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MU

Intel and Micron Technology are competing in the semiconductor industry. Intel faces challenges with geopolitical issues and partnerships, while Micron is advancing with memory solutions and global expansion. Micron's stock is performing better, with analysts predicting further upside.

Portfolio Pulse from Surbhi Jain

October 16, 2024 | 12:45 pm

NVDA

QQQ

SMCI

SPY

Super Micro Computer, Inc (SMCI) is expanding its liquid-cooled AI server offerings, powered by Nvidia's technology, to enhance energy efficiency and computational power. Despite regulatory challenges, SMCI's stock has seen significant growth over the past year. Investors can gain exposure through ETFs like QQQ and SPY.

Portfolio Pulse from Anusuya Lahiri

October 16, 2024 | 12:38 pm

CTVA

Corteva shares rose following an upgrade from B of A Securities, which changed its rating from Neutral to Buy.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:37 pm

WVE

Wave Life Sciences has achieved a significant milestone in therapeutic RNA editing with its RestorAATion-2 trial of WVE-006 for Alpha-1 Antitrypsin Deficiency. A single dose raised wild-type M-AAT levels to 60% of total AAT, with effects lasting up to 57 days. Multidose data is expected in 2025.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:37 pm

CF

CF Industries shares declined following a downgrade by B of A Securities from Neutral to Underperform.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:36 pm

YUM

Yum Brands shares are experiencing a decline following a downgrade by TD Cowen from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:34 pm

ASPN

Aspen Aerogels has received a conditional commitment for a proposed loan of up to $670.6 million from the Department of Energy (DOE). This loan is intended to support the company's initiatives, potentially impacting its financial position and stock performance.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:31 pm

SPY

The USA Export Price Index for September decreased by 0.7%, which is a larger decline than the expected 0.4% and follows a previous decline of 0.9%.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:31 pm

MS

Morgan Stanley's CFO, Sharon Yeshaya, anticipates a rise in investment banking activity in the coming quarters, driven by the U.S. presidential election reducing uncertainties and increased IPO demand from private equity firms. The bank is also seeing new deals from stronger ties between its wealth and investment banking divisions.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:29 pm

ASX

ASE Tech Holding shares rose following an upgrade by UBS from Neutral to Buy.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:28 pm