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BABA

JD

MTC

MMTec, Inc. (NASDAQ:MTC) shares are rising due to China's Central Bank stimulus measures, which include rate cuts. This has positively impacted other US-listed Chinese stocks like JD.Com and Alibaba. The stimulus aims to boost China's economy, especially during the National Day Golden Week.

Portfolio Pulse from Dylan Berman

October 02, 2024 | 3:34 pm

GE

GE Aero (NYSE:GE) has significantly outperformed the market over the past 5 years, with an annualized return of 35.34%. A $100 investment in GE 5 years ago would now be worth $439.28, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 3:31 pm

GM

An options alert for General Motors (GM) indicates a sweep of 2000 call options at a strike price of $46.5, priced at $0.761, with an open interest of 1087. This activity comes ahead of GM's earnings report on October 22.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:31 pm

CCI

Crown Castle (NYSE:CCI) has delivered an average annual return of 10.52% over the past 20 years, outperforming the market by 2.1% annually. A $1000 investment in CCI 20 years ago would be worth $7,489.89 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 3:31 pm

VIRC

Virco Mfg Inc. (NASDAQ:VIRC) shares are trading at $13.19, with a recent decrease of 0.92%. Despite a 7.75% drop over the past month, the stock has increased by 90.97% over the past year. The company's P/E ratio of 8.17 is lower than the industry average of 515.35, suggesting potential undervaluation or lower growth expectations.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 3:30 pm

CRM

Salesforce shares rise as Northland Capital Markets upgrades the stock to Outperform and increases the price target from $270 to $400.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:25 pm

EBS

Emergent BioSolutions shares rose following the announcement of a $100 million asset-backed loan facility closure.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:21 pm

TIGR

UP Fintech Holding Limited (NASDAQ:TIGR) shares are rising due to China's recent stimulus measures, which include lower interest rates and increased liquidity. These measures are expected to benefit Chinese stocks, including Up Fintech, an online brokerage firm. The stock has surged nearly 100% in the past five sessions.

Portfolio Pulse from Erica Kollmann

October 02, 2024 | 3:20 pm

GLDD

Great Lakes Dredge & Dock shares rose following the announcement of new dredging contracts worth $342.3 million.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:19 pm

LULU

NKE

Lululemon Athletica's shares dipped 0.9% following Nike's weaker-than-expected revenue report, raising concerns about the athletic apparel market. Nike's revenue decline highlights potential challenges for Lululemon, which may face headwinds due to softening consumer demand and macroeconomic pressures.

Portfolio Pulse from Henry Khederian

October 02, 2024 | 3:18 pm