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RAYS

SEDG

TAN

SolarEdge Technologies, Inc. (NASDAQ: SEDG) announced it will lay off 400 employees in 2024 due to market downturns and inventory challenges. The company is also seeing slower growth in Europe's solar industry but some growth in North America. Despite these challenges, SolarEdge is expanding its U.S. manufacturing, creating new jobs. SEDG shares are down 11.1%. Investors can also gain exposure via Invesco Solar ETF (NYSE: TAN) and Global X Solar ETF (NASDAQ: RAYS).

Portfolio Pulse from Lekha Gupta

July 15, 2024 | 2:59 pm

CYN

Cyngn shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:53 pm

TLRY

A new study by Tilray Brands, Inc. (NASDAQ:TLRY) reveals that a significant number of medical marijuana patients over 50 use cannabis to manage chronic pain and arthritis. The study highlights improvements in pain levels, sleep quality, and overall quality of life among participants.

Portfolio Pulse from Abbey Higginbotham

July 15, 2024 | 2:52 pm

CGBS

Crown LNG shares have resumed trading, potentially impacting the stock price of Crown LNG Holdings Inc. (CGBS).

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:51 pm

AI

C3.ai, Inc. (NYSE:AI) shares are moving after the company introduced its C3 Generative AI for Government Programs application. This new application aims to help federal, state, and local governments deliver information about government programs more efficiently. The stock is trading above its 50-day moving average, with 27.4% of shares sold short. Analysts have mixed ratings on the stock, with price targets ranging from $23 to $40.

Portfolio Pulse from Erica Kollmann

July 15, 2024 | 2:50 pm

ZS

Recent unusual options activity in Zscaler (NASDAQ:ZS) indicates significant interest from deep-pocketed investors, with a mix of bullish and bearish sentiments. The options activity suggests a price window of $140.0 to $220.0 for ZS. Analysts have mixed ratings, with price targets ranging from $200 to $270.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 2:48 pm

CYN

Cyngn shares were halted on a circuit breaker due to a sharp decline but have since rebounded and are now up 44.7%.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:48 pm

META

Financial giants have shown unusual options activity for Meta Platforms (NASDAQ:META), with a mix of bullish and bearish trades. The majority of trades were calls, indicating a potential price range of $170.0 to $580.0. META's stock is currently up 0.88% at $503.27, with the next earnings report due in 16 days.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 2:48 pm

AXP

Financial giants have shown a bullish trend in American Express (NYSE:AXP) options trading, with 74% of traders being bullish. The price target for AXP ranges from $170 to $260. Analysts have given mixed ratings, with an average target price of $258.2. The stock is currently up 1.08% at $241.2.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 2:48 pm

INOD

Innodata shares are trading higher after Maxim Group initiated coverage on the stock with a Buy rating and announced a $30 price target.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:47 pm