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DLX

KRT

UPS

Three high-dividend yielding industrial stocks, Deluxe Corporation (DLX), Karat Packaging Inc. (KRT), and United Parcel Service, Inc. (UPS), have received positive ratings from top analysts. DLX and KRT have had recent earnings reports, while UPS announced a key executive departure.

Portfolio Pulse from Avi Kapoor

May 29, 2024 | 11:47 am

FFIE

Faraday Future Intelligent Electric shares are trading lower after the company reported worse-than-expected FY23 sales results and announced the withdrawal of its production target guidance. Additionally, the company received a notice from Nasdaq for failing to timely file its Quarterly Report on Form 10-Q.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:47 am

ARKF

ARKK

HOOD

Robinhood Markets, Inc (NASDAQ:HOOD) stock is trading higher after announcing a $1 billion share buyback program. The company also introduced tiered margin rates and expanded its retirement offerings. Analysts are bullish due to better economic conditions and new product launches. HOOD stock has gained over 129% in the last 12 months. Investors can also gain exposure through ARK Fintech Innovation ETF (NYSE:ARKF) and ARK Innovation ETF (NYSE:ARKK).

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 11:46 am

ITA

PPA

Boeing Company (NYSE:BA) and a union representing its firefighters have reached a tentative contract agreement, potentially ending a lockout that began in early May. The agreement will be voted on Thursday, and if approved, firefighters will return to work on Saturday. Boeing's stock has declined over 14% in the past year, and the company is also negotiating with the International Association of Machinists and Aerospace Workers (IAM) for a new contract. Boeing's 737 MAX production has decreased due to intensified FAA inspections. Investors can gain exposure to Boeing via IShares U.S. Aerospace & Defense ETF (BATS:ITA) and Invesco Aerospace & Defense ETF (NYSE:PPA).

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 11:45 am

ADI

AVT

OOMA

Three tech stocks, Ooma, Analog Devices, and Avnet, are showing signs of being overbought as of May 29, 2024, with RSI values above 70. Despite recent gains, investors should be cautious as these stocks may face short-term price corrections.

Portfolio Pulse from Avi Kapoor

May 29, 2024 | 11:44 am

SCPX

Scorpius Holdings shares are trading higher after the company reported a year-over-year increase in Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:40 am

TELL

Tellurian shares are trading higher following Aethon Energy Management's agreement to acquire the company's integrated upstream assets and two million tons per annum of liquefied natural gas from its Driftwood LNG plant.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:37 am

AAL

GME

HOOD

QQQ

SPY

U.S. stocks are set to open lower due to rising bond yields and cooling meme stock rallies. Key retail earnings reports, Federal Reserve speeches, and geopolitical tensions are also influencing market sentiment. Notable premarket movements include American Airlines falling over 8% and Robinhood climbing over 4%.

Portfolio Pulse from Shanthi Rexaline

May 29, 2024 | 11:35 am

ASTS

AST SpaceMobile shares are trading higher following the announcement of a partnership with Verizon to provide direct-to-cellular service for Verizon customers.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:34 am

LOT

Lotus Technology shares are trading higher after the company reported a year-over-year increase in Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:34 am