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XHG

XChange TEC.INC (NASDAQ:XHG) has entered into a Securities Purchase Agreement with VG Master Fund SPC, allowing the sale of up to $25 million in American Depositary Shares (ADSs). The sales are optional and registered with the SEC.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:20 pm

BABA

NVDA

Alibaba has partnered with Nvidia to enhance AI capabilities in autonomous driving, integrating Alibaba's Qwen LLMs with Nvidia's Drive AGX Orin platform. This collaboration positions Alibaba at the forefront of automotive AI technology. The People's Bank of China's recent interest rate cuts have boosted investor confidence, contributing to a rally in Chinese stocks, including Alibaba. Technical indicators show bullish momentum for Alibaba's stock, though caution is advised as it approaches overbought territory.

Portfolio Pulse from Surbhi Jain

September 24, 2024 | 2:19 pm

V

Visa shares are experiencing a decline due to reports that the company is facing charges from the Department of Justice for alleged monopolization.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:18 pm

AA

CLF

MT

SID

STLD

VALE

Metals and materials companies' shares are rising, likely due to China's stimulus measures that could boost demand.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:18 pm

BNZI

Banzai International's shares were halted due to a circuit breaker after a significant price increase of 139.5%.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:17 pm

DIS

Unusual options activity has been detected for Walt Disney (NYSE:DIS), with a significant amount of money being spent on both bullish and bearish positions. The options trades are split 69% bullish and 30% bearish, with a focus on a price range of $95 to $115. The current stock price is $92.6, slightly down by 0.4%.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 2:16 pm

COST

Recent options trading trends indicate a bullish sentiment among deep-pocketed investors towards Costco Wholesale (NASDAQ:COST). Benzinga's options scanner highlighted 18 significant options activities, with a mix of bullish and bearish sentiments. The projected price targets for COST range from $675 to $1200. Despite a recent price drop of 1.12%, analysts maintain a positive outlook with a consensus target price of $919.6.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 2:16 pm

MU

The options market shows a bearish sentiment towards Micron Technology (NASDAQ:MU), with 55% of trades being bearish. Significant investors are targeting a price range of $80 to $115. Analysts have mixed ratings, with price targets ranging from $67 to $175.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 2:16 pm

BNZI

Banzai International shares have resumed trading after a halt. This development could impact investor sentiment and trading activity for the company.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:15 pm

BTCUSD

Luke Gromen, founder of Forest For The Trees, warns of a breakdown in the U.S. dollar-centric monetary system, suggesting that gold and Bitcoin are well-positioned assets. He predicts aggressive interest rate cuts by the Federal Reserve and sees Bitcoin as 'gold with leverage.'

Portfolio Pulse from Khyathi Dalal

September 24, 2024 | 2:14 pm