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OPTT

Ocean Power Technologies has filed with the SEC to offer a mixed shelf of up to $100 million. This move allows the company to potentially raise capital through the sale of various types of securities.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 9:09 pm

CCOEY

SONY

Capcom ADR (OTC:CCOEY) has confirmed plans to continue producing remakes of the Resident Evil series after the success of previous remakes. The next title for a remake has not been announced. Resident Evil 4 remake director Yasuhiro Anpo spoke at a Sony Group Corp. (NYSE:SONY) event about the positive reception of remakes and the company's intent to make more. Potential remake candidates include Resident Evil Code: Veronica and others. Capcom also committed to using its RE Engine for future projects, highlighting development speed and team collaboration benefits.

Portfolio Pulse from Franca Quarneti

December 01, 2023 | 9:08 pm

JPM

Bill Ackman has suggested JPMorgan Chase CEO Jamie Dimon as a potential presidential candidate. Dimon, while not running, shared hypothetical first 100 days plans, including a bipartisan Cabinet and addressing issues like education, immigration, and the wealth gap. He also mentioned eliminating the carried interest tax loophole. Dimon has been critical of the current state of the U.S. and expressed support for Nikki Haley. Rumors of Dimon's retirement were sparked by an insider filing, hinting at a possible generous bonus if he leaves for a government job before 2026.

Portfolio Pulse from Chris Katje

December 01, 2023 | 9:05 pm

DIA

IWM

QQQ

SPY

US stock indices ended the trading session on a positive note as investor sentiment was buoyed by the anticipation that the Federal Reserve may not implement further interest rate hikes.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 9:03 pm

LPLA

Over the past 3 months, 9 Wall Street analysts have provided ratings for LPL Financial Holdings (NASDAQ:LPLA), with 5 being somewhat bullish and 4 indifferent. The average price target is $266.67, suggesting an upside from the current price of $221. The target has increased by 3.76% over the past month. Analysts' ratings are based on company data, financial statements, and insider information.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

UNP

Over the past 15 years, Union Pacific (NYSE:UNP) has delivered an average annual return of 15.91%, outperforming the market by 4.52% annually. A $100 investment in UNP 15 years ago would be worth $976.46 today. Union Pacific currently has a market cap of $141.33 billion.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

TTD

Trade Desk (NASDAQ:TTD) has significantly outperformed the market with an average annual return of 38.62% over the past 5 years. An initial investment of $1000 in TTD stock would now be worth $4,825.38. The company's current market capitalization stands at $35.14 billion.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

KFY

Korn Ferry (NYSE:KFY) has received 4 analyst ratings in the last quarter, with 2 bullish and 2 indifferent. The average price target is $57.5, representing an upside from the current price of $51.74. This is a decrease from the previous average price target of $59.00. Analysts rate stocks based on future earnings potential and company risk, typically updating their ratings quarterly or after significant company events.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

BKNG

Options trading activity for Booking Holdings (NASDAQ:BKNG) indicates a bearish sentiment among financial whales, with 65% of the unusual trades being bearish. Analysis of 35 trades revealed a price target range of $1880 to $4100 over the next three months. The largest options spotted include bearish calls and neutral to bullish puts with various expiration dates and strike prices. Booking Holdings, a major online travel agency, is currently trading at $3125.7 with a volume of 142,380 and may be overbought according to RSI readings. The next earnings release is expected in 83 days.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:45 pm

LECO

Lincoln Electric has introduced Velion DC Fast Chargers, expanding its product offerings into the electric vehicle charging market. This move represents the company's entry into a growing industry, leveraging its expertise in electrical technology to provide new solutions for EV infrastructure.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 8:36 pm