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Stock Prices

WFC

SeatGeek has added Citigroup and Wells Fargo to its IPO lineup, targeting a valuation higher than $1.35 billion. The IPO could occur as soon as this quarter or toward the end of 2024.

Portfolio Pulse from Erica Kollmann

June 05, 2024 | 6:19 pm

AMD

ARM

INTC

NVDA

SPRX

TRFK

TSM

AMD stock saw a rebound on Wednesday following a sector selloff, driven by reports of TSMC's price hikes and AMD's expanding partnership with Samsung for 3-nanometer chip technology. Analysts highlighted AMD's strong pipeline and increasing market share in the server CPU and AI markets. AMD's stock has gained 36% over the past year, and investors can gain exposure through ETFs like SPRX and TRFK.

Portfolio Pulse from Anusuya Lahiri

June 05, 2024 | 6:17 pm

INTU

Significant investors have shown a bullish stance on Intuit (NASDAQ:INTU) through recent options activity. The trading activity suggests a price range of $530.0 to $660.0 for Intuit over the next three months. Analysts have mixed ratings, with target prices ranging from $655 to $770.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 6:15 pm

INTC

NVDA

QCOM

TSLA

TSM

Qualcomm shares are rising, potentially in sympathy with Nvidia's strength amid continued AI momentum. Nvidia announced increased investments in Taiwan, a new supercomputer, and potential partnerships with Intel and Samsung for chip supply. Tesla plans significant hardware purchases from Nvidia.

Portfolio Pulse from Vaishali Prayag

June 05, 2024 | 6:15 pm

RIOT

Riot Blockchain disputes the conclusions of a Kerrisdale Capital report criticizing the Bitcoin mining industry and Riot itself. The company believes its 2024 growth plans and financial performance will prove the report's errors.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:15 pm

MRNA

Moderna shares are trading higher after the company announced that its COVID-19 vaccine for the JN.1 variant neutralizes newer strains. Additionally, the FDA will vote on vaccine recommendations for 2024-2025.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:07 pm

AMZN

Zoox, a subsidiary of Amazon, is set to begin testing its self-driving cars in Austin and Miami. This marks a significant step in Zoox's development of autonomous vehicle technology. The tests will help Zoox gather data and refine its technology for future deployment.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:02 pm

WDAY

Financial giants have shown a bullish sentiment towards Workday (NASDAQ:WDAY) through significant options activity. Analysis reveals 61% of traders are bullish, with a price target range of $200 to $240. Expert analysts maintain high target prices, indicating positive market sentiment.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 6:01 pm

BOOT

Analysts have provided mixed evaluations for Boot Barn Holdings (NYSE:BOOT) over the past three months, with a majority being bullish. The average 12-month price target has increased by 18.09% to $122.08. Key financial metrics show challenges in revenue growth but strong profitability and efficient asset use.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 6:01 pm

ACN

Over the past three months, 20 analysts have shared their insights on Accenture (NYSE:ACN), with a mix of bullish and bearish opinions. The average 12-month price target is $383.65, with a high of $445.00 and a low of $275.00. Recent analyst actions include both downgrades and upgrades, reflecting varied expectations for Accenture's future performance. Despite a slight decline in revenue growth, Accenture maintains strong financial health with high net margins, ROE, and ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 6:01 pm