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CRI

Wedbush has maintained its Neutral rating on Carter's (NYSE:CRI) but raised its price target from $67.00 to $78.00. Despite this, Carter's shares are currently trading at $82.74, indicating a potential decline if the price adjusts to the new target. Carter's Inc specializes in children's apparel and operates through various sales channels in the U.S. and internationally, with a significant portion of its sales in the U.S.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 5:00 pm

NVDA

TSM

Nvidia Corp. (NASDAQ:NVDA) reached a $2 trillion market cap, joining an elite group of companies after a strong earnings report and a 240% rise in 2023. The company's success is attributed to its dominance in AI accelerators and high-performance chips. Nvidia's journey from its founding in 1993, through its IPO in 1999, to achieving this milestone highlights its significant growth and potential in the AI sector. Despite some concerns about an AI bubble, the outlook for Nvidia remains positive.

Portfolio Pulse from Shanthi Rexaline

February 23, 2024 | 4:38 pm

F

IFFNNF

NVDA

TSLA

Tesla Inc (TSLA) and Nvidia Corporation (NVDA) are highlighted for their advancements in AI and semiconductors, crucial for EV development. Tesla's in-house AI chip efforts pose a potential challenge to Nvidia. Worksport partners with Infineon Technologies (IFFNNF) to enhance its portable power stations and solar-powered tonneau covers, aiming to support EVs like Ford Motor's (F) F-150 Lightning. Infineon bets on the AI boom to boost chip sales, despite a cautious outlook for 2023/2024.

Portfolio Pulse from Upwallstreet

February 23, 2024 | 4:35 pm

RVSN

Rail Vision's stock price increased following the announcement that the company has been granted European Patent Number EP3138754 for its 'RAIL TRACK ASSET SURVEY SYSTEM.'

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:29 pm

BDRX

Biodexa Pharmaceuticals PLC (NASDAQ:BDRX) announced R&D updates including Phase 1 clinical trial results of MTX110 in diffuse midline glioma (DMG) patients, showing a median overall survival of 16.5 months. A severe adverse event was reported in one patient, deemed unrelated to MTX110. Additionally, inconclusive preclinical results were shared for tolimidone's beta cell proliferation potential. Despite this, Biodexa plans to proceed with an in vivo study and a Phase 2a study in Type 1 diabetes patients. BDRX shares fell 9.08% to $1.40.

Portfolio Pulse from Vandana Singh

February 23, 2024 | 4:18 pm

RVSN

Rail Vision Ltd. has been granted a European patent (EP3138754) for its 'Rail Track Asset Survey System'. This patent solidifies Rail Vision's intellectual property in Europe, potentially enhancing its competitive edge in rail safety and monitoring technologies.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:15 pm

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) shares dropped after announcing a $1.5 billion convertible senior notes offering due 2029, with an option for an additional $225 million. The notes have a conversion rate of 0.7455 shares per $1,000, at a price of $1,341.38 per share, a 37.5% premium over the recent closing price. SMCI's stock has surged recently, partly due to AI excitement and social media buzz. The company does not pay dividends but engages in other capital allocation strategies.

Portfolio Pulse from Erica Kollmann

February 23, 2024 | 4:06 pm

LUNR

Intuitive Machines, Inc. (NASDAQ:LUNR) shares surged after its Odysseus spacecraft successfully landed on the Moon, marking the first U.S. soft landing since 1972. The achievement has sparked significant interest, with the stock gaining over 240% in the past month. A press conference is scheduled to discuss further details. Despite the recent success, a long-term stock forecast based on past performance suggests a potential annualized return of -3.02%, projecting a stock price of $9.27 in five years.

Portfolio Pulse from Erica Kollmann

February 23, 2024 | 4:03 pm

XTKG

X3 Holdings teased an upcoming announcement related to the semiconductor sector on X, hinting at a significant development from the company.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:03 pm

ADBE

LULU

MA

SDS

SH

SMCI

V

Benzinga's Stock Whisper Index highlights Mastercard, Visa, Lululemon Athletica, Super Micro Computer, Adobe, and inverse S&P 500 ETFs (SDS, SH) as stocks and ETFs of interest. Mastercard and Visa face potential challenges from the Capital One-Discover merger. Lululemon's stock is buoyed by a positive rating from Needham. Super Micro benefits from NVIDIA's strong earnings. Adobe faces competition from OpenAI's new tool, Sora. Interest in SDS and SH ETFs rises as investors anticipate a pullback in the S&P 500.

Portfolio Pulse from Chris Katje

February 23, 2024 | 3:46 pm