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CCTG

CCSC Technology International Holdings has announced the pricing of its initial public offering (IPO) at $4 per share. The company is offering 1,375,000 shares and expects to raise aggregate proceeds of $5.5 million from the IPO.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 3:03 pm

MKRUSD

Maker (MKR), a cryptocurrency, has seen a 3.03% price increase over the past 24 hours, reaching $2,024.81, despite a 10% decline over the past week from $2,225.67. The coin is currently far from its all-time high of $6,292.31. Trading volume has decreased by 63% over the past week, while the circulating supply has risen by 0.65% to 922 thousand, which is 91.7% of the maximum supply. Maker's market cap is ranked #48 at $1.87 billion.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 3:02 pm

IMXUSD

Immutable's cryptocurrency, IMX, has experienced a 3.45% price drop over the last 24 hours, continuing a weekly decline of 11%. The trading volume has decreased by 47%, and the circulating supply has slightly dropped. Despite this, IMX maintains a market cap ranking of #37, valued at $2.64 billion.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 3:02 pm

AMAT

Applied Materials, Inc. (NASDAQ:AMAT) stock rose 3.2% following Taiwan Semiconductor Mfg. Co. Ltd.'s (TSMC) strong Q4 financial results. TSMC's revenue was $19.62 billion, slightly down year-on-year but above estimates, and EPS was $1.44, surpassing expectations. The semiconductor industry often moves in sympathy with its key players, suggesting increased investor confidence in the sector.

Portfolio Pulse from Henry Khederian

January 18, 2024 | 3:02 pm

NVCR

NovoCure's stock is trading higher following the FDA's acceptance of their PMA application for TTFields therapy to treat non-small cell lung cancer.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 3:02 pm

PYPL

Analysis of PayPal Holdings (NASDAQ:PYPL) options activity reveals a mix of bullish and bearish sentiment among traders, with a slight lean towards bearishness. Unusual trading volume was observed, with 40 significant trades identified, including 2 puts and 38 calls. Whales appear to be targeting a price range of $52.5 to $100.0 for PayPal over the next three months. The largest options trades include both bullish and bearish positions, with varying expiration dates and strike prices. PayPal's current market status shows a neutral RSI and a slight increase in stock price, with an earnings announcement expected in 20 days.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 3:01 pm

OPUSD

Cryptocurrency Optimism (OP) has seen a 4.46% price drop to $3.35 in the last 24 hours, continuing a weekly downward trend with a 14.0% loss. Trading volume decreased by 74.0%, and circulating supply fell by 0.89% to 957.38 million, which is 22.29% of its max supply. Optimism's market cap is ranked #30 at $3.20 billion.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 3:01 pm

AVXL

Anavex Life Sciences (NASDAQ:AVXL) has delivered an average annual return of 28.04% over the past 5 years, outperforming the market by 15.54% annually. A $1000 investment in AVXL 5 years ago would be worth $3,441.86 today. The company's current market capitalization stands at $500.73 million.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 3:00 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) has significantly outperformed the market, with an average annual return of 85.68% over the past 5 years. A $100 investment in SMCI 5 years ago would be worth $2,207.13 today. The company's market capitalization stands at $18.43 billion.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 3:00 pm

EQT

Analysts have diverse opinions on EQT Corporation (NYSE:EQT), with 6 analysts offering ratings in the last three months. The average 12-month price target for EQT is $48.33, up from $47.50, with a high estimate of $53.00 and a low of $39.00. Recent actions include maintaining, raising, and lowering ratings and price targets. EQT is an independent natural gas production company with a focus on the Marcellus and Utica shales. Financially, EQT has a market cap below industry average, a significant revenue decline of -72.73% as of September 30, 2023, a net margin of 8.06%, ROE of 0.62%, ROA of 0.35%, and a debt-to-equity ratio of 0.42.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 3:00 pm