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AMPH

AMRX

OGN

PRGO

TEVA

VTRS

JP Morgan has shown interest in the specialty pharma sector, highlighting Teva and Organon. The sector shows stability with modest growth, and valuations have recovered. JP Morgan maintains a Neutral rating on Teva and Viatris, an Overweight rating on Perrigo and Amphastar, and adjusts ratings for Amneal and Organon.

Portfolio Pulse from Vandana Singh

September 06, 2024 | 5:46 pm

AVGO

DIA

IWM

NVDA

QQQ

SMCI

SOXX

SPY

The U.S. stock market experienced a significant downturn due to disappointing August jobs data, with major indices dropping over 1%. The Nasdaq 100 faced its worst week in two years, heavily impacted by a slump in semiconductor stocks. The iShares Semiconductor ETF and Nvidia saw notable declines. Investors moved towards cash and bonds, while commodities and cryptocurrencies also suffered losses.

Portfolio Pulse from Piero Cingari

September 06, 2024 | 5:46 pm

DPRO

HC Wainwright & Co. has maintained a Buy rating on Draganfly (NASDAQ:DPRO) and adjusted its price target to $7 following a 1-25 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 5:43 pm

BCYC

PFE

RBC Capital initiated coverage on Bicycle Therapeutics (BCYC) with an Outperform rating, highlighting its lead cancer candidate Zelenectide's potential in oncology. The drug shows promise in metastatic urothelial cancer with fewer adverse events compared to Pfizer's Padcev. RBC sees a $2 billion peak sales potential by 2033 and notes additional opportunities in other solid tumors. Bicycle's strong pipeline and financial position further support its growth prospects.

Portfolio Pulse from Vandana Singh

September 06, 2024 | 5:37 pm

COIN

Coinbase Global shares are trading lower despite Barclays upgrading the stock from Underweight to Equal-Weight and lowering its price target from $206 to $169. The decline may be due to overall market weakness and a drop in Bitcoin prices.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 5:36 pm

ASTS

CMCSA

DIS

GOOGL

META

PARA

RBLX

SIRI

TTWO

VZ

The article highlights unusual options activity for several communication services stocks, indicating potential trading opportunities. Notable movements include bearish sentiment for META, RBLX, ASTS, CMCSA, PARA, TTWO, VZ, and DIS, while GOOGL and SIRI show bullish sentiment.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 5:35 pm

AMZN

ANF

BABA

ETSY

H

PDD

RIVN

TSLA

TXRH

VFS

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like TSLA, AMZN, BABA, PDD, RIVN, VFS, H, ETSY, ANF, and TXRH. These trades indicate varying market sentiments, with some bullish and others bearish.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 5:35 pm

AAPL

AI

AMD

DOCN

MSTR

NVDA

ON

ORCL

PLTR

QCOM

The article highlights unusual options activity in the Information Technology sector, focusing on whale alerts for stocks like NVDA, AMD, AAPL, DOCN, AI, QCOM, ORCL, ON, PLTR, and MSTR. These activities can indicate potential trading opportunities due to significant market movements.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 5:35 pm

SNOW

Significant bearish options activity has been detected for Snowflake (NYSE:SNOW), with 65% of trades being bearish. This suggests potential downward pressure on the stock. Analysts maintain positive ratings with an average target price of $171.6.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 5:31 pm

IOT

Samsara Inc. (NYSE:IOT) stock surged after the company reported strong Q2 financial results, surpassing expectations and raising its fiscal year guidance. The company reported an adjusted EPS of 5 cents, beating the 1 cent estimate, and revenue of $300.20 million, exceeding the $289.54 million estimate. Samsara also raised its FY25 revenue and EPS guidance, leading to a 15.8% increase in its stock price.

Portfolio Pulse from Dylan Berman

September 06, 2024 | 5:30 pm