Streetbeat News

Stock Prices

VGK

The Eurozone's Gross Domestic Product (GDP) grew by 0.4% year-over-year, matching the estimated growth rate and showing an improvement from the prior 0.1% growth.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 9:02 am

VGK

The Eurozone's Gross Domestic Product (GDP) for Q1 grew by 0.3% quarter-over-quarter, matching the estimated growth and improving from the previous quarter's 0.0% growth.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 9:01 am

FBTC

GBTC

IBIT

Bitcoin spot ETFs in the U.S. have seen a record-breaking 18-day streak of net inflows, reflecting growing institutional demand for cryptocurrencies. BlackRock's iShares Bitcoin Trust (IBIT) led with $350 million in inflows, while Grayscale Bitcoin Trust (GBTC) saw net outflows of $38 million.

Portfolio Pulse from Aniket Verma

June 07, 2024 | 8:21 am

RAPP

Rapport Therapeutics has priced its initial public offering (IPO) of 8 million shares at $17 per share.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 7:10 am

STI

Solidion Technology has received a notice from Nasdaq for a delayed quarterly filing. The company has 60 days to submit a compliance plan, and if accepted, may get up to 180 days to regain compliance. However, there is no assurance that these events will occur.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 7:08 am

VLRS

Volaris reported a 17.5% YoY decline in ASM capacity and a 15.9% decrease in RPMs for May 2024, primarily due to Pratt & Whitney engine inspections and aircraft groundings. Despite this, the load factor increased to 86.1%.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 7:05 am

DOCU

GHM

JILL

MTN

ZUMZ

Key stocks to watch today include J.Jill, Vail Resorts, Graham Corporation, DocuSign, and Zumiez. J.Jill is expected to report strong earnings, Vail Resorts missed earnings estimates, Graham Corporation is anticipated to post modest earnings, DocuSign exceeded earnings expectations and increased its stock repurchase program, and Zumiez posted positive results but provided a cautious outlook.

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 6:39 am

GHM

JILL

LULU

SJM

The CNN Money Fear and Greed index remained in the 'Neutral' zone on Thursday. U.S. stocks had a mixed performance, with the Dow Jones gaining, while the S&P 500 and Nasdaq Composite fell slightly. Lululemon Athletica Inc. (NASDAQ:LULU) and The J. M. Smucker Company (NYSE:SJM) saw significant gains after reporting strong financial results. Investors are awaiting the nonfarm payrolls report for May and earnings results from J.Jill, Inc (NYSE:JILL) and Graham Corporation (NYSE:GHM).

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 6:39 am

HTZ

Hertz Global Holdings Inc (NASDAQ:HTZ) is reportedly seeking $700 million in secured debt and convertible notes to improve its financial position amid challenges with its electric vehicle (EV) strategy. The company plans to remove 30,000 EVs from its fleet due to high repair and operating costs, which have led to significant financial strain.

Portfolio Pulse from Anan Ashraf

June 07, 2024 | 6:39 am

EWU

The U.K. Halifax House Price Index for May showed a year-over-year increase of 1.5%, surpassing the estimated 1.2% and the previous month's 1.1%.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 6:04 am