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RKLB

Rocket Lab has announced the successful launch of its 45th Electron mission, marking another milestone in its operations. This event underscores the company's growing capabilities in the space launch sector and its commitment to increasing the frequency and reliability of its missions.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 5:11 pm

AAPL

AMD

AMZN

GOOG

GOOGL

META

MSFT

NVDA

Apple Inc (AAPL) is nearing a Death Cross on technical charts, indicating a potential downturn. Despite a 10% YTD drop, it's seen as offering more value compared to its Magnificent 7 peers and as part of GOMAAM, which includes Alphabet (GOOG/GOOGL), Meta Platforms (META), Amazon (AMZN), and Microsoft (MSFT). Redditors favor AAPL over NVIDIA (NVDA) and AMD for AI hardware investments.

Portfolio Pulse from Surbhi Jain

March 12, 2024 | 5:07 pm

CELH

Celsius Holdings (NASDAQ:CELH) has seen significant options trading activity, with a bullish sentiment from the majority of investors. Analysis of 25 trades shows 60% bullish and 40% bearish expectations. The trading volume and open interest suggest a price target range of $55.0 to $130.0. Celsius Holdings, known for its energy drinks, has a 20-year distribution agreement with PepsiCo. The stock is currently up 1.86% at $86.9, potentially overbought. Analysts have mixed target prices, ranging from $67 to $95, with an average of $83.4.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 5:00 pm

GTES

Goldman Sachs has maintained its Neutral rating on Gates Industrial Corp (NYSE:GTES) but raised its price target from $14.00 to $16.00. Currently, GTES shares are trading at $16.47, indicating a potential downside according to Goldman Sachs' target. Gates Industrial Corp is a manufacturer specializing in engineered power transmission and fluid power solutions, with its primary revenue coming from the Power Transmission segment.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 5:00 pm

LXEO

RBC Capital has maintained its Outperform rating for Lexeo Therapeutics (NASDAQ:LXEO) and increased its price target from $22.00 to $24.00. Lexeo's shares have risen 7.11% in the last 24 hours to $15.52. The new price target suggests a potential 54.64% increase from the current price. Lexeo Therapeutics is a clinical-stage genetic medicines company focusing on gene therapies for diseases with high unmet need.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 5:00 pm

ICU

SeaStar Medical Holdings shares surged following the announcement of updates on its acute kidney injury programs and the commercial launch of its Quelimmune pediatric device. The news highlights significant progress in the company's product pipeline and market expansion efforts.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 4:43 pm

DASH

DoorDash Inc (NASDAQ:DASH) shares are rising due to the launch of SafeChat+, a feature aimed at combating chat abuse and harassment between Dashers and consumers. The feature allows Dashers to cancel orders without rating penalties if abuse is detected and automatically ends chats post-delivery to prevent escalation. The company also reported a 23% increase in total orders and a 22% jump in marketplace GOV year-over-year for Q4. DoorDash anticipates Q1 marketplace GOV to be between $18.5 billion and $18.9 billion, with adjusted EBITDA expected to range from $320 million to $380 million.

Portfolio Pulse from Nabaparna Bhattacharya

March 12, 2024 | 4:36 pm

AMZN

FDIS

GOOG

MSFT

VCR

Amazon.Com Inc (NASDAQ:AMZN) has acquired a nuclear-powered data center in Pennsylvania, marking its first venture into nuclear energy. This move by Amazon Web Services to secure electricity from the Susquehanna nuclear power station for a decade underscores Amazon's commitment to clean, carbon-free energy. It aligns with growing public support for nuclear energy and a global pledge to increase atomic generation. This initiative places Amazon alongside other tech giants like Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, who are also diversifying their energy sources towards clean options. The move is expected to impact energy consumption patterns in the tech industry, known for its high power demands.

Portfolio Pulse from Anusuya Lahiri

March 12, 2024 | 4:34 pm

DGLY

Digital Ally announced it has received a Notice of Allowance for its U.S. Patent Application 18/076,960, titled 'Breath Analyzer, System, And Computer Program For Authenticating, Preserving, And Presenting Breath Analysis Data'. This development marks a significant milestone for the company in enhancing its intellectual property portfolio related to breath analysis technology.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 4:31 pm

LIN

Financial analysis of Linde (NASDAQ:LIN) options trading reveals a bearish sentiment among big money traders, with 57% showing bearish tendencies and 42% bullish. The analysis highlighted unusual trades, including 2 puts and 17 calls, targeting a price range of $385.0 to $465.0 for Linde. Current trading volume and RSI indicators suggest Linde may be overbought, with its stock price slightly down at $467.56. Linde, a leading industrial gas supplier, generated approximately $33 billion in revenue in 2023.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 4:31 pm