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GME

Cryptocurrencies associated with Keith Gill, known as Roaring Kitty, surged after he posted a Rick James-themed GIF. This led to a 300% rally in GameStop Coin and spikes in other Kitty-labeled cryptos.

Portfolio Pulse from

January 02, 2025 | 4:00 am

BNO

The article discusses the technical analysis of oil and natural gas markets. WTI crude oil is showing strength and nearing a significant resistance level, indicating potential bullish patterns. In contrast, natural gas is experiencing a pullback from its resistance level, suggesting market volatility.

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January 02, 2025 | 3:45 am

FLOT

FLOT, an ETF focused on floating rate bonds, has been downgraded from 'Buy' to 'Hold' due to its underperformance in easing interest rate environments, higher default risk, and tight credit spreads. Its low yield compared to short-term bond funds like TBUX makes it less appealing.

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January 02, 2025 | 3:45 am

PLD

Prologis has faced negative returns due to overvaluation, but recent price drops and dovish interest rate expectations make it more attractive. Industrial market fundamentals are improving with e-commerce growth and peaking vacancy rates, supporting long-term rent growth for Prologis. Consensus revenue growth of 7-8% is ambitious; a more realistic expectation is 5-6% due to cautious acquisition and development strategies.

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January 02, 2025 | 3:30 am

BNO

Oil prices increased in early Asian trading due to positive market sentiment, suggesting a potential recovery in oil prices this year.

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January 02, 2025 | 2:30 am

DVN

Devon Energy is expected to benefit from a favorable commodities market in 2025, with rising natural gas and NGL prices offsetting a slight fall in oil prices. Improved drilling efficiency and lower capex intensity are positive for free cash flow. DVN trades at a discount compared to peers.

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January 02, 2025 | 2:30 am

NXT

Kahn Swick & Foti, LLC has announced a class action lawsuit against Nextracker Inc. for investors who purchased shares between February 1, 2024, and August 1, 2024. Investors with losses over $100,000 have until February 25, 2025, to file lead plaintiff applications.

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January 02, 2025 | 2:30 am

RIG

Kahn Swick & Foti, LLC has announced a class action lawsuit against Transocean Ltd. (NYSE: RIG) for investors who purchased securities between October 31, 2023, and September 2, 2024. Investors with losses over $100,000 have until February 24, 2025, to file lead plaintiff applications.

Portfolio Pulse from

January 02, 2025 | 2:15 am

MELI

MercadoLibre's recent share price drop is seen as a buying opportunity due to strong GMV growth and profitability in Brazil and Mexico. The company shows robust financial performance with double-digit operating margins and significant earnings growth. Key growth catalysts include expansion in South and Central America, AI leverage, Fintech enhancement, and a potential stock buyback program.

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January 02, 2025 | 2:00 am

AAAU

Gold prices have increased in early Asian trade and are expected to remain a stable asset for portfolio diversification in 2025, according to Axis Securities.

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January 02, 2025 | 1:30 am