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BA

Elon Musk extended his best wishes to Boeing for the first crewed test flight of their Starliner spacecraft to the ISS. The mission, crucial for Boeing's entry into the commercial spaceflight sector, faced multiple delays but was successfully launched on June 5.

Portfolio Pulse from Benzinga Neuro

June 05, 2024 | 2:53 pm

LULU

Lululemon Athletica (NASDAQ:LULU) shares are trading lower ahead of the company's earnings release for the 2024 fiscal-year first quarter. Analysts expect EPS of $2.39 and revenue of $2.2 billion. Last quarter, Lululemon beat expectations with an adjusted EPS of $5.29 and revenue of $3.20 billion.

Portfolio Pulse from Dylan Berman

June 05, 2024 | 2:52 pm

EWC

SNDL

SNDL's CEO anticipates significant consolidation in the Canadian cannabis sector over the next 3 to 5 years, as stated during the KCSA Investor Conference.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:50 pm

KLAC

KLA shares are trading higher after Barclays upgraded the stock from Underweight to Equal-Weight and raised its price target from $630 to $765.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:50 pm

SNDL

SNDL Inc. announced plans to start shipping products to Germany in the second half of 2024, as revealed by the CEO at the KCSA Investor Conference.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:49 pm

CNTX

Context Therapeutics (CNTX) has reported that Great Point Partners, LLC holds a 9.89% stake in the company as of May 31, 2024, according to an SEC 13G filing.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:48 pm

CHPT

ChargePoint Holdings, Inc. (NYSE:CHPT) is in focus ahead of its fiscal-year 2025 first-quarter earnings report. Analysts expect an EPS loss of thirteen cents per share and revenue of $105.79 million. Last quarter, ChargePoint reported revenue of $115.83 million, missing estimates, but beat EPS expectations with a loss of twelve cents per share.

Portfolio Pulse from Dylan Berman

June 05, 2024 | 2:48 pm

DELL

HPE

NVDA

Jim Cramer highlighted the strategic alignment of Hewlett Packard Enterprise (HPE) and Dell Technologies (DELL) with Nvidia (NVDA) to leverage advancements in AI, GPUs, and data centers. HPE reported better-than-expected Q2 results, while Dell's focus on AI and its partnership with Nvidia were emphasized. Stock movements: HPE up 12.59%, DELL down 0.17%, NVDA up 2.49%.

Portfolio Pulse from Benzinga Neuro

June 05, 2024 | 2:47 pm

MDB

Recent analysis of MongoDB's (NASDAQ:MDB) options activity reveals a significant bearish sentiment among traders, with 64% of trades being bearish. The options activity includes 10 puts valued at $956,107 and 4 calls valued at $195,440. Analysts have mixed ratings on MongoDB, with target prices ranging from $250 to $470.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:46 pm

QCOM

Whales have shown a bullish stance on Qualcomm (NASDAQ:QCOM) with significant options activity. 50% of the trades were bullish, targeting a price range of $180 to $250. The stock is currently up 2.69% at $209.88, with analysts maintaining Buy ratings and target prices ranging from $205 to $245.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:45 pm