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VUZI

Vuzix shares surged following the announcement of a multi-phase development contract with Garmin for a next-generation nano-imprinted waveguide-based display system. The uptick is also attributed to the broader market movement influenced by 'Roaring Kitty's return to social media, which has sparked interest in high-short interest stocks.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:43 pm

VRCA

Verrica Pharmaceuticals shares are trading higher, potentially due to the influence of high-short interest stocks rallying after 'Roaring Kitty', a notable retail trader, returned to social media. Additionally, the stock received positive attention from analysts, with Needham and HC Wainwright increasing their price targets.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:40 pm

SCHW

Schwab's stock is trading higher following the announcement of $10 billion in total net new assets for April.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:36 pm

MPC

Marathon Petroleum's stock is trading lower due to a recent CEO transition.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:35 pm

BNO

USO

Oil prices have declined in response to the release of US inflation data, which came in higher than anticipated.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:34 pm

STLA

Stellantis N.V. and Leapmotor have completed their joint venture, Leapmotor International B.V., to introduce the T03 and C10 electric vehicles in Europe, with plans for global expansion. Stellantis invested €1.5 billion for a 21% stake in Leapmotor. The venture aims to leverage Stellantis' commercial presence outside Greater China and address climate issues with competitive EV models. Operations in nine European countries are expected to start by September 2024, with expansion to other regions following.

Portfolio Pulse from Shivani Kumaresan

May 14, 2024 | 3:31 pm

GBTC

IBIT

The Wisconsin Investment Commission has invested nearly $100M in BlackRock's iShares Bitcoin Trust (IBIT) and $64M in Grayscale’s Bitcoin Trust (GBTC), marking a significant move into cryptocurrency for a state-managed fund. This investment positions Wisconsin as the first U.S. state to make such a substantial investment in Bitcoin through a state-managed fund, potentially signaling broader institutional acceptance of digital assets.

Portfolio Pulse from Murtuza Merchant

May 14, 2024 | 3:31 pm

MEDP

Medpace Holdings (NASDAQ:MEDP) has significantly outperformed the market, with an annualized return of 48.03% over the past 5 years, growing a $100 investment to $720.49. The company's market capitalization stands at $12.06 billion.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:30 pm

ACGL

Arch Capital Group (NASDAQ:ACGL) has delivered an average annual return of 17.87% over the past 10 years, outperforming the market by 7.1% on an annualized basis. With a current market capitalization of $36.70 billion, an initial investment of $1000 in ACGL stock 10 years ago would be worth $5,184.08 today.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:30 pm

AMC

Citigroup analyst Jason Bazinet has maintained a Sell rating on AMC Entertainment Holdings (NYSE:AMC) while raising the price target from $3.1 to $3.2.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:30 pm