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LUNR

Intuitive Machines, Inc. (NASDAQ:LUNR) reported that its moon lander, Odysseus, continues to communicate from the lunar surface, with communication expected to last until Tuesday morning. The lander has sent images from its landing site, Malapert A, marking a significant achievement in lunar exploration. However, shares of Intuitive Machines have dropped following a mishap during landing last Friday, where the lander tipped over, potentially due to excessive speed. Despite the setback, the lander's successful landing and communication have been confirmed by NASA's Lunar Reconnaissance Orbiter Camera team.

Portfolio Pulse from Nabaparna Bhattacharya

February 27, 2024 | 3:26 pm

SHIBUSD

Shiba Inu (SHIB) experienced a 10.7% increase in price, erasing a zero from its valuation, amid a community petition for a Shiba Inu ETF. The burn rate surged by 4,290.02%, with 70% of tokens burnt from the total supply. A major whale transaction involved receiving 293.98 billion SHIB tokens. Derivatives metrics show a significant surge in volume and open interest. A proposal for a Shiba Inu ETF was revealed by the marketing lead, aiming to assess its viability and market demand.

Portfolio Pulse from Khyathi Dalal

February 27, 2024 | 3:14 pm

DIS

Walt Disney World has announced an increase in ticket prices effective January 1, 2025. Single-day, single-park ticket prices will start at $119, up from $109, with other prices also increasing by $5-$10. Multi-day tickets will see a similar increase of $5-$10 more per day.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:14 pm

ADTH

AdTheorent has launched a new product named Point, which leverages precise location data for visitation modeling and location-based targeting. This development could enhance AdTheorent's offerings in the digital advertising space by providing more targeted advertising solutions.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:12 pm

REGN

Recent analysis of Regeneron Pharmaceuticals (NASDAQ:REGN) by 10 experts shows a mix of bullish to bearish sentiments, with a shift towards more positive ratings in the last 30 days. The average 12-month price target for REGN has increased by 5.22% to $1036.8. Analysts have adjusted their ratings and price targets based on Regeneron's performance and market conditions. The company, known for its products in eye disease, cardiovascular disease, cancer, and inflammation, shows a positive revenue trend but below-average net margin, ROE, and ROA, indicating potential profitability and efficiency challenges.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:00 pm

MOD

Modine Manufacturing (NYSE:MOD) has seen a positive shift in analyst ratings over the last three months, with all four analysts giving bullish ratings. The average 12-month price target has been raised to $84.75, marking an 18.95% increase from the previous target of $71.25. Analysts from B. Riley Securities, EF Hutton, and DA Davidson have raised their price targets, reflecting optimism about the company's future performance. Modine Manufacturing specializes in thermal management solutions and has shown solid revenue growth and net margin, although its ROE is below industry benchmarks.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:00 pm

VKTX

Viking Therapeutics Inc (NASDAQ:VKTX) released positive Phase 2 trial results for VK2735, a weight loss drug, showing significant reductions in body weight and a good safety profile. The drug achieved its primary and all secondary endpoints, with up to 88% of patients achieving at least 10% weight loss. The stock surged 98% in premarket trading and was up 56% at $60.02.

Portfolio Pulse from Vandana Singh

February 27, 2024 | 2:48 pm

IFBD

JANX

LOW

NERV

NRXP

TWKS

VKTX

Nasdaq rose by 50 points as Lowe's Companies Inc (LOW) reported better-than-expected Q4 results, with sales of $18.60 billion and EPS of $1.77. Lowe's anticipates FY24 revenue of $84-$85 billion and adjusted EPS of $12.00-$12.30. Janux Therapeutics (JANX), Infobird Co. (IFBD), and Viking Therapeutics (VKTX) saw significant stock increases due to positive clinical data and market volatility. Conversely, Minerva Neurosciences (NERV), Thoughtworks Holding (TWKS), and NRx Pharmaceuticals (NRXP) experienced substantial declines due to regulatory setbacks and disappointing financial results.

Portfolio Pulse from Avi Kapoor

February 27, 2024 | 2:42 pm

CRKN

Crown Electrokinetics (CRKN) has made significant progress in its Electrokinetic Film division, overcoming technical challenges to develop a 12-inch-wide film for smart window inserts, with small quantity shipments starting in July. Sheldon Davis has joined as a senior advisor, bringing valuable experience to the company. In the Fiber Optics division, Crown has generated revenue in Arizona and Florida markets, with a promising project in Florida expected to bring in $11 million from 300 miles of horizontal directional drilling. Revenue guidance will be provided in an investor call on March 8th.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:34 pm

BTBT

CLSK

HIVE

HUT

MARA

RIOT

Bitcoin mining stocks are experiencing significant gains alongside the rising price of Bitcoin, which has surpassed $57,000, reaching its highest level in over two years. This surge is attributed to increased demand following the approval of spot ETFs and anticipation of the April halving event. CleanSpark's shares soared after reporting strong earnings, with other Bitcoin miners also expected to report soon. Notable gainers include CleanSpark, Marathon Digital Holdings, Hut 8 Corp, HIVE Digital Technologies, Bit Digital, and Riot Platforms.

Portfolio Pulse from Adam Eckert

February 27, 2024 | 2:20 pm