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DASH

Recent options trading activity indicates a bullish sentiment among wealthy investors towards DoorDash (NASDAQ:DASH), with 66% of trades being bullish. The predicted price range for DASH is between $100 and $130. The stock is currently trading at $132.23, up by 1.57%, and may be approaching overbought territory. An analyst from Cantor Fitzgerald downgraded the stock to Overweight with a price target of $160.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 2:52 pm

BUYZ

IYT

UBER

Uber's stock surged as the company announced an expanded partnership with Waymo to introduce autonomous ride-hailing in Austin and Atlanta by 2025. Uber will manage Waymo's fleet of autonomous vehicles, enhancing its service offerings. The stock has gained over 41% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2024 | 2:51 pm

GOGO

Bleecker Street Research suggests that developments in Starlink Aviation could negatively impact Gogo Inc. ($GOGO), despite not directly infringing on its business.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:44 pm

TM

Toyota Chairman Akio Toyoda is set to visit Hyundai in South Korea for a strategic meeting, potentially leading to a new EV partnership. The meeting will explore collaboration on EVs, hybrids, hydrogen vehicles, and other emerging technologies.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:41 pm

ATPC

Agape ATP Corporation (NASDAQ:ATPC) shares surged 84.1% after announcing a strategic collaboration with Xiamen Photons Solar Technology to develop solar photovoltaic mounting systems in Malaysia and ASEAN countries. This partnership aligns with ASEAN's renewable energy goals.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2024 | 2:33 pm

BITF

Bitfarms has entered a hosting agreement with Stronghold Digital Mining to deploy 10,000 Bitmain T21 miners at the Panther Creek site, aiming to bring 2.2 EH/s online by October 2024. The company reaffirms its 2024 and 2025 guidance of 21 EH/s and 35+ EH/s.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:25 pm

DIS

FUBO

VERS

WBD

FuboTV's lawsuit against Disney, Fox, and Warner Bros. over a new sports-streaming service is set for trial in October 2025. The trial could delay the launch of the service, Venu Sports, which was planned for August 2023. The lawsuit is part of broader legal disputes over sports streaming rights.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2024 | 2:18 pm

COHR

Coherent shares rise following a $2.45 million contract award for Phase 3 of its IARPA resilience program, focusing on high-energy rechargeable lithium-sulfur batteries.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:16 pm

PDD

Temu, a company potentially linked to PDD Holdings, states that its growth is not reliant on the de minimis policy, despite the Biden administration's move to curb low-value shipments. Temu is reviewing new rule proposals and remains committed to consumer value.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:09 pm

CCCC

C4 Therapeutics presented promising Phase 1 trial data for CFT1946, a treatment for BRAF V600 mutant solid tumors, at the ESMO Congress 2024. The drug showed good tolerance, no dose-limiting toxicities, and early anti-tumor activity, with further data expected in 2025.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:05 pm