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CEG

DUK

NEE

UTES

VST

XLU

Utilities are outperforming the S&P 500, driven by AI adoption. Vistra Corp and Constellation Energy are leading the charge with significant stock gains, leveraging nuclear energy for AI data centers. Utilities are becoming a growth story, with ETFs like UTES benefiting from this trend.

Portfolio Pulse from Surbhi Jain

September 30, 2024 | 7:41 pm

UAVS

AgEagle Aerial Systems (UAVS) stock plummeted by 65.2% to 9 cents after announcing a $6.5 million public offering of 26.9 million units at 24 cents per unit. The offering includes shares or pre-funded warrants and additional warrants for further stock purchases. Proceeds will be used to repay debt and for general corporate purposes. The transaction is expected to close around October 1.

Portfolio Pulse from Henry Khederian

September 30, 2024 | 7:39 pm

ABNB

CCL

Airbnb shares are trading lower, potentially influenced by Carnival Corporation's Q3 earnings report. Despite Carnival's strong revenue growth, its Q4 EPS guidance was below expectations. Additionally, Airbnb faces an Underweight rating from Cantor Fitzgerald and rising short interest.

Portfolio Pulse from Vaishali Prayag

September 30, 2024 | 7:37 pm

Boeing shares are experiencing a decline as machinists have rejected the company's offer, leading to a strike.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 7:31 pm

CRWD

Investors with significant capital have taken a bearish stance on CrowdStrike Holdings (NASDAQ:CRWD), as observed through unusual options activity. Benzinga's options scanner detected 56 uncommon trades, with 51% being bearish. The trading activity suggests a focus on a price range between $110 and $570. Currently, CRWD's stock is down by 2.3% at $279.3, with RSI readings indicating potential overbought conditions.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 7:30 pm

TEVA

Teva Pharmaceutical Indus (NYSE:TEVA) has outperformed the market over the past 5 years with an average annual return of 20.77%, resulting in a $1000 investment growing to $2,544.03. The company's market capitalization is $19.95 billion.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 7:30 pm

PDD

PDD Holdings (NASDAQ:PDD) has significantly outperformed the market over the past 5 years, with an average annual return of 32.26%. A $1000 investment in PDD 5 years ago would now be worth $4,096.51, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 7:30 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, experienced a downturn as September ended. Despite record inflows into Bitcoin ETFs, prices fell, with Bitcoin down 3.6% and Dogecoin down 7.2%. Traders are divided on future price movements, with some predicting a bullish reversal and others anticipating further declines.

Portfolio Pulse from Khyathi Dalal

September 30, 2024 | 7:26 pm

CCL

RCL

Royal Caribbean Cruises (RCL) shares fell by 2.2% due to Carnival Corp's (CCL) weaker-than-expected fourth-quarter guidance, despite Carnival's strong Q3 results. This has raised concerns about the cruise industry's profitability amid rising costs and economic uncertainty.

Portfolio Pulse from Henry Khederian

September 30, 2024 | 7:21 pm

AAP

STLA

Advance Auto Parts (AAP) shares dropped 5.3% due to weak guidance from Stellantis, impacting the auto sector. Stellantis revised its fiscal 2024 guidance, affecting automakers like GM and Ford. This signals potential challenges for the automotive and aftermarket parts industries.

Portfolio Pulse from Henry Khederian

September 30, 2024 | 7:17 pm