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KDP

KO

PEP

Keurig Dr Pepper (KDP) has overtaken PepsiCo's Pepsi (PEP) to become America's second-favorite soda, behind Coca-Cola (KO). This shift in consumer preference is reflected in KDP's financial performance, with a 3.5% sales growth in Q1 FY24. Meanwhile, PepsiCo's focus on its food business and zero-sugar lines may have contributed to Pepsi's decline.

Portfolio Pulse from Benzinga Neuro

June 04, 2024 | 12:58 pm

SAIA

Saia shares are trading higher following the company's report of an 18% increase in LTL shipments per workday in April.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:57 pm

F

TSLA

Ford CEO Jim Farley discussed the company's distinct EV strategy, emphasizing profitability and affordability. He highlighted a respectful rivalry with Tesla CEO Elon Musk and noted the high demand for Ford's access to Tesla's Supercharger network. Despite increased losses in Ford's EV segment, customer loyalty remains strong.

Portfolio Pulse from Anan Ashraf

June 04, 2024 | 12:57 pm

SPY

The USA Redbook year-over-year (YoY) growth rate came in at 6.0%, slightly below the previous 6.3% YoY growth rate. This indicates a slight deceleration in retail sales growth.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:55 pm

FLOKIUSD

DWF Labs has announced a $12 million investment in Floki (CRYPTO: FLOKI), leading to increased buying pressure and a potential for price discovery. The investment comes as Floki prepares to launch its mainnet version of the Valhalla metaverse game and other utility products. Despite a recent 5.2% drop, FLOKI is up 40% month-over-month.

Portfolio Pulse from Khyathi Dalal

June 04, 2024 | 12:51 pm

INTC

Intel shares are trading higher following the announcement of new AI-focused processors and chips at Computex 2024.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:51 pm

CRWD

ZS

CrowdStrike Holdings Inc (NASDAQ:CRWD) is set to report its first-quarter earnings with Wall Street expecting 90 cents in EPS and $904.66 million in revenues. The stock has seen a surge in options trading, indicating high market interest. Despite bullish analyst ratings and a long-term bullish signal, technical charts show bearish momentum in the short term.

Portfolio Pulse from Surbhi Jain

June 04, 2024 | 12:44 pm

BTCUSD

Bitcoin's price stagnation is analyzed in a new report by 10x Research, highlighting both bullish and bearish signals. Mega whales are accumulating Bitcoin, while miners are selling due to reduced block rewards. Stablecoins and macroeconomic factors, such as Fed policy and inflation, are also crucial in determining Bitcoin's next move.

Portfolio Pulse from Murtuza Merchant

June 04, 2024 | 12:42 pm

MAIA

MAIA Biotechnology announced that its clinical trial data for THIO shows efficacy in treating non-small cell lung cancer.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:42 pm

DCI

EVX

RNEW

Donaldson Company, Inc. (NYSE:DCI) shares are trading higher premarket after reporting strong Q3 FY24 results and raising EPS guidance. Sales increased by 6.0% Y/Y to $927.9 million, beating expectations. The company also raised its FY24 EPS forecast and announced an 8% increase in its quarterly dividend.

Portfolio Pulse from Lekha Gupta

June 04, 2024 | 12:38 pm