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ASML

SMH

SOXL

SOXX

The Dutch government is expected to block ASML from providing repair and maintenance services to Chinese companies, impacting ASML's business and China's semiconductor production. This move aligns with US efforts to curb China's tech growth. ASML's stock was affected, and semiconductor ETFs may also be impacted.

Portfolio Pulse from Natan Ponieman

August 29, 2024 | 8:24 pm

QQQ

SPY

TLT

UTEN

UUP

Fitch Ratings reaffirmed the U.S. credit rating at 'AA+' with a stable outlook, highlighting strengths like high per capita income and the U.S. dollar's financial flexibility. However, concerns over escalating debt and political polarization were noted. The U.S. economic growth is projected to decelerate, with a slight narrowing of the deficit expected in 2024. Treasury yields and the U.S. dollar remained broadly unchanged following the report, while Treasury-linked ETFs fell.

Portfolio Pulse from Piero Cingari

August 29, 2024 | 8:23 pm

NXPI

NXP Semiconductors has approved an additional $2 billion for its share repurchase program, adding to the $726 million remaining from the existing authorization. This move aligns with NXP's policy of returning excess cash flow to shareholders.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:22 pm

TSM

The article discusses the recent options trading activity for Taiwan Semiconductor (NYSE:TSM), highlighting a bullish sentiment among large investors. A significant portion of trades are calls, indicating positive expectations. Analysts maintain a positive rating with a price target of $250.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 8:18 pm

APO

Apollo Global Management (NYSE:APO) has seen a surge in bullish options trading, with 68% of trades being bullish. The stock is currently priced at $113.26, with analysts setting an average price target of $131.8. The options activity suggests a focus on a price range between $75.0 and $185.0.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 8:17 pm

NEE

Deep-pocketed investors are showing a bearish sentiment towards NextEra Energy (NYSE:NEE) in the options market, with 50% of the activity being bearish. The options activity suggests a price range of $57.5 to $85.0 for NEE. Analysts have mixed ratings, with target prices ranging from $76 to $94.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 8:17 pm

ESTC

Elastic has announced its expected Q2 adjusted EPS to be between $0.37 and $0.39, surpassing the estimated $0.33. This indicates a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:15 pm

ARTV

Artiva Biotherapeutics reported a significant increase in quarterly losses, with Q2 EPS at $(22.00), a 56.14% decrease from $(14.09) in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:14 pm

MDB

MongoDB shares rise as the company reports better-than-expected Q2 financial results and provides strong guidance.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:14 pm

FCUV

Focus Universal shares rose after CEO Desheng Wang purchased 302,100 shares at $0.18 each, as disclosed in a Form 4 filing.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:13 pm