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ADXN

Addex Therapeutics announced its plan to change the ratio of its American Depositary Shares (ADS) from 1 to 6 to an ADS Ratio of 1 to 120, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 2:28 pm

W

Wedbush has maintained an Outperform rating on Wayfair's stock but reduced its price target from $100 to $80. This has led to a decrease in Wayfair's share price.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 2:27 pm

TSEM

Shares of Tower Semiconductor are trading lower due to the ongoing conflict in Israel, the company's home country.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 2:24 pm

BKNG

Booking Holdings shares are trading lower as travel stocks decline amid the Israel-Hamas conflict.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 2:21 pm

AAPL

NVDA

SPY

TSLA

The article discusses the upcoming week's market outlook, focusing on the performance of several stocks and indices. It mentions that the price has entered the weekly bearish imbalance and is approaching the 50% level at 15221. The article also discusses the performance of SPDR S&P 500 (NYSE:SPY), Apple Inc. (NASDAQ:AAPL), Tesla, Inc. (NASDAQ:TSLA), and NVIDIA Corporation (NASDAQ:NVDA). The author suggests that a dollar pullback could lead to more juice for the indices.

Portfolio Pulse from Mando Trading

October 09, 2023 | 2:19 pm

TEVA

Teva Pharmaceutical Industries Ltd's (TEVA) shares are trading lower by 2.7% due to the ongoing conflict in Israel, the company's home country. The conflict could lead to economic disruptions, reduced consumer spending, or changes in government priorities, potentially impacting Teva's sales and profitability. TEVA has a 52-week high of $11.44 and a 52-week low of $7.08.

Portfolio Pulse from Henry Khederian

October 09, 2023 | 2:18 pm

APLD

Applied Digital Corp (NASDAQ:APLD) reported Q1 FY24 results with revenue of $36.3 million, up 425% Y/Y, beating the consensus of $34.6 million. The company also reaffirmed its FY24 guidance. Despite the positive results, APLD shares are trading lower by around 9%.

Portfolio Pulse from Lekha Gupta

October 09, 2023 | 2:17 pm

CCL

Carnival Corp's stock is trading lower due to the ongoing Israel-Hamas conflict, which has caused travel uncertainty and led to U.S. airlines suspending flights to Israel. This situation disrupts the travel ecosystem, potentially making it more difficult for cruise passengers to reach departure points, leading to reduced bookings and lower revenues for Carnival. The instability in the region may deter tourists from planning trips to the Eastern Mediterranean, where Carnival operates routes.

Portfolio Pulse from Henry Khederian

October 09, 2023 | 2:17 pm

BA

A significant bearish stance on Boeing (NYSE:BA) has been observed in the options market. A large position was noticed on publicly available options history. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $150.0 to $300.0 for Boeing over the last 3 months. Wells Fargo, Deutsche Bank, Susquehanna, and Citigroup have maintained their ratings on Boeing with varying price targets.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:16 pm

UBER

A significant bullish stance has been taken on Uber Technologies (NYSE:UBER) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is 70% bullish and 30% bearish. The whales have been targeting a price range from $35.0 to $55.0 for Uber over the last 3 months. The price of UBER is currently down -1.27% at $45.2. Needham has downgraded its action to Buy with a price target of $60.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:16 pm