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BIDU

JD

Jim Cramer speculates on China's proposed stock stabilization fund, which may invest in Baidu and JD.com. The fund aims to support Chinese stocks with a $113 billion injection. Baidu and JD.com are seen as attractive options due to their recent performance, despite current selling pressure.

Portfolio Pulse from Surbhi Jain

October 01, 2024 | 4:00 pm

DHR

Danaher Corp (NYSE:DHR) is expected to have a gradual recovery in 2025, with high-single-digit growth in the long term, according to Stifel analyst Jacob Johnson. The company, now a pure-play life sciences tools company, has faced recent headwinds but is poised for a good year in bioprocessing.

Portfolio Pulse from Priya Nigam

October 01, 2024 | 3:58 pm

RTX

RTX Corporation shares are trading higher due to geopolitical tensions and new defense contracts. Reports of an imminent Iranian missile strike on Israel have increased U.S. military presence in the region. RTX's subsidiaries secured significant contracts, boosting investor confidence.

Portfolio Pulse from Vaishali Prayag

October 01, 2024 | 3:58 pm

APA

APA shares are trading higher following the company's announcement of a final investment decision for the first oil development in Block 58, offshore Suriname.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:55 pm

ENPH

FSLR

SEDG

TAN

Elon Musk's recent tweet on the future dominance of solar power has sparked excitement in the solar sector. U.S. trade officials are considering tariffs on solar panels from Southeast Asia, which could impact companies like First Solar. Meanwhile, Enphase and SolarEdge are poised for growth due to tax incentives and a positive U.S. market outlook.

Portfolio Pulse from Surbhi Jain

October 01, 2024 | 3:52 pm

LMT

Lockheed Martin shares are trading higher due to increased geopolitical tensions in the Middle East, specifically related to potential conflict involving Iran and Israel. The U.S. is increasing its military presence in the region, which benefits defense companies like Lockheed Martin. Additionally, Lockheed Martin is set to release its Q3 2024 earnings on October 23, with expected EPS of $6.46 and revenue of $17.402 billion.

Portfolio Pulse from Vaishali Prayag

October 01, 2024 | 3:44 pm

BMY

IGMS

IGM Biosciences (NASDAQ:IGMS) is shifting its focus from cancer to autoimmune diseases, appointing a new CEO, and reducing oncology spending. The company aims to extend its cash runway into 2027.

Portfolio Pulse from Vandana Singh

October 01, 2024 | 3:40 pm

ABBV

The European Medicines Agency announced that the European Commission has withdrawn the marketing authorization for Exviera in the EU. This decision was made at the request of AbbVie Deutschland GmbH & Co. KG, the marketing authorization holder, due to commercial reasons.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:40 pm

MSTR

MicroStrategy's stock is trading lower due to a decline in Bitcoin and broader market instability linked to Middle East tensions. The company holds a significant amount of Bitcoin, influencing its stock price. Despite the drop, analysts have a positive outlook on MicroStrategy's stock, with recent updates to its AI/BI platform potentially boosting its value.

Portfolio Pulse from Erica Kollmann

October 01, 2024 | 3:37 pm

TM

Toyota Motor North America reported a 20.3% decrease in U.S. vehicle sales for September, totaling 162,595 vehicles. However, their U.S. electric vehicle (EV) sales increased by 22.4%, reaching 78,683 vehicles.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:36 pm