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BURU

NUBURU, Inc. (NYSE:BURU) announced a $3 million investment from strategic investors and initial orders from new customers in new markets. The investment, led by fintech leader Alessandro Zamboni, aims to accelerate NUBURU's growth and revenue generation. The company received an order to supply BL-300s for EV battery module production, highlighting its expansion into the sustainable energy market. NUBURU plans to call a special stockholders meeting to approve additional common stock issuance for strategic acquisitions.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:22 pm

LGIH

Wedbush analyst Jay McCanless has reiterated an Underperform rating on LGI Homes (NASDAQ:LGIH), with a maintained price target of $74.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:20 pm

NOW

Deep-pocketed investors have shown a bullish sentiment towards ServiceNow (NYSE:NOW), with options activity indicating a focus on a price range between $600 and $1000. The analysis of options activity reveals a 60% bullish and 40% bearish sentiment among investors. Significant trades include both calls and puts, with a notable emphasis on calls. ServiceNow's current market performance shows a 1.0% increase in stock price to $766.75, with an upcoming earnings report in 20 days. Market experts have issued a consensus target price of $880 for NOW, with varying opinions from analysts at Stifel and Keybanc.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:19 pm

HIMS

Financial analysts have observed a bullish trend in the options market for Hims & Hers Health (NYSE:HIMS), with 80% of trades showing bullish sentiment. The analysis highlighted 10 unusual trades, with a notable preference for puts over calls. The price target for HIMS is set between $10.0 and $17.0 based on significant investor activity. The current market status shows HIMS stock up 1.23% at $15.7, with potential overbought signals from RSI indicators. Earnings are expected in 32 days.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:19 pm

ODFL

Barclays analyst Brandon Oglenski has maintained an Equal-Weight rating on Old Dominion Freight Line (ODFL) and adjusted the price target to $210 from $415, accounting for a 2:1 stock split.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:17 pm

Ford shares are trading higher after the company announced a delay in the launch of its three-row electric vehicles to 2027, alongside an expansion of its hybrid electric vehicle offerings.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:12 pm

GOOG

GOOGL

HUBS

HubSpot Inc (NYSE:HUBS) shares surged after reports that Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is considering an acquisition offer. The news follows HubSpot's reported revenue increase and its anticipation of higher revenues in 2024. HubSpot's stock was briefly halted due to volatility but continued to rise after trading resumed.

Portfolio Pulse from Adam Eckert

April 04, 2024 | 2:09 pm

PYZ

REGL

RPM

RPM International Inc. (NYSE:RPM) reported third-quarter FY24 results with a slight increase in sales and adjusted EPS beating consensus. Despite positive pricing and volume growth in certain segments, challenges like lower DIY consumer takeaway and tough comparables in disaster restoration offset revenue growth. Geographically, sales growth was strongest in emerging markets. Adjusted EBIT rose significantly, and the company returned $210.1 million to stockholders. RPM expects flat sales and an increase in adjusted EBIT for Q4 FY24. RPM shares are down 3.42%. Investors can also gain exposure through PYZ and REGL ETFs.

Portfolio Pulse from Lekha Gupta

April 04, 2024 | 2:02 pm

ALUR

EFTR

KWE

KYCH

TCBP

TVGN

U.S. stocks traded higher with the Dow Jones gaining over 100 points. Real estate shares led gains, while U.S. jobless claims rose to 221,000. TCBP surged 118% after announcing a letter of intent for an acquisition. ALUR jumped 61% following the commercial availability of its Virtual Care Suite and a positive analyst rating. TVGN gained 55% after a new executive appointment. EFTR, KYCH, and KWE saw significant drops due to various company-specific news.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 2:02 pm

AMD

Over the past 5 years, Advanced Micro Devices (NASDAQ:AMD) has significantly outperformed the market, with an annualized return of 45.88%, turning a $1000 investment into $6,308.97. AMD's market capitalization stands at $290.81 billion.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:02 pm