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SITM

SiTime shares fell after Barclays downgraded the stock from Equal-Weight to Underweight.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:59 pm

BABA

PDD

PDD Holdings Inc. (NASDAQ:PDD) shares fell nearly 30% after announcing potential short-term profit sacrifices to stay competitive. Despite strong revenue growth, market concerns arose due to a slowdown in growth rate and warnings of future challenges. The company plans to invest in supply chain efficiency and merchant support, impacting future profits.

Portfolio Pulse from The Bamboo Works

August 27, 2024 | 1:57 pm

MU

TSM

VGT

VTV

Micron Technology is considering acquiring two AUO Corp facilities in Taiwan, following Taiwan Semiconductor's recent acquisition of a plant from Innolux. Micron's stock has gained 52% in the last year, and analysts have a positive outlook with a 12-month price target of $168.56. Investors can gain exposure through Vanguard ETFs.

Portfolio Pulse from Anusuya Lahiri

August 27, 2024 | 1:55 pm

MELI

MercadoLibre Inc. (MELI) experienced a 1.5% increase following a TradePulse Power Inflow alert, indicating a shift from net selling to buying. This suggests rising investor confidence and potential for an uptrend in MELI's stock.

Portfolio Pulse from Finit

August 27, 2024 | 1:55 pm

LFCR

Lifecore Biomedical's shares are experiencing a decline following the release of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:54 pm

LITB

LightInTheBox shares are experiencing an increase in trading activity following the announcement of a new chairman of the board.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:53 pm

GNTX

VOXX

VOXX International shares rise following news of a potential sale, while Gentex acquires 3,152,000 shares at $5 each.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:50 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) has seen unusual options activity, with a mix of bullish and bearish sentiment among investors. The stock is currently down 5.83% at $529.7, and analysts have set varied price targets, with some downgrading their ratings. The options activity suggests a focus on a price range between $435.0 and $700.0.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 1:47 pm

CRWD

CrowdStrike Holdings has seen unusual options activity with a bullish stance from significant investors. Analysts have set high price targets, and the stock is currently trading at $263.36, slightly down. The anticipated earnings release is in one day.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 1:46 pm

AMZN

Market whales have shown a bullish stance on Amazon.com (AMZN) options, with 50% of trades being bullish. The major market movers focus on a price band between $100 and $180. Analysts have set an average price target of $220.8, with some lowering their ratings to 'Outperform'.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 1:46 pm