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BHP

FQVLF

BHP Group Limited (NYSE:BHP) has signed a non-binding sales agreement for potash production from its Canadian mine, aiming to convert these into firm offtakes within 12-18 months. The company is not interested in acquiring the Cobre Panama copper mine from First Quantum Minerals Ltd. (OTC:FQVLF). BHP expects to start production at its Jansen, Saskatchewan mine in late 2026, with a potential to increase global potash supply by approximately 10%. The company also initiated a significant restructuring of its global operations last month.

Portfolio Pulse from Lekha Gupta

March 04, 2024 | 6:17 pm

PDD

Whales have shown a bullish stance on PDD Holdings (NASDAQ:PDD), with options trading indicating a mix of bullish and bearish expectations. Analysis of 71 trades shows a preference for calls over puts, with significant activity aiming for a price range between $50.0 and $180.0. The largest trades include both bearish and bullish sentiments, with notable options expiring between April 2024 and June 2024. PDD Holdings, a multinational commerce group, has seen its stock price slightly increase, with an RSI indicating a neutral position. The company's next earnings report is expected in 14 days.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:17 pm

NFLX

Options market analysis reveals a bearish sentiment towards Netflix (NASDAQ:NFLX), with 71% of trades being bearish. The price target range is between $300 and $800. The most significant trades indicate a focus on strike prices from $600 to $680. Netflix's business model focuses on its streaming service, with a global subscriber base of nearly 250 million. The stock is currently slightly up by 0.19% at $620.5, potentially overbought, with an earnings release anticipated in 43 days. UBS maintains a Buy rating with a target price of $685.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:17 pm

CELH

Celsius Holdings Inc (NASDAQ:CELH) shares are trading higher after Wedbush analyst Gerald Pascarelli reiterated an Outperform rating and raised the price target from $75 to $90. The company reported Q4 earnings per share of $0.17, surpassing the consensus estimate of $0.15, with revenue of $347.43 million beating the estimate of $331.49 million. Despite the stock's over 45% year-to-date increase, the analyst sees limited upside in the share price and removed CELH from the Wedbush Best Ideas List.

Portfolio Pulse from Shivani Kumaresan

March 04, 2024 | 6:13 pm

C

GS

JEPI

JPM

JPST

MS

JPMorgan Chase & Co (NYSE:JPM) has significantly enhanced its corporate finance efficiency by up to 90% through its AI-powered cashflow management tool, Cash Flow Intelligence, now used by 2,500 clients. The bank plans to introduce fees for this service, aiming to generate $1.5 billion in business value from AI by 2023. Competitors like Morgan Stanley, Goldman Sachs, and Citigroup are also utilizing AI in banking operations. JPMorgan's stock rose 1.16% to $187.44.

Portfolio Pulse from Anusuya Lahiri

March 04, 2024 | 6:06 pm

TCON

TRACON Pharma (NASDAQ:TCON) is scheduled to release its quarterly earnings report on March 5, 2024, with an expected EPS of $-0.08. Investors are hopeful for a beat on this estimate and positive guidance for future growth. TRACON's past performance shows a mix of earnings beats and misses, with significant stock price fluctuations following each report. Currently, shares are trading at $0.188, marking an 87.37% decline over the last year, indicating long-term shareholder dissatisfaction.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:03 pm

BNGO

Bionano Genomics (NASDAQ:BNGO) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-0.87. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to varying stock price reactions. Shares are currently trading at $1.25, reflecting a 90.84% decline over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:03 pm

ISPO

Inspirato (NASDAQ:ISPO) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-3.66. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to significant share price drops. Shares are currently trading at $5.25, down 95.07% over the last year, indicating a bearish outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:03 pm

NUWE

Nuwellis (NASDAQ:NUWE) is scheduled to release its quarterly earnings report on 2024-03-05, with analysts expecting an EPS of $-1.39. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat leading to a 4.69% drop. Shares are currently trading at $0.5902, down 90.37% over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:03 pm

RIGL

Rigel Pharmaceuticals (NASDAQ:RIGL) is scheduled to release its quarterly earnings report on Tuesday, 2024-03-05, with analysts estimating an EPS of $-0.03. The company's past earnings performance shows a pattern of beating EPS estimates, leading to varying stock price changes. Shares were trading at $1.55 as of March 01, with a 1.02% increase over the last 52 weeks. Investors are looking for not only an earnings beat but also positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:03 pm