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NVDA

NVIDIA Corporation (NASDAQ:NVDA) has seen a significant rally following its stronger-than-expected earnings report, with shares jumping around 21% since the announcement. The company reported better-than-expected financial results for its first quarter, issued strong guidance for the second quarter, announced a 10-for-1 stock split, and raised its quarterly dividend by 150%. The stock has surged 186% since the end of May 2023, driven by high demand for AI development chips. Investors looking to earn $500 monthly from dividends would need to invest approximately $17,223,750.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 12:29 pm

EA

LLY

URBN

ZG

The Nasdaq 100 closed lower by over 100 points on Wednesday. Notable insider sales were reported for Electronic Arts, Zillow Group, Urban Outfitters, and Eli Lilly. Insider sales can indicate concerns about a company's prospects or that the stock is overpriced.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 12:22 pm

ALUR

Allurion Technologies shares are trading higher following an update to its Coach Iris and guidance.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:20 pm

TSLA

Tesla's board criticized Glass Lewis for recommending shareholders vote against Elon Musk's rescinded $56 billion pay package, citing faulty logic and speculation. The board emphasized Musk's achievements and urged shareholders to support the pay package and the move of Tesla's incorporation to Texas.

Portfolio Pulse from Anan Ashraf

May 30, 2024 | 12:20 pm

NAAS

NaaS Technology has announced a change in its American Depositary Shares (ADS) ratio from 1:10 to 1:200. This adjustment is likely to impact the stock price and trading volume of the company in the short term.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:18 pm

INMB

INmune Bio Inc. (NASDAQ:INMB) will join the Russell 3000 Index at the open of US equity markets on Monday, July 1st, as part of the 2024 Russell US Indexes annual reconstitution.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:18 pm

BILL

BILL (NYSE:BILL) announced the repurchase of approximately $234.5 million of its 0.0% Convertible Senior Notes due 2025 for $221.7 million. The repurchase is expected to close on June 4, 2024, and will leave $167.3 million of the notes outstanding. This move could impact BILL's stock price.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:15 pm

TDSGF

Telo Genomics Corp (OTC:TDSGF) announced that its prognostic test for smoldering multiple myeloma, TeloViewSMM, has been accepted for publication in the American Journal of Hematology. The test demonstrated superior performance in predicting disease progression and stability compared to other oncology tests. The company recently announced a private placement to raise $2 million.

Portfolio Pulse from Vandana Singh

May 30, 2024 | 12:15 pm

BSGM

BioSig Technologies shares are trading lower following the announcement of a $3 million registered direct offering of 1,570,683 shares at $1.91 per share.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:14 pm

MAXN

Maxeon Solar Technologies shares are trading lower after the company reported worse-than-expected Q1 financial results and issued Q2 and FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:13 pm