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LASE

Laser Photonics shares rose following the release of a concept animation for its CleanTech robotic cell, indicating positive investor sentiment towards the company's innovation.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:45 pm

PRFX

PainReform Ltd. (NASDAQ:PRFX) shares fell 32.1% after announcing a warrant exercise, reducing the exercise price from $4.80 to $1.60 per share, raising $1.58 million. The funds are for general corporate purposes, indicating potential liquidity needs. The company faces uncertainty amid clinical trials.

Portfolio Pulse from Vaishali Prayag

September 10, 2024 | 4:42 pm

LCID

Lucid Group, Inc. showcased its new Gravity electric SUV and teased an upcoming affordable crossover EV at its Technology & Manufacturing Day. The Gravity SUV will feature a NACS charging connector in 2025 and is set to begin production later this year. Lucid also plans to produce a midsize crossover EV by late 2026, priced under $50,000. Despite these announcements, Lucid shares have declined 10% over the past five days.

Portfolio Pulse from Erica Kollmann

September 10, 2024 | 4:41 pm

AAPL

Apple's stock is trading slightly lower following the release of the iPhone 16 series and new wearable devices. Despite the initial dip, analyst Dan Ives projects strong future growth driven by AI features, with a raised price target of $300. However, Apple faces a setback with the EU court's decision on back taxes. Analysts have a mixed outlook, with a 12-month average price target of $250.39.

Portfolio Pulse from Erica Kollmann

September 10, 2024 | 4:40 pm

BABA

Alibaba's U.S.-listed shares rose after its Hong Kong shares were added to China's Stock Connect programs, potentially unlocking $12 billion in investments. This move could boost Alibaba's stock performance, which has been under pressure due to regulatory challenges and economic slowdowns in China.

Portfolio Pulse from Vaishali Prayag

September 10, 2024 | 4:35 pm

AAPL

Apple's recent Glowtime event left analysts with mixed reactions. While some see potential in the iPhone 16 and Apple Intelligence, others believe the real upgrades will come next year. Analysts have varied price targets, with some maintaining a neutral stance. The event's highlights include healthcare features and stable pricing, but the staggered rollout of Apple Intelligence and lack of surprises were noted as negatives.

Portfolio Pulse from Chris Katje

September 10, 2024 | 4:32 pm

PEPEUSD

Neiro, a dog-themed meme coin, has surged 659% in a week following its Binance futures listing. The coin is seeing high trading volumes and interest from market makers like Wintermute. Speculators predict a bright future for Neiro, comparing it favorably to other meme coins like Pepe and Dogwifhat.

Portfolio Pulse from Khyathi Dalal

September 10, 2024 | 4:32 pm

BLD

TopBuild's short interest has decreased by 19.47%, with 732,000 shares sold short, representing 2.44% of its float. This is lower than its peers' average of 6.93%, indicating a more bullish sentiment towards TopBuild compared to its industry peers.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 4:30 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has significantly outperformed the market over the past 5 years, with an annualized return of 31.5%. A $1000 investment in REGN 5 years ago would now be worth approximately $3991.51, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 4:30 pm

KRYS

Krystal Biotech's short interest has decreased by 4.6%, with 16.18% of its float sold short. This is higher than its peers' average of 11.66%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 4:30 pm