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BTCUSD

TradeTheFlow, a crypto researcher, highlights an unusual cycle in the crypto market where Bitcoin continues to dominate, deviating from the typical sequence where altcoins gain traction. The analyst suggests a more strategic approach to altcoin investment as the market matures.

Portfolio Pulse from Khyathi Dalal

September 03, 2024 | 4:37 pm

DYN

SRPT

Dyne Therapeutics' stock dropped significantly after releasing new data from its Phase 1/2 DELIVER trial for DYNE-251, a drug for Duchenne muscular dystrophy. Despite showing higher dystrophin expression levels compared to Sarepta's EXONDYS 51, the stock fell by 31.90%.

Portfolio Pulse from Vandana Singh

September 03, 2024 | 4:37 pm

GCT

GigaCloud Technology shares rose following the announcement of a $46 million share repurchase plan over the next year.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 4:37 pm

BIDU

IWF

NVDA

VGT

Nvidia continues to dominate the AI chip market despite challenges from Huawei, which struggles with its software platform. Nvidia's stock has surged 146% in the past year, though it recently traded down 7.65%. Investors can access Nvidia through ETFs like VGT and IWF.

Portfolio Pulse from Anusuya Lahiri

September 03, 2024 | 4:32 pm

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) shares rose after CEO Charles Liang addressed concerns over a short seller report and delayed annual report, assuring stakeholders that operations remain unaffected. Liang refuted claims in the Hindenburg report and expressed confidence in the company's financial integrity. Despite the stock's rise, it remains below its 50-day moving average.

Portfolio Pulse from Erica Kollmann

September 03, 2024 | 4:32 pm

AVGO

NVDA

Broadcom Inc. (NASDAQ:AVGO) shares are down as the company prepares to report its Q3 earnings. Analysts expect an EPS of $1.20 and revenue of $12.96 billion. The stock is also influenced by Nancy Pelosi's investment and the semiconductor sector's pressure, notably from Nvidia's sell-off. Technical analysis suggests a potential bullish reversal.

Portfolio Pulse from Vaishali Prayag

September 03, 2024 | 4:31 pm

C

The options market shows a bearish sentiment towards Citigroup, with 60% of trades being bearish. Significant investors are targeting a price range of $40 to $65. The stock is currently trading at $61.84, down 1.29%.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 4:30 pm

ALB

LAC

SQM

Lithium company shares are declining due to a drop in lithium prices, influenced by oversupply, economic contraction signals from August's ISM Manufacturing PMI, and upcoming non-farm payrolls data that could impact future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 4:30 pm

CMG

Deep-pocketed investors are showing a bearish trend towards Chipotle Mexican Grill (NYSE:CMG) through options trading, with 50% of the activity being bearish. The stock is currently down by 3.3% and trading at $54.23. Analysts have mixed ratings, with target prices ranging from $58 to $69.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 4:30 pm

GILD

Options trading for Gilead Sciences (NASDAQ:GILD) shows a bullish sentiment among large investors, with 55% of trades being bullish. The price target is between $80.0 and $87.5. Gilead's stock is currently up 1.28% at $80.01, but RSI suggests it may be overbought.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 4:30 pm