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PLTR

Palantir Technologies Inc (NYSE:PLTR) shares are trading higher as the company hosts its fourth AIPCon event, showcasing customer success with its AI platform. New customers will present their use cases, and Palantir will announce a new developer community. The stock has gained over 36% year-to-date, driven by strong commercial and government revenue growth.

Portfolio Pulse from Adam Eckert

June 06, 2024 | 4:25 pm

IDAI

Trust Stamp has received a non-compliance notice from Nasdaq for not meeting the minimum stockholders' equity requirement as of May 30.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:24 pm

ASNS

FRGT

ICU

LULU

REPL

VNDA

VTYX

Crude oil prices jumped 2%, and Lululemon reported upbeat earnings and authorized a $1 billion stock repurchase program. The Dow Jones index gained around 50 points, while the NASDAQ fell slightly. Replimune Group, Vanda Pharmaceuticals, and Freight Technologies saw significant stock price increases, while Actelis Networks, SeaStar Medical, and Ventyx Biosciences experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 4:22 pm

DELL

Dell shares are trading lower after recently gaining in sympathy with Hewlett Packard.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:22 pm

CREX

Creative Realities shares are trading higher after Craig-Hallum initiated coverage on the stock with a Buy rating and announced a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:21 pm

MU

Micron shares are trading lower amid a pullback in chip stocks following Wednesday's strength.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:19 pm

LYFT

Lyft, Inc. (NASDAQ:LYFT) shares are trading higher after the company provided optimistic 2027 financial targets ahead of its Investor Day. The company anticipates a 15% CAGR in gross bookings from 2024 to 2027, a 4% Adjusted EBITDA margin in 2027, and a free cash flow conversion rate exceeding 90% annually from 2025 to 2027. Lyft also maintains its previously announced outlook for the second quarter and 2024.

Portfolio Pulse from Nabaparna Bhattacharya

June 06, 2024 | 4:17 pm

BA

Boeing's Starliner spacecraft experienced a delay in docking with the International Space Station, holding outside the station for an extended period. This incident may impact investor confidence in Boeing's space ventures.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:17 pm

ICU

Seastar Medical Holding shares are trading lower after the company announced a 25-for-1 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:17 pm

BMY

REPL

Replimune Group Inc (NASDAQ:REPL) reported positive topline results from its IGNYTE clinical trial of RP1 plus nivolumab in anti-PD1 failed melanoma, showing a 33.6% overall response rate. Bristol-Myers Squibb Co’s (NYSE:BMY) Nivolumab, sold as Opdivo, was used in the trial. REPL shares surged 28.40% following the news.

Portfolio Pulse from Vandana Singh

June 06, 2024 | 4:16 pm