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GS

Goldman Sachs CEO David Solomon stated that the company has made significant progress on inflation. He also mentioned that the unwinding of their credit card business has not been as complicated as initially expected.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:30 pm

VKTX

Viking Therapeutics (NASDAQ:VKTX) has seen unusual options activity, with a significant amount of bullish sentiment from big-money traders. The options trades are predominantly calls, suggesting a potential price movement. The stock is currently up 4.12% and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 4:30 pm

AMD

Advanced Micro Devices (AMD) has significantly outperformed the market over the past decade, with an annualized return of 43.77%. A $100 investment in AMD 10 years ago would now be worth $3,675.61, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 4:30 pm

EOG

EOG Resources has outperformed the market over the past 20 years with an average annual return of 10.54%, resulting in a $1000 investment growing to $7,404.84. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 4:30 pm

CURV

Torrid Holdings announced a secondary offering of 8 million shares, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:28 pm

GS

SPY

Goldman Sachs CEO predicts 2 to 3 interest rate cuts in the fall, with a potential reduction of 25 to 50 basis points. This could impact financial markets and investment strategies.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:27 pm

T

AT&T's stock declined by 1.9% to $21.30 due to rising U.S. Treasury yields following an unexpected increase in core inflation. This rise in yields could increase AT&T's borrowing costs, impacting its financial performance due to its high debt load.

Portfolio Pulse from Henry Khederian

September 11, 2024 | 4:27 pm

PRFX

PainReform shares are declining following the announcement of findings related to the compatibility of sutures in human clinical trials of their product PRF-110.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:26 pm

GS

SPY

Goldman Sachs CEO David Solomon expressed optimism about the performance of bank stocks over the past year, stating they have done incredibly well. He noted that the environment is favorable for bank activity, with some areas experiencing acceleration. Solomon also mentioned that the economy is in good shape and anticipates a soft landing scenario.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:25 pm

MULN

Mullen Automotive's stock is up 16% following the announcement that its unit, Bollinger Motors, has appointed Affinity Truck Center as an official dealer. This move strengthens Bollinger's presence in California's Central Valley and is part of a series of strategic milestones, including new partnerships and sales agreements.

Portfolio Pulse from Nabaparna Bhattacharya

September 11, 2024 | 4:24 pm