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BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced significant losses on Monday due to a decline in digital asset prices and the escalating conflict in the Middle East. Over 42,778 traders were liquidated, resulting in a total of $114.94 million in liquidations. The largest individual liquidation occurred on Binance, involving the ETH/BUSD pair with a value of $4.53 million. Analysts predict that Bitcoin is likely to start its path towards $30K, while Ethereum and Bitcoin are 'getting slaughtered' with no bounce expected until lower areas are reached.

Portfolio Pulse from Mehab Qureshi

October 10, 2023 | 3:04 am

DAL

LMT

PLTR

TSLA

US stocks showed positive momentum with the Dow Jones surging by nearly 200 points. Lockheed Martin's shares increased by 8.93% amid the ongoing Middle East conflict. Unity Software's stock declined by 1.49% following a CEO transition. Delta Air Lines' shares dropped by 4.65% as flights to Israel were suspended due to the Israel-Hamas conflict. Palantir Technologies saw a 6.02% increase due to heightened focus on security and surveillance. Tesla's stock slightly declined by 0.33% due to reports of slipping sales of China-made EVs.

Portfolio Pulse from Benzinga Neuro

October 10, 2023 | 1:49 am

DPZ

Domino's Pizza Inc (NYSE:DPZ) is offering a free 'emergency' pizza to customers who make a digital online carryout or delivery purchase of $7.99 or more. The offer is available until Feb. 11, 2024. Domino's stock has been down more than 10% from its highs in August. The company is set to release its third-quarter earnings on Thursday, with the Street anticipating revenue of $1.25 billion.

Portfolio Pulse from Aaron Bry

October 09, 2023 | 10:49 pm

BARS: MAGA

Hillary Clinton criticized Donald Trump and his supporters in a recent interview, calling for a 'formal deprogramming of the cult members'. She also criticized the 'Make America Great Again' slogan used by Trump. The slogan became an ETF with the launch of the Point Bridge America First ETF (BARS: MAGA) in 2018. The founder of the MAGA ETF recently announced his support for Florida Gov. Ron DeSantis for the 2024 election race. The ETF is expected to continue to operate whether Trump is in office or picks a new campaign slogan.

Portfolio Pulse from Chris Katje

October 09, 2023 | 10:24 pm

ALGM

IFNNY

STM

WOLF

The increasing competition among China's EV makers is expected to benefit silicon carbide wafer manufacturers, as demand for these wafers is expected to exceed supply for the next one to two years. Major international suppliers such as Wolfspeed, Inc. (NYSE:WOLF), STMicroelectronics N.V. (NYSE:STM), Infineon Technologies AG (OTC:IFNNY), and Allegro Microsystems, Inc. (NASDAQ:ALGM) are seeing increasing demand. Automakers like Li Auto Inc. (NASDAQ:LI), XPeng Inc. (NYSE:XPEV), Nio Inc. (NYSE:NIO), and Tesla Inc. (NASDAQ:TSLA) have adopted SiC wafers, putting upward pressure on prices.

Portfolio Pulse from Daniel Harrison

October 09, 2023 | 10:19 pm

GMM

Global Mofy Metaverse has priced its IPO of 1.20M ordinary shares at $5.00 per share. The shares have been approved for listing on The Nasdaq Capital Market and are expected to start trading on October 10, 2023, under the ticker symbol 'GMM'.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 10:06 pm

GLW

JP Morgan analyst Samik Chatterjee has downgraded Corning (NYSE:GLW) from Overweight to Neutral and lowered the price target from $43 to $36.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 9:50 pm

ATER

PEV

UCAR

During Monday's after-market session, several consumer discretionary stocks saw significant movement. Gainers included Hyatt Hotels (H), Aterian (ATER), Regis (RGS), Worksport (WKSP), SIGNA Sports United (SSU), and BTC Digital (BTCT). Losers included U Power (UCAR), Phoenix Motor (PEV), Chijet Motor Co (CJET), Elys Game Technology (ELYS), FIGS (FIGS), and GigaCloud Tech (GCT).

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 9:32 pm

AKRO

IMUX

ISPC

VTYX

Several healthcare stocks experienced significant movement in Monday's after-market session. Immunic, Akero Therapeutics, Lexicon Pharmaceuticals, Aclarion, Geovax Labs, and 89bio saw their shares increase, while Ventyx Biosciences, iSpecimen, Hyperfine, Scinai Immunotherapeutics, RVL Pharmaceuticals, and Vaccinex experienced a decline in their stock prices.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 9:31 pm

ACHR

ADN

ASTR

AWIN

GWH

LNZA

MESA

MTRX

NCNC

RDW

STRC

ULBI

Several industrial stocks experienced significant movement in Monday's after-market session. Notable gainers included Ultralife (ULBI), noco-noco (NCNC), Advent Technologies Hldgs (ADN), Mesa Air Gr (MESA), Redwire (RDW), and Astra Space (ASTR). On the other hand, Sarcos Technology (STRC), ESS Tech (GWH), AERWINS Technologies (AWIN), Matrix Service (MTRX), Archer Aviation (ACHR), and LanzaTech Global (LNZA) saw declines.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 9:31 pm