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NVDA

Nvidia is set to launch its next-gen Blackwell GPU platform, which supports over 100 system configurations, significantly more than its predecessor. JPMorgan analyst Harlan Sur highlights Nvidia's strong position in AI and accelerated compute spending, projecting sustained growth into 2025. Despite initial yield issues, Nvidia is poised for a strong fiscal fourth quarter.

Portfolio Pulse from Surbhi Jain

October 02, 2024 | 7:17 pm

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) shares have risen 12% over the past week due to successful spacecraft developments and launches, strategic collaborations, and increased social media attention. Keybanc raised its price target for Rocket Lab from $8 to $11, maintaining an Overweight rating.

Portfolio Pulse from Vaishali Prayag

October 02, 2024 | 7:14 pm

DIA

GLD

ITA

PPA

QQQ

SPY

USO

XAR

The geopolitical tensions between Israel and Iran have led to a risk-off sentiment in the markets, with concerns about oil supply disruptions. Major stock indices have slightly declined, while defense and oil-related ETFs have seen gains. The situation could impact inflation and central bank policies.

Portfolio Pulse from Anthony Noto

October 02, 2024 | 6:55 pm

MDXXF

PharmAla Biotech Holdings Inc. (OTC:MDXXF) will supply MDMA for a clinical trial at Harvard's Maclean Hospital, marking a significant step in its expansion in the U.S. MDMA research sector. The company is also seeking European distribution partners at the CPHI conference in Milan.

Portfolio Pulse from Juan Spínelli

October 02, 2024 | 6:52 pm

MCD

TSLA

Elon Musk's playful engagement with Dogecoin continues as he revives his promise to eat a McDonald's Happy Meal if the fast-food chain adopts Dogecoin. Meanwhile, Musk is being considered for a potential government role in a proposed 'Department of Government Efficiency,' humorously dubbed 'DOGE.' This has led to a surge in Dogecoin's price and trading volume.

Portfolio Pulse from Murtuza Merchant

October 02, 2024 | 6:26 pm

AZO

DHI

LEN

ORLY

STZ

The International Longshoremen's Association strike could lead to supply constraints and price increases in the food and beverage, automotive, and construction sectors. Companies like Constellation Brands, AutoZone, O'Reilly Automotive, DR Horton, and Lennar may face operational disruptions.

Portfolio Pulse from Aaron Bry

October 02, 2024 | 6:15 pm

LLY

NVO

TNDM

RBC Capital Markets initiated coverage on Tandem Diabetes Care, Inc. (NASDAQ:TNDM) with an Outperform rating and a $65 price target. Despite the rise of GLP-1 drugs, the demand for Tandem's insulin pumps is expected to grow, driven by market expansion and product innovation. RBC projects profitability and positive EBITDA margins for Tandem by 2024.

Portfolio Pulse from Vandana Singh

October 02, 2024 | 6:11 pm

MVPA

OCTA

TTE

TotalEnergies SE (NYSE:TTE) shares rose after announcing a strategic expansion in LNG and renewables, alongside a significant share buyback plan. The company aims for 3% annual growth in oil & gas production and 4% in global energy production through 2030, with substantial investments in low-carbon energies.

Portfolio Pulse from Lekha Gupta

October 02, 2024 | 5:52 pm

BABA

DASH

DECK

GOTU

LCID

PDD

TSLA

WOOF

WYNN

XPEV

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable movements include bearish sentiment for TSLA and GOTU, bullish sentiment for BABA, PDD, and WOOF, and mixed sentiments for others.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:35 pm

ADSK

AMD

APPN

CRM

INTC

MSFT

MSTR

NVDA

TSM

The article highlights unusual options activity in the Information Technology sector, focusing on large trades by 'whales' that could indicate potential trading opportunities. Notable stocks with significant options activity include NVDA, AMD, MU, TSM, MSFT, CRM, INTC, MSTR, APPN, and ADSK, with varying sentiments ranging from bearish to bullish.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:35 pm