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C

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Scion Asset Management, LLC's latest 13F filing reveals increased stakes in several companies, including HCA Healthcare, Oracle, Citigroup, CVS Health Corp, Alphabet, Amazon.com, Advance Auto Parts, Vital Energy, Block, and Bruker. The adjustments range from 20,000 to 100,000 additional shares, indicating a bullish stance on these stocks.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 8:05 pm

LDOS

Leidos Holdings (NYSE:LDOS) has received diverse analyst ratings over the past quarter, with a recent shift towards more bullish sentiments. The average 12-month price target for LDOS has been raised to $131.4, indicating a 9.05% increase from the previous target. Analysts from Wells Fargo, Baird, RBC Capital, Truist Securities, and Argus Research have all adjusted their ratings and price targets, reflecting optimism about the company's performance. Despite this, LDOS faces challenges with a net margin of -10.18% and a high debt-to-equity ratio of 1.26.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 8:01 pm

QRTEA

Scion Asset Management, LLC has disclosed a new position of 600,000 shares in Qurate Retail (QRTEA) according to its latest 13F filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 7:41 pm

DIS

Nelson Peltz, CEO of Trian Partners and Disney's largest shareholder, criticizes Disney's management and recent announcements, claiming they lack substance. Despite Disney's efforts to improve shareholder value through dividends and a share repurchase program, Peltz remains unimpressed, highlighting the company's underperformance compared to the S&P 500 and questioning the long-term viability of their financial strategies. Peltz has nominated two directors for Disney's 2024 annual meeting as part of an ongoing proxy battle, advocating for a refreshed board and strategic changes to enhance shareholder value.

Portfolio Pulse from Adam Eckert

February 14, 2024 | 7:37 pm

AZTR

ENGN

HCSG

LYFT

OMH

QDEL

U.S. stocks showed mixed performance with the Dow, Nasdaq, and S&P 500 all posting gains, while consumer staples shares fell. enGene Holdings, Lyft, and Healthcare Services Group saw significant stock price increases following positive developments. Conversely, Azitra, QuidelOrtho, and Ohmyhome experienced substantial declines due to financial results and public offerings. Crude oil inventories surged unexpectedly, impacting commodity markets.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 7:32 pm

AMD

INTC

NVDA

Intel Corp (NASDAQ:INTC) is experiencing a stock price increase due to its plans to raise at least $2 billion in equity for a semiconductor plant in Ireland. This follows a partnership with Brookfield Infrastructure Partners for manufacturing expansion in Arizona and comes amidst Intel's efforts to compete in the AI market, notably against Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD). Intel's stock rose over 53% last year, with plans to launch the Gaudi 3 AI accelerator in 2024.

Portfolio Pulse from Anusuya Lahiri

February 14, 2024 | 6:47 pm

ZKH

Tiger Global Management, LLC has reported a 6.5% passive stake in ZKH Group Ltd as of December 31, 2023, according to a SEC filing.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:23 pm

AMZN

CFLT

COIN

GOOGL

JD

META

MSFT

NVDA

Tiger Global Management LLC has made significant adjustments to its portfolio, including reducing its share stakes in Alphabet Inc, Meta Platforms Inc, Nvidia Corporation, Microsoft Corp, and JD.com Inc, while increasing its stake in Amazon. Additionally, Tiger Global has completely dissolved its share stakes in Coinbase Global and Confluent.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:18 pm

AVGO

DASH

KKR

PTON

UBER

Tiger Global Management LLC has made significant changes to its investment portfolio as of December 31, 2023, compared to the previous quarter. The firm reduced its stake in Uber Technologies Inc by 40.6% to 3.05 million shares and dissolved its stakes in KKR & Co and Peloton Interactive. Additionally, Tiger Global took a new position in Broadcom with 182,300 common shares and increased its stake in DoorDash by 79.1% to 2.2 million Class A shares.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:16 pm

BABA

TSM

Tiger Global Management LLC has dissolved its share stake in Alibaba Group and increased its share stake in Taiwan Semiconductor Manufacturing (TSM) by 47.7% to 3.04 million Sponsored ADS, as of December 31, 2023, compared with the previous quarter ended September 30, 2023, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:13 pm