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PHUN

Phunware shares are trading lower after the company announced a $120 million offering.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:26 pm

GME

GameStop Corp (NYSE:GME) shares are trading lower on Tuesday after a significant rally on Monday. The surge was driven by Keith Gill, also known as 'Roaring Kitty,' who posted a $116 million position update on Reddit. Gill's actions have led to discussions at E-Trade about potential market manipulation. GameStop is also set to report its first-quarter financial results on June 11, with expectations of a loss of 9 cents per share and revenue of $1.05 billion.

Portfolio Pulse from Adam Eckert

June 04, 2024 | 1:26 pm

SFIX

Stitch Fix Inc (NASDAQ:SFIX) is set to report its Q3 earnings on Tuesday, with Wall Street expecting -23 cents in EPS and $306.12 million in revenues. The stock has shown bullish technical indicators, being above its 5, 20, and 50-day exponential moving averages, and the 8-day simple moving average. However, it remains below the 200-day simple moving average. The MACD is positive, and the RSI is at 61, nearing overbought levels. Analysts have a mixed outlook with a consensus price target of $4.57, indicating potential upside.

Portfolio Pulse from Surbhi Jain

June 04, 2024 | 1:25 pm

SILO

Silo Pharma shares are trading higher following the company's submission of a pre-Investigational New Drug briefing package and meeting request to the FDA for SPC-15, aimed at treating PTSD and anxiety.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:25 pm

PARA

Paramount Global is reportedly considering forming a joint venture for its streaming services. This move could potentially enhance its market position and provide additional resources for content creation and distribution.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:24 pm

BURU

Nuburu shares are trading higher after the company announced that Japan Laser Company installed a NUBURU BL250 BlueScan system in its Osaka office.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:23 pm

BA

FXI

China's 9Air is set to receive a new Boeing 737 MAX from Seattle on June 7, according to a spokesperson. This delivery marks a significant step for Boeing as it continues to recover from previous setbacks related to the 737 MAX model.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:23 pm

NDRA

ENDRA Life Sciences has announced the pricing of an $8 million offering at $0.22 per share.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:21 pm

AMRN

Amarin shares are trading lower following the announcement of Aaron Berg as the new President and CEO.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:20 pm

F

Ford reported May vehicle sales of 190,014 units, with a significant increase in electric vehicle (EV) sales, up 64.7% to 8,966 vehicles.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:19 pm