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META

Meta shares are trading lower following reports that the EU will open a probe into the company's handling of disinformation.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 4:41 pm

FCX

Freeport-McMoRan's stock price is trading higher due to an increase in copper prices.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 4:38 pm

CCJ

EQT

FLNC

NEE

VRT

Goldman Sachs forecasts a significant increase in U.S. power demand due to AI data centers, projecting a 15% CAGR from 2023-2030. This growth is expected to raise data centers' power demand to 8% of total U.S. demand by 2030. Approximately 47 GW of additional power generation capacity will be needed, with an estimated $50 billion in capital investment. Goldman Sachs has identified 16 stocks across various sectors as beneficiaries of this trend, including utilities, clean technology, and industrial tech.

Portfolio Pulse from Piero Cingari

April 29, 2024 | 4:37 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares rose after announcing its next-generation Rivian Adventure Network DC fast charging network, planning to open it to other EVs in 2024. The new charger accommodates various vehicle charging ports and supports rapid charging with 100% renewable energy. Rivian's stock has an average 1-year price target of $15.65, indicating a 69.37% upside, with mixed analyst ratings.

Portfolio Pulse from Erica Kollmann

April 29, 2024 | 4:37 pm

BA

Boeing's stock price increased following reports of the company securing $77 billion in orders for its bond sale.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 4:35 pm

CLVR

Clever Leaves Holdings Inc (NASDAQ:CLVR) stock plummeted by 62% to $1.56 after announcing its decision to voluntarily delist from Nasdaq and deregister its securities, citing potential non-compliance with listing requirements, personnel resources, and high regulatory costs. The last trading day on Nasdaq is expected to be around May 16, with deregistration effective 90 days post filing.

Portfolio Pulse from Henry Khederian

April 29, 2024 | 4:33 pm

GOOG

GOOGL

Alphabet Inc's (NASDAQ:GOOGL) (NASDAQ:GOOG) shares dropped 2.7% to $167.28 after a surge last week due to strong earnings. The company reported a 15% increase in first-quarter revenue to $80.539 billion, beating expectations, and earnings of $1.89 per share, surpassing analyst predictions.

Portfolio Pulse from Henry Khederian

April 29, 2024 | 4:32 pm

FTEL

MULN

SDA

TSLA

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. Mullen Automotive (MULN) led the gainers with a 36.7% increase, while Fitell (FTEL) headed the losers, dropping 17%. Notably, Tesla (TSLA) saw a 17.77% rise following its Q1 earnings release four days ago, and SunCar Tech Gr (SDA) also gained 15.59% after its FY earnings report.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 4:31 pm

KO

Coca-Cola is reportedly preparing for an Initial Public Offering (IPO) of its African bottling division, valued at approximately $8 billion, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 4:31 pm

ANVS

DCPH

PHG

In Monday's intraday session, health care stocks saw significant movements. Deciphera Pharmaceuticals led the gainers with a 72.2% increase, while Annovis Bio experienced the largest drop, declining by 57.7%. Other notable movers included Calidi Biotherapeutics, SINTX Techs, and Koninklijke Philips, which reported Q1 earnings.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 4:31 pm