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NVDA

Nvidia's shares have surged over 1,000% since October 2022, making it the largest U.S. company by market value. Investors are debating whether to hold or sell due to high valuations and potential for sharp pullbacks. Analysts are cautious about the sustainability of Nvidia's performance.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 8:07 am

VGK

The Eurozone Services Purchasing Managers Index (PMI) for June came in at 52.6, below the estimated 53.5 and the prior month's 53.2. This indicates a slower expansion in the services sector.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:04 am

VGK

The HCOB Eurozone Composite Purchasing Managers Index (PMI) for June came in at 50.8, below the estimated 52.5 and the prior 52.2. This indicates a slowdown in economic activity within the Eurozone.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:04 am

VGK

The Eurozone Manufacturing Purchasing Managers Index (PMI) for June came in at 45.6, significantly below the estimated 48.0 and the prior month's 47.3. This indicates a contraction in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:04 am

EWG

The Germany Services Purchasing Managers Index (PMI) for June came in at 53.5, below the estimated 54.4 and the prior month's 54.2. This indicates a slower expansion in the services sector than anticipated.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 7:49 am

VGK

The preliminary Germany Manufacturing Purchasing Managers Index (PMI) for June came in at 43.4, significantly below the estimated 46.4 and the prior 45.5. This indicates a contraction in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 7:45 am

EWQ

The France Services Purchasing Managers Index (PMI) for June came in at 48.8, below the estimated 50.0 and the prior 49.3. This indicates a contraction in the services sector.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 7:44 am

EWQ

The France Manufacturing Purchasing Managers Index (PMI) for June came in at 45.3, below the estimated 46.8 and the prior 46.4. This indicates a contraction in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 7:44 am

BTCUSD

TSLA

Naval Ravikant, a prominent investor, has reiterated his belief in Bitcoin as the ultimate store of value among cryptocurrencies. He shared his views on X, formerly Twitter, emphasizing Bitcoin's role as a primary store of value while other blockchains compete as mediums of exchange. Ravikant's opinion holds weight due to his significant influence in the investment community.

Portfolio Pulse from Aniket Verma

June 21, 2024 | 6:59 am

LYG

MS

NWG

SCGLY

SFTBY

Revolut, a UK-based fintech company backed by SoftBank Group Corp., is reportedly aiming for a valuation of over $40 billion in an employee share sale. The company is working with Morgan Stanley to sell approximately $500 million worth of existing shares. This valuation would represent a 21% increase from its 2021 fundraising round. Despite challenges in the European fintech market and scrutiny over its UK banking license application, Revolut continues to expand its offerings.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 6:50 am