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NVDA

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Coca-Cola (KO) reached an all-time high, while Nvidia (NVDA) experienced a significant loss of $279 billion, marking its worst day ever. The article discusses portfolio strategies for high risk-adjusted returns, highlighting KO's smooth rise and NVDA's volatility. It also mentions the impact of macroeconomic factors like the ISM Manufacturing Index and carry trade concerns on the market.

Portfolio Pulse from The Arora Report

September 04, 2024 | 5:03 pm

CRWD

PANW

CrowdStrike is facing short-term challenges such as pipeline delays, deal scrutiny, and discounting pressure. Despite these issues, BofA Securities analyst Tal Liani maintains a Buy rating with a $365 price target, citing CrowdStrike's strong market position and growth potential. The company is addressing customer retention post-outage with various incentives, but the pricing environment is deteriorating, affecting near-term growth.

Portfolio Pulse from Anusuya Lahiri

September 04, 2024 | 4:49 pm

AMZN

Amazon's Alexa device mistakenly praised Kamala Harris while refusing to comment on Donald Trump. Amazon has addressed the issue, stating it was an error and has been fixed.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 4:41 pm

MULN

Mullen Automotive shares rose after announcing a $210 million contract with Volt Mobility for 3,000 electric vehicles. Revenue recognition starts in October 2024, with initial shipments already dispatched.

Portfolio Pulse from Nabaparna Bhattacharya

September 04, 2024 | 4:40 pm

DBO

OILK

USO

Goldman Sachs suggests AI could lower oil prices by improving logistics and resource allocation, potentially reducing costs and increasing recoverable resources. This could lead to a $5/bbl fall in oil prices, impacting producers' incomes.

Portfolio Pulse from Lekha Gupta

September 04, 2024 | 4:35 pm

AAPL

Apple's upcoming 'It's Glowtime' event on September 9 is generating buzz, with expectations for the iPhone 16, updated Apple Watches, and AirPods. Analysts have mixed views: Goldman Sachs is optimistic, citing potential surprises and long-term growth, while Piper Sandler is cautious, concerned about consumer spending and potential price increases.

Portfolio Pulse from Surbhi Jain

September 04, 2024 | 4:23 pm

CLOV

Clover Health's stock is rising after its subsidiary, Counterpart Health, secured a multi-year agreement with Iowa Clinic to use its AI-driven solution, Counterpart Assistant, for Medicare patients. This deal is expected to enhance clinical and financial outcomes.

Portfolio Pulse from Dylan Berman

September 04, 2024 | 4:23 pm

WKEY

WISeKey's subsidiary WISeSAT.Space has formed a strategic alliance with Global Radio Systems to develop advanced cyber-secure radio communications for critical environments. This partnership aims to enhance connectivity in areas such as emergencies, security, and defense.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 4:21 pm

MARA

Marathon Digital Holdings reported a 3% decrease in Bitcoin production for August, while its hash rate increased by 11%. The company plans to continue expanding its mining operations and aims to reach a hash rate of 50 EH/s by the end of 2024. Despite the production drop, Marathon did not sell any Bitcoin, maintaining its holdings at 25,945 BTC.

Portfolio Pulse from Adam Eckert

September 04, 2024 | 4:21 pm

PBM

Psyence Biomedical (NASDAQ:PBM) shares dropped 28.6% to $0.25 after announcing an exclusive licensing agreement with PsyLabs for psilocybin use in clinical trials. The company plans to focus on alcohol use disorder and a Phase IIb trial for Adjustment Disorder in cancer patients. PBM has lost 90.13% YTD, underperforming its historical averages.

Portfolio Pulse from Henry Khederian

September 04, 2024 | 4:21 pm