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Stock Prices

LOW

Lowe's shares are trading lower, pulling back following recent strength.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:41 pm

SPY

Federal Reserve's Goolsbee stated that a stronger dollar could impact the trade balance, employment, and inflation. This could have significant implications for the broader market.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:39 pm

BHC

Bausch Health presented Phase 2 data for Amiselimod in treating ulcerative colitis at DDW 2024 and analysis of Rifaximin at ILC 2024.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:37 pm

F

GM

INTC

STLA

TSLA

WKSP

The article discusses recent innovations in the EV sector, highlighting Tesla's focus on affordable vehicles, Intel's new SoC solution to lower EV costs and boost performance, and Worksport's upcoming solar-powered accessories for pickups. Worksport was also awarded Innovator of the Year.

Portfolio Pulse from Upwallstreet

June 14, 2024 | 6:37 pm

SPY

VGK

Fed's Goolsbee emphasized the importance of monitoring inflation and suggested that if progress continues, interest rates could be lowered, potentially avoiding a recession. He also noted that rate cuts in European countries could strengthen the US dollar.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:36 pm

SPY

Fed's Goolsbee suggests that the current economic dynamics resemble a regular business cycle. If inflation continues to improve, the Fed may cut rates. However, economic pain is increasing, with rising delinquencies, though not at recession levels.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:36 pm

IESC

IES Holdings (NASDAQ: IESC) has significantly outperformed the market over the past 5 years, delivering an average annual return of 48.76%. A $1000 investment in IESC 5 years ago would now be worth $7,217.74. The company's current market capitalization is $2.78 billion.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 6:30 pm

BA

LUV

Boeing shares are trading lower following a report suggesting the company and Airbus are under FAA investigation for the authenticity of titanium parts used in some jets. The US National Transportation Safety Board reportedly opened a probe into the May 25 Southwest Airlines in-flight event.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:30 pm

U

Unity Software's (NYSE:U) short interest has risen by 16.59%, with 36.37 million shares sold short, representing 9.7% of its float. This is higher than the peer group average of 7.87%. It would take traders 3.51 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 6:30 pm

RRX

Regal Rexnord (NYSE:RRX) has outperformed the market over the past 20 years with an average annual return of 9.65%, resulting in a $100 investment growing to $634.38. The company currently has a market capitalization of $9.03 billion.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 6:30 pm