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Stock Prices

BRKR

JP Morgan analyst Tycho Peterson upgraded Bruker (NASDAQ:BRKR) from Neutral to Overweight and increased the price target from $60 to $90.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:59 am

AAPL

META

Apple Inc. announced that its Vision Pro mixed reality headset now features over 1,000 dedicated apps, just 12 days after launch, despite initial returns by early buyers due to various issues. The device, which also supports over 1.5 million compatible apps, is seen as a potential iPad successor. However, it faces stiff competition from Meta Platforms Inc.'s Quest 3 headset, which CEO Mark Zuckerberg claims offers better value and overall product quality.

Portfolio Pulse from Rounak Jain

February 14, 2024 | 10:37 am

SONY

Sony Group's shares are trading higher following the announcement of its Q3 financial results, which surpassed estimates. Additionally, the company has revealed plans to list its financial arm in October 2025.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:30 am

AAPL

The Apple Vision Pro, a $3,500 mixed-reality headset released on Feb. 2, has received mixed reviews. Some users are returning it due to its cumbersome design, disappointing vision quality, and lack of unique experiences. Despite these issues, others praise its advanced technology and potential for future improvements. The debate over its value is intensified by comparisons to Meta's Quest 3 by CEO Mark Zuckerberg and critiques from tech influencers.

Portfolio Pulse from Ananya Gairola

February 14, 2024 | 10:15 am

LAD

Lithia Motors (NYSE:LAD) reported Q4 adjusted EPS of $8.24, meeting analyst estimates but marking an 8.95% decrease from last year. Sales reached $7.67B, missing the $7.95B estimate but showing a 9.79% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:02 am

ABNB

NUKK

QDEL

UPST

Airbnb reported a Q4 revenue increase of 17% to $2.22 billion, beating estimates but posted a loss of 55 cents per share. The company's shares fell 6.1% in pre-market trading. Other stocks like QuidelOrtho, Nukkleus, Upstart Holdings, BlackLine, HUTCHMED, VIZIO, Corsair Gaming, Maplebear, Topgolf Callaway, and MGM Resorts also saw pre-market declines following their financial results or guidance.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 9:55 am

AMZN

Jeff Bezos sold an additional $2.08 billion worth of Amazon (AMZN) shares, now holding a 9.3% stake. The sale was part of a pre-planned divestment strategy, with Bezos aiming to sell up to 50 million shares within the year. This move aligns with his focus shift towards Blue Origin and comes amid a broader market downturn influenced by recent inflation data. Amazon's stock fell 2.15% to $168.64 on Tuesday, reflecting the market's overall weakness.

Portfolio Pulse from Shanthi Rexaline

February 14, 2024 | 9:20 am

SONY

Sony Group Corp (NYSE:SONY) plans to take its financial unit public in October 2025 following a decrease in PS5 sales, which led to a revision of its fiscal year sales forecast. This move reverses a $3.7 billion take-private deal from 2020. Despite strong software sales, hardware disappointments prompted a revenue forecast cut. Additionally, Sony recently acquired Michael Jackson's music catalog for $600 million and saw the PS5 outsell Microsoft's Xbox Series X | S by two to one.

Portfolio Pulse from Benzinga Neuro

February 14, 2024 | 9:06 am

BABA

BIDU

CNYA

EWH

TCEHY

Emerging markets fund manager Mark Mobius sees investment opportunities in the underperforming Chinese and Hong Kong markets, comparing them favorably to India's recent success. He highlights criteria like return on assets and low debt for selecting stocks and believes Chinese investor confidence will return, boosting the markets. Mobius prefers individual stocks over indexes, especially in China and Hong Kong, despite their recent downturns. U.S.-listed Chinese stocks like Alibaba, JD.com, Baidu, and Tencent have been affected by regulatory pressures and market conditions, as have ETFs like the iShares MSCI China A ETF and iShares MSCI Hong Kong ETF.

Portfolio Pulse from Shanthi Rexaline

February 14, 2024 | 8:45 am

CSCO

JBLU

KHC

LPX

The CNN Money Fear and Greed index moved to the 'Greed' zone, indicating a decline in market sentiment. U.S. stocks, including the Dow Jones, closed lower following inflation data release, with the Dow tumbling over 500 points. Inflation eased to 3.1% in January, higher than expected. JetBlue shares surged 21.6% after Carl Icahn disclosed a significant stake. Coca-Cola reported better-than-expected sales. Treasury yields rose, and all S&P 500 sectors closed lower. Investors await earnings from Owens Corning, The Kraft Heinz Company, Cisco Systems, and Louisiana-Pacific Corporation.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 8:16 am