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TGT

Target has announced an increase in its quarterly dividend by 1.8%, raising it to $1.12 per share from the previous $1.10. The dividend is payable on September 10, 2024, to shareholders of record as of August 21, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:32 am

ELV

Elevance Health has reaffirmed its FY24 adjusted EPS guidance to be greater than $37.20, slightly below the consensus estimate of $37.28.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:18 am

ATAT

Atour Lifestyle Holdings Limited (NASDAQ: ATAT) announced the pricing of a secondary offering of 10 million ADSs by Legend Capital at $16.90 per ADS. The company will not receive any proceeds from this sale.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:15 am

EEM

EWY

KPOP

BTS's Jin has completed his mandatory military service, leading to a positive impact on Hybe Co. shares and related US ETFs. Ishares Msci South Korea ETF (EWY), IShares MSCI Emerging Index Fund (EEM), and JAKOTA K-Pop And Korean Entertainment ETF (KPOP) saw increases in their prices.

Portfolio Pulse from Pooja Rajkumari

June 12, 2024 | 10:09 am

VFS

VinFast Auto (NASDAQ:VFS) is accelerating its expansion across Asia despite a global slowdown in electric vehicle demand. The company is opening factories in India and Indonesia ahead of schedule, even as it faces challenges in the U.S. market and a significant drop in stock value.

Portfolio Pulse from Benzinga Neuro

June 12, 2024 | 10:05 am

COE

51Talk Online Education Group reported significant growth in its Q1 2024 financial results, with gross billings up by 55.6% YoY to $12.6M and net revenues increasing by 70.1% YoY to $9.4M. The number of active students also saw a substantial rise of 83.3% YoY.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:04 am

GBTC

Bitcoin climbed above $67,500 despite $200 million outflows from U.S. Bitcoin spot ETFs, primarily driven by Grayscale’s Bitcoin Trust (GBTC). The total net asset value of all U.S. Bitcoin spot ETFs has dipped below $60 billion. The market is awaiting the FOMC interest rate decision.

Portfolio Pulse from Murtuza Merchant

June 12, 2024 | 10:04 am

BMR

CLNN

GDHG

GOOGL

ORCL

RTO

SRFM

THMO

WLGS

Oracle shares rose 9% in pre-market trading after reporting weaker-than-expected Q4 earnings and announcing a partnership with Google Cloud. Other notable pre-market movers include Golden Heaven Group Holdings, WANG & LEE GROUP, Surf Air Mobility, Beamr Imaging, and Rentokil Initial. ThermoGenesis Holdings and Clene Inc. were among the biggest losers.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 9:33 am

AAPL

Apple co-founder Steve Wozniak has expressed cautious optimism about Apple's new AI-powered features, urging users to test them personally. Apple announced the integration of ChatGPT into its systems, a move that has drawn criticism from Elon Musk.

Portfolio Pulse from Ananya Gairola

June 12, 2024 | 9:33 am

BYDDF

FXI

LI

NIO

TSLA

VGK

XPEV

The European Commission will impose additional duties of up to 25% on imported Chinese electric vehicles starting next month. This move could impact several car makers and ETFs with exposure to the Chinese EV market.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 9:33 am