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Stock Prices

AEMD

Aethlon Medical's stock price increased following the announcement of positive results from an in vitro binding study, demonstrating the effectiveness of its Hemopurifier in removing extracellular vesicles from plasma.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 12:46 pm

MAC

PPG

XPEL

Insiders at Macerich Company, XPEL, Inc., and PPG Industries have made notable purchases of their company's stock, signaling confidence in their respective companies' prospects. These transactions follow recent financial results from each company, with Macerich and PPG Industries posting better-than-expected and mixed results, respectively, and XPEL reporting worse-than-expected results.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 12:45 pm

AVAV

DLX

ZIM

Three industrials sector stocks, ZIM Integrated Shipping Services Ltd. (ZIM), AeroVironment, Inc. (AVAV), and Deluxe Corporation (DLX), are highlighted as overbought according to their RSI values, indicating potential short-term performance concerns. ZIM's RSI stands at 80.41, AVAV's at 83.25, and DLX's at 72.66, with all showing significant price gains over the past month.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 12:44 pm

MGNX

NTRA

NVAX

PGNY

Natera, Inc. shares surged 15% in pre-market trading following strong Q1 earnings, outperforming market expectations with lower losses and higher sales. Other stocks also showed significant pre-market movements, with notable gainers including Novavax, AEye, and Sensus Healthcare, and losers like MacroGenics and Progyny due to disappointing financial results.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 12:44 pm

ALGM

Allegro MicroSystems, Inc. (NASDAQ:ALGM) reported Q4 results surpassing expectations with earnings of 25 cents per share and sales of $240.58 million. Despite this, analysts from Needham and Mizuho cut their price targets on ALGM, leading to a 5.8% drop in its shares.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 12:43 pm

AMD

CRSR

LOGI

SCCO

STWD

XPO

Jim Cramer recommended buying AMD, praised its CEO Lisa Su, and highlighted its strong Q1 results. He also recommended XPO, Inc. for its solid performance and growth. Cramer described Southern Copper Corp as a good company but advised waiting for a price drop. He criticized Corsair Gaming as 'second-rate' compared to Logitech, despite its better-than-expected earnings. Cramer advised against owning Starwood Property Trust, noting its mixed financial results.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 12:41 pm

ITOS

LIDR

NVAX

Shares of iTeos Therapeutics, Novavax, and AEye are trading higher due to significant corporate developments. iTeos announced a $120 million offering and Q1 results, Novavax reported strong Q1 earnings and updated guidance, and AEye revealed a partnership with LITEON Technology.

Portfolio Pulse from ryanfaloona@benzinga.com

May 10, 2024 | 12:41 pm

INTC

NVDA

SMH

SOXX

TSM

TSMC experienced a 60% surge in April sales, reaching $7.3 billion, driven by demand for AI and recovery in consumer electronics. The company's revenue is expected to grow by a third this quarter, following a 34.3% increase in March. TSMC, the exclusive producer of Nvidia's advanced AI chips, announced plans for its new 'A16' chip technology, competing with Intel's '14A' technology. TSMC's stock has gained over 68% in the last 12 months, with exposure available through VanEck Semiconductor ETF and iShares Semiconductor ETF.

Portfolio Pulse from Anusuya Lahiri

May 10, 2024 | 12:41 pm

RAYS

TAN

The Global Electricity Review by Ember highlights solar energy's significant growth, outpacing wind and fossil fuels in 2023. Solar's electricity generation growth exceeded 23%, marking its 19th consecutive year as the fastest-growing electricity source. Fossil fuels are projected to decline further, aligning with global shifts towards renewable energy. The report supports the transition to clean energy, with renewables now over 30% of the global energy mix. ETFs like Global X Solar ETF (RAYS) and Invesco Solar ETF (TAN) have seen declines year-to-date but may benefit from the ongoing shift towards solar energy.

Portfolio Pulse from Anthony Noto

May 10, 2024 | 12:37 pm

EPAM

EPAM Systems, Inc. (NYSE:EPAM) shares are trading higher in the premarket session on Friday, following a 27% slump after reporting Q1 FY24 results. The company's sales declined 3.8% year over year to $1.165 billion, slightly beating analyst estimates. EPAM cited uneven demand for its services and increased compensation costs as reasons for the decline. The company also completed two acquisitions, expanded its geographical reach, and repurchased shares under its share repurchase program. However, it lowered its FY24 revenue and adjusted EPS outlook, indicating operational challenges and market concerns.

Portfolio Pulse from Nabaparna Bhattacharya

May 10, 2024 | 12:35 pm