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GME

GameStop shares are moving higher as traders circulate news that Keith Gill, also known as 'Roaring Kitty,' will host a live stream on June 7, 2024, at 12 p.m. ET.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:05 pm

COIN

ETHUSD

The approval of the Spot Ethereum ETF has been accelerated due to a rapid shift in political sentiment. This ETF is expected to attract up to $4 billion in inflows within six months, potentially causing a supply shock and driving up Ethereum prices. The situation is similar to the Bitcoin ETF launch, which saw significant demand and inflows.

Portfolio Pulse from Khyathi Dalal

June 06, 2024 | 5:03 pm

ABBV

AMZN

GS

IQV

The CNBC Halftime Report highlighted final trades including Amazon.com, The Goldman Sachs Group, IQVIA Holdings, and AbbVie.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:01 pm

SHOP

Shopify (NYSE:SHOP) has significantly outperformed the market over the past 15 years, delivering an average annual return of 16.19%. A $100 investment in Shopify 15 years ago would be worth $946.73 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 5:01 pm

IMO

Imperial Oil (AMEX:IMO) has outperformed the market over the past 5 years, delivering an average annual return of 19.28%. A $100 investment in IMO 5 years ago would be worth $239.51 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 5:01 pm

CHPT

Analysts have provided mixed ratings for ChargePoint Holdings (NYSE:CHPT) over the past three months, with a majority being bullish. The average 12-month price target has decreased from $3.00 to $2.62. Key analysts have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. ChargePoint faces challenges in revenue growth, net margin, ROE, and ROA, but maintains a sound debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 5:00 pm

TOMZ

TOMI Environmental Solutions (NASDAQ:TOMZ) announced a 30% reduction in executive compensation and external consulting fees, aiming to cut operational cash use by $500,000 by the end of 2024. The company anticipates securing a significant contract this summer and will continue investing in sales personnel and global distribution to expand its product reach.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:57 pm

QSG

QuantaSing Group shares are trading lower following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:55 pm

TOMZ

Tomi Environmental Solutions (NASDAQ:TOMZ) announces cost reduction efforts to achieve long-term growth and profitability, expecting to reduce cash used in operations by ~$500,000 by the end of 2024. The company will continue to invest in sales personnel and global distribution to expand product reach.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:55 pm

MCRB

Seres Therapeutics shares are experiencing volatility after the company entered a memorandum of understanding with Nestlé Health Science for the sale of its VOWST assets. The stock initially traded higher but has since reversed.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:52 pm