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Google Ads is phasing out card payments, which could impact various payment processing companies and advertisers. This change may affect companies like Visa, Mastercard, PayPal, and Square, as well as Google's own stock.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 7:22 pm

ON

ON Semiconductor Inc. (NASDAQ:ON) shares are trading lower after the company announced significant restructuring plans, including reducing its global workforce by 1,000 employees and consolidating nine sites. The company expects to incur charges between $65 million and $80 million in 2024 and 2025 due to employment-related costs but plans to reinvest savings into its workforce and business initiatives. Despite these measures, there may not be a material reduction in future operating expenses.

Portfolio Pulse from Vaishali Prayag

June 14, 2024 | 7:21 pm

SPOT

Spotify shares are trading higher following the company's announcement of price increases for Premium plans earlier in the week.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 7:21 pm

ETHUSD

MATICUSD

USDCUSD

Michelle Obama is trending in betting odds for the 2024 presidential election despite not expressing interest in running. On Polymarket, she is listed in third place behind Trump and Biden. Her odds have improved on Bet365, surpassing Robert F. Kennedy Jr. and other potential candidates. Concerns over Biden's age and the potential for a new Democratic candidate are also highlighted.

Portfolio Pulse from Chris Katje

June 14, 2024 | 7:18 pm

TSLA

Tesla shares are trading lower, likely due to a pullback after a recent rise following shareholder approval of Elon Musk's pay package.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 7:18 pm

BTCUSD

Bitcoin's price volatility has led to differing trader opinions on its future trajectory. Titan Of Crypto forecasts a potential bounce, while Michael Pizzino predicts a final bull run despite a possible further drop. Crypto Tony advises caution, noting diminishing returns with increased market participation. IntoTheBlock data shows a 25% increase in exchange netflows, with 91% of Bitcoin holders in profit.

Portfolio Pulse from Khyathi Dalal

June 14, 2024 | 7:16 pm

XRPUSD

XRP's price has fallen by 3.15% in the past 24 hours to $0.47, continuing a week-long downward trend of 4.0%. Trading volume has decreased by 42.0% over the past week, and the circulating supply has slightly decreased by 0.24%. XRP's market cap is currently ranked #8 at $25.99 billion.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 7:03 pm

AVAXUSD

Avalanche (CRYPTO: AVAX) has experienced a significant price drop of 7.24% in the past 24 hours, continuing a week-long negative trend with a 10% loss. Trading volume has also decreased by 42% over the past week.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 7:02 pm

SOLUSD

Solana (SOL) has experienced a 5% price drop in the past 24 hours, continuing a week-long decline of 12%. Trading volume has decreased by 19% over the past week, while circulating supply has increased slightly by 0.26%. Solana's market cap is currently ranked #5 at $65.13 billion.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 7:02 pm

DVN

Devon Energy (NYSE:DVN) has been analyzed by 21 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has increased to $60.86 from $57.26. Analysts have recently adjusted their ratings and price targets, reflecting their evolving views on the company's performance. Devon Energy's financial health indicators show strong profitability and effective cost management, despite recent revenue challenges.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 7:01 pm