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AAPL

RERE

ATRenew Inc (NYSE:RERE) reported a revenue beat for Q1, with total net revenue of $505.7 million, representing a 27.1% year-over-year growth. Despite this, shares declined by 3.41% to $2.55. The company is expanding its multi-category recycling business and leveraging trade-in policies to secure high-quality supplies. Analysts are mostly bullish with an average target price of $3.15.

Portfolio Pulse from Priya Nigam

May 22, 2024 | 6:53 pm

LFST

LifeStance Health Group Inc (NASDAQ:LFST) shares fell by 19.8% to $6.00 after the company announced a secondary public offering of 20 million shares at $6.25 per share. The offering is expected to close around May 24, with selling stockholders receiving all proceeds.

Portfolio Pulse from Henry Khederian

May 22, 2024 | 6:46 pm

RIVN

Rivian Automotive (NASDAQ:RIVN) shares are trading higher following the company's application to the EPA for certification of its 2025 model year vehicles and a new agreement with Pivot Energy for solar energy. Rivian's stock is trading above its 50-day moving average, with a significant portion of shares being sold short. Analysts have mixed ratings on the stock, with an average 1-year price target of $15.09.

Portfolio Pulse from Erica Kollmann

May 22, 2024 | 6:45 pm

AMD

NVDA

SNOW

SPRX

NVIDIA Corporation (NASDAQ:NVDA) is set to release its Q1 earnings, with analysts expecting EPS of $5.59 on revenues of $24.646 billion. The stock is currently in an uptrend, trading just below its all-time high. The Spear Alpha ETF (NASDAQ:SPRX), which holds a significant position in Nvidia, is also highlighted as a diversified investment option.

Portfolio Pulse from Melanie Schaffer

May 22, 2024 | 6:45 pm

AROC

BKR

CCJ

CNQ

EURN

FTI

HAL

KOS

NOV

PNRG

PTEN

RIG

SLB

TDW

TGS

TRGP

VIST

WDS

WFRD

YPF

Shares of oil and gas stocks are trading lower due to a drop in crude oil prices.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 6:43 pm

BNTX

MRNA

NVAX

PFE

Experts predict a small rise in COVID-19 cases due to the new KP.2 variant, leading to a surge in vaccine stocks. BioNTech, Novavax, Moderna, and Pfizer shares are trading higher as a result.

Portfolio Pulse from Erica Kollmann

May 22, 2024 | 6:43 pm

DIA

IWM

QQQ

SPY

US Indices are trading lower following the release of Fed Minutes that showed participants assessed that it would take longer than expected to move to 2% inflation.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 6:41 pm

AKTS

BDRX

BNED

EDBL

OGEN

TJX

WOOF

U.S. stocks traded lower with the Nasdaq Composite falling over 100 points. The TJX Companies reported better-than-expected Q1 results, while Akoustis Technologies, Barnes & Noble Education, and Petco Health saw significant stock price increases. Edible Garden AG, Biodexa Pharmaceuticals, and Oragenics experienced notable declines.

Portfolio Pulse from Avi Kapoor

May 22, 2024 | 6:32 pm

ABNB

Wealthy investors have taken a bullish stance on Airbnb (NASDAQ:ABNB), as indicated by 22 uncommon options trades detected by Benzinga's options scanner. The sentiment is split with 63% bullish and 31% bearish. Analysts have mixed ratings, with price targets ranging from $151 to $200. The stock is currently trading at $143.34, down by 0.53%, and may be oversold according to RSI readings.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 6:31 pm

BIDU

Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years with an average annual return of 14.81%, resulting in a $100 investment growing to $816.58. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 6:31 pm