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Stock Prices

BTBD

BT Brands shares are trading higher following the company's announcement of a year-over-year increase in Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 5:50 pm

AMC

CB

COIN

DIA

GME

KWEB

WMT

The Dow Jones Industrial Average surpassed 40,000 points, marking a historic milestone. Chinese tech stocks, represented by the KraneShares CSI China Internet ETF (KWEB), reached 15-month highs. Meme stocks like GameStop (GME) and AMC Entertainment (AMC) experienced significant declines. Walmart (WMT) surged 6.5% after strong earnings, while Coinbase (COIN) fell over 8% amid a broader cryptocurrency market drop. Berkshire Hathaway's purchase of Chubb Limited (CB) shares led to a 4% rise in CB's stock.

Portfolio Pulse from Piero Cingari

May 16, 2024 | 5:44 pm

TUP

Tupperware Brands are trading lower, pulling back after recent strength amid this week's retail investor momentum.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 5:43 pm

MSFT

Microsoft is set to introduce its custom Cobalt chips to its Azure cloud platform next week. This move is expected to enhance Azure's performance and competitiveness in the cloud market.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 5:42 pm

SPR

Spirit AeroSystems is planning to lay off up to 450 employees, as reported by KSN TV. This move is likely a response to current market conditions and could impact the company's operations and financial performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 5:39 pm

BLD

DFH

DHI

VOXX

Shares of homebuilders and household durables stocks are trading lower following worse-than-expected April Housing Starts data.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 5:36 pm

AMZN

BABA

FFIE

FIVE

GME

HGV

JD

VFS

WYNN

XPEV

Today's session saw significant options activity in the consumer discretionary sector, with notable trades involving companies like FFIE, BABA, AMZN, JD, VFS, HGV, WYNN, XPEV, GME, and FIVE. These trades, tracked by Benzinga's options activity scanner, indicate varying sentiments from bullish to bearish among large investors.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 5:35 pm

AMD

ARM

FRSH

IREN

MRVL

MSFT

NVDA

PANW

PLTR

SMCI

The article highlights significant options activity for several IT stocks, indicating potential trading opportunities. Notable mentions include NVDA, AMD, SMCI, MSFT, IREN, FRSH, MRVL, PLTR, ARM, and PANW, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 5:35 pm

GME

Andrew Left of Citron Research has once again taken a short position against GameStop Corporation (NYSE:GME) following a recent increase in its share price. Left, who was a key figure in the 2021 short squeeze, believes the fundamentals of GameStop have not improved and is cautious about the stock's future performance.

Portfolio Pulse from Chris Katje

May 16, 2024 | 5:34 pm

MDB

MongoDB (NASDAQ:MDB) has outperformed the market over the past 5 years, delivering an average annual return of 20.74%. A $1000 investment in MDB 5 years ago would now be worth $2,554.77. The article highlights the impact of compounded returns on cash growth.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 5:30 pm