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NVO

Novo Nordisk (NYSE:NVO) has significantly outperformed the market over the past decade, with an annualized return of 18.96%. A $1000 investment in NVO 10 years ago would now be worth $5,673.02. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 6:30 pm

BCTX

CURV

LQDA

PCT

RTO

TBIO

The Nasdaq Composite surged over 200 points, driven by a rise in information technology shares. PureCycle Technologies, BriaCell Therapeutics, and Liquidia Corporation saw significant stock price increases due to positive company announcements. Conversely, Telesis Bio, Rentokil Initial, and Torrid Holdings experienced sharp declines following negative news. U.S. crude oil inventories rose slightly less than expected.

Portfolio Pulse from Avi Kapoor

September 11, 2024 | 6:30 pm

NVDA

TSM

Nvidia CEO Jensen Huang acknowledges rising tensions among customers due to high demand and limited supply of Blackwell chips. Nvidia relies on TSMC for production but may consider alternatives if geopolitical tensions escalate.

Portfolio Pulse from Erica Kollmann

September 11, 2024 | 6:28 pm

AMD

AMZN

IVV

NVDA

ORCL

VTI

AMD is gaining traction in the AI chip market, with Oracle acknowledging its progress. AMD is shifting focus from premium gaming GPUs to mainstream and mid-range GPUs, and has hired Nvidia's Keith Strier to lead its AI vision. Analysts see opportunities for AMD and Nvidia due to partnerships like Oracle and Amazon's. AMD's data center GPU revenue is projected to grow by $5 billion this fiscal year.

Portfolio Pulse from Anusuya Lahiri

September 11, 2024 | 6:26 pm

BFI

BurgerFi International shares are declining following the company's announcement of filing for Chapter 11 bankruptcy.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 6:24 pm

ALB

LAC

SQM

Citi forecasts a 20-25% increase in lithium prices over the next 2-3 months due to supply curtailment and short covering. This could impact companies involved in lithium production and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 6:18 pm

NNE

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares surged after announcing a partnership with GNS to develop a transportation system for HALEU nuclear fuel. This agreement aims to enhance safety and efficiency in nuclear fuel transport, aligning with regulatory standards. Additionally, NNE will be included in the Russell 3000 Index.

Portfolio Pulse from Nabaparna Bhattacharya

September 11, 2024 | 6:18 pm

DIS

NFLX

New internet traffic data shows Netflix leading the streaming sector with significant year-over-year growth, while Disney also sees positive trends despite slight declines. Both companies outperform competitors like YouTube TV and HBO Max. Netflix's growth is supported by future initiatives in live sports and potential price hikes, while Disney plans a price increase for its streaming bundle.

Portfolio Pulse from Chris Katje

September 11, 2024 | 6:13 pm

KRYS

Krystal Biotech shares rose following Stifel's decision to maintain a Buy rating and increase the price target to $220.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 6:11 pm

MDJH

MDJM shares fell following the announcement of a $2.45 million private placement, issuing 2,722,224 units at $0.90 each.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 6:09 pm