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TENK

TenX Keane Acquisition shares have been halted, and the stock has surged by 102.4%.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:11 pm

BNTX

CG

DIA

IWM

K

QQQ

SPY

TLT

TSN

XLK

XLRE

US stocks are attempting to recover from early losses driven by global market volatility and a 13% drop in Japan's Nikkei 225. Positive US services sector data eased recession fears, reducing the likelihood of a significant Fed rate cut. Major indices like the S&P 500, Dow Jones, and Nasdaq 100 saw smaller declines by midday. Bond yields rose, and the iShares 20+ Year Treasury Bond ETF (TLT) remained unchanged. Key stock movers included Kellanova, BioNTech, The Carlyle Group, and Tyson Foods.

Portfolio Pulse from Piero Cingari

August 05, 2024 | 5:11 pm

TENK

TenX Keane Acquisition shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:09 pm

MU

Micron Technology, Inc. (NASDAQ:MU) shares are trading lower on Monday amid broader technology sector concerns and recent announcements about its advancements in PCIe Gen6 data center SSD technology. The stock is currently trading below its 50-day moving average and in the middle of its 52-week range.

Portfolio Pulse from Dylan Berman

August 05, 2024 | 5:07 pm

ATNM

CCM

K

SAH

SHC

VBIV

U.S. stocks experienced a significant decline with the Dow Jones falling over 950 points. The ISM services PMI surged to 51.4 in July, surpassing market expectations. Notable stock movements included Kellanova, Sotera Health Company, and Sonic Automotive rising due to positive news, while Actinium Pharmaceuticals, VBI Vaccines, and Concord Medical Services saw substantial declines.

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 5:07 pm

TENK

TenX Keane Acquisition shares were halted on a circuit breaker due to a significant price increase, with the stock now up 106.4%.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:04 pm

ABBV

IYH

KKR

LDOS

The CNBC Halftime Report highlighted final trades including KKR & Co., Leidos Holdings, AbbVie, and the iShares U.S. Healthcare ETF. These stocks and ETF were discussed as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:01 pm

KLAC

In the past three months, 16 analysts have provided ratings for KLA (NASDAQ:KLAC), ranging from bullish to bearish. The average 12-month price target has increased by 10.8% to $870.5. Recent analyst actions include several upgrades and a few downgrades, reflecting a generally positive sentiment towards KLA. The company has shown strong financial performance with significant revenue growth, high net margins, and robust returns on equity and assets, although it faces challenges with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 5:00 pm

AXSM

Nine analysts have recently published ratings on Axsome Therapeutics (NASDAQ:AXSM), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $125.0, with a high of $190.00 and a low of $95.00. Financial challenges include a -20.7% decline in revenue, a net margin of -91.14%, and a high debt-to-equity ratio of 1.32.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 5:00 pm

DAY

Dayforce (NYSE:DAY) has seen an 8.46% increase in its short percent of float, now at 16.28%. This indicates a bearish sentiment among investors. The company's short interest is higher than its peers, which average 5.71%.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 5:00 pm