Streetbeat News

Stock Prices

TVGN

Tevogen Bio Holdings Inc. (NASDAQ:TVGN) announced that its investigational immunotherapy, TVGN 489, remains effective against the dominant FLiRT strains of SARS-CoV-2. This therapy targets multiple SARS-CoV-2 proteins and retains 95% activity against these variants, including the current dominant strain, KP.2.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 7:54 pm

ASTS

Deep-pocketed investors are showing a bullish trend towards AST SpaceMobile (NASDAQ:ASTS), with significant options activity indicating potential price movements. The options activity includes 10 calls and 2 puts, suggesting a price target range of $3.0 to $15.0. The stock is currently down 0.46% at $8.75, with an average analyst target price of $12.9.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 7:47 pm

PINS

Whales have shown a bullish stance on Pinterest (NYSE:PINS) with 58% of recent options trades being bullish. The trades suggest a price target range of $37.0 to $50.0. The stock is currently priced at $41.21 with an RSI indicating it may be overbought. An analyst from Piper Sandler has set a price target of $52.0.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 7:47 pm

NVDA

NVIDIA Corporation (NASDAQ:NVDA) has seen its stock soar, reaching a market capitalization of over $3 trillion. This surge has significantly increased the wealth of CEO Jensen Huang, who is now the 13th richest person in the world. Strong first-quarter earnings and optimism for AI-related products have driven the stock's 200%+ gain over the last year. Analysts predict further growth, potentially placing Huang among the top 10 richest individuals globally.

Portfolio Pulse from Chris Katje

June 06, 2024 | 7:45 pm

WISA

WiSA Technologies shares surged due to increased demand for its WiSA E wireless audio technology and new licensing deals. The company is gaining traction in the $296 billion wireless audio market, with significant momentum and market interest in its innovative solutions.

Portfolio Pulse from Vaishali Prayag

June 06, 2024 | 7:44 pm

BIG

DG

DLTR

FIVE

ROST

TJX

Shares of retail value stores Big Lots Inc. (NYSE:BIG) and Five Below Inc. (NASDAQ:FIVE) are trading lower following disappointing first-quarter 2024 earnings reports. Big Lots reported an adjusted loss of $4.51 per share, missing estimates, and sales of $1.0 billion, also below expectations. Five Below reported adjusted EPS of 60 cents, missing estimates, and sales of $811.9 million, also below expectations. The company lowered its guidance for the second quarter and full fiscal year. Shares of other value retailers like TJX Companies (NYSE:TJX), Ross Stores (NASDAQ:ROST), Dollar General (NYSE:DG), and Dollar Tree (NASDAQ:DLTR) are also trading lower.

Portfolio Pulse from Vaishali Prayag

June 06, 2024 | 7:42 pm

WMT

Deep-pocketed investors have shown a bearish sentiment towards Walmart (NYSE:WMT) through significant options activity. Benzinga's options scanner highlighted 31 extraordinary options activities, with 45% of the sentiment being bearish. Analysts have mixed ratings, with an average target price of $71.4.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 7:31 pm

NVOS

Novo Integrated Sciences, Inc. (NASDAQ:NVOS) has approved an increase in its stock repurchase program from $5 million to $10 million. This decision is based on potential excess funds from a pending program to monetize a Standby Letter of Credit for the Ophir Collection acquisition.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 7:31 pm

HUBB

Hubbell (NYSE:HUBB) has significantly outperformed the market over the past 5 years, delivering an average annual return of 24.22%. A $1000 investment in HUBB 5 years ago would now be worth $2,938.52. The company's current market capitalization is $20.49 billion.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 7:30 pm

HIG

Hartford Financial Services Group (NYSE:HIG) has outperformed the market over the past 15 years, delivering an average annual return of 14.58%. A $1000 investment in HIG 15 years ago would be worth $7,088.07 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 7:30 pm