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AMD

AMD shares are trading lower following the company's 'Advancing AI 2024' event.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 5:41 pm

MSFT

Goldman Sachs analyst Kash Rangan reiterates a Buy rating for Microsoft, citing Azure's potential growth driven by AI and increased capital expenditures. Despite lowering the price target from $515 to $500, Rangan sees Microsoft as a compelling investment opportunity due to its strong position in AI and cloud services.

Portfolio Pulse from Hayden Buckfire

October 10, 2024 | 5:38 pm

ABNB

AMZN

BABA

DASH

NCLH

PDD

TSLA

ULTA

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large transactions by 'whales' in stocks like TSLA, JD, BABA, AMZN, W, NCLH, PDD, ABNB, DASH, and ULTA. These activities can indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 5:35 pm

IMTX

Immatics N.V. (NASDAQ:IMTX) stock is trading lower due to a $150 million public offering. The company shared positive Phase 1b trial data for its IMA203 treatment in melanoma patients, showing improved survival rates and tumor reduction. A Phase 3 trial is set to begin in December 2024.

Portfolio Pulse from Vandana Singh

October 10, 2024 | 5:33 pm

PEGY

Pineapple Energy Inc. (NASDAQ:PEGY) shares are trading higher after its subsidiary, SUNation Energy, announced a partnership with Empire Automotive to provide complimentary Level 2 EV charging stations at Empire's dealerships. This initiative aims to simplify the EV buying process by offering local charging solutions.

Portfolio Pulse from Dylan Berman

October 10, 2024 | 5:17 pm

CTLT

LLY

NVO

Senator Elizabeth Warren has urged the FTC to investigate Novo Nordisk's proposed $16.5 billion acquisition of Catalent due to antitrust concerns. Critics fear the merger could increase Novo Nordisk's control over the GLP-1 market, potentially driving up prices and limiting competition. Novo Nordisk already holds a dominant market share with its drugs Ozempic and Wegovy. The acquisition could also impact Eli Lilly, a competitor in the GLP-1 market, as Catalent works with both companies.

Portfolio Pulse from Vandana Singh

October 10, 2024 | 5:12 pm

CELH

Celsius Holdings Inc (NASDAQ:CELH) shares are surging due to increased attention from retail traders, despite recent declines. The stock is trending on social media, with traders citing bullish indicators and high short interest. Options volume has spiked, indicating bets on a continued bounce. The stock hit 52-week lows due to market share declines and reduced orders from PepsiCo. Analysts have lowered price targets, and a recovery is not expected until mid-2025. Celsius is set to report earnings in November.

Portfolio Pulse from Adam Eckert

October 10, 2024 | 5:10 pm

IOT

NVDA

XLV

The CNBC Halftime Report highlighted final trades including NVIDIA, Samsara, and the SPDR Select Sector Fund - Health Care. These assets were discussed as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 5:02 pm

DIS

Walt Disney World is set to reopen on Friday, which could positively impact Disney's stock as it signals a return to normal operations and potential revenue recovery.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 4:58 pm

ACIC

GNRC

HCI

HRTG

MOS

Insurance stocks, including HCI Corp, American Coastal Insurance Corp, and Heritage Insurance Holdings, rebounded after Hurricane Milton's impact was less severe than expected. Mosaic Co also saw gains, while Generac Holdings Inc. traded lower.

Portfolio Pulse from Aaron Bry

October 10, 2024 | 4:54 pm