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BABA

BIDU

BYDDF

CTRYF

EGRNF

China's property market turmoil continues to impact the stock market, with Country Garden Holdings and China Evergrande Group seeing declines. However, Sunac China Holdings managed to restructure its debt and saw a 1% increase. The Chinese government is planning to attract more investors by raising the foreign ownership cap on stocks and encouraging domestic travel to boost the economy. Despite the property market issues, investment managers are attracted to deep discounts in the consumer and tech sector in China, with stocks such as Alibaba, Baidu, and BYD Company Limited gaining attention.

Portfolio Pulse from Daniel Harrison

September 28, 2023 | 1:40 pm

WDAY

Workday Inc's shares are trading lower after the company lowered its longer-term annual subscription growth guidance. This led to several analysts cutting their price targets on the stock. The company's annual subscription revenue growth target was lowered from more than 20% to a range of 17% to 19%.

Portfolio Pulse from Adam Eckert

September 28, 2023 | 1:38 pm

Micron Technology Inc's shares are trading lower following the company's Q4 financial results. Despite beating revenue and EPS estimates, the company's weak earnings outlook for the fiscal first quarter seems to be negatively impacting the stock. Analysts from Citigroup, Baird, and Rosenblatt have reiterated their ratings, with price targets ranging from $65 to $100.

Portfolio Pulse from Adam Eckert

September 28, 2023 | 1:28 pm

MRMD

MariMed's CEO, Jon Levine, discussed the evolving Illinois cannabis market at the Benzinga Cannabis Capital Conference. He acknowledged increased competition in Illinois but remained confident in MariMed's brand strength and quality. Levine also highlighted the potential impact of rescheduling cannabis, stating it would significantly benefit the industry by reducing taxes and promoting profitability. He encouraged investors to consider MariMed's financials, stating their stock is undervalued compared to competitors.

Portfolio Pulse from Nicolás Jose Rodriguez

September 28, 2023 | 1:23 pm

AAPL

Apple Inc.'s 16-inch 2021 MacBook Pro with M1 Max chip is now available at a discount of $1,900 on B&H Photo. The deal applies to both the Silver and Space Gray color options of the maxed-out version with 64GB of RAM and a 4TB SSD. The MacBook Pro, launched in late 2021, is one of the most powerful Mac notebooks from Apple, despite the release of the M2 series.

Portfolio Pulse from Rounak Jain

September 28, 2023 | 1:16 pm

STZ

Constellation Brands's (NYSE:STZ) short percent of float has fallen 17.39% since its last report, with 1.34 million shares sold short, which is 0.76% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Constellation Brands has less short interest as a percentage of float, with an average of 3.93%.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 1:15 pm

OKE

ONEOK's (NYSE:OKE) short percent of float has fallen 16.29% since its last report, with 17.71 million shares sold short, which is 3.7% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, ONEOK's short interest as a percentage of float is higher than its peer group average of 3.68%.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 1:15 pm

PWR

Quanta Services's (NYSE:PWR) short percent of float has fallen 3.32% since its last report, with 3.72 million shares sold short, which is 2.91% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Quanta Services has less short interest.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 1:15 pm

AAPL

CORN

GLD

GME

NVDA

QQQ

RIVN

TSLA

The article lists the top 10 trending stocks on WallStreetBets as of September 28, 2023. The stocks mentioned include AAPL, AI, CORN, CSE:OIL, GLD, GME, NVDA, QQQ, RIVN, and TSLA.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:12 pm

HEPS

Hepsiburada (NASDAQ:HEPS), a Turkish e-commerce platform, has announced the purchase of 4,615,384 Class B ordinary shares from TurkCommerce for $5,732,306.93, at a price per share of $1.242. This represents a discount of 10% over the official closing price on Nasdaq of one Hepsiburada American Depositary Share (ADS) on September 27, 2023. The payment will be made by offsetting the $3,975,000 settlement contribution amount owed by TurkCommerce to Hepsiburada and a cash payment of $1,757,306.93. The transaction is expected to close on October 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:08 pm