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WIX

Piper Sandler analyst Clarke Jeffries upgraded Wix.com (NASDAQ:WIX) from Neutral to Overweight, raising the price target to $200. Despite skepticism about growth acceleration, Wix's valuation and margin expansion potential make it a compelling investment. The Web Builder space, including Wix, GoDaddy, and Squarespace, has outperformed the market in 2024.

Portfolio Pulse from Anusuya Lahiri

September 23, 2024 | 7:00 pm

NET

Cloudflare (NYSE:NET) has significantly outperformed the market over the past 5 years, with an annualized return of 36.35%. A $100 investment in Cloudflare 5 years ago would now be worth $439.64. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 7:00 pm

BNBUSD

BNB's price has increased by 4.49% in the last 24 hours, continuing a positive trend with a 14% gain over the past week. Despite a slight decrease in trading volume, the circulating supply has increased, maintaining BNB's market cap ranking at #4.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 7:00 pm

TCJH

Top KingWin's shares rose following the announcement that its subsidiary, Guji Technology, signed a nonbinding letter of intent with Tuoxun Technology.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 6:57 pm

ABAT

American Battery Technology shares fell despite the company being selected for a $150 million competitive grant.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 6:55 pm

OPTT

Ocean Power Technologies shares rose following the Biden-Harris Administration's announcement of a $112.5 million investment in marine energy.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 6:52 pm

STSS

Sharps Technology shares declined following the announcement of a $3.5 million secured bridge loan financing agreement with institutional investors.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 6:51 pm

CLSK

CORZ

HOOD

MARA

MSTR

RIOT

Bitcoin's recent rally to $64,000 is attributed to rate cuts, bipartisan crypto support, Bitcoin ETF momentum, miner stability, and reduced selling pressure. This has positive implications for Bitcoin mining stocks and crypto-exposed companies like MicroStrategy and Robinhood.

Portfolio Pulse from Khyathi Dalal

September 23, 2024 | 6:49 pm

GRRR

Gorilla Technology Group's shares rose following the announcement of a strategic cooperation agreement with CS Energy Technology.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 6:49 pm

LI

High-rolling investors are showing a bullish stance on Li Auto (NASDAQ:LI) with significant options activity, indicating potential privileged information. The sentiment is mostly bullish, with a price target range of $20.0 to $37.0. Li Auto's stock is currently up 3.53% at $22.3.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 6:45 pm