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RZLT

Rezolute, Inc. (NASDAQ:RZLT) has announced a proposed public offering of its common stock and pre-funded warrants. The size and terms of the offering have not been disclosed. Jefferies and Cantor are acting as the book-running managers.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:01 pm

WLY

John Wiley & Sons Inc (NYSE:WLY) shares surged after reporting better-than-expected Q4 FY24 earnings and initiating FY25 guidance. Despite a 10.9% decline in sales, the company beat analyst estimates and showed strong performance in Learning and Research segments. Adjusted EPS of $1.21 surpassed the consensus of 81 cents. The company also provided a positive outlook for FY25.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 7:59 pm

WMT

Financial giants have shown a bearish trend in Walmart's options trading, with 50% of trades being bearish. The largest trades include both puts and calls, with significant volumes and open interest. Analysts have given Walmart a mix of Buy and Overweight ratings, with target prices ranging from $70 to $81.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 7:46 pm

NVDA

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) shares surged by 12.4% due to strong performance in the AI sector and recent product innovations, including a liquid-cooled AI data center optimized for NVIDIA Corp (NASDAQ:NVDA) AI Enterprise software. The company reported a 37.09% year-over-year revenue growth, net income of $402.46 million, and earnings per share of $7.13.

Portfolio Pulse from Vaishali Prayag

June 13, 2024 | 7:43 pm

TSN

Tyson Foods Inc. (NYSE:TSN) has suspended its CFO, John R. Tyson, following his second DUI arrest. Curt Calaway has been appointed as the interim CFO. This incident raises concerns about Tyson's ability to fulfill his duties effectively.

Portfolio Pulse from Michael Cohen

June 13, 2024 | 7:41 pm

GME

MSTR

Bitcoin influencer Max Keiser suggested that GameStop (NYSE:GME) could push its stock price to $1,000 by adopting a Bitcoin treasury strategy similar to MicroStrategy's. This proposal has sparked discussions about the potential financial gains and risks of such a move.

Portfolio Pulse from Khyathi Dalal

June 13, 2024 | 7:39 pm

AAPL

PYPL

SQ

Apple announced that iOS 18 will enable users to use Apple Pay on desktop Chrome by scanning a code. This new feature was revealed at WWDC 2024.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 7:32 pm

KLAC

Deep-pocketed investors have shown a bullish stance towards KLA (NASDAQ:KLAC) with significant options activity detected. The options scanner highlighted 8 unusual trades, with a majority being calls. The price range focus is between $470.0 and $860.0. KLA's current trading volume is 257,165, with a slight price increase to $828.0. Analysts have mixed ratings with target prices ranging from $765 to $875.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 7:31 pm

GLD

SLV

Gold and silver prices are trading lower due to softer-than-expected US Producer Price Index (PPI) figures.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 7:30 pm

IGC

LFSWD

Anson Funds settled with the SEC for $2.25 million over a secret relationship with a short seller that affected two cannabis companies, Lifeist Wellness Inc. (OTC:LFSWD) and IGC Pharma Inc. (NYSE:IGC). The scheme involved short positions and negative reports to profit from stock price drops.

Portfolio Pulse from Rolando García

June 13, 2024 | 7:29 pm