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Assets

AMAT

Over the past 20 years, Applied Materials (NASDAQ:AMAT) has outperformed the market with an annualized return of 11.8%, turning a $100 investment into $946.53. The company's market capitalization stands at $171.32 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:00 pm

MAMO

Massimo Group (NASDAQ:MAMO) is set to IPO on April 2, offering shares between $4.00 and $5.00 with a 180-day insider lock-up period ending on September 29, 2024. The company specializes in manufacturing and selling UTVs, ATVs, and Pontoon Boats.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:00 pm

BCHUSD

Bitcoin Cash (BCH) has seen a significant increase of 6.91% in the last 24 hours, reaching $641.93, with a weekly surge of over 30% from $499.12. The coin's all-time high is $3,785.82. Trading volume and circulating supply have also risen, with the market cap ranking at #14, valued at $12.68 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:00 pm

AMD

BIDU

NVDA

China criticized the U.S. for tightening semiconductor export regulations, impacting Nvidia Corp (NVDA) and Advanced Micro Devices, Inc (AMD). The Biden administration's recent rules aim to restrict China's access to U.S. AI chips and chipmaking tools, part of a strategy to limit Beijing's chip manufacturing capabilities over national security concerns. This has led to increased tension between the two nations and instability in the global semiconductor sector. In response, China has seen a significant rise in chipmaking machine imports and initiated a $40 billion state fund to bolster its chip sector. Additionally, Nvidia lost a crucial AI chip order from Baidu Inc (BIDU) to Huawei Technologies due to U.S. sanctions.

Portfolio Pulse from Anusuya Lahiri

April 01, 2024 | 2:59 pm

GOOG

GOOGL

Gmail, a product of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), celebrates its 20th anniversary. Launched as a response to a user complaint, it now serves over 1.5 billion users. The article also highlights the significant return on investment if $1,000 had been invested in Google stock when it went public in 2004, showing a 5,911% increase to $60,107 today, compared to lesser gains in Nasdaq and S&P 500 index funds over the same period.

Portfolio Pulse from Rounak Jain

April 01, 2024 | 2:53 pm

GLD

Gold prices are on the rise due to expectations of interest rate cuts.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:48 pm

SNAP

Deep-pocketed investors have shown a bullish sentiment towards Snap Inc. (NYSE:SNAP), with a significant surge in options activity reported by Benzinga. The activity includes 10 notable options trades, with 60% being bullish and 40% bearish, targeting a price range of $9.0 to $17.0 for SNAP over the next three months. The largest trades include both puts and calls, with the most significant being a bearish put for a strike price of $15.00. Snap, known for its social networking app Snapchat, has over 400 million daily active users and generates most of its revenue from advertising. The current market standing of SNAP shows a slight decrease in price, with an RSI indicating a neutral position and an earnings announcement expected in 24 days.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 2:46 pm

INTC

High-rolling investors have shown a bullish sentiment on Intel (NASDAQ:INTC), with options data revealing a significant interest in the stock. Benzinga's tracking spotted 25 options trades, with a majority being bullish. The trades suggest a price target range for Intel between $37.5 and $55.0. Intel's current market performance shows a slight increase in stock price, with analysts giving an average target price of $48.67. The company is a leading chipmaker, expanding into new markets while maintaining its core microprocessor business.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 2:46 pm

SAVE

Spirit Airlines Inc (NYSE:SAVE) shares surged after the company announced an agreement with International Aero Engines, providing Spirit with a monthly credit through 2024 due to GTF engine issues. This compensation is in response to the need for accelerated inspection and potential replacement of certain engine parts, identified by Pratt & Whitney last year. The financial impact of this agreement on Spirit's liquidity is estimated to be between $150 million and $200 million.

Portfolio Pulse from Adam Eckert

April 01, 2024 | 2:41 pm

TMO

Thermo Fisher Scientific (NYSE:TMO) has delivered an average annual return of 15.79% over the past 5 years, outperforming the market by 3.13% annually. A $100 investment in TMO 5 years ago would be worth $209.25 today. The company's current market capitalization stands at $219.46 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 2:31 pm