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AMZN

AVGO

QCOM

STLA

TSM

WMT

China's exports to the U.S. face potential disruptions due to anticipated U.S. port strikes, typhoons in China, and the Golden Week holiday. These events could impact various U.S. sectors, including retail, automotive, and semiconductors, as they rely heavily on Chinese imports.

Portfolio Pulse from Michael Juliano

September 24, 2024 | 6:28 pm

AMGN

REGN

VTRS

Regeneron Pharmaceuticals' stock is trading lower after a judge denied its request to block Amgen's Eylea biosimilar. Regeneron plans to appeal the decision, which could impact its business due to alleged patent infringements by Amgen.

Portfolio Pulse from Vandana Singh

September 24, 2024 | 6:21 pm

BTCUSD

Crypto analyst Noelle Acheson discusses Bitcoin and gold as hedges against currency debasement and political instability, suggesting Bitcoin could reach $100,000 by year-end. She warns of potential stagflation and highlights Bitcoin's role as an institutional asset.

Portfolio Pulse from Khyathi Dalal

September 24, 2024 | 6:20 pm

TSLA

Elon Musk, CEO of Tesla, Inc. (NASDAQ:TSLA), announced plans to invest in Argentina, focusing on the country's electric vehicle market. Argentina is part of the 'Lithium Triangle,' crucial for EV battery production. This move could accelerate Argentina's EV market growth, projected to reach $36.7 million by 2029.

Portfolio Pulse from Nabaparna Bhattacharya

September 24, 2024 | 6:19 pm

FCX

HBM

RIO

Freeport-McMoRan shares are rising due to China's Central Bank announcing a stimulus package, which includes cutting reserve requirement ratios and interest rates. This move is expected to boost metals demand, benefiting metal and mining stocks.

Portfolio Pulse from Dylan Berman

September 24, 2024 | 6:18 pm

TRS

TriMas shares are experiencing increased trading volume due to circulating unconfirmed rumors about potential takeover interest in the company.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:17 pm

NUZE

Nuzee shares have resumed trading after a temporary halt. This development is significant for investors as it may impact the stock's short-term price movement.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:17 pm

LUMN

Recent options trading trends indicate a bullish stance on Lumen Technologies (NYSE:LUMN) by wealthy investors. Benzinga's options scanner detected 14 unusual trades, with a split sentiment of 57% bullish and 35% bearish. The trades suggest a targeted price range of $0.5 to $10.0 for LUMN over the last 3 months. Lumen Technologies, a major telecommunications carrier, has shifted focus towards enterprise services. The stock is currently priced at $7.25, down 0.41%, with RSI indicators suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 6:16 pm

DVN

Recent options trading activity on Devon Energy (NYSE:DVN) shows a mix of bullish and bearish sentiment among large investors. The trading suggests a price range of $35 to $55 for DVN in the short term. Analysts have mixed ratings, with a consensus target price of $53.8.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 6:16 pm

RNA

Goldman Sachs has initiated coverage on Avidity Biosciences (NASDAQ:RNA) with a Buy rating and a $59 price target, citing the company's promising RNA therapeutics platform for rare diseases. Avidity's lead asset, del-desiran, is in Phase 3 trials for myotonic dystrophy, with potential blockbuster sales. The company also has promising candidates for other muscular dystrophies.

Portfolio Pulse from Vandana Singh

September 24, 2024 | 6:15 pm