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Crypto analyst Ali Martinez predicts Cardano (ADA) is consolidating in the $0.55 to $0.80 range before a potential breakout to $1.70, despite its recent price decrease and underperformance compared to Bitcoin and Ethereum. Martinez's forecast suggests a significant price increase for ADA, contrasting with its current downward trend and recent losses.

Portfolio Pulse from Benzinga Neuro

April 11, 2024 | 1:53 am

META

Elon Musk mocked Meta Platforms Inc. (NASDAQ:META) on X, comparing sharing a Facebook link to using an outdated AOL email address, amidst reports of Meta's advertising system experiencing glitches. Advertisers have reported issues with Meta's ad system, leading to increased costs and decreased sales, despite the company's claims that the system is functioning for the majority of advertisers. Musk's critique highlights the perceived decline in Facebook's relevance, similar to AOL's fall from grace.

Portfolio Pulse from Ananya Gairola

April 11, 2024 | 1:32 am

BON

Trading for BON was halted at 7:50:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:50 pm

SMSI

Trading for SMSI was halted at 7:50:00 p.m. ET due to pending news. This action typically indicates significant, market-impacting information is about to be released.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:50 pm

CMCSA

Michael Avenatti, serving time for wire fraud and obstruction, gave an interview from prison on MSNBC's 'The Beat with Ari Melber', discussing the upcoming hush money trial involving former President Donald Trump and Stormy Daniels. Avenatti criticized the choice of state court for the trial and expressed concerns over the reliance on Michael Cohen and Daniels as witnesses, predicting Trump's conviction but foreseeing challenges on appeal.

Portfolio Pulse from Chris Katje

April 10, 2024 | 11:07 pm

AAPL

AMZN

SBUX

Apple Inc (AAPL) faces a new unionization effort at its Short Hills, New Jersey retail store, with 104 employees petitioning to organize. This follows successful unionization at Apple stores in Oklahoma and Maryland. The Communications Workers of America represent the staff, aiming for better pay, benefits, and working conditions. Apple's response highlights their competitive pay and benefits for employees. The situation raises concerns among shareholders about potential increased costs due to higher wages and benefits if the unionization efforts spread across more stores.

Portfolio Pulse from Chris Katje

April 10, 2024 | 9:41 pm

MCK

McKesson (NYSE:MCK) has significantly outperformed the market over the past 5 years, with an annualized return of 35.36%, turning a $100 investment into $452.17 today. The company's market capitalization stands at $69.65 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 9:30 pm

KKR

KKR (NYSE:KKR) has significantly outperformed the market over the past decade, with an annualized return of 16.17%, turning a $100 investment into $455.01 today. The company's market capitalization stands at $87.78 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 9:30 pm

BA

Former Boeing engineer Sam Salehpour claims that 787 Dreamliner fuselage sections are improperly fastened, potentially risking mid-flight breakage. WallStreetBets users react with a mix of sarcasm and concern, discussing Boeing's safety, quality, and investment potential amidst these whistleblower reports. Despite the negative news, some investors see Boeing as a solid long-term investment due to its military contracts, while others suggest waiting for further price drops before buying.

Portfolio Pulse from Erica Kollmann

April 10, 2024 | 9:08 pm

KIDS

OrthoPediatrics (NASDAQ:KIDS) has received mixed analyst ratings over the last quarter, with a recent shift towards more bullish sentiments. The average 12-month price target has been raised to $36.83 from $34.00, indicating a positive outlook from financial experts. The company has shown a notable revenue growth rate of 21.36% as of December 31, 2023, outperforming peers in the Health Care sector. However, challenges remain with a net margin of -17.79% and an ROA of -1.54%, suggesting areas for improvement in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 9:01 pm