New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Palantir, Mustang Bio, DraftKings, Micron, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
June 17, 2024

On Monday, major U.S. indices saw gains, with the Dow Jones Industrial Average closing nearly 0.5% higher at 38,778.10, the S&P 500 rising almost 0.8% to 5,473.23, and the Nasdaq climbing 0.95% to 17,857.02.

These are the top stocks that gained the attention of retail traders and investors throughout the day:

Palantir Technologies Inc. (NYSE:PLTR)

Palantir’s shares climbed 6.15% to close at $25.02, with an intraday high of $25.06 and a low of $22.84. The stock’s 52-week range is between $27.50 and $13.56. Argus Research’s analyst initiated coverage with a Buy rating and a $29 price target, citing expansion into the commercial sector and growth in government business as key drivers.

Mustang Bio Inc. (NASDAQ:MBIO)

Mustang Bio’s stock skyrocketed by 476.92%, closing at $0.75, after reaching an intraday peak of $0.97 and a low of $0.29. The 52-week range has been $8.17 to $0.13. The shares soared after the company announced safety and efficacy data from the complete Waldenstrom Macroglobulinemia cohort of its Phase 1/2 clinical trial of MB-106, showing a 90% overall response rate with one patient remaining in complete remission at 31 months.

See Also: As Apple, Nvidia Trade Near All-Time Highs, Jim Cramer Tells Investors To Cash In On AI Stocks: ‘Let’s Not Be Too Greedy’

DraftKings Inc. (NASDAQ:DKNG)

DraftKings saw its shares increase by 7.81% to end the day at $41.95, with an intraday high of $42.21 and a low of $38.93. The stock’s 52-week high is $49.57, with a low of $24.16. The surge came after the U.S. Supreme Court’s decision impacting online sports betting in Florida and tax optimism in New Jersey.

Micron Technology Inc. (NASDAQ:MU)

Micron’s stock rose 4.58% to $147.83, with a high of $148.75 and a low of $142.14 on the day. The 52-week high is $148.75, and the low is $60.50. Analysts from BofA Securities and Susquehanna maintained positive ratings and raised price targets ahead of the company’s third-quarter financial results.

Tesla Inc. (NASDAQ:TSLA)

Tesla’s shares advanced 5.30%, closing at $187.44. The stock hit a high of $188.81 and a low of $177.00 during the session, with a 52-week range of $299.29 to $138.80. Shareholders recently approved a $44 billion pay package for CEO Elon Musk and voted on other significant corporate decisions.

Image via Shutterstock.

Prepare for the day’s trading with top premarket movers and news by Benzinga.

Read Next: Trump’s Birthday Speech On Tax Cuts, Immigrants Raises Eyebrows: ‘Our Country Has Never Been In Danger Like It Is In Danger Right Now’

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Continue Reading...

Popular

Elon Musk Says 'Lying On This Platform Doesn't Work Anymore' After Biden VP Kamala Harris Gets Community Noted On X After Posting About Trump

Elon Musk challenged Vice President Kamala Harris's claim about former President Trump's stance on a national abortion ban after her post on X was flagged by the Community Notes feature, asserting that Trump's position has been misrepresented.

These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of

In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.

Nagging Feeling That Something Is Off in America? - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

Mississippi Judge Upholds State Law Mandating Drug Discounts for Low-Income Patients

A Mississippi judge upheld a state law requiring drugmakers to offer discounts on medications through third-party pharmacies for low-income populations, rejecting lawsuits from PhRMA and Novartis.

This Is Where the World's Richest Men Are Putting Their Money - Ad

Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."

Apple Eyes New Growth With Extended Smartphone Replacement Cycle and Strategic Pricing: Analyst

Apple Inc (AAPL) shares up as Needham analyst maintains Buy rating and $220 price target. Channel checks suggest longer smartphone replacement cycle.

China Files 6X More Generative AI Patents Than US Despite Nvidia Chip Export Ban: UN Report

China has surged ahead in the global race for generative AI patents, according to a recent UN report, in the face of U.S. sanctions.

The 7th Trillion Dollar Company? - Ad

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate

Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.

Elon's Election Revenge on Biden - Ad

One man believes Elon Musk is set to launch a massive act of REVENGE against President Joe Biden's re-election campaign as soon as July 18th. It has nothing to do with AI... self-driving cars... rocket ships... or any other inventions that Elon gets press about. Instead, he believes that Elon will usher in an unexpected outcome in the 2024 presidential race.

Verizon, AT&T, And T-Mobile Set For Gains, Goldman Sachs Cites AI and Data Center Demand

Goldman Sachs analyst James Schneider initiates coverage on US Telecom Services and infrastructure sector, constructive on wireless carriers and data centers.

Ex-CIA Insider Exposes How Dems Could Rig the Election - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.

Google Makes Major Solar Move, Acquires Stake In Taiwan-Based New Green Power Owned By BlackRock

Alphabet Inc.'s subsidiary Google has purchased a stake in a Taiwanese solar power company. The deal, which involves New Green Power, a firm owned by BlackRock, could see Google procure up to 300 megawatts of renewable energy.

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Trump Is Raising Enough Money To Wipe Out Biden's Once Significant Cash Advantage

The campaign of former President Donald Trump has seen a significant increase in donations, surpassing that of President Joe Biden, following Trump's felony conviction.

Man Who Called Tesla at $37 Makes Next "Crazy" Call - Ad

The man who called Tesla when it was trading for $37 per share just made his next big call: "This might sound weird, but a tiny golf ball just like this......Holds the key to solving our energy crisis, and I believe it's the #1 investment opportunity of the decade."

Boeing Faces Sanctions From NTSB Over Unauthorized Release Of 737 MAX Investigation Details

The NTSB's action further strains the relationship between Boeing and government agencies, amid the planemaker's efforts to avoid criminal charges from the U.S. Department of Justice (DOJ) before a July 7 deadline.

Stocks Inch Up, Bonds Dip; Tesla And EVs Rally; Oil Tops $83: What's Driving Markets Monday?

It’s a mixed start to the week on Wall Street, with major large-cap indices slightly above the break-even point by midday trading in New York.

What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Assault on US avocado inspectors in Mexican state led to suspension of inspections

MEXICO CITY (AP) — Two employees of the U.S. Agriculture Department were assaulted and temporarily held by assailants in the Mexican state of Michoacan, prompting the U.S. government , the U.S. ambassador to Mexico said Tuesday.

Why Is Vaccine Maker Emergent BioSolutions Stock Trading Higher On Tuesday? (UPDATED)

Emergent BioSolutions has secured over $250 million in contract modifications from the ASPR at the U.S. Department of Health and Human Services. The funding ensures the supply of critical medical countermeasures, including Cyfendus for anthrax, ACAM2000 for smallpox, VIGIV for smallpox vaccine complications, and BAT for botulism.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Something BIG's About to Happen in America - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

Trump Vs. Biden: Latest Poll Results In Key State Of Virginia Spells Trouble For One Candidate And His Party

A recent poll shows a tie between President Joe Biden and former President Donald Trump in Virginia, a state that has been under Democratic control for the last two decades.

Could This New Project Top $1T? - Ad

This billionaire has predicted that his new venture - something I'm calling "X-9840" - could become "a trillion dollar company." Today, only three companies in the US are worth more than $2 trillion. Microsoft... Apple...and Nvidia. This has nothing to do with electric vehicles... Self-driving cars, rockets, brain chips, or satellites.

What's Going On With Taiwan Semi Stock On Wednesday?

Taiwan Semiconductor Industry to maintain global lead for 8-10 years, urged to ensure research security and develop grand strategy for changing supply chains.

Trump Media & Technology And Grindr Were Among The 10 Biggest Mid-Cap Stock Gainers Last Week (June 23 - June 29): Are These In Your Portfolio?

Top performers last week: Tempus AI +30%, Enovix Corp +29%, Grindr Inc +27.5%, Trump Media +18.33%, Credo Tech +18.3%, Tecnoglass Inc +17.9%, STAAR Surgical +16.55%, RXO Inc +16.22%, Global-E Online +16.21%, SentinelOne Inc +15.47%.

Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad

Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.

Fire at lithium battery factory in South Korea kills 1, leaves more than 20 missing

SEOUL, South Korea (AP) — A fire at a lithium battery manufacturing factory near South Korea's capital on Monday left one person dead, three injured and more than 20 others missing, officials said.

This week's televised debate is crucial for Biden and Trump — and for CNN as well

NEW YORK (AP) — Joe Biden and Donald Trump won't be alone at . Moderators Dana Bash and Jake Tapper of CNN will be on camera, too, and there's a lot on the line for their network as it fights for relevance in a changing media environment.

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service