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GREE

Greenidge Generation Holdings Inc (NASDAQ:GREE) is trading flat at $3.25 ahead of its Q4 earnings report. Analysts expect an EPS of 20 cents on revenue of $26.7 million. The company faces challenges from high operational costs and intense competition in the Bitcoin mining industry, which may affect its profitability despite higher Bitcoin prices. GREE's 52-week trading range is between $1.55 and $9.26.

Portfolio Pulse from Henry Khederian

March 27, 2024 | 2:56 pm

LIXT

Lixte Biotechnology Holdings, Inc. (NASDAQ:LIXT) shares surged after announcing the publication of pre-clinical data on LB-100, showing its potential as a new cancer treatment strategy. The data, published in 'Cancer Discovery', indicates LB-100 can make cancer cells less malignant. This news has significantly increased trading volume, with over 21.82 million shares traded, far exceeding the 100-day average.

Portfolio Pulse from Erica Kollmann

March 27, 2024 | 2:56 pm

DJT

Tesla Inc. bull Ross Gerber has expressed skepticism about the valuation of Trump Media & Technology (NASDAQ:DJT), suggesting it presents a great opportunity for short sellers like Hindenburg Research and Muddy Waters Research. The company's recent listing and valuation have been widely debated, with some financial commentators suggesting it's overhyped. Despite this, Trump Media & Technology's stock was up 12.02% at the time of reporting.

Portfolio Pulse from Rounak Jain

March 27, 2024 | 2:51 pm

CCL

CUK

Carnival Corp reported a 22% year-on-year increase in Q1 FY24 sales to $5.406 billion, slightly below analyst expectations. Passenger Cruise Day and occupancy rates increased, with total customer deposits hitting a record $7.0 billion. The company saw a significant improvement in operating income and margins, with an adjusted EPS loss smaller than expected. Carnival's outlook for FY24 includes higher adjusted EBITDA and net yields, with capital expenditures projected at $2.3 billion. Despite positive performance indicators, CCL shares dropped 1.97% due to the report slightly missing sales estimates and potential impacts from an event in Baltimore.

Portfolio Pulse from Shivani Kumaresan

March 27, 2024 | 2:51 pm

ARRY

Array Technologies, Inc. (NASDAQ:ARRY) shares have risen over 9% in the past five days, following a Market Perform rating and a $16 price target from BMO Capital analyst Ameet Thakkar. Additionally, the company announced its new Hail Response System, designed to protect solar assets from hail damage using advanced weather prediction algorithms. This announcement comes after a severe hail storm destroyed thousands of solar panels in Texas. Wall Street analysts generally view ARRY as Neutral, with expectations of a significant price fall within the year.

Portfolio Pulse from Erica Kollmann

March 27, 2024 | 2:50 pm

COHR

IDGT

JNPR

MRVL

SPRX

Marvell Technology, Inc (NASDAQ:MRVL) is set to present its optical technology innovations for AI and cloud data centers at OFC 2024, with Citigroup maintaining a Buy rating and a $91 price target on MRVL shares. The company will showcase products like Nova 2 and the Marvell 3D Silicon Photonics Engine, aimed at enhancing data center efficiency. Collaborations with Juniper Networks Inc (NYSE:JNPR) and Coherent Corp (NYSE:COHR) will be highlighted, focusing on data center interconnects and telecommunications. MRVL shares have seen a 72% increase over the last 12 months, with exposure available through IShares U.S. Digital Infrastructure And Real Estate ETF (NYSE:IDGT) and Spear Alpha ETF (NASDAQ:SPRX).

Portfolio Pulse from Anusuya Lahiri

March 27, 2024 | 2:46 pm

MSFT

A significant portion of investors have taken a bearish stance on Microsoft (NASDAQ:MSFT), with options trading indicating a mix of bullish and bearish expectations. Notably, 35% of trades were bullish, while 64% were bearish. The trading volume and open interest suggest a target price range of $260 to $500 for MSFT. Recent significant trades include both bullish and bearish calls with varying strike prices and sentiments. Microsoft's current stock price is $424.45, with an average analyst price target of $518. Analyst ratings vary, with some downgrades but still positive outlooks.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 2:46 pm

MU

Recent unusual options activity on Micron Technology (NASDAQ:MU) indicates a bearish stance by large investors, with a split sentiment of 37% bullish and 62% bearish. The activity involves 37 significant trades, with puts totaling $238,212 and calls amounting to $1,961,476. The targeted price range for MU over the last 3 months is between $60.0 to $135.0. Current trading volume is 8,109,624, with MU's price slightly up by 0.41% at $119.29. Five market experts have issued ratings for MU, with a consensus target price of $122.6, indicating a positive outlook.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 2:45 pm

DKNG

DraftKings' stock experienced a sudden drop as traders shared news that Investor Business Daily sold its position in the company. This move has sparked discussions among investors regarding the potential implications for DraftKings' future stock performance.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 2:43 pm

DNUT

Krispy Kreme shares are trading lower following a recent surge due to a partnership announcement with McDonald's. The initial excitement has tapered off, leading to a pullback in the stock's price.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 2:38 pm