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AVGO

Broadcom (NASDAQ:AVGO) is evaluated against its competitors in the Semiconductors & Semiconductor Equipment industry. It has a lower P/E ratio but higher P/B and P/S ratios than the industry average, indicating mixed valuation signals. Broadcom's ROE is above average, but its EBITDA, gross profit, and revenue growth are below industry averages. The company's high debt-to-equity ratio suggests increased financial risk.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 4:00 pm

HALO

Halozyme Therapeutics (NASDAQ:HALO) has received mixed analyst ratings over the past three months, with 3 bullish and 1 somewhat bullish ratings. The average 12-month price target is $57.5, down from $60.50, with a high estimate of $61.00 and a low of $50.00. Analysts from Morgan Stanley, Benchmark, and HC Wainwright & Co. have adjusted their ratings and price targets. Halozyme is a biotech company focusing on oncology therapies. It has shown a revenue growth of 3.38%, a high net margin of 37.88%, an ROE of 40.9%, and an ROA of 4.42%, but carries a higher debt-to-equity ratio of 6.01 compared to the industry average.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 4:00 pm

AAL

AFLYY

GOL

GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL) has been approved to access a credit insurance policy supported by SE-Camex and backed by the FGE, allowing up to $209 million in financing for engine maintenance in Brazil. The company reported a 16.4% revenue growth in Q3 FY23 and has partnerships with American Airlines Group Inc (NASDAQ: AAL) and Air France-KLM (OTC: AFLYY). GOL's shares dropped slightly by 0.25% to $3.72.

Portfolio Pulse from Shivani Kumaresan

December 26, 2023 | 3:49 pm

AAPL

The White House upheld a sales ban on certain Apple Inc (NASDAQ:AAPL) smartwatches due to a patent violation with Masimo Corp. Apple Watch Series 9 and Ultra 2 were removed from stores, while the Apple Watch SE remains on sale. Analysts estimate Apple's watch business generated $17 billion last year, with the ban potentially costing $300-$400 million in holiday sales. Apple shares were down 0.18% at $193.26 following the news.

Portfolio Pulse from Adam Eckert

December 26, 2023 | 3:47 pm

ADAUSD

AVAXUSD

BTCUSD

ETHUSD

SOLUSD

XRPUSD

Digital assets have seen a shift from outflows to inflows, with Bitcoin (BTC) experiencing $87.6 million in inflows, reversing from last week's outflows. Ethereum (ETH) also saw inflows of $7.9 million. Altcoins like Solana (SOL) and Cardano (ADA) had decreased inflows, while XRP saw no new inflows and Avalanche (AVAX) outflows widened. Year-to-date flows for digital assets have reached $1.971 billion, with total assets under management at $52.098 billion. Germany leads in weekly inflows, followed by Canada and the U.S. Bitcoin prices dropped slightly by 0.5%, while ETH increased by 0.7%. SOL surged by 55%, and ADA, XRP, and AVAX also saw price increases.

Portfolio Pulse from Khyathi Dalal

December 26, 2023 | 3:46 pm

MA

Mastercard Incorporated (NYSE:MA) reported that U.S. retail sales excluding automotive rose by 3.1% year-over-year this holiday season. Online sales surged by 6.3%, while in-store sales increased by 2.2%. Apparel and restaurant sectors saw increases, while jewelry and electronics experienced declines. The data reflects a strong labor market and easing inflation, suggesting a resilient economy despite the Federal Reserve's interest rate hikes.

Portfolio Pulse from Nabaparna Bhattacharya

December 26, 2023 | 2:32 pm

ANGH

Anghami reported an 8% year-over-year increase in adjusted revenue to $30M for the nine months ending September 30.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 2:26 pm

ANGH

Anghami reported a preliminary 17% year-over-year increase in subscribers for Q3 2023, reaching a total of 1.73 million subscribers.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 2:26 pm

DDC

DayDayCook (DDC) has agreed to acquire Yai's Thai, a leading Thai American ready-to-eat food brand. The acquisition, financed through cash and stock, aims to expand DDC's U.S. presence. Yai's Thai expects revenues of $8M-$10M in 2023 and is sold in over 4,500 stores. The deal is subject to customary closing conditions and should complete by year-end. Both companies share values like natural ingredients and Asian cooking culture promotion.

Portfolio Pulse from Happy Mohamed

December 26, 2023 | 2:18 pm

MULN

Mullen Automotive, Inc. has delivered 63 more Class 3 electric vehicles to Randy Marion Automotive Group, invoicing a total of $3,969,000. This brings the total delivered to 121 vehicles, valued at $7,623,000. Mullen is on track to deliver 150 vehicles by the end of 2023, as part of Randy Marion's 1,000 vehicle order worth $63 million. Production is based in Tunica, Mississippi, with a planned annual capacity of 3,000 vehicles per shift. The Mullen THREE, a Class 3 EV truck, is designed for urban last-mile delivery with a 125-mile range and a payload of over 5,300 pounds.

Portfolio Pulse from Happy Mohamed

December 26, 2023 | 2:01 pm