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The 'Jeo Boden' meme coin, inspired by a humorous misspelling of U.S. President Joe Biden's name, surged 252% in value on the Solana blockchain, leading to a broader interest in meme coins including Dogecoin and Shiba Inu. This trend coincides with Bitcoin reaching new price highs, indicating a growing interest in cryptocurrency investments. A notable investor, Barkery, turned a $260 investment into $423,000 by trading BODEN tokens.

Portfolio Pulse from Murtuza Merchant

March 14, 2024 | 4:47 pm

AAPL

SPY

TSLA

USO

The article discusses the current financial market trends, highlighting hotter Producer Price Index (PPI) data indicating higher inflation at the producer level than expected, and declining retail sales suggesting weakening consumer spending. It mentions the positive early trade money flows in several major tech companies and ETFs, while Tesla and NVIDIA experience negative flows. The International Energy Agency predicts an oil supply deficit throughout 2024, contrary to previous surplus expectations. The article advises investors to consider a more defensive position within the protection band to balance market crosscurrents.

Portfolio Pulse from The Arora Report

March 14, 2024 | 4:47 pm

PBM

Psyence Biomedical shares are trading higher following the Indiana legislature's decision to send a bill to the governor that includes funding for psilocybin clinical research trials.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 4:46 pm

RTX

Options market activity for RTX (NYSE:RTX) shows a bearish sentiment among investors, with 68% of trades being bearish. The trading activity suggests an expected price range of $70.0 to $120.0 for RTX in the next three months. RTX, a major aerospace and defense company, is currently trading at $91.6, up 1.15%, with an RSI indicating it may be approaching overbought territory. An analyst from Wells Fargo has upgraded RTX to Overweight with a price target of $120.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:45 pm

PG

Recent options trading trends indicate a bearish stance on Procter & Gamble (NYSE:PG) by big-money investors, with a split sentiment of 44% bullish and 55% bearish. The trading activity focuses on a price band between $110.0 and $185.0. The largest trades include both bullish and bearish calls and puts, with significant open interest and volume in specific strike prices. Procter & Gamble, a leading consumer product manufacturer, has a current stock price of $162.3, with neutral RSI indicators and expected earnings release in 36 days. Analysts have mixed opinions, with an average target price of $171.5.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 4:45 pm

NTNX

WIT

Wipro Limited (NYSE:WIT) shares rose after announcing an agreement with Desjardins to modernize consumer banking services using its NetOxygen platform. The deal involves integrating Desjardins' loan origination systems into one platform, aiming to enhance customer experience and efficiency. Additionally, Wipro expanded its partnership with Nutanix, Inc. (NASDAQ:NTNX) to launch a new business unit. Despite these developments, Wipro reported a 1.4% decline in Q4 FY23 gross revenue, with IT services revenue down 2.1% Q/Q.

Portfolio Pulse from Lekha Gupta

March 14, 2024 | 4:41 pm

NVDA

NVIDIA shares are trading lower due to a pullback in the tech sector following the release of February's Producer Price Index (PPI) data. Additionally, a blog post from March 11 comparing NVIDIA's H100 to Intel's Gaudi 2 has been circulating on social media, potentially influencing investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 4:38 pm

IMRX

Immuneering Corporation (NASDAQ:IMRX) announced positive topline results from the Phase 1 trial of IMM-1-104 for treating advanced RAS-mutant solid tumors. The trial showed promising efficacy and safety profiles, with significant lesion regression and no new acquired alterations in RAS or MAPK pathway genes. Immuneering has selected a 320mg dose for the Phase 2a study, with initial Phase 2a data expected in 2024. Despite the positive news, IMRX shares dropped 44.80% to $3.25.

Portfolio Pulse from Vandana Singh

March 14, 2024 | 4:36 pm

DOGE

MYRO

SHIB

Myro (CRYPTO: MYRO), dubbed the 'Shiba Inu of Solana', surged 31% in 24 hours, reaching a new all-time high of $0.4378 and a market cap over $400 million. This follows recent listings on Uphold and SunCrypto, and a positive outlook from analysts and traders. Comparatively, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) saw gains of 8.5% and 2.5% respectively. Traders predict further significant growth for Myro, with technical analysis suggesting a potential rise to $2.17.

Portfolio Pulse from Khyathi Dalal

March 14, 2024 | 4:35 pm

UNH

UnitedHealth Group's subsidiary Change Healthcare has restored its pharmacy network after a cyberattack by the 'Blackcat' ransomware gang. The attack disrupted the U.S. healthcare infrastructure, leading to at least six class action lawsuits against UnitedHealth for negligence and privacy law violations. Despite restoring over 99% of pre-incident claim volume, the company faces ongoing legal challenges and a federal investigation. UNH shares slightly dropped by 0.13% to $487.36.

Portfolio Pulse from Vandana Singh

March 14, 2024 | 4:34 pm