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CLSK

Recent options trading activity for Cleanspark (NASDAQ:CLSK) indicates a bearish sentiment among big-money investors, with 65% bearish and 35% bullish trades. The options scanner revealed 20 unusual trades, with a notable interest in a price range of $7.5 to $25.0 for CLSK. The company, a bitcoin mining firm, saw its stock price decrease by -2.28%, currently at $16.7. An analyst from HC Wainwright & Co. downgraded the stock to Buy, setting a target price of $14.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 4:31 pm

KKR

Over the past 10 years, KKR & Co (NYSE:KKR) has outperformed the market with an annualized return of 14.88%, turning a $1000 investment into $4,004.62. The company's market capitalization stands at $84.81 billion.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 4:30 pm

PH

Parker Hannifin (NYSE:PH) has significantly outperformed the market over the past 5 years, with an annualized return of 24.65%, turning a $100 investment into $299.15 today. The company's market capitalization stands at $68.06 billion.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 4:30 pm

RIVN

Rivian's stock price has decreased following a downgrade by UBS from Buy to Sell, with a significant reduction in the price target from $24 to $8.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:30 pm

RVSN

Rail Vision's stock price increased following the announcement that the company has been granted European Patent Number EP3138754 for its 'RAIL TRACK ASSET SURVEY SYSTEM.'

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:29 pm

H

Hyatt Hotels Corporation (NYSE:H) shares surged after reporting Q4 earnings and revenue that beat analyst expectations. Adjusted EPS was 64 cents, surpassing the forecast of 39 cents, with revenue at $1.66 billion against the expected $1.61 billion. The company saw a 9.1% increase in system-wide RevPAR and a 5.9% increase in owned and leased hotels RevPAR, attributed to recovery in Greater China and stronger U.S. group demand. Hyatt added 29 new hotels to its portfolio, including six in Greater China through a strategic relationship. The company forecasts a 3% to 5% growth in FY24 system-wide RevPAR and a net room growth of 5.5% to 6%. FY24 net income is expected to be around $560 million, with adjusted EBITDA between $1.175 billion and $1.225 billion. Shares rose 8.84% to $147.52.

Portfolio Pulse from Nabaparna Bhattacharya

February 23, 2024 | 4:21 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for February 23rd, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on a proprietary formula. It offers detailed price level predictions for each asset, suggesting potential short-term movements based on price, volume, and options flow. The memo emphasizes the importance of monitoring these stocks for breakouts or reversals, with a special note on the lack of significant US economic data affecting today's market and highlighting NVIDIA and Meta for institutional positioning.

Portfolio Pulse from RIPS

February 23, 2024 | 4:20 pm

BDRX

Biodexa Pharmaceuticals PLC (NASDAQ:BDRX) announced R&D updates including Phase 1 clinical trial results of MTX110 in diffuse midline glioma (DMG) patients, showing a median overall survival of 16.5 months. A severe adverse event was reported in one patient, deemed unrelated to MTX110. Additionally, inconclusive preclinical results were shared for tolimidone's beta cell proliferation potential. Despite this, Biodexa plans to proceed with an in vivo study and a Phase 2a study in Type 1 diabetes patients. BDRX shares fell 9.08% to $1.40.

Portfolio Pulse from Vandana Singh

February 23, 2024 | 4:18 pm

CHPT

ChargePoint Holdings (NYSE:CHPT) has seen a 12.58% decrease in short interest, now at 21.82% of float with 85.10 million shares shorted. It takes approximately 4.96 days to cover these short positions. This change may indicate shifting market sentiment towards CHPT, as short interest can reflect investor outlook. CHPT's short interest is significantly higher than its peer group average of 9.09%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 4:15 pm

TGT

Target's (NYSE:TGT) short interest has decreased by 11.8%, now representing 1.57% of its float, indicating a more bullish sentiment among traders. With a peer average of 4.21% in short interest, Target stands below its peers, suggesting a relatively positive market sentiment towards the company.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 4:15 pm