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The Market Clubhouse Morning Memo for March 25th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on a proprietary formula. It offers detailed analysis for each asset, including potential bullish and bearish price targets. The memo also highlights the importance of monitoring market indicators and Federal Reserve speakers' remarks for the upcoming condensed four-day trading week, which marks the end of Q1 2024.

Portfolio Pulse from RIPS

March 25, 2024 | 4:07 pm

CART

Maplebear (NASDAQ:CART), also known as Instacart, has received diverse analyst ratings over the last three months, with a recent shift towards more bullish sentiments. The average 12-month price target has increased to $36.00, reflecting a 4.86% rise from the previous target. Analysts from firms like JP Morgan, Piper Sandler, and Bernstein have raised their price targets, indicating a positive outlook on the company's performance. Instacart's business model, market capitalization, and financial metrics such as revenue growth, net margin, ROE, and ROA are highlighted, showcasing its market position and financial health.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:07 pm

ABBV

AKAN

CYTO

FSR

LABP

NKTX

SINT

U.S. stocks traded lower with the Dow Jones, NASDAQ, and S&P 500 all seeing declines. Energy shares rose by 1%, while communication services fell by 0.5%. Sales of new single-family houses in the U.S. dropped slightly. Landos Biopharma's stock surged 170% after announcing AbbVie will acquire it. Nkarta and Altamira Therapeutics also saw significant gains, while Sintx Technologies, Akanda Corp., and Fisker Inc. experienced sharp declines.

Portfolio Pulse from Avi Kapoor

March 25, 2024 | 4:07 pm

SINT

SINTX Technologies Inc (NASDAQ:SINT) shares plummeted by 48.7% to $0.04 after announcing a $1.3 million public offering of common stock at $0.047 per share. The offering, managed by Maxim Group LLC, aims to raise funds for working capital and general corporate needs. The stock's 52-week range is from $0.04 to $2.47.

Portfolio Pulse from Henry Khederian

March 25, 2024 | 4:06 pm

GRWG

GrowGeneration Corp. announced a $6 million stock repurchase program, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 4:06 pm

AAPL

AMZN

GOOGL

MSFT

NVDA

Norway's sovereign wealth fund, Norges Bank Investment Management (NBIM), has significantly shifted its investment strategy towards technology stocks, known as the Magnificent Seven, over the past decade. Initially, in 2014, NBIM's top holdings included companies like Nestle SA, Novartis AG, Apple Inc, Royal Dutch Shell, and BlackRock Inc, reflecting a conservative investment approach. By 2024, the fund's top holdings have transitioned to major tech companies such as Apple, Microsoft Corporation, Alphabet Inc, Amazon.com Inc, and Nvidia Corporation, with these investments representing nearly 13% of its total $822 billion equity allocation. This shift indicates a move towards higher risk for potentially greater returns, amidst a backdrop of high-interest rates, geopolitical tensions, and tech sector optimism.

Portfolio Pulse from Neil Dennis

March 25, 2024 | 4:04 pm

BTCUSD

Glassnode's report highlights the significant role of Bitcoin ETFs in altering the traditional market dynamics surrounding the Bitcoin halving. The influx of institutional demand through ETFs is changing the supply-demand equilibrium, potentially diminishing the halving's bullish impact. ETFs are pulling Bitcoin out of circulation, adding complexity to market sentiment. The report suggests monitoring ETF activities and the behavior of long-term holders as crucial strategies for navigating the upcoming halving event.

Portfolio Pulse from Murtuza Merchant

March 25, 2024 | 2:18 pm

EPR

EPR Properties (NYSE:EPR), a real estate investment trust, was analyzed by 6 analysts, showing a mix of views but generally leaning towards indifference with 4 indifferent ratings. The average 12-month price target for EPR is now $49.83, up from $49.33, with individual analyst actions including both raises and lowers in ratings and price targets. The company's financial performance indicates challenges, with a decline in revenue growth, below-average net margin, ROE, and ROA, but a sound debt-to-equity ratio. EPR invests in experiential and education property segments, with the majority of revenue coming from the Experiential sector.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:00 pm

ABBV

AKAN

COOT

CYTO

EGOX

LABP

SINT

U.S. stocks traded lower with the Dow Jones, NASDAQ, and S&P 500 all seeing declines. Energy shares rose by 1.3%, while information technology shares fell by 0.7%. The Chicago Fed National Activity Index increased to 0.05 in February. Landos Biopharma's stock surged 170% after announcing its acquisition by AbbVie. Next.e.GO and Altamira Therapeutics also saw significant gains. Conversely, Sintx Technologies, Akanda Corp., and Australian Oilseeds Holdings experienced notable drops.

Portfolio Pulse from Avi Kapoor

March 25, 2024 | 1:42 pm

GWAV

Joseph Reda has reported a 9.119% passive stake in Greenwave Technology Solutions (GWAV) as of March 22, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 1:17 pm