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DIA

IWM

QQQ

SPY

US Indices are trading lower following the release of Fed Minutes that showed participants assessed that it would take longer than expected to move to 2% inflation.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 6:41 pm

AKTS

BDRX

BNED

EDBL

OGEN

TJX

WOOF

U.S. stocks traded lower with the Nasdaq Composite falling over 100 points. The TJX Companies reported better-than-expected Q1 results, while Akoustis Technologies, Barnes & Noble Education, and Petco Health saw significant stock price increases. Edible Garden AG, Biodexa Pharmaceuticals, and Oragenics experienced notable declines.

Portfolio Pulse from Avi Kapoor

May 22, 2024 | 6:32 pm

ABNB

Wealthy investors have taken a bullish stance on Airbnb (NASDAQ:ABNB), as indicated by 22 uncommon options trades detected by Benzinga's options scanner. The sentiment is split with 63% bullish and 31% bearish. Analysts have mixed ratings, with price targets ranging from $151 to $200. The stock is currently trading at $143.34, down by 0.53%, and may be oversold according to RSI readings.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 6:31 pm

BIDU

Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years with an average annual return of 14.81%, resulting in a $100 investment growing to $816.58. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 6:31 pm

PVH

PVH (NYSE:PVH) has outperformed the market over the past 20 years with an average annual return of 9.26%, surpassing the market by 1.22% annually. A $1000 investment in PVH 20 years ago would be worth $5,893.56 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 6:31 pm

BRK

Warren Buffett's hometown of Omaha, Nebraska, remains a close-knit community where even billionaires choose to stay. The recent Berkshire Hathaway shareholders meeting drew thousands to the city, highlighting Buffett's influence and the local culture of modesty and long-term friendships.

Portfolio Pulse from Chris Katje

May 22, 2024 | 6:30 pm

NFLX

Netflix's 'Bridgerton' Season 3 premiered with strong viewership, with the first four episodes garnering 45.1 million views and 165.2 million hours watched. The split release strategy could boost Netflix's subscriber retention and viewership across Q2 and Q3. Additional key releases and events are expected to further enhance Netflix's performance in the coming quarters.

Portfolio Pulse from Chris Katje

May 22, 2024 | 6:29 pm

NVDA

Nvidia's upcoming earnings announcement is generating significant buzz in the crypto world, particularly around AI and DePIN projects. Notable traders are highlighting Render (RNDR) and Fetch.ai (FET) as key cryptos with ties to Nvidia. Nvidia's earnings are expected to impact AI-related stocks and cryptos, with its quarterly revenue projected to triple.

Portfolio Pulse from Khyathi Dalal

May 22, 2024 | 6:26 pm

AKTS

Akoustis Technologies, Inc. (AKTS) has announced a $10 million registered direct offering priced at-the-market under Nasdaq rules.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 6:26 pm

TOL

Toll Brothers, Inc. (NYSE:TOL) shares are trading lower despite strong Q2 home sales revenues and deliveries. Analysts have mixed ratings, with BofA Securities maintaining a Buy rating, while RBC Capital Markets and Wedbush have Neutral ratings. The company's conservative gross margin outlook and potential earnings volatility in certain markets are key concerns.

Portfolio Pulse from Nabaparna Bhattacharya

May 22, 2024 | 6:25 pm