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ISRG

Recent options market activity indicates a bearish sentiment towards Intuitive Surgical (NASDAQ:ISRG), with a significant majority of trades being puts. The targeted price range for ISRG by whales is between $380.0 and $410.0. Despite this, expert analysts have set higher average target prices, suggesting a bullish outlook on the stock. Intuitive Surgical's current trading volume is 326,372, with a slight price decrease of -0.35%, and its stock price stands at $390.0. The company is a leader in robotic-assisted minimally invasive surgery, with a substantial global installation base of its da Vinci systems.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:16 pm

AAPL

META

Gene Munster from Deepwater Asset Management highlighted Meta Platforms Inc (META) and Apple Inc (AAPL) as underappreciated AI investments on CNBC's "Squawk Box." He believes Meta's use of AI in advertising and potential monetization of its Llama model could significantly grow its business. Munster also anticipates Apple to release a foundation model for personalized AI, capturing about 20% of the market. Both companies are seen as having substantial upside potential in AI, contrary to current market expectations.

Portfolio Pulse from Adam Eckert

February 08, 2024 | 6:15 pm

ARKK

COIN

GS

PLTR

ZS

Thrash Capital highlights top stock picks for 2024, focusing on Goldman Sachs, Coinbase, ARK Innovation ETF, Palantir Technologies, and Zscaler. These companies and ETF are selected based on their potential for growth, innovation, and strong market positions in their respective sectors. Factors such as diverse revenue streams, strategic initiatives, market trends, and financial performance are considered critical for their success in the upcoming year.

Portfolio Pulse from Thrash Capital

February 08, 2024 | 6:14 pm

AAPL

CRM

GOOGL

META

MSFT

The EU is drafting guidelines for Big Tech to combat misinformation ahead of global elections, targeting companies like Alphabet, Meta Platforms, Apple, and Microsoft. The guidelines aim to protect democracy by addressing disinformation, hate speech, and malicious attacks. Companies are expected to take actions such as labeling AI-generated content. Salesforce's CEO Marc Benioff highlighted social media's threat to democracy, while U.S. states have begun regulating deepfakes in elections.

Portfolio Pulse from Neil Dennis

February 08, 2024 | 6:00 pm

ETH-USD

On Wednesday, 8,548.90 Ether (ETH) worth approximately $20.76 million was burned, permanently removing it from circulation. This action follows the Ethereum blockchain's EIP-1159 upgrade implemented on August 5, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% per year, expected to decrease to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -9.78% yesterday.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:00 pm

GOOG

MSFT

SPY

TSLA

The S&P 500 surpassing $5000 and China's fastest price drop since 2009 are key highlights. SPDR S&P 500 ETF Trust (SPY) reflects the S&P 500's performance. Jobless claims remain steady, indicating a strong job market. Treasury auctions draw significant investor interest. Alphabet Inc (GOOG) rebrands its large language model to Gemini, competing with Microsoft's (MSFT) ChatGPT. China's price drop may prompt economic measures, affecting global markets. Early trade shows varied money flows in major tech stocks and ETFs, with notable movements in Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), and Amazon (AMZN). Gold and oil ETFs (GLD, USO) see specific trading patterns, while Bitcoin experiences aggressive buying.

Portfolio Pulse from The Arora Report

February 08, 2024 | 5:50 pm

SHOP

Shopify has announced a price increase for its Plus subscription plan, according to a report from Business Insider. This move could impact Shopify's revenue and potentially its stock price as the company adjusts its pricing strategy in a competitive e-commerce landscape.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 5:43 pm

ACIU

AC Immune has been granted a European patent EP3735411 for derivatives aimed at treating disorders associated with tau aggregates, such as Alzheimer's disease. This development could enhance AC Immune's portfolio in neurodegenerative disease treatments.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 5:37 pm

HOG

Harley-Davidson Inc (NYSE:HOG) reported mixed Q4 fiscal 2023 results with HDMC + LiveWire sales of $807 million, missing the consensus of $880.22 million. Revenue was down 8% YoY to $1.05 billion, with a notable decline in HDMC revenue by 14% due to lower volumes, partially offset by a 15% revenue growth at HDFS. EPS was $0.18, beating the consensus of $0.04. The company experienced a contraction in gross profit margin and an expanded operating loss in HDMC. However, cash from operating activities increased to $754.89 million. CEO Zeitz remains optimistic, highlighting the launch of a new model year as a foundation for growth in 2024. The company expects flat to down 9% HDMC revenue growth and an operating loss for LiveWire electric motorcycle unit.

Portfolio Pulse from Akanksha Bakshi

February 08, 2024 | 5:01 pm

VS

HC Wainwright & Co. has maintained a Neutral rating on Versus Systems (NASDAQ:VS) but raised its price target from $0.50 to $2.00. Despite this, shares of Versus Systems have fallen by 5.21% in the last 24 hours to $2.00. Versus Systems is a Canada-based technology company focused on developing a software platform for video game publishers and developers to offer prize-based matches.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:00 pm