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Stock Prices

APO

Apollo Global Management (APO) has been highlighted by Investor Business Daily's SwingTrader as a buy recommendation, which could influence short-term trading activity.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:35 pm

AMZN

The US National Highway Traffic Safety Administration (NHTSA) is seeking more details on crashes involving Zoox, a self-driving vehicle company owned by Amazon (AMZN). The agency is investigating the safety and performance of Zoox's autonomous vehicles.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:33 pm

AEO

ANF

LEVI

SHOO

WINA

The resurgence of '90s fashion is benefiting several US-listed companies. Abercrombie & Fitch (ANF) and American Eagle Outfitters (AEO) have reported strong earnings, with ANF hitting an all-time high. Levi Strauss (LEVI) and Steve Madden (SHOO) have also seen significant stock gains. Winmark Corp (WINA) is expected to benefit from increased thrift shopping.

Portfolio Pulse from Aaron Bry

May 31, 2024 | 1:33 pm

DOOO

BRP Inc. (NASDAQ:DOOO) shares fell over 3% in premarket trading after the company cut its FY25 guidance. Despite beating Q1 earnings and revenue estimates, the company faces challenges such as lower product volumes, dealer profitability pressures, and a competitive landscape. BRP adjusted its production to manage inventory levels and expects a significant drop in Q2 EBITDA.

Portfolio Pulse from Nabaparna Bhattacharya

May 31, 2024 | 1:30 pm

COIN

The cryptocurrency market's maturity, marked by reduced volatility, is expected to impact Coinbase's trading revenue. Despite exceeding Q1 projections, Coinbase's trading volume has significantly dropped from its 2021 peak. The company's future remains promising with diversified revenue sources and potential growth if the bull market continues.

Portfolio Pulse from Benzinga Neuro

May 31, 2024 | 1:30 pm

GILD

Gilead shares are trading lower after the company's Phase 3 TROPiCS-04 study missed its primary endpoint of overall survival.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:28 pm

GILD

Gilead Sciences Inc (NASDAQ:GILD) announced that its Phase 3 TROPiCS-04 study for Trodelvy in treating metastatic urothelial cancer did not meet its primary endpoint of overall survival. The study showed numerical improvement in overall survival favoring Trodelvy, but also a higher number of deaths due to adverse events compared to chemotherapy. Gilead will further investigate the data and discuss next steps with the FDA. GILD shares were trading lower by 2.23% premarket.

Portfolio Pulse from Vandana Singh

May 31, 2024 | 1:27 pm

BHB

CZR

EXEL

PCB

The article highlights notable insider trades in four companies: Exelixis, Caesars Entertainment, PCB Bancorp, and Bar Harbor Bankshares. Insider purchases often indicate confidence in the company's prospects. Exelixis saw a significant purchase by Caligan Partners LP, while Caesars Entertainment received a strong buy rating from Raymond James. PCB Bancorp and Bar Harbor Bankshares also had insider buys following their recent earnings reports.

Portfolio Pulse from Avi Kapoor

May 31, 2024 | 1:26 pm

ASAN

FITB

HRL

HTLF

IBTX

Top Wall Street analysts have upgraded their ratings for several companies, including Asana, Independent Bank Group, Fifth Third Bancorp, Heartland Financial USA, and Hormel Foods. These upgrades come with revised price targets, impacting the stock prices of these companies.

Portfolio Pulse from Avi Kapoor

May 31, 2024 | 1:25 pm

PAYC

Paycom Software, Inc. (NYSE:PAYC) has appointed Randy Peck as Chief Operating Officer. Additionally, Matt Paque and Jennifer Kraszewski have been promoted to Chief Legal Officer and Chief Human Resources Officer, respectively.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:16 pm