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BTCUSD

Investor Sunny Po maxed out eight credit cards to buy Bitcoin, revealing a 10.93% increase in unrealized profits after four months. Despite the high risk and substantial debt, Po aims to accumulate as much Bitcoin as possible, rather than profiting in dollars. The crypto community's reaction is mixed, with concerns about the sustainability of this strategy and potential banking issues.

Portfolio Pulse from Ivan Crnogatić

April 01, 2024 | 4:39 pm

WSC

WillScot's stock (WSC) trades lower following a downgrade by Jefferies from Buy to Hold, with a reduced price target from $58 to $42.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:37 pm

DJT

Trump Media Technology Group (TMTG), trading under the ticker DJT on Nasdaq, reported a significant net loss of $58 million in 2023, a stark contrast to its net profit of $50.5 million in 2022. The company, which owns the Truth Social app, saw its shares fall by over 20% following the announcement. Despite the loss, TMTG's market capitalization remained above $6.8 billion. The company warned of ongoing operating losses and disclosed material weaknesses in its financial reporting. Trump owns 57.3% of TMTG shares, with the potential to receive more based on stock performance.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:36 pm

IMNN

Imunon shares are trading higher following an upgrade by Hc Wainwright & Co, which maintained a Buy rating and increased the price target from $12 to $13.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:36 pm

IDCC

InterDigital's stock trades lower following a downgrade by B of A Securities from Buy to Underperform, with a price target reduction from $140 to $100.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:35 pm

INLX

Intellinetics shares are trading lower following the announcement of worse-than-expected Q4 GAAP EPS results.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:34 pm

COIN

HUT

MARA

RIOT

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:33 pm

AAPL

ABNB

AMZN

CCL

GEHC

MSFT

SNX

SPGI

XOM

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies, including Airbnb, Carnival Corporation, S&P Global, GE HealthCare Technologies, Apple, Amazon, Exxon Mobil, RH, Microsoft, and TD SYNNEX. The adjustments reflect varying expectations for these companies' future performance.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 4:32 pm

NVEI

Nuvei Corporation (NASDAQ:NVEI) (TSX:NVEI) is set to go private in an all-cash transaction led by Advent International, with support from shareholders Philip Fayer, Novacap, and CDPQ. The deal values Nuvei at approximately $6.3 billion, offering $34.00 per share, a significant premium over its recent trading prices. The transaction, expected to close by early 2025, will see Nuvei continue operations in Montreal under the leadership of CEO Philip Fayer. This move is anticipated to leverage Advent's resources and expertise in the payments sector, aiming for global expansion and innovation.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:32 pm

LULU

Financial giants have shown a bullish sentiment on Lululemon Athletica (NASDAQ:LULU) through options trading, with a notable volume of trades targeting a price range of $300 to $450. Analysis of recent options activity reveals a mix of bullish and bearish sentiments, with a slight majority leaning towards bullish. The company's stock is currently up, with analysts giving positive ratings and target prices significantly above the current market price.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 4:31 pm