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VKTX

Viking Therapeutics Inc (NASDAQ:VKTX) released 52-week histologic data from its Phase 2b VOYAGE study of VK2809 in patients with non-alcoholic steatohepatitis (NASH). The study achieved its primary and secondary endpoints, showing significant improvements in liver fat content, NASH resolution, and fibrosis improvement. VKTX shares are up 5.19% in premarket trading.

Portfolio Pulse from Vandana Singh

June 04, 2024 | 2:29 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for June 4th, 2024, provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines potential bullish and bearish targets for each asset based on proprietary formulas considering price, volume, and options flow. Traders are advised to monitor these levels closely for potential breakouts or reversals.

Portfolio Pulse from RIPS

June 04, 2024 | 2:26 pm

ARKK

NVDA

TSLA

Emails from Nvidia reveal that Elon Musk redirected 12,000 H100 GPUs from Tesla to his social media company X, delaying Tesla's supercomputer development and potentially hindering its AI and robotics initiatives. Analysts remain optimistic about Tesla's long-term prospects despite this setback.

Portfolio Pulse from Anusuya Lahiri

June 04, 2024 | 2:24 pm

GTBIF

Green Thumb Industries has responded to media speculation by stating that it is their policy not to comment on market rumors.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:24 pm

AMD

BRK.A

GME

HQY

INTC

NVDA

SOFI

TSLA

Bitcoin briefly surpassed $70K before pulling back, with analysts remaining optimistic despite the volatility. The NYSE fixed a glitch that caused a significant drop in Berkshire Hathaway shares. Intel shares rose pre-market after announcing a new AI chip, while Nvidia and AMD shares fell. HealthEquity shares also saw gains. GameStop, Berkshire Hathaway, Nvidia, SoFi, and Tesla are on investors' radars today.

Portfolio Pulse from Akanksha Bakshi

June 04, 2024 | 2:16 pm

WBD

Max has announced an immediate price increase for its ad-free plans. This move is expected to impact subscribers and could influence the company's revenue and stock performance.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:16 pm

CUBE

CubeSmart's (NYSE:CUBE) short interest has risen by 8.16%, with 5.93 million shares sold short, representing 3.58% of its float. This increase in short interest could indicate bearish sentiment among investors. However, CubeSmart's short interest is still below the peer group average of 4.14%.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:15 pm

EES

ZIG

Axos Financial (NYSE:AX) shares have dropped 12.01% following a short report by Hindenburg Research, which alleges problematic loan practices and underestimation of credit losses. The report suggests potential manipulation of credit metrics and highlights significant stress ahead for the company.

Portfolio Pulse from Lekha Gupta

June 04, 2024 | 2:14 pm

SPY

President Biden is scheduled to speak at 2 P.M. ET, as reported by Reuters citing the White House.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:09 pm

ANNX

CORZ

SAIA

UPST

WULF

U.S. stocks were mixed on Tuesday, with the Dow Jones index gaining around 20 points. Several stocks saw significant gains, including Saia Inc, Annexon, Core Scientific, and others. Saia Inc reported an 18% increase in LTL shipments per workday in April, leading to a 12.3% rise in its shares. Annexon surged 40% after its Phase 3 trial met its primary endpoint. Core Scientific climbed 29% following the signing of 12-year contracts with CoreWeave. Other notable gainers included Terawulf, Zai Lab, Hillevax, and more.

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 2:09 pm