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Stock Prices

FLOKIUSD

Floki (CRYPTO: FLOKI) has surged 23% this week due to the return of 'Roaring Kitty' and a proposal to burn 15.24 billion tokens. The proposal has received overwhelming support, with 99.84% votes in favor. This burn event is expected to reduce supply and potentially drive up the price.

Portfolio Pulse from Aniket Verma

May 15, 2024 | 7:23 am

AMC

GME

The meme stock frenzy has reignited, driven by the return of 'Roaring Kitty' and significant gains in GameStop and AMC Entertainment. Economist Raoul Pal argues that the phenomenon is driven by financial anxieties among millennials rather than low interest rates.

Portfolio Pulse from Shanthi Rexaline

May 15, 2024 | 7:12 am

ATNM

Actinium Pharmaceuticals will present improved survival outcomes for TP53 positive patients and long-term efficacy results for older patients receiving Iomab-B led bone marrow transplants at the EHA 2024. The Phase 3 SIERRA trial showed a significant increase in median overall survival for TP53 mutation patients receiving Iomab-B.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 7:11 am

EWQ

The France Consumer Price Index (CPI) for April increased by 0.5% month-over-month, matching the estimated growth and up from the prior month's 0.2% increase.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:53 am

TSLA

YouTuber and Tesla enthusiast Dillon Loomis defends Elon Musk's leadership, arguing that Tesla's market cap would be significantly lower with a more traditional CEO. Loomis believes Musk's risk-taking is essential for Tesla's mission to transition the world to sustainable energy. The article also highlights recent controversies and strategic decisions that have divided investors and analysts.

Portfolio Pulse from Anan Ashraf

May 15, 2024 | 6:38 am

AHT

BHR

Braemar Hotels & Resorts Inc. (NYSE:BHR) announced that Blackwells Capital LLC's proxy campaign at Ashford Hospitality Trust, Inc. (NYSE:AHT) was unsuccessful, with only 7% of shares voting on the Blackwells proxy card. Ashford Trust confirmed that seven of its nine nominees received a majority of votes, and the remaining two were re-appointed by the Board.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:31 am

SKYH

Sky Harbour Group (AMEX:SKYH) reported Q1 2024 GAAP EPS of $(0.78), missing the $(0.07) estimate by a significant margin. However, sales of $2.404M beat the $2.200M estimate, showing a 117.16% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:16 am

IPHA

SNY

Innate Pharma's drug candidates SAR443579 (IPH6101) and IPH6501 have been accepted for presentation at the European Association of Hematology 2024 Congress. SAR443579, developed in partnership with Sanofi, targets blood cancer, while IPH6501 is aimed at treating relapsed or refractory CD20-expressing B-cell Non-Hodgkin's Lymphomas.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:08 am

AMC

BB

GME

The recent surge in meme stocks, including GameStop (GME), AMC Entertainment (AMC), and BlackBerry (BB), is not driven by retail traders, according to JJ Kinahan, CEO of IG North America. The exact catalyst remains unclear, but the re-emergence of 'Roaring Kitty' has sparked renewed interest. Analysts speculate on potential factors that could impact the rally, such as stock offerings and market boredom.

Portfolio Pulse from Benzinga Neuro

May 15, 2024 | 6:08 am

BTCUSD

GME

GameStop shares surged 190% this week, outperforming Bitcoin's yearly gains in a single day. The rally was driven by retail traders' excitement over the return of Keith Gill. Despite this, Bitcoin's long-term trajectory remains more optimistic due to its consistent growth and mainstream adoption.

Portfolio Pulse from Aniket Verma

May 15, 2024 | 5:55 am