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WAL

Western Alliance shares are trading higher following better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 4:40 pm

WDC

Western Digital shares are trading lower due to overall weakness in the chip and hardware sectors.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 4:38 pm

AMC

AMC Entertainment Holdings, Inc. (NYSE:AMC) shares have surged nearly 20% over the past five days, despite a price target cut from $6 to $4 by Wedbush analyst Alicia Reese. The analyst cited improving box office trends but was concerned about the company's heavy debt load. Retail investors have shown renewed interest in AMC, with trading volume on track to surpass the 100-day average. The stock is trading below its 50-day moving average, with 16.11% of shares being sold short.

Portfolio Pulse from Erica Kollmann

April 19, 2024 | 4:34 pm

ORCL

Over the past 10 years, Oracle (NYSE:ORCL) has produced an average annual return of 11.27%, outperforming the market by 1.07% annually. A $100 investment in ORCL a decade ago would now be worth $290.60, showcasing the impact of compounded returns on investment growth. Oracle's current market capitalization stands at $319.16 billion.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:32 pm

Over the past 15 years, Home Depot (NYSE:HD) has delivered an average annual return of 18.58%, outperforming the market by 6.17% on an annualized basis. A $1000 investment in HD 15 years ago would now be worth $12,673.03. Home Depot's market capitalization currently stands at $330.44 billion.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:32 pm

TSM

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) shares fell in early trading after the company adjusted its pricing model amidst a competitive environment. Analysts from Goldman Sachs and Needham reiterated Buy ratings with differing price targets. Despite a double-digit revenue growth forecast, volume recovery remains muted, with fab utilization rates expected to stay below 80% for most processes except 5nm, 3nm, and 8-inch. The company maintains its 2024 revenue guidance, expecting sequential growth, with AI being a significant growth driver.

Portfolio Pulse from Priya Nigam

April 19, 2024 | 4:31 pm

NVFY

SERV

YYAI

ZCMD

In Friday's intraday session, 12 consumer discretionary stocks showed significant movement. Notable gainers included ZHONGCHAO (ZCMD) with a 33.1% increase, and Nova Lifestyle (NVFY) rising by 28.43%. On the losing end, Connexa Sports Technologies Inc. (YYAI) saw a 44% decrease, and Serve Robotics (SERV) declined by 21.07%. The movements reflect a mix of earnings reports and market adjustments.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:31 pm

AEON

ICU

ISPC

KTRA

MNDR

NKGN

In Friday's intraday session, several healthcare stocks experienced significant movements. Mobile-health Network (MNDR) led the gainers with a 34.7% increase, while SeaStar Medical Holding (ICU) saw the largest decrease among the losers, dropping 21.2%. Other notable movers included NKGen Biotech (NKGN) and Kintara Therapeutics (KTRA) with substantial gains, and iSpecimen (ISPC) and AEON Biopharma (AEON) with notable losses. These movements reflect the dynamic nature of the healthcare stock market, influenced by factors such as quarterly earnings and market capitalization changes.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:31 pm

AULT

BGLC

CSLR

DCFC

IPDN

SRFM

In Friday's intraday session, several industrials stocks experienced significant movements. Notably, Complete Solaria (CSLR) surged by 40.7%, while Tritium DCFC (DCFC) plummeted by 62.9%. Other notable movers include Surf Air Mobility (SRFM) and Ault Alliance (AULT) with significant gains, and Professional Diversity (IPDN) and BioNexus Gene Lab (BGLC) among the losers.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 4:31 pm

VFS

VinFast Auto Ltd. (NASDAQ:VFS) shares dropped after announcing a partnership with Mobivia to expand aftersales service in Europe, despite a 444% increase in EV deliveries year over year. Analysts at Cantor Fitzgerald lowered their price forecast for VFS to $8 from $9, citing a slump in EV demand. They also reduced FY24 revenue estimates to $2.4 billion from $2.6 billion and adjusted FY24 gross margin projections. The company continues to expand its dealership network globally.

Portfolio Pulse from Nabaparna Bhattacharya

April 19, 2024 | 4:31 pm