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TRI

Thomson Reuters (NYSE:TRI) has outperformed the market over the past 10 years, delivering an average annual return of 15.37%. A $1000 investment in TRI 10 years ago would be worth $4,202.77 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:00 pm

FTNT

Fortinet (NASDAQ:FTNT) has significantly outperformed the market over the past decade, delivering an average annual return of 28.26%. A $1000 investment in FTNT 10 years ago would be worth $12,132.81 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 6:00 pm

FDIS

TSLA

XLY

Nordic brokerages Avanza and Nordnet are allowing their clients to vote at Tesla's AGM for the first time, reflecting increased investor interest and comments from CEO Elon Musk. This move comes as Tesla seeks support for Musk's $56 billion compensation package, which has faced opposition from proxy advisory firms. Tesla stock has declined over 27% in the past year.

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 6:00 pm

JPM

SPY

JPMorgan's chief market strategist, Marko Kolanovic, maintains a bearish outlook on the S&P 500, predicting a potential 22% drop by the end of 2024. He cites numerous risks including persistent inflation, high interest rates, and geopolitical factors. Despite these risks, equities are trading at record highs.

Portfolio Pulse from Piero Cingari

June 11, 2024 | 5:56 pm

CTGO

Contango ORE Inc (NASDAQ:CTGO) shares dropped by 21% to $19.66 after announcing the pricing of its public offering of 731,750 units at $20.50 per unit. The offering aims to raise $15 million for general corporate purposes and exploration projects. Shares have lost 35.5% year to date.

Portfolio Pulse from Henry Khederian

June 11, 2024 | 5:55 pm

AISP

CTGO

TPET

Shares of Contango Ore, Inc. (NYSE:CTGO) fell sharply by 18.4% after the company announced a $15 million underwritten public offering. Other notable stock movements include Trio Petroleum Corp. (NYSE:TPET) jumping 88.2% after completing its first two exploratory wells, and Airship AI Holdings, Inc. (NASDAQ:AISP) climbing 32.5% following a contract award from the Department of Justice.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 5:54 pm

BSGM

BioSig Technologies shares are trading lower after the company was notified by the Nasdaq Hearings Panel that its common stock will be delisted from the Nasdaq Stock Market due to non-compliance with the minimum stockholders' equity requirement.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:52 pm

BSGM

BioSig Technologies (NASDAQ:BSGM) shares plummeted by 67% to $0.55 after the company announced it will be delisted from the Nasdaq Stock Market due to non-compliance with the minimum stockholders’ equity requirement. Trading will be suspended on Nasdaq starting June 12, and the stock will trade on the OTC Markets’ Pink Current Information tier under the symbol 'BSGM'. The company plans to appeal the decision.

Portfolio Pulse from Henry Khederian

June 11, 2024 | 5:52 pm

AES

CLIA

HE

RNWZ

AES Corporation's Kuihelani Solar-plus-Storage facility, the largest solar project in Hawaii, has begun operations. The project generates 60 MW of renewable energy and has a 25-year power purchase agreement with Hawaiian Electric Industries. This initiative will reduce Maui's reliance on fossil fuels and support local agriculture. AES recently sold a 47.3% stake in AES Brasil for $640 million. AES shares are down 2.36% at $19.90.

Portfolio Pulse from Lekha Gupta

June 11, 2024 | 5:48 pm

VST

Recent options trading activity indicates a bearish sentiment among large investors towards Vistra (NYSE:VST). Benzinga's options scanner detected 18 unusual trades, with 61% being bearish. The trades suggest a price range of $70.0 to $120.0 for VST over the next three months. The stock is currently trading at $91.3, up by 3.49%, with an RSI indicating it may be approaching overbought territory. Morgan Stanley maintains an Overweight rating with a target price of $110.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 5:46 pm