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LI

Shares of Li Auto Inc (NASDAQ:LI) are trading lower by 2.5% due to the ongoing crisis with China Evergrande Group. The crisis has led to decreased consumer confidence in China, potentially affecting Li Auto's sales and revenue. Additionally, the crisis could cause supply chain disruptions and increased costs for Li Auto. China Evergrande Group's stock has been suspended in Hong Kong amid reports of police surveillance on its chairman.

Portfolio Pulse from Henry Khederian

September 28, 2023 | 3:05 pm

BABA

Alibaba Group Holding Ltd (NYSE:BABA) shares are trading lower due to the ongoing crisis with China Evergrande Group. The crisis has raised concerns about economic stability in China, which could impact Alibaba's revenue growth and lead to tighter regulatory oversight. Alibaba has already been under increased regulatory scrutiny in China.

Portfolio Pulse from Henry Khederian

September 28, 2023 | 3:04 pm

MU

NVDA

Micron Technology Inc (NASDAQ:MU) has guided for a wider than expected first-quarter loss, causing its shares to drop 2.4%. The company is working to become a supplier to Nvidia Corporation (NASDAQ:NVDA), a leader in the AI market. Micron's fourth quarter revenue topped estimates but still marked a 40% drop due to a security review by China's Cyberspace Administration. The company expects a positive gross margin in the second half of fiscal 2024.

Portfolio Pulse from Upwallstreet

September 28, 2023 | 3:03 pm

NKE

Nike Inc. (NYSE:NKE) is expected to report Q1 financial results on Sept. 28, 2023. Analysts predict a decrease in earnings per share from 93 cents to 70 cents and a drop in revenue from $12.69 billion to $12.26 billion. Several analysts have revised their ratings and price targets for Nike, with most maintaining an Overweight rating but reducing their price targets.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 3:03 pm

VSME

Trading of VS Media shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 3:03 pm

AVTR

Avantor (NYSE:AVTR) has received a mix of bullish and indifferent analyst ratings in the last quarter, with an average 12-month price target of $23.64, representing a 6.38% decrease from the previous average price target of $25.25.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:01 pm

IOBT

Over the past 3 months, 4 analysts have published their opinion on IO Biotech (NASDAQ:IOBT) stock. The average price target is $8.25, a 25.0% decrease from the previous average price target of $11.00. The analysts' ratings are generally bullish.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:00 pm

COO

Cooper Companies (NASDAQ:COO) has received 5 analyst ratings in the last quarter, with 3 being bullish, 1 somewhat bullish, and 1 indifferent. The average 12-month price target for the company is $424.0, an increase of 2.05% from the previous average of $415.50.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:00 pm

WAT

Waters Corporation (NYSE:WAT) has received indifferent ratings from 5 analysts in the last quarter, with an average 12-month price target of $277.6, representing a 3.16% decrease from the previous average price target of $286.67.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:00 pm

SOLUSD

Solana's (CRYPTO: SOL) price has increased by 3.5% over the past 24 hours to $19.49, despite a 0.0% loss over the past week. The coin's all-time high is $259.96. The trading volume for the coin has decreased by 35.0% over the past week, while the overall circulating supply of the coin has increased by 0.04% to over 412.71 million. The current market cap ranking for SOL is #10 at $8.02 billion.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:00 pm