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SUNUSD

Tron founder Justin Sun challenges critics of his SUN token, offering to buy it at $0.03 amidst significant price gains. His statement draws parallels to a past remark by former FTX founder Sam Bankman-Fried.

Portfolio Pulse from Murtuza Merchant

August 30, 2024 | 4:16 pm

BIRD

Allbirds Inc (NASDAQ:BIRD) shares fell 4.4% to 68 cents after announcing a 1-for-20 reverse stock split to meet Nasdaq's minimum bid price requirement. The split will take effect on September 4, 2024, with trading on a split-adjusted basis starting September 5. The stock has decreased by 47.98% over the past year but rose 9.11% in the past month.

Portfolio Pulse from Henry Khederian

August 30, 2024 | 4:13 pm

DG

WMT

Dollar General's shares rose despite missing Q2 earnings expectations. Analysts provided mixed ratings, with some lowering price targets due to market share loss to Walmart and consumer stress. The company reduced its full-year earnings guidance significantly.

Portfolio Pulse from Priya Nigam

August 30, 2024 | 4:13 pm

BCDA

BioCardia Inc (NASDAQ:BCDA) shares fell 12% to $3.53 after announcing an upsized public offering of 2.4 million shares and warrants, priced at $3.00 each, with expected proceeds of $7.2 million. The offering aims to fund working capital and biotherapeutic initiatives.

Portfolio Pulse from Henry Khederian

August 30, 2024 | 4:12 pm

ZCAR

Zoomcar Holdings, Inc. (NASDAQ:ZCAR) has launched a Generative AI Assistant to enhance its car-sharing platform in India. This tool provides 24/7 support to Hosts, aiding in onboarding, platform navigation, and vehicle safety, aiming to boost earnings. The AI assistant is expected to improve the overall user experience and will soon be available for Guests as well.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 4:10 pm

CRM

Salesforce (NYSE:CRM) has significantly outperformed the market over the past 20 years, with an average annual return of 24.14%. A $100 investment in CRM 20 years ago would now be worth $7,556.81. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 4:02 pm

MS

Morgan Stanley (NYSE:MS) has seen significant options trading activity, with over $1 million in trades detected. The focus is on a price range between $97.5 and $120.0. Despite a recent price dip, bullish sentiment is evident in options trades. Analysts have a cautious outlook, with a consensus target price of $95.0.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 4:02 pm

WMT

Walmart (NYSE:WMT) has seen a surge in options activity, with significant interest from investors. The options activity is split evenly between bullish and bearish sentiments, with a focus on a price range of $35 to $80. Analysts maintain positive ratings with target prices around $78-$81.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 4:02 pm

BFAM

In the past three months, six analysts have provided ratings for Bright Horizons Family (NYSE:BFAM), with a mix of bullish and indifferent sentiments. Analysts have raised their 12-month price targets, with an average target of $138.67, up 18.52% from the previous $117.00. The company's financial performance is strong, with revenue growth of 11.08% and a net margin of 5.85%, but its debt-to-equity ratio is higher than the industry average.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 4:00 pm

MIDD

Middleby (NASDAQ:MIDD) has received mixed analyst ratings over the past three months, with a slight increase in the average 12-month price target to $154.4. Analysts have varied in their ratings from 'Buy' to 'Underweight', reflecting differing views on the company's performance. Middleby faces challenges with declining revenue growth, low net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 4:00 pm