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ASPI

ASP Isotopes has announced a private placement of 9 million shares at a price of $0.9105 per share, raising approximately $8 million. This has led to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 2:16 pm

TSLA

Tesla Inc's shares are trading lower due to reports of a decrease in the company's China-made EV sales. The company sold 74,073 China-made vehicles in September, marking a 10.9% YoY decrease. Model 3 and Model Y sales were down 12% from August to September. This news follows Tesla's disappointing Q3 production and delivery numbers. Wells Fargo analyst Colin Langan maintained Tesla with an Equal-Weight rating and lowered the price target from $265 to $260.

Portfolio Pulse from Adam Eckert

October 09, 2023 | 2:11 pm

TSLA

Tesla's shares are trading lower due to a report indicating a decrease in the company's China-made EV sales in September.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 2:11 pm

EIS

SPY

USO

Rocket sirens were heard in Jerusalem, according to a Reuters witness. The news may have implications for ETFs such as EIS (iShares MSCI Israel ETF), SPY (SPDR S&P 500 ETF Trust), and USO (United States Oil Fund).

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 2:05 pm

JPM

A significant bearish stance has been taken on JPMorgan Chase (NYSE:JPM) by a large investor, as indicated by unusual options trades. The sentiment among these big-money traders is 40% bullish and 60% bearish. The whales have been targeting a price range from $143.0 to $155.0 for JPMorgan Chase over the last 3 months. The current price of JPM is $144.28, down by 0.57%. Analysts from Morgan Stanley and Oppenheimer maintain their Overweight and Outperform ratings on JPMorgan Chase respectively, while RBC Capital downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:02 pm

NFLX

A large investor has taken a bearish stance on Netflix (NASDAQ:NFLX), with 66% of big-money traders also showing bearish sentiment. The investor's options trades suggest a target price range of $370 to $430 for Netflix over the next three months. Several experts have downgraded their actions on Netflix, with price targets ranging from $293 to $525. The company's next earnings are expected in 9 days.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:02 pm

HSY

Hershey Co.'s stock (NYSE:HSY) has experienced a significant decline, falling below the $200 level, marking its steepest decline in nearly two years. The stock was on an upward trend with a 20% increase until May but is now down 15% for the year. The breach of the $200 support level has raised concerns among investors. However, the weekly 200 simple moving average, a technical indicator, could potentially support the stock price as it has done in the past.

Portfolio Pulse from Zaheer Anwari

October 09, 2023 | 2:02 pm

QCOM

Over the past 20 years, Qualcomm (NASDAQ:QCOM) has outperformed the market by 1.03% on an annualized basis, producing an average annual return of 8.3%. If an investor had bought $100 of QCOM stock 20 years ago, it would be worth $501.09 today.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:01 pm

AYX

Over the last quarter, Alteryx (NYSE:AYX) has received a mix of bullish and indifferent ratings from 14 analysts. The company's average 12-month price target is $49.86, representing a 22.97% decrease from the previous average price target of $64.73.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:01 pm

CRDO

Credo Technology Group (NASDAQ:CRDO) has received six analyst ratings in the last quarter, with three being bullish, one somewhat bullish, one indifferent, and one somewhat bearish. The average price target is $18.33, compared to the current price of $16.96, implying an upside. The average price target has increased by 14.56% over the past month.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:00 pm