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Donald Trump's World Liberty Financial (WLFI) token sale reached $220 million in the first hour despite website issues. The project, involving Trump's family, aims to raise $300 million and focuses on stablecoins and DeFi activities.

Portfolio Pulse from Khyathi Dalal

October 15, 2024 | 5:56 pm

AMAT

Applied Materials (AMAT) shares fell by 10.2% due to ASML's downgraded 2025 sales outlook and potential US chip export restrictions. ASML's guidance raised concerns about a slower recovery in key markets, impacting AMAT's revenue prospects as both companies are crucial in the semiconductor supply chain.

Portfolio Pulse from Henry Khederian

October 15, 2024 | 5:51 pm

BTCUSD

ETHUSD

SOLUSD

Anthony Scaramucci discusses the current state of the cannabis industry, noting its shift from rapid growth to consolidation due to oversaturation and increased regulation. He contrasts this with the cryptocurrency market, which he views as having more transformative potential. Scaramucci advises cannabis investors to adjust expectations as the industry matures.

Portfolio Pulse from Javier Hasse

October 15, 2024 | 5:49 pm

NFLX

Benchmark analyst Matthew Harrigan reiterated a Sell rating for Netflix, citing risks in member growth and ad monetization. He set a price target of $545, significantly below the current price of $715. Harrigan forecasts 431 million global members by 2033 with a 35%+ operating margin, but notes potential downside risks in member growth. The analyst highlights Netflix's reliance on pricing and new initiatives like AVOD and gaming for growth, and the market's focus on potential price hikes in the upcoming earnings report.

Portfolio Pulse from Anusuya Lahiri

October 15, 2024 | 5:46 pm

ENPH

TSLA

RBC Capital Markets downgraded Enphase Energy (ENPH) due to competitive pressures and potential market share loss in the inverter segment, particularly in California. The analyst lowered the price target to $100, citing slower growth and potential impact from Tesla's Powerwall 3.

Portfolio Pulse from Nabaparna Bhattacharya

October 15, 2024 | 5:44 pm

ARM

ASML

KRE

NVDA

SCHW

SOXX

WBA

XLE

ASML's earnings leak led to a significant drop in its stock and affected the semiconductor sector, with major players like NVIDIA and Arm Holdings also seeing declines. Energy stocks fell due to a drop in oil prices, while financials and small caps outperformed, driven by strong earnings from banks.

Portfolio Pulse from Piero Cingari

October 15, 2024 | 5:37 pm

AMZN

ANF

BABA

LGIH

NIO

SIG

TSLA

YUM

YUMC

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in stocks like TSLA, BABA, NIO, SIG, AMZN, LGIH, YUMC, JD, YUM, and ANF. These trades indicate varying sentiments, from bullish to bearish, and could signal potential price movements.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 5:35 pm

TNON

Tenon Medical has been granted a U.S. patent for its technology related to stabilizing sacroiliac joints. This patent could enhance the company's competitive edge in the medical device industry.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 5:30 pm

BAX

Baxter International's North Cove facility in North Carolina is recovering from Hurricane Helene's damage. Over 1,000 employees and 1,000 contractors are working on cleanup and recovery. The company has resumed product shipments and aims to restart production by year-end. The FDA is assisting with temporary product imports to address shortages.

Portfolio Pulse from Vandana Singh

October 15, 2024 | 5:05 pm

AWKNF

Awakn Life Sciences Corp. (OTC:AWKNF) has partnered with the University of Nottingham for preclinical testing of its aminoindane compound, aimed at treating trauma-related mental health disorders like PTSD. The study will use rodent models to assess the compound's efficacy, with results expected by the end of 2024.

Portfolio Pulse from Juan Spínelli

October 15, 2024 | 5:04 pm