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BRTX

BURU

CARA

JILL

SIG

STSS

ZAPP

U.S. stocks traded mixed with the S&P 500 edging higher. Signet Jewelers' shares fell 16% due to mixed first-quarter earnings. BioRestorative Therapies, Zapp Electric Vehicles, and Sharps Technology saw significant gains. J.Jill, Nuburu, and Cara Therapeutics experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 6:35 pm

GLW

Josh Brown from Ritholtz Wealth Management highlighted Corning Inc (NYSE:GLW) as an overlooked stock with significant potential in the AI and data center sectors. Despite a recent downgrade by Morgan Stanley, Brown believes Corning is poised for a technical breakout and is essential for AI chip production and data center buildouts.

Portfolio Pulse from Adam Eckert

June 13, 2024 | 6:19 pm

SNPS

Recent analysis of Synopsys (NASDAQ:SNPS) options activity reveals a bearish sentiment among financial giants, with 50% of trades being bearish. The price range targeted by these trades is between $300.0 and $610.0. Analysts have mixed ratings, with an average target price of $649.4.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 6:16 pm

MSFT

SONY

Sony Group Corp. (NYSE:SONY) is enhancing its Discord integration on the PS5, allowing users to join voice calls directly from the console. This update will be rolled out gradually over the next few weeks. Microsoft Corp. (NASDAQ:MSFT) had introduced similar Discord support for Xbox in 2022.

Portfolio Pulse from Franca Quarneti

June 13, 2024 | 6:14 pm

APTO

Aptose Biosciences shares moved higher after a Zacks article announced an upgrade of the stock to 'Buy'. This upgrade is likely to positively impact investor sentiment and the stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 6:11 pm

PARA

PARAA

A legal threat from investor Mario Gabelli was a major factor in the collapse of Shari Redstone's $8 billion deal to merge Paramount Global with Skydance Media. Gabelli, a key Paramount investor, was prepared to file a $100 million-plus lawsuit over the deal. The deal's failure has led Redstone to explore other options, including a potential sale of National Amusements.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 6:07 pm

AIRR

EWJ

EWY

VCR

VGT

XLK

XLY

Former President Donald Trump proposed eliminating income taxes in favor of an 'all tariff policy' to CEOs and GOP lawmakers. This policy could significantly impact sectors reliant on imports, such as consumer discretionary and technology, while potentially benefiting domestic manufacturing and international manufacturers outside of China.

Portfolio Pulse from Hayden Buckfire

June 13, 2024 | 6:07 pm

AVGO

BRTX

SIG

STSS

ZAPP

Signet Jewelers Limited (NYSE:SIG) shares fell over 12% due to mixed first-quarter earnings, including a significant drop in same-store sales. The company reported a 9.5% year-on-year sales decline, missing analyst estimates, but beat EPS expectations. Other stocks mentioned include BioRestorative Therapies, Zapp Electric Vehicles, Sharps Technology, and Broadcom, among others, with various gains and losses based on recent announcements and earnings reports.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 6:07 pm

HMC

Shares of Toyota and Honda are trading lower following a recent safety scandal impacting major Japanese automakers.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 6:07 pm

SBUX

XLY

The U.S. Supreme Court has ruled in favor of Starbucks Corp (NASDAQ:SBUX) in a case involving the reinstatement of seven Memphis workers who were dismissed amid unionization efforts. This decision may set a tougher precedent for future labor disputes. Starbucks shares are trading higher following the news.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 6:04 pm