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META

The Wall Street Journal's test revealed that Instagram's algorithm recommends inappropriate content, including sexualized videos, which led to a response from Meta Platforms, Inc (NASDAQ:META) and a decision by Bumble to halt advertisements on Meta's platforms. Despite Meta's response emphasizing their efforts to address the issue, the findings raise concerns about Instagram's content recommendation system. META shares were slightly up at the time of publication.

Portfolio Pulse from Anusuya Lahiri

November 27, 2023 | 4:15 pm

LLY

NVO

Novo Nordisk A/S (NYSE:NVO) is in discussions to introduce flexible pricing for its weight loss drug Wegovy, aiming to allow healthcare systems to adopt the medication with payments spread over time. Despite competition from Eli Lilly's (NYSE:LLY) upcoming weight-loss drug Zepbound, which is expected to be priced 20% lower, Novo Nordisk plans to maintain Wegovy's pricing but is open to risk-based contracts that could lead to long-term savings for healthcare providers. The company is also set to launch Wegovy in Japan, entering the Asian market amidst supply and demand challenges. NVO shares saw a slight decline of 1.15% recently.

Portfolio Pulse from Vandana Singh

November 27, 2023 | 4:04 pm

AFRM

AMZN

RBLX

SHOP

WMT

Adobe's report predicts Cyber Monday sales to reach $12 billion to $12.4 billion, a 5.4% increase over last year. The report highlights a shift towards online shopping, with strong discounts driving consumer spending despite economic concerns. Amazon (AMZN), Walmart (WMT), Affirm Holdings (AFRM), Roblox Corporation (RBLX), and Shopify (SHOP) are identified as potential winners from the e-commerce holiday shopping growth. Affirm's shares rose 13% on Monday, while Shopify's shares increased by 5%, with Shopify merchants recording $4.1 billion in Black Friday sales.

Portfolio Pulse from Chris Katje

November 27, 2023 | 3:55 pm

COIN

Coinbase Global Inc (NASDAQ:COIN) is resuming hiring in India for product and tech roles despite previous layoffs and regulatory challenges. The company has listed around 30 positions on LinkedIn and 14 on its website for remote work in Bengaluru and Hyderabad. This move follows significant layoffs in 2022 and January 2023, and difficulties due to India's cryptocurrency taxes and transaction issues. Gemini, another crypto company, is also expanding in India with a $24 million investment.

Portfolio Pulse from Khyathi Dalal

November 27, 2023 | 3:52 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, META, GOOGL, and TSLA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price targets for each asset and advises traders to stay alert for breakouts or reversals. The market is currently focused on end-of-month flows and upcoming treasury auctions, which may cause volatility. The memo is part of the Market Clubhouse membership, which offers daily market analysis, a watch list, and real-time trading mentorship by a professional trader known as RIPS.

Portfolio Pulse from RIPS

November 27, 2023 | 3:45 pm

GRCL

Gracell Biotechnologies' stock is trading higher following the FDA's clearance of the IND application for a Phase 1/2 clinical trial of FasTCAR-T GC012F, aimed at treating refractory systemic lupus erythematosus.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 3:30 pm

GNE

Genie Energy Ltd. (NYSE:GNE) has expanded its renewable energy portfolio through its subsidiary Sunlight Energy Investments by acquiring 12 operational solar arrays with a collective generation capacity of 9.4 MW-DC. These arrays, located in Ohio and Michigan, are under long-term fixed-price PPAs and are expected to be immediately accretive to Genie Energy's bottom line. The acquisition also includes the first right of refusal for future projects by the developer. GNE shares saw a slight increase of 0.95% to $25.57.

Portfolio Pulse from Akanksha Bakshi

November 27, 2023 | 3:17 pm

HKD

AMTD Digital Inc. (NYSE:HKD) shares rose 25% on Friday and continued to move on Monday with heavy trading volume after the company announced the launch of L'Officiel Hong Kong. This follows the acquisition of L'Officiel Inc. SAS in 2022. The digital platform is now live, and the print magazine is expected in early 2024. HKD has become a trending ticker among retail investors and is trading above its 50-day moving average but near its 52-week low.

Portfolio Pulse from Erica Kollmann

November 27, 2023 | 3:11 pm

PYPL

PayPal Holdings Inc (NASDAQ:PYPL) stock is trading higher due to increased Cyber Monday expectations, with sales projected to reach $12 billion to $12.4 billion, an 8% year-over-year increase. 'Buy Now, Pay Later' usage is also expected to hit a record high, contributing $782 million in online spending, an 18% increase from the previous year. PayPal, known for its online payment solutions, is benefiting from this positive e-commerce trend.

Portfolio Pulse from Adam Eckert

November 27, 2023 | 3:10 pm

XENE

Xenon Pharmaceuticals' stock is up following positive topline results from their Phase 2 X-NOVA clinical trial of XEN1101 in Major Depressive Disorder (MDD).

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 3:02 pm