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BTCUSD

The upcoming fourth Bitcoin halving is expected to be influenced by institutional investors and Bitcoin ETFs, altering traditional supply and demand dynamics. Unlike previous halvings, ETFs now absorb a significant portion of new Bitcoin, potentially stabilizing prices. Investors are advised to monitor ETF activity and long-term holder behavior to navigate the market.

Portfolio Pulse from Murtuza Merchant

April 18, 2024 | 3:07 pm

VKTX

Market whales have shown a predominantly bearish stance on Viking Therapeutics (NASDAQ:VKTX), with options trading data revealing 80% bearish sentiment among significant trades. Notable options activity includes a mix of bullish, bearish, and neutral trades with strike prices ranging from $55.0 to $90.0. Viking Therapeutics, a biopharmaceutical company focusing on metabolic and endocrine disorders, has seen its stock price decrease by -1.64%, with an RSI indicating a neutral position. Analysts have mixed views, with price targets ranging from $90 to $138, despite a recent downgrade by HC Wainwright & Co. to Buy.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:04 pm

DJT

Trump Media & Technology shares are trading higher after the company advised shareholders on preventing their shares from being loaned for short interest positions.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 3:04 pm

INTC

Investors have shown a mixed sentiment towards Intel (NASDAQ:INTC), with options trading revealing a 50/50 split between bullish and bearish positions. Benzinga's options scanner identified 24 unusual trades, indicating a price target range of $19.0 to $70.0 for Intel in the next three months. The trading volume and open interest analysis suggest significant investor interest in options within this price range. Intel's current trading volume is 8,159,226, with a slight price decrease of -0.43%, and an earnings announcement is expected in 7 days. Analysts have varying views on Intel, with target prices ranging from $40 to $62.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:04 pm

ARBUSD

Cryptocurrency Arbitrum (ARB) experienced a 4.43% price increase over the last 24 hours, contrasting with a 19.0% decrease over the past week, setting its current price at $1.15. Despite this short-term gain, the coin's price is down from its all-time high of $2.39. Arbitrum's trading volume has surged by 53.0% in the same period, with its circulating supply now at 2.65 billion, representing 26.54% of its maximum supply. The market cap of ARB is currently ranked #38, valued at $3.06 billion.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:03 pm

ICPUSD

Cryptocurrency Internet Computer (ICP) has seen a price increase of 6.31% in the last 24 hours, reaching $12.51, despite a 19.0% decrease over the past week from $15.44. The coin's all-time high was $700.65. Trading volume rose by 8.0% over the week, while the circulating supply slightly decreased by 0.1% to 462.73 million, placing ICP's market cap at $5.78 billion, ranked #22.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:02 pm

CARR

Carrier Global (NYSE:CARR) has received mixed analyst ratings over the past quarter, with 3 somewhat bullish and 2 indifferent ratings. The 12-month price targets show an average of $64.2, with a slight decrease from the previous $64.25. Analysts from firms like Oppenheimer, Citigroup, Barclays, RBC Capital, and Wells Fargo have updated their ratings and price targets, reflecting various adjustments based on Carrier Global's performance and market conditions. Carrier Global, a manufacturer in HVAC, refrigeration, and fire and security products, plans to divest certain businesses and acquired Viessmann for $13 billion. Despite its market capitalization indicating a strong market position, Carrier Global faces challenges in revenue growth, profitability, and debt management.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:02 pm

LRCX

Lam Research (NASDAQ:LRCX) has been the subject of 21 analyst reviews over the past three months, showing a mix of bullish to bearish sentiments. The average 12-month price target is $955.19, marking a 15.58% increase from the previous average of $826.43. Analysts have adjusted their ratings and price targets, reflecting a positive outlook on the company's performance despite a -28.79% revenue decline in the last quarter. Lam Research is a leading semiconductor equipment manufacturer, with significant market shares in etch and deposition segments.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:01 pm

WBTCUSD

Wrapped Bitcoin (WBTC) has seen a 3.61% increase in price over the last 24 hours, reaching $63,722.00, despite a weekly downtrend of 11%. The coin's all-time high is $73,505.00. Trading volume surged by 96% over the week, with the circulating supply slightly up by 0.03% to over 155 thousand, matching its max supply. WBTC's market cap ranks it 14th at $9.86 billion.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 3:01 pm