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VUZI

Vuzix shares are trading higher following the announcement of the commencement of online sales for its Vuzix Shield smart safety glasses.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 3:15 pm

AUUD

Auddia Inc. (NASDAQ:AUUD) shares surged after the US Patent and Trademark Office awarded the company a patent for its core AI technology used in its faidr app, which delivers ad-free AM/FM radio to subscribers. The patent validates Auddia's innovation in AI for Audio technology, aiming to drive new premium audio experiences. The stock's trading volume significantly exceeded its 100-day average following the announcement.

Portfolio Pulse from Erica Kollmann

April 08, 2024 | 3:07 pm

WBTCUSD

Wrapped Bitcoin (WBTC) has seen a 3.16% increase in price over the last 24 hours, reaching $71,768.00, continuing a positive trend with a 4.0% gain over the past week. The trading volume for WBTC has surged by 126.0%, and its circulating supply has slightly increased to over 155 thousand, representing 100% of its max supply. Currently, WBTC ranks #16 in market cap at $11.12 billion.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 3:03 pm

DJT

Trump Media & Technology Group's shares are trading lower following its Nasdaq debut, amid calls by Democrats for an inquiry into alleged influence peddling.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 3:03 pm

DOTUSD

Polkadot (CRYPTO: DOT) has seen a 3.18% increase in price over the last 24 hours, reaching $9.0, despite a week of no overall gain. The coin's all-time high is $54.98, and its market cap ranks #15 at $12.14 billion. Trading volume fell by 7% over the week, while circulating supply rose by 0.35% to 1.35 billion.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 3:02 pm

STETHUSD

Lido Staked Ether (STETH) has seen a 6.9% increase in price over the last 24 hours, reaching $3,638.74, continuing a positive trend with a 4.0% gain over the past week. The trading volume for STETH has increased by 20.0%, while the circulating supply decreased by 1.22%, leading to a current market cap ranking of #6 at $34.66 billion.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 3:02 pm

VRT

Financial analysis of Vertiv Hldgs (NYSE:VRT) options market reveals a bearish sentiment with 69% of traders showing bearish tendencies. Notable options activity includes both puts and calls with a target price range from $40.0 to $86.0. Vertiv Hldgs, a company providing solutions for data centers and communication networks, has seen its stock price slightly increase by 0.11% to $85.43. Analysts have given an average target price of $89.0, with ratings ranging from Outperform to Buy. The next earnings report is expected in 16 days.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 3:01 pm

BTCUSD

Bitcoin (BTC) has seen a 3.05% increase in its price over the last 24 hours, reaching $71,716.00. This rise is part of a positive trend over the past week, with a 5.0% gain from $68,613.06. The coin's all-time high is $73,738.00. Trading volume for Bitcoin has increased by 14.0% over the past week, and its circulating supply has risen by 0.02% to 19.68 million, approximately 93.7% of its max supply. Bitcoin's market cap ranks #1 at $1.41 trillion.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 3:01 pm

MSTR

MicroStrategy (NASDAQ:MSTR) is analyzed against its software industry peers, showing potential undervaluation in PE and PB ratios but overvaluation in PS ratio. Its ROE, EBITDA, gross profit, and revenue growth indicate underperformance. The company's moderate debt-to-equity ratio suggests a balanced financial structure.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 3:01 pm

COST

The analysis compares Costco Wholesale (NASDAQ:COST) with its competitors in the Consumer Staples Distribution & Retail industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Costco's metrics suggest a potentially overvalued stock but also indicate strong performance and market positioning. The company's lower debt-to-equity ratio compared to peers suggests a strong financial position.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 3:00 pm