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PDD

Whales have shown a mixed sentiment on PDD Holdings (NASDAQ:PDD), with a bearish stance overall. Benzinga's options scanner revealed 42 uncommon options trades, indicating a split sentiment of 42% bullish and 57% bearish. The trades suggest a target price range of $100.0 to $165.0 for PDD Holdings. The largest options trades include both bullish and bearish sentiments, with significant amounts invested. PDD Holdings is a multinational commerce group, currently up by 1.93% at $126.13, with its next earnings report due in 2 days. Analysts have mixed opinions, with an average target price of $146.5.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 2:01 pm

WELL

Over the past 15 years, Welltower (NYSE:WELL) has produced an average annual return of 18.29%, outperforming the market by 5.14% on an annualized basis. A $1000 investment in WELL 15 years ago would be worth $11,881.48 today. Welltower's market capitalization currently stands at $52.19 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 2:00 pm

Morgan Stanley (NYSE:MS) has outperformed the market over the past 5 years, producing an average annual return of 16.13%, with a current market capitalization of $144.53 billion. A $100 investment in MS stock 5 years ago would be worth $204.27 today.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 2:00 pm

FSR

Fisker Inc. announced it has secured $150 million in financing but will pause production for six weeks, leading to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 1:51 pm

BTCUSD

CFXUSD

ETHUSD

Bitcoin (BTC) surpassed the $68,000 mark, while Ethereum (ETH) also saw gains but remained below $3,600. dogwifhat (WIF) emerged as the top gainer with a 24.2% increase, and Conflux (CFX) was the biggest loser. The global crypto market cap increased by 1.7% to $2.58 trillion.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 1:34 pm

SOLUSD

The founder of the Slerf meme coin project accidentally destroyed 150,000 Solana (SOL) tokens, worth about $10 million, intended for an airdrop. This mistake occurred during an attempt to burn the project's liquidity pool using Solana tools and then switching to a different platform, leading to the accidental inclusion of the airdrop tokens in the burn transaction. The crypto community reacted with shock, humor, and skepticism, and the future of the Slerf project remains uncertain. The incident has sparked discussions about the potential for legal repercussions and the project's ability to refund pre-sale participants.

Portfolio Pulse from Murtuza Merchant

March 18, 2024 | 1:24 pm

AAPL

BYDDF

NVDA

QCOM

TSLA

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin surged amid selling pressure. Apple unveiled a new AI with 30B parameters. US markets saw Logitech and B. Riley Financial moving lower. Nvidia and Qualcomm introduced new technologies, while Apple discussed licensing AI models with Google. Tesla and BYD made headlines in the EV market. Walmart and Best Buy engaged in a price war on Apple's MacBook Air. Boeing faced financial and safety scrutiny. Warren Buffett and Dave Ramsey expressed skepticism towards Bitcoin.

Portfolio Pulse from Akanksha Bakshi

March 18, 2024 | 1:05 pm

ARLO

MSTR

SOUN

VERI

As of March 18, 2024, four tech stocks: Veritone, Inc. (VERI), SoundHound AI, Inc. (SOUN), MicroStrategy Incorporated (MSTR), and Arlo Technologies, Inc. (ARLO) are considered overbought with RSI values above 70, indicating potential short-term performance concerns. VERI and ARLO reported better-than-expected Q4 results, while SOUN reported weaker results. MSTR announced a convertible senior notes offering.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 12:23 pm

CEG

Constellation (NASDAQ:CEG) has issued the first corporate green bond in the U.S. for $900 million with a 30-year term to finance nuclear energy projects. This initiative underscores the role of nuclear energy in achieving sustainability goals and marks a significant step in green financing. The bond will fund investments in maintenance, expansion, and life extensions of nuclear power generation. Crédit Agricole CIB served as the Green Structuring agent for this offering, which aligns with the Green Bond Principles and Green Loan Principles.

Portfolio Pulse from Happy Mohamed

March 18, 2024 | 12:22 pm

FSR

Fisker Inc. has announced that it has received a financing commitment of up to $150 million. This financial backing is expected to support the company's operations and future projects.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 12:21 pm