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ADBE

Adobe (NASDAQ:ADBE) reported Q2 2024 adjusted EPS of $4.48, beating the estimate of $4.39. Sales were $5.310 billion, surpassing the $5.292 billion estimate and marking a 10.26% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:05 pm

RTX

Financial giants have made a bearish move on RTX (NYSE:RTX) with 60% of options trades showing bearish tendencies. The price window for RTX is projected between $95.0 to $115.0. RTX's stock is currently down 1.79% at $104.86, with a neutral RSI. Wells Fargo maintains an Overweight rating with a target price of $141.0.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 8:04 pm

RZLT

Rezolute shares are trading lower following the company's announcement of a proposed public offering of common stock and pre-funded warrants.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:03 pm

INAB

IN8bio shares are trading higher after the company presented data from its Phase 1 trial of INB-100 showing 100% of treated leukemia patients achieved durable complete remission at 1 year.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:02 pm

INAB

IN8bio presented Phase 1 INB-100 trial data at EHA 2024, showing 100% of evaluable leukemia patients remain alive, progression-free, and in durable complete remission through one year. The trial demonstrated in vivo expansion and persistence of haplo-matched allogeneic gamma-delta T cell therapy.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:02 pm

RZLT

Rezolute, Inc. (NASDAQ:RZLT) has announced a proposed public offering of its common stock and pre-funded warrants. The size and terms of the offering have not been disclosed. Jefferies and Cantor are acting as the book-running managers.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 8:01 pm

WLY

John Wiley & Sons Inc (NYSE:WLY) shares surged after reporting better-than-expected Q4 FY24 earnings and initiating FY25 guidance. Despite a 10.9% decline in sales, the company beat analyst estimates and showed strong performance in Learning and Research segments. Adjusted EPS of $1.21 surpassed the consensus of 81 cents. The company also provided a positive outlook for FY25.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 7:59 pm

WMT

Financial giants have shown a bearish trend in Walmart's options trading, with 50% of trades being bearish. The largest trades include both puts and calls, with significant volumes and open interest. Analysts have given Walmart a mix of Buy and Overweight ratings, with target prices ranging from $70 to $81.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 7:46 pm

NVDA

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) shares surged by 12.4% due to strong performance in the AI sector and recent product innovations, including a liquid-cooled AI data center optimized for NVIDIA Corp (NASDAQ:NVDA) AI Enterprise software. The company reported a 37.09% year-over-year revenue growth, net income of $402.46 million, and earnings per share of $7.13.

Portfolio Pulse from Vaishali Prayag

June 13, 2024 | 7:43 pm

TSN

Tyson Foods Inc. (NYSE:TSN) has suspended its CFO, John R. Tyson, following his second DUI arrest. Curt Calaway has been appointed as the interim CFO. This incident raises concerns about Tyson's ability to fulfill his duties effectively.

Portfolio Pulse from Michael Cohen

June 13, 2024 | 7:41 pm