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AAPL

TSLA

An auction featuring items related to Apple Inc and its former CEO Steve Jobs, including signed business cards, is underway. A signed business card from Tesla Inc and SpaceX CEO Elon Musk is also up for auction. The Jobs card has reached $29,282, while the Musk card is at $11,000. The auction highlights the growing demand for memorabilia from iconic tech leaders.

Portfolio Pulse from Chris Katje

March 13, 2024 | 5:26 pm

KDP

Keurig Dr Pepper (NASDAQ:KDP) announced a new innovation in its Keurig single serve brewing system, introducing K-Rounds, plastic- and aluminum-free coffee pods, and the Keurig Alta brewer. These innovations aim to redefine home coffee brewing with sustainability and versatility, allowing for a variety of barista-style beverages. The company has entered a multi-year innovation agenda, with beta testing for the Keurig Alta system starting in fall 2024. KDP has also acquired a perpetual license from Delica Switzerland for proprietary technology to be used in these innovations.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 5:04 pm

TACT

Craig-Hallum has maintained its Buy rating for Transact Technologies (NASDAQ:TACT) but lowered its price target from $10.00 to $9.00. TACT's shares have fallen 6.11% in the last 24 hours to $6.45. A move to $9.00 represents a 39.53% potential increase. Transact Technologies develops technology and printing solutions mainly for the casino and gaming industry.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:00 pm

COO

JP Morgan upgraded its rating of Cooper Companies (NASDAQ:COO) to Overweight with a new price target of $120.00, up from $100.00. Shares of Cooper Companies have risen 1.88% in the last 24 hours to $103.45. The upgrade reflects a potential 16.0% increase from the current price. Cooper Companies, a leading eye care company in the U.S., operates through two segments: CooperVision and CooperSurgical, with significant market shares in contact lenses and IUDs respectively.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:00 pm

BTBT

HIVE

Bitcoin's surge to $73,000 overshadows the appearance of Death Cross signals in HIVE Digital Technologies Ltd (NASDAQ:HIVE) and Bit Digital Inc (NASDAQ:BTBT) stocks, indicating potential downward trends. HIVE reported strong Q3 earnings with $30.1 million in revenue and a 38% Gross Operating Margin, despite a 30.68% drop YTD. Bit Digital experienced a 47.04% decline YTD but remains active in mining and staking, with a production of 128.7 BTC in February 2024. The Death Cross, a bearish signal, has been triggered for both stocks, aligning with economist Peter Schiff's concerns about the underperformance of Bitcoin mining stocks.

Portfolio Pulse from Surbhi Jain

March 13, 2024 | 4:51 pm

AMZN

Jenny Woo's side hustle, Mind Brain Emotion, selling emotional intelligence-focused card games on Amazon.com Inc (NASDAQ:AMZN), generated $1.71 million in sales last year. Starting with a $1,000 investment, Woo's business now makes over $140,000 in sales monthly, with an estimated 40% profit margin. Woo, who also lectures and offers business consulting, shared insights on starting a successful side hustle on Amazon, emphasizing the importance of advertising, SEO, and resilience against competition.

Portfolio Pulse from Adam Eckert

March 13, 2024 | 4:42 pm

GXAI

LUNA

NCNA

SKIN

SOS

VJET

Crude oil prices rose by 2.3% following a decline in U.S. inventories, contrary to market expectations of a gain. U.S. stocks showed mixed performance, with the Dow Jones up and NASDAQ down. Gaxos.ai Inc. saw a significant share price increase after acquiring AI technology rights. Other notable movements included NuCana plc and The Beauty Health Company shares rising, while voxeljet AG, SOS Limited, and Luna Innovations Incorporated shares fell.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 4:38 pm

AVTR

DHR

LLY

NVO

TMO

WAT

WUXIF

Goldman Sachs highlights a significant opportunity in the biotech sector for outsourcing the production of obesity therapeutics, projecting the global obesity market to reach $100 billion by 2030, potentially expanding up to $400 billion. Novo Nordisk and Eli Lilly, current leaders in the market, are expected to outsource 50% of their production to meet demand, creating a $5 billion opportunity for outsourced providers. Seven biotech stocks, including Avantor, Thermo Fisher, Waters Corp., Agilent Technologies, Danaher, Wuxi AppTec, and Asymchem Laboratories, are identified as beneficiaries of this trend.

Portfolio Pulse from Piero Cingari

March 13, 2024 | 4:35 pm

AMD

INTC

NVDA

SMCI

Super Micro Computer Inc (NASDAQ:SMCI) has seen a significant rally, gaining nearly 50% in the past month, driven by the AI-chip boom. BofA Securities highlights SMCI's strong positioning in the expanding AI server market, expecting robust revenue growth. The firm's competitive advantages, such as its building block architecture, relationships with leading AI CPU/GPU/ASIC providers (Intel, Nvidia, AMD), and customization capabilities, are noted. Analyst Ruplu Bhattacharya maintains a Buy rating and raises the price target from $1,040 to $1,280, anticipating growth in server demand across various applications.

Portfolio Pulse from Priya Nigam

March 13, 2024 | 4:21 pm

NVDA

Nvidia Corp (NASDAQ:NVDA) has seen a significant rise, with a 245% increase through 2023 and an additional 80% in 2024, amid the AI-driven stock surge. BofA Securities analyst Vivek Arya maintains a Buy rating on NVDA, raising the price target from $925 to $1,100, indicating a 28.2% upside. Arya highlights Nvidia's central role in the AI landscape and its potential for growth, especially with genAI expected to double the data center market to $2 trillion. Despite a current dip in NVDA's stock price, Arya sees untapped upside potential.

Portfolio Pulse from Surbhi Jain

March 13, 2024 | 4:19 pm