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DIA

NVDA

Nvidia Corporation (NASDAQ: NVDA) is undergoing a 10-for-1 stock split, effective after market close on Friday. The split aims to make shares more accessible to employees and investors, with trading on a split-adjusted basis starting Monday, June 10. Historically, Nvidia's stock splits have shown minimal immediate returns. The split could also be a precursor to Nvidia's inclusion in the Dow Jones Industrial Average, potentially replacing Intel Corporation. Nvidia's stock split might impact the SPDR Dow Jones Industrial Average ETF Trust (NYSE: DIA).

Portfolio Pulse from Chris Katje

June 07, 2024 | 4:26 pm

NFLX

The Jake Paul-Mike Tyson boxing match has been rescheduled to Nov. 15 and will be streamed live on Netflix. This move aligns with Netflix's strategy to diversify its content offerings.

Portfolio Pulse from Aaron Bry

June 07, 2024 | 4:16 pm

AI

C3.ai (NYSE:AI) has seen a 3.23% increase in its short percent of float, now at 36.11%. This indicates a bearish sentiment among investors, as it significantly exceeds the peer group average of 7.61%. It would take traders 7.98 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 4:15 pm

GME

GameStop Corp shares have resumed trading after a temporary halt. The halt was due to a significant price movement, which triggered a circuit breaker. Investors are closely watching the stock for further volatility.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:14 pm

CRM

FEPI

IGV

Salesforce (NYSE:CRM) shares are trading nearly flat today. The company recently announced London as the location for its first AI center and introduced Slack lists for task management. CRM stock has gained over 17% in the past year. Investors can also gain exposure via IShares Expanded Tech-Software Sector ETF (BATS:IGV) and REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI).

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2024 | 4:12 pm

GME

GameStop shares experienced a trading halt due to a circuit breaker after a significant price movement. The stock is currently down by 22.8%.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:09 pm

GME

GameStop Corp shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:08 pm

BNTX

MRNA

NVAX

PFE

Moderna has submitted an FDA application for its updated COVID-19 vaccine targeting the JN.1 variant for the 2024-2025 season. Novavax expects to deliver its JN.1 vaccine by September, pending authorization. Pfizer/BioNTech and Moderna plan to have their updated vaccines available this fall.

Portfolio Pulse from Vandana Singh

June 07, 2024 | 4:05 pm

ASXC

BMEA

BNED

GERN

GME

VERO

U.S. stocks traded mixed with the Dow Jones gaining, while the NASDAQ fell slightly. Financial shares climbed, and real estate shares dipped. Key highlights include a spike in Geron Corporation shares following FDA approval, a significant drop in Biomea Fusion shares due to an FDA clinical hold, and a decline in GameStop shares after poor earnings results. Commodities saw a drop in gold and silver prices.

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 4:05 pm

GME

GameStop shares were halted on a circuit breaker due to a significant drop, with the stock now down by 24.6%.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 4:04 pm