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AAPL

TSLA

A Delaware judge voided Tesla CEO Elon Musk's $55 billion compensation plan, leading to Tesla shareholders rallying in support. They propose a new compensation plan aiming for Tesla to surpass Apple and Saudi Aramco's combined market cap of $4.9 trillion. The plan suggests vesting shares to grant Musk 25% ownership. Tesla's board faces decisions on Musk's compensation amidst this support, with over 5,000 shareholders backing a new plan.

Portfolio Pulse from Chris Katje

February 06, 2024 | 8:45 pm

IMNM

Immunome's stock price increased following the announcement of a definitive asset purchase agreement with Ayala Pharmaceuticals for the acquisition of AL102 and AL101 drug candidates.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 8:38 pm

FCX

SCCO

Shares of copper companies are trading higher due to optimism around potential stimulus measures in China, which could increase the demand for copper.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 8:36 pm

MEDP

Over the past 5 years, Medpace Holdings (NASDAQ:MEDP) has outperformed the market with an annualized return of 24.18%, averaging 36.94% annually. A $100 investment in MEDP 5 years ago would now be worth $471.22. Medpace Holdings currently has a market capitalization of $9.06 billion.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 8:30 pm

BTCUSD

ETHUSD

XMRUSD

ZECUSD

Binance announced the delisting of Monero (XMR) along with Aragon (ANT), Multichain (MULTI), and Vai (VAI) effective Feb. 20, 2024, causing a 37% drop in XMR's value. This decision, influenced by concerns over the token's contribution to the ecosystem and potential unethical activities, also affects trading pairs with BTC, ETH, USDT, and BNB. Binance may convert delisted tokens into stablecoins post-May 20, 2024. This follows a trend of exchanges delisting privacy coins, with OKX also planning to delist Monero and Zcash.

Portfolio Pulse from Murtuza Merchant

February 06, 2024 | 8:30 pm

NVIV

InVivo Therapeutics Holdings Corp. shares are experiencing increased trading activity and volatility following the company's recent filing for Chapter 11 bankruptcy protection.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 8:29 pm

XRPUSD

A New York judge has ordered Ripple Labs to provide financial statements for 2022-2023 and details on institutional sales of XRP tokens, following a request by the SEC. Despite this, technical analysts and the XRP community remain bullish on XRP, with significant movements of XRP tokens and a buy signal indicated by the TD Sequential indicator on the XRP weekly chart. Analysts predict bullish momentum for altcoins in early 2024.

Portfolio Pulse from Khyathi Dalal

February 06, 2024 | 8:09 pm

LYFT

UBER

Uber Technologies Inc (NYSE:UBER) is experiencing a significant stock surge, reaching new all-time highs ahead of its Q4 earnings report on Feb. 7, with expectations of 15 cents EPS and $9 billion in revenues. The stock has risen over 105% in the past year and 13% in 2024, crossing $70 a share on Feb. 6. Analysts focus on Uber's growth in mobility and delivery sectors, its financial performance, and strategic management. The company's clarification on labor reclassification and its market dominance over competitors like Lyft Inc (NASDAQ:LYFT) contribute to its positive outlook. Analyst consensus rates Uber as a Buy with a target price of $60.75, with recent estimates between $68 and $79.

Portfolio Pulse from Surbhi Jain

February 06, 2024 | 8:03 pm

DHX

DHI Group (NYSE:DHX) is scheduled to release its quarterly earnings report on February 7, 2024, with an expected EPS of $0.04. Investors are hopeful for a beat on this estimate and positive future guidance. Despite a mixed past performance in earnings, with a slight increase in share price following the last quarter's results, the stock has seen a significant decline over the past year, trading at $2.06 as of February 5, down 55.03% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 8:02 pm

APPS

Digital Turbine (NASDAQ:APPS) is expected to report an EPS of $0.17 in its upcoming quarterly earnings on 2024-02-07. Analysts and investors are particularly focused on the company's guidance for future growth. Historical data shows a pattern where misses in EPS forecasts have led to significant drops in share price, with the last quarter's miss resulting in a 5.39% decrease. Over the past year, APPS shares have declined by 67.55%, indicating a challenging period for the company.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 8:01 pm