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QCOM

STM

Qualcomm and STMicroelectronics have announced a strategic collaboration to enhance AI-powered IoT solutions. This partnership aims to integrate Qualcomm's AI wireless connectivity with STMicroelectronics' microcontroller ecosystem. Despite recent stock declines for STMicroelectronics due to sector weaknesses, Qualcomm has shown growth, particularly in automotive and IoT sectors.

Portfolio Pulse from Anusuya Lahiri

October 01, 2024 | 4:49 pm

EIS

SPY

USO

Iran has launched a missile attack on Israel, which could have significant geopolitical and economic implications. This event may impact various sectors, including energy and defense, and could lead to increased volatility in related markets.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 4:47 pm

GOOGL

Deep-pocketed investors have shown a bearish sentiment towards Alphabet (GOOGL) through options trading, with 41% of the activity being bearish. The options activity is unusually high, suggesting potential significant movements in GOOGL's stock price. Analysts have mixed ratings, with price targets ranging from $170 to $200.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 4:46 pm

MPC

Marathon Petroleum (NYSE:MPC) has seen significant options trading activity, with a total of over $1.4 million in trades detected. Investors are targeting a price range of $165 to $170. Analysts have mixed ratings, with price targets ranging from $145 to $193. The stock is currently trading at $164.79, up 1.15%.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 4:46 pm

EIS

ISRA

SPY

USO

Israeli media reports that Iran has launched over 100 missiles at Israel, escalating tensions in the region.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 4:44 pm

AAPL

Apple shares are experiencing a decline following Barclays' report that iPhone orders for the December quarter have been reduced at a Taiwanese supplier.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 4:42 pm

LBO

PSP

T

TPG

TPG Inc. (NASDAQ:TPG) and GIC are acquiring Techem Group for $7.5 billion, with the transaction expected to close in the first half of 2025. TPG Rise Climate, a subsidiary of TPG, is leading the acquisition, marking its largest transaction to date. The deal aims to expand Techem's operations across Europe and beyond. TPG shares are trading lower following the announcement.

Portfolio Pulse from Lekha Gupta

October 01, 2024 | 4:40 pm

MU

Cantor Fitzgerald analyst C J Muse reiterated an Overweight rating for Micron Technology (NASDAQ:MU) with a $150 price target, highlighting the company's high-margin products and AI-driven market expansion. Muse emphasized Micron's strong performance in the Data Center sector and its shift to higher-value solutions like HBM3E 12-high products. Despite concerns about bit oversupply, Muse is optimistic about Micron's future growth and profitability.

Portfolio Pulse from Anusuya Lahiri

October 01, 2024 | 4:38 pm

EIS

ISRA

The Israeli military has reported that missiles were launched from Iran into Israel. This development could have geopolitical implications and may affect markets related to Israel and the broader Middle East region.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 4:34 pm

APO

Apollo Global Management shares rose following the presentation of its business priority plans and new five-year financial targets at its investor day.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 4:34 pm