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AAPL

Apple's upcoming iPhone 16 event, the Glowtime event, is anticipated to potentially boost Apple's stock, according to Bank of America analyst Wamsi Mohan. Mohan maintains a Buy rating and a $256 price target for Apple, suggesting that the event could mark the start of a new software-driven iPhone upgrade cycle. The stock, which is up 20% year-to-date, could rise if Apple demonstrates compelling features or raises prices.

Portfolio Pulse from Chris Katje

September 05, 2024 | 5:43 pm

META

NVDA

BofA Securities analyst Vivek Arya maintains a Buy rating on Nvidia (NVDA) with a $165 price target, citing robust growth opportunities despite headwinds. Nvidia remains a top sector pick, with potential enhanced Buy opportunities due to valuation and upcoming product shipments.

Portfolio Pulse from Anusuya Lahiri

September 05, 2024 | 5:42 pm

AMZN

CPRI

CVNA

GM

HD

JD

PDD

ROST

TSLA

ULTA

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like TSLA, CVNA, AMZN, ROST, HD, PDD, JD, CPRI, GM, and ULTA. These activities can indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 5:35 pm

AAPL

AVGO

MSFT

NVDA

TSM

The article highlights significant options activity in the Information Technology sector, with notable trades involving companies like NVDA, AAPL, MSFT, and others. These trades, identified by Benzinga's options activity scanner, indicate potential bullish or bearish sentiments based on the type of options and their trading volumes.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 5:35 pm

GOOGL

Analysts have re-rated Alphabet Inc (NASDAQ:GOOGL), with Cantor Fitzgerald giving a Neutral rating and Wedbush an Outperform rating. Despite strong core Search revenue growth, regulatory risks and AI uncertainties pose challenges. The upcoming antitrust trial and potential divestiture of Google Ad Manager are key concerns.

Portfolio Pulse from Anusuya Lahiri

September 05, 2024 | 5:34 pm

KO

PEP

PepsiCo Inc. (NASDAQ:PEP) has formed a bullish Golden Cross pattern, indicating potential upward momentum. Despite lagging the S&P 500, PepsiCo's technical indicators suggest a possible rally. The stock offers a 3.04% dividend yield and stability, making it attractive to long-term investors.

Portfolio Pulse from Surbhi Jain

September 05, 2024 | 5:25 pm

ARGT

EWZ

STLA

Stellantis plans to launch two hybrid-flex vehicles in Brazil this year and announces a $385 million investment in its Argentinian complex in Cordoba.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:25 pm

AMGN

LLY

NVO

PFE

VKTX

Criminals are distributing fake versions of the weight-loss drug Ozempic, made by Novo Nordisk, by forging batch numbers. This has led to a decline in stock prices for major pharmaceutical companies involved in the weight-loss drug market.

Portfolio Pulse from Michael Juliano

September 05, 2024 | 5:17 pm

FXI

SPY

The U.S. has imposed new export restrictions targeting China's quantum computing and semiconductor sectors. These measures aim to curb China's technological advancements in these critical areas.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:10 pm

E

HAP

PWER

SHEL

Shell PLC and ENI S.p.A. have led a funding round for Mantel Capture, a start-up developing a cost-effective carbon capture technology using molten salts. The $30 million funding will help Mantel build a demonstration project. Shell is cautiously optimistic about the technology's potential.

Portfolio Pulse from Lekha Gupta

September 05, 2024 | 5:10 pm