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Stock Prices

TOUR

Tuniu Corporation has regained compliance with Nasdaq's minimum bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:36 am

GPCR

Structure Therapeutics Inc. (NASDAQ:GPCR) has announced the pricing of its upsized public offering of 9,066,972 American Depositary Shares (ADSs) at $52.50 per ADS, expected to raise approximately $476 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:20 am

DX

Dynex Capital has priced a $126 million public offering of 10.5 million common shares, with an option for underwriters to purchase an additional 1.575 million shares. The offering is expected to close on June 7, 2024, subject to customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:15 am

ANNX

Annexon has priced its $125 million underwritten public offering of 13,001,120 common shares at $6.25 per share. Additionally, pre-funded warrants to purchase 7,000,000 shares of common stock are being offered at $6.249 per share.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:12 am

EWG

Germany's factory orders for April decreased by 0.2% month-over-month, missing the estimated increase of 0.6% and showing a slight improvement from the prior month's -0.4%.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:09 am

NVDA

TSLA

Tesla CEO Elon Musk defended his decision to redirect Nvidia chips from Tesla to his other ventures, X and xAI, citing space and power constraints at Tesla's existing facilities. Investor Ross Gerber criticized the move, calling it 'weird.' Musk emphasized the need for significant power and cooling for GPU installations and highlighted ongoing construction at the Texas gigafactory to accommodate future AI compute needs.

Portfolio Pulse from Anan Ashraf

June 06, 2024 | 6:04 am

BTCUSD

ETHUSD

SOLUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' predicts Bitcoin will reach $350,000 by August 2024. He also expressed confidence in Ethereum and Solana, while criticizing U.S. leadership. Despite his bold claims, the forecast appears unrealistic given Bitcoin's current price trajectory.

Portfolio Pulse from Aniket Verma

June 06, 2024 | 5:13 am

AMD

ARM

INTC

NVDA

QCOM

Tech investor Paul Meeks predicts that Nvidia will maintain its dominance in the AI chip market, despite competition from AMD, Intel, Qualcomm, and Arm Holdings. Nvidia announced its next-generation AI chips, including the Rubin GPU and Vera CPU, at the Computex tech conference. AMD also unveiled new accelerators, while Meeks expressed skepticism about Intel's AI claims.

Portfolio Pulse from Ananya Gairola

June 06, 2024 | 4:50 am

EWA

Australia's trade balance for the latest period came in at 6.548 billion AUD, significantly higher than the estimated 5.370 billion AUD and the revised prior figure of 4.841 billion AUD.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:14 am

EWA

Australia's home loans increased by 4.3% month-over-month, significantly surpassing the estimated 1.2% and the revised prior figure of 3.5%.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:13 am