7 Stocks To Watch For June 3, 2016


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Some of the stocks that may grab investor focus today are:Broadcom Ltd (NASDAQ: AVGO) reported stronger-than-expected earnings for its second quarter on Thursday. The company also announced quarterly interim dividend of $0.50 per share. Broadcom shares surged 7.15 percent to $165.98 in the after-hours trading session.Ambarella Inc (NASDAQ: AMBA) posted better-than-expected results for its second quarter and announced a $75 million buyback plan. Ambarella shares climbed 8.90 percent to $46.26 in the after-hours trading session.Bazaarvoice Inc (NASDAQ: BV) reported a narrower-than-expected loss for its fourth quarter on Thursday. Bazaarvoice shares jumped 8.48 percent to $4.22 in the after-hours trading session.Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.Gap Inc (NYSE: GPS) reported a 6 percent drop in its same-store sales for May, versus a 1 percent decline in the 2015 four-week period. Its total revenue for the four-week period ended May 28, 2016 was down 5 percent to $1.18 billion. Gap shares surged 4.69 percent to $19.18 in the after-hours trading session.Five Below Inc (NASDAQ: FIVE) reported upbeat results for its first quarter on Thursday. Five Below shares gained 1.84 percent to $43.64 in the after-hours trading session.The First Marblehead Corporation (NYSE: FMD) agreed to be acquired by FP Resources USA for $5.05 per share. First Marblehead shares jumped 14.99 percent to $4.45 in the after-hours trading session.Zumiez Inc. (NASDAQ: ZUMZ) reported a narrower-than-expected loss for its first quarter, but issued a weak forecast for the current quarter. The company's comparable sales for the thirteen weeks ended April 30, 2016 dropped 7.5 percent, versus a 3.0 percent growth in the year-ago period.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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