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Analyst Ratings

BIOR

RANI

Early-stage drug delivery companies are developing 'robot pills' that could transform the pharmaceutical industry. Companies like Rani Therapeutics (NASDAQ:RANI) and Biora Therapeutics (NASDAQ:BIOR) are leading in this area. Despite a 36% decline in Rani's share price in 2023, Canaccord Genuity analyst Edward Nash rates Rani shares a buy, with a $26 price target, implying a 568% upside. Biora, valued at $41 million, has an average price target of $34, over 1,000% above its closing price.

Portfolio Pulse from Benzinga Neuro

September 04, 2023 | 9:17 am

GSK

ROIV

Vivek Ramaswamy, founder of Roivant Sciences Ltd. (NASDAQ:ROIV), and Warren Buffett share similarities in their investment strategies and views on social issues. Ramaswamy once aspired to make Roivant the 'Berkshire Hathaway' of drug development. Roivant bought an Alzheimer's drug candidate from GlaxoSmithKline (NYSE:GSK) in 2015, which was later shelved after unsuccessful clinical trials. Both Ramaswamy and Buffett are critical of companies and investment managers pursuing social agendas at the expense of their fiduciary duties.

Portfolio Pulse from Shanthi Rexaline

September 04, 2023 | 6:39 am

AMC

BRK-A

DIS

MAT

NFLX

Russia's Deputy Culture Minister criticized the movies 'Barbie' and 'Oppenheimer' for not aligning with traditional Russian values. Mattel (NASDAQ:MAT), the owner of Barbie, was also criticized by conservative commentator Ben Shapiro. Berkshire Hathaway (NYSE: BRK-A) was mentioned in relation to the late Jimmy Buffett, who owned shares in the company. AMC Entertainment Holdings Inc (NYSE:AMC) was discussed in the context of a weak 2024 slate due to ongoing Hollywood strikes. Walt Disney Co. (NYSE:DIS) and Netflix (NASDAQ:NFLX) were also mentioned in the entertainment news roundup.

Portfolio Pulse from Anthony Noto

September 04, 2023 | 4:45 am

TSLA

Tesla's recent price cuts have sparked debate among investors. While some see it as a sign of waning demand and a threat to profitability, venture capitalist Chamath Palihapitiya views it as a strategy to maximize market demand. Wealth manager Ram Ahluwalia, however, sees the price cuts as bearish, indicating less revenue, earnings, and margin.

Portfolio Pulse from Shanthi Rexaline

September 04, 2023 | 3:45 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin exhibited mixed trading performance as traders evaluated the latest U.S. jobs report. The U.S. nonfarm payrolls report revealed an increase in the unemployment rate and a slower increase in average hourly earnings. Crypto analyst Michael Van De Poppe noted promising momentum for Altcoins, while analyst Rekt Capital warned of the risk of Bitcoin breaking down from a bearish double top pattern. Crypto Tony predicted that Altcoins will lay dormant before exploding 200x in the upcoming bull run.

Portfolio Pulse from Mehab Qureshi

September 04, 2023 | 2:50 am

TSM

GOP presidential candidate Vivek Ramaswamy emphasized the importance of preventing China from monopolizing the global semiconductor supply chain, highlighting Taiwan's strategic significance. He stressed the U.S.'s dependency on semiconductors produced in Taiwan and the potential risks associated with China gaining control over this crucial supply chain. Taiwan is home to Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), which accounts for 92% of the world’s advanced chip manufacturing capacity.

Portfolio Pulse from Benzinga Neuro

September 04, 2023 | 12:59 am

BTCUSD

Crypto analyst Rekt Capital has warned that Bitcoin (BTC) is nearing a bearish double-top pattern, similar to the one seen before its collapse in late 2021. The analyst predicts that Bitcoin will experience a rebound before undergoing a significant corrective decline, nearing the $20,000 price range. At the time of writing, Bitcoin was trading at $25,918.93, down by one percent in the last seven days.

Portfolio Pulse from Bibhu Pattnaik

September 03, 2023 | 4:14 pm

TIP

Economist David Rosenberg has warned of a potential recession, citing the biggest interest rate shock since 1981 and a structural slowdown in China. He also noted that Germany is on the brink of another recession. Despite these signals, inflation remains high, with the Federal Reserve maintaining a 'higher-for-longer' rate scenario. The iShares TIPS Bond ETF (TIP) ended down 0.52% at $105.20.

Portfolio Pulse from Shanthi Rexaline

September 03, 2023 | 3:37 pm

ACHR

ARKQ

STLA

In an interview with Benzinga’s CEO, Ark Invest founder Cathie Wood expressed optimism about the electric vertical takeoff and landing (eVTOL) industry, particularly air taxis. She highlighted Ark's $50 million position in Archer Aviation Inc (ACHR), a leader in the eVTOL space. Wood also mentioned Archer's recent patent lawsuit settlement with Boeing (BA) and its partnership with Stellantis NV (STLA).

Portfolio Pulse from AJ Fabino

September 03, 2023 | 12:44 pm

ALGM

CTLT

DELL

GSAT

TSLA

Barron's has highlighted several stocks in its weekend review. Globalstar Satellites (GSAT) is expected to perform well under the new leadership of former Qualcomm CEO, Paul Jacobs. Allegro MicroSystems (ALGM) is cautioned due to its high demand from automakers. Catalent (CTLT) has seen a boost after settling with Elliot Management and agreeing to a strategic review. Tesla's (TSLA) stock is tumbling as the market processes the implications of the new Model 3 on the company's sales growth and market share in China. Dell (DELL) is expected to benefit from the growth in artificial intelligence.

Portfolio Pulse from Justin Chan

September 02, 2023 | 4:34 pm