfolio Pulse from Michael Juliano

June 20, 2024 | 8:12 pm

TREE

LendingTree shares are trading lower following a report that its unit was hacked, with stolen data offered on the dark web.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:12 pm

AAPL

AMZN

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MDB

META

MSFT

NFLX

NVDA

PLTR

Nvidia has surged past Apple and Microsoft to become the most valuable company in the world, with an analyst predicting it will be the first to reach a $4 trillion market cap. The AI Revolution, led by Nvidia's GPU chips, is seen as a major driver. Other key players include Apple, Microsoft, Amazon, Alphabet, MongoDB, Meta Platforms, Netflix, and Palantir.

Portfolio Pulse from Chris Katje

June 20, 2024 | 8:11 pm

SWBI

Smith & Wesson Brands shares are trading higher after the company reported better-than-expected Q4 earnings.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:10 pm

SWBI

Smith & Wesson Brands (NASDAQ:SWBI) reported Q4 2024 adjusted EPS of $0.45, beating the estimate of $0.34. Sales were $159.1M, surpassing the $156.796M estimate and showing a 9.89% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:09 pm

ATIP

ATI Physical Therapy has reported a settlement notice, which could have implications for the company's financial health and stock performance.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:07 pm

CLOV

Clover Health shares are trading higher following the purchase of 877,567 shares by a company director.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:06 pm

CLOV

Clover Health Director Vivek Garipalli has purchased 877,567 shares of the company at an average price of $1.14, totaling $1,000,426.38.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:05 pm

ASAN

Asana shares are trading higher following the announcement of a $150 million stock repurchase program.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:05 pm

ASAN

Asana has approved a $150 million stock buyback program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:05 pm