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Stock Prices

MNPR

Monopar Therapeutics shares have seen an increase in their trading value following an upgrade from Hold to Buy by JonesTrading.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 12:48 pm

GOLD

RVLGF

Revival Gold (OTCQX: RVLGF) has acquired Ensign Minerals in an all-stock deal valued at $21.9 million, marking its second gold asset in the U.S. This acquisition expands Revival's gold resource base to 3.8 million ounces inferred, with the Mercur project in Utah adding 1.6 million ounces. The deal aims to accelerate Revival's timeline to gold production, targeting 150,000 ounces per year. Post-acquisition, Revival Gold shareholders will own 65% of the new entity. The merger enhances Revival's position in the North American gold market amid high demand.

Portfolio Pulse from Stjepan Kalinic

April 11, 2024 | 12:48 pm

STEP

StepStone Group's stock price increased following an upgrade by JP Morgan from Neutral to Overweight.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 12:47 pm

GILD

UNH

VERV

The article highlights the top 3 oversold health care stocks, suggesting potential investment opportunities. Verve Therapeutics, UnitedHealth Group, and Gilead Sciences are featured for their low RSI values, indicating they may be undervalued. Recent developments and stock performance for each company are discussed, providing a basis for their inclusion in the list of stocks that could rescue portfolios this quarter.

Portfolio Pulse from Avi Kapoor

April 11, 2024 | 12:46 pm

FCOM

META

XLC

Meta Platforms, Inc. (NASDAQ:META) has introduced new safety features on Instagram to protect teenagers from 'sextortion' scams, including obscuring nude images and providing direct reporting options. The initiative aims to enhance online safety for teens, with a global launch planned for teen accounts. Meta's move, which does not extend to WhatsApp and Messenger, follows previous efforts to safeguard teen users and comes amid broader scrutiny over child safety on its platforms. Meta's stock has seen significant growth, with over 143% gain in the last 12 months, and is part of ETFs like The Communication Services Select Sector SPDR Fund (NYSE:XLC) and Fidelity MSCI Communication Services Index ETF (NYSE:FCOM).

Portfolio Pulse from Anusuya Lahiri

April 11, 2024 | 12:44 pm

AAPL

The DOJ's antitrust lawsuit against Apple Inc. (AAPL) will now be overseen by Judge Julien Xavier Neals after Judge Michael E. Farbiarz stepped down due to necessary recusal, with undisclosed reasons related to potential impartiality issues. This change in judiciary oversight comes amidst Apple's strong opposition to the lawsuit, which it claims threatens its innovation capabilities. The trial will continue as planned in New Jersey, even as Apple faces increasing regulatory pressures globally.

Portfolio Pulse from Rounak Jain

April 11, 2024 | 12:44 pm

GLD

SPY

TLT

March's Producer Price Index (PPI) report showed a mixed inflation landscape, with the headline PPI year-on-year increase at 2.1%, missing expectations, while the core PPI exceeded forecasts. This has maintained market uncertainties about potential delays in interest rate cuts, affecting Treasury yields, the dollar, and investment assets like the iShares 20+ Year Treasury Bond ETF (TLT), SPDR Gold Trust (GLD), and SPDR S&P 500 ETF Trust (SPY).

Portfolio Pulse from Piero Cingari

April 11, 2024 | 12:42 pm

ADBE

GGME

PNQI

Adobe Inc is expanding its AI capabilities by acquiring video datasets for its text-to-video generator, competing with OpenAI's technology. Adobe is offering $120 for video submissions from its community to enhance its AI training dataset. The initiative is part of Adobe's broader strategy to integrate generative AI across its creative tools. Adobe's stock is accessible through Invesco Next Gen Media And Gaming ETF (GGME) and Invesco Nasdaq Internet ETF (PNQI), and it saw a slight decrease of 0.35% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

April 11, 2024 | 12:41 pm

FAST

IYM

TMFM

Fastenal Company (NASDAQ:FAST) shares dropped after reporting Q1 FY24 sales of $1.895 billion, missing consensus estimates of $1.914 billion. The company saw a slight increase in net daily sales and unit sales, primarily from growth with larger customers and Onsite locations. Despite a rise in digital sales, the gross margin slightly contracted, and operating income decreased. EPS was $0.52, below the expected $0.53. Operating cash flow also fell by 13.6% Y/Y. Fastenal declared a dividend of $0.39 per share. The company's outlook for 2024 remains unchanged, expecting Onsite signings and device signings within previously stated ranges. FAST shares are down 4.47% in premarket trading. Investors can also gain exposure to Fastenal through Motley Fool Mid-Cap Growth ETF (BATS:TMFM) and iShares U.S. Basic Materials ETF (NYSE:IYM).

Portfolio Pulse from Lekha Gupta

April 11, 2024 | 12:41 pm

BRTX

DOMH

LCGMF

Insiders at Dominari Holdings, BioRestorative Therapies, and Lion Copper and Gold have recently made significant stock purchases. Dominari Holdings' President acquired shares at $2.99 each, BioRestorative Therapies' Director at $1.23 each, and Lion Copper and Gold's Director at $0.06 each. These transactions indicate insider confidence in the companies' prospects. Dominari Holdings reported a narrower quarterly loss, BioRestorative Therapies announced a partnership to accelerate a Phase 2 trial, and Lion Copper and Gold's stock has gained 6% over the past month.

Portfolio Pulse from Avi Kapoor

April 11, 2024 | 12:41 pm