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WW International Inc (NASDAQ:WW) stock rose after announcing the launch of WeightWatchers GLP-1 Program, designed to support individuals on GLP-1 medication with behavioral and nutritional needs. The program aligns with FDA guidance on behavior modification with GLP-1 medication. Oprah Winfrey, a WW shareholder and board member, has been using GLP-1 medication for weight loss. WW offers memberships at discounted rates. At the time of publication, WW shares were up 7.94% at $7.96.

Portfolio Pulse from Ryan Gustafson

December 14, 2023 | 8:08 pm

TZOO

Travelzoo (TZOO) has announced that starting January 1, 2024, its Travelzoo Membership will no longer be free and will cost $40 annually. However, new members joining on or before December 31, 2023, will have the 2024 fee waived.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 8:07 pm

FCEL

FuelCell Energy Inc (NASDAQ:FCEL) shares surged 11.4% to $1.56 amid overall market strength after the Fed left rates unchanged, with projections of rate cuts in 2024-2026. Lower interest rates benefit capital-intensive industries like renewable energy by reducing borrowing costs, which can lead to more affordable project funding, expansion, and R&D investment. The clean energy sector also reacted positively to COP28's conclusion, signaling a move away from fossil fuels. The Fed's rate decision reflects a cautious approach to future policy adjustments, with a focus on returning to the 2% inflation target.

Portfolio Pulse from Henry Khederian

December 14, 2023 | 8:07 pm

TSLA

The Tesla Cybertruck's unique single windshield wiper has been a point of discussion, with a replacement cost of $165 for the arm and blade, and $75 for the blade alone. The Cybertruck, which has over a million reservations, will have three models with prices ranging from $60,990 to $99,990, and a special Foundation Series for $120,000. Tesla aims to produce 250,000 units annually by 2025.

Portfolio Pulse from Chris Katje

December 14, 2023 | 8:02 pm

RUN

Sunrun Inc (NASDAQ:RUN) stock surged 20.39% to $18.01 amid broader industrial sector gains following the Federal Reserve's decision to leave rates unchanged. The Fed's stance suggests rate cuts in 2024-2026, which benefits Sunrun as it relies on external financing for solar installations. Lower interest rates reduce financing costs and can improve profitability. Additionally, clean energy stocks like Sunrun may be positively influenced by commitments to move away from fossil fuels made at the COP28 climate summit.

Portfolio Pulse from Henry Khederian

December 14, 2023 | 7:52 pm

BLK

IEF

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QQQ

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BlackRock Inc (NYSE:BLK) predicts no rate cuts until the second half of 2024, suggesting frequent portfolio adjustments may be necessary due to various factors including geopolitical risks, election cycles, the U.S. fiscal situation, and central bank policies. Gargi Pal Chaudhuri, head of iShares Investment Strategy Americas at BlackRock, advises against staying in cash and recommends deploying cash selectively in fixed income and equities, with a focus on downside protection. ETFs are recommended for their efficiency in adjusting to market changes. Popular U.S. equity and intermediate-term bond ETFs are mentioned as investment vehicles.

Portfolio Pulse from Surbhi Jain

December 14, 2023 | 7:49 pm

CHPT

ChargePoint Holdings Inc (NASDAQ:CHPT) stock rose by 19.6% to $2.87 following the Federal Reserve's decision to leave interest rates unchanged, with projections of rate cuts in 2024-2026. The unchanged rates suggest lower borrowing costs, which could enable ChargePoint to raise capital more cheaply for expansion and technology development. The positive sentiment is also supported by the outcomes of the COP28 climate summit, which emphasized a shift from fossil fuels, benefiting clean energy companies like ChargePoint.

Portfolio Pulse from Henry Khederian

December 14, 2023 | 7:43 pm

NIO

NIO Inc (NYSE:NIO) shares are trading higher, influenced by the Federal Reserve's indication of potential rate cuts next year, which has generally boosted stock markets. Lower yields make stocks more attractive and borrowing cheaper, potentially improving company earnings and economic growth. Additionally, Nio has added a new partner to its battery swap business, announced by CEO William Li at a media event in Shanghai. The partner's name is not disclosed, but an official announcement is expected soon. Nio aims to have 2,300 power swap stations by year-end and currently has 2,239 in China.

Portfolio Pulse from Adam Eckert

December 14, 2023 | 7:33 pm

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U.S. stocks traded higher, with the Dow up 0.44%, NASDAQ up 0.42%, and S&P 500 up 0.54%. Energy shares rose by 2.5% while consumer staples fell by 0.7%. Adobe Inc. (ADBE) shares fell 5% after a weak sales forecast for FY24 despite beating Q4 earnings estimates. Freight Technologies (FRGT) surged 274% after Amazon Mexico renewed its logistics contract. Moderna (MRNA) rose 12% on positive melanoma study data with Merck. VCI Global (VCIG) gained 20% after its fintech arm agreed to acquire EVOLET. Amtech Systems (ASYS) fell 31% on poor Q4 sales and weak Q1 guidance. Reneo Pharmaceuticals (RPHM) dropped 85% after its study failed to meet primary efficacy endpoints. Cepton (CPTN) declined 26% on disappointing Q3 sales and a weak FY23 forecast. Oil prices increased by 3.6% to $72.00, and gold rose 2.9% to $2,055.10.

Portfolio Pulse from Avi Kapoor

December 14, 2023 | 7:23 pm

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U.S. stocks were mixed with the Nasdaq turning lower, while the Dow and S&P 500 showed minimal changes. Real estate shares rose by 3%, but consumer staples fell by 0.5%. U.S. retail sales unexpectedly increased by 0.3% in November, beating analyst expectations of a 0.1% decline. Freight Technologies, Moderna, and VCI Global saw their shares surge after positive company-specific news. Conversely, Amtech Systems, Reneo Pharmaceuticals, and Cepton experienced significant drops following disappointing financial results and study outcomes. Oil and gold prices increased, while the ECB and Bank of England maintained their interest rates.

Portfolio Pulse from Avi Kapoor

December 14, 2023 | 7:23 pm