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COST

Recent analysis of options activity for Costco Wholesale (NASDAQ:COST) reveals a predominantly bearish sentiment among investors, with 69% of detected trades being bearish. The trading volume and open interest suggest that market movers anticipate Costco's stock to fluctuate between $500.0 and $800.0. Despite this, Costco's current market status shows a slight decrease in stock price to $732.15, with neutral RSI indicators. Analysts remain optimistic, with a consensus target price of $814.0 and ratings ranging from Outperform to Equal-Weight.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:07 pm

SYRA

Syra Health's shares dropped following the announcement of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 4:07 pm

WMT

Recent options trading trends indicate a bearish sentiment towards Walmart (NYSE:WMT) among deep-pocketed investors, as revealed by Benzinga's options scanner. The analysis of options activities shows a division with 27% bullish and 72% bearish sentiment. Notable options activities include 6 puts and 5 calls with a predicted price range for WMT between $50.0 and $73.33. The largest options trades suggest mixed sentiments with both bullish puts and bearish calls. Walmart's current market position shows a stable price with potential overbought indications and an upcoming earnings release in 52 days.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:06 pm

AMZN

BABA

MELI

PDD

PDD Holdings Inc - ADR (NASDAQ:PDD) shares dropped 2.5% to $119.87, likely due to profit-taking after hitting a 52-week high post-earnings. The company reported a 123% year-on-year revenue increase to $12.52 billion for Q4 fiscal 2023, with adjusted earnings per ADS at $2.40, both surpassing estimates. The article also compares PDD's valuation metrics with peers like Amazon.com, Alibaba Group Holding, and MercadoLibre, noting PDD's price to earnings ratio has compressed by 25.56% compared to last year.

Portfolio Pulse from Henry Khederian

March 25, 2024 | 4:06 pm

SINT

SINTX Technologies Inc (NASDAQ:SINT) shares plummeted by 48.7% to $0.04 after announcing a $1.3 million public offering of common stock at $0.047 per share. The offering, managed by Maxim Group LLC, aims to raise funds for working capital and general corporate needs. The stock's 52-week range is from $0.04 to $2.47.

Portfolio Pulse from Henry Khederian

March 25, 2024 | 4:06 pm

CYTO

Altamira Therapeutics Ltd. (NASDAQ:CYTO) shares surged after announcing a collaboration with Univercells Group to evaluate Altamira's SemaPhore platform for mRNA vaccine delivery. The agreement involves testing a proprietary mRNA vaccine with Altamira's platform, potentially leading to a commercial deal for nanoparticle-based mRNA vaccine development and manufacturing. The news has significantly increased trading volume, with over 51.2 million shares traded, far exceeding the 100-day average.

Portfolio Pulse from Erica Kollmann

March 25, 2024 | 4:06 pm

AAPL

BIDU

Apple has chosen Baidu to provide AI technology for its iPhone 16 and other products in China, using Baidu's Ernie Bot. This decision aligns with Apple's strategy to use locally-built technology in China for compliance reasons. The partnership was revealed amid Tim Cook's visit to China, highlighting Apple's commitment to the Chinese market. Baidu's stock in Hong Kong saw a 2.55% increase following the news. Meanwhile, Apple faces increased competition in China, with iPhone sales down 24% in the first six weeks of 2024. Samsung is also integrating Baidu's AI in its Galaxy S24 series in China.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 4:06 pm

GRWG

GrowGeneration Corp. announced a $6 million stock repurchase program, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 4:06 pm

MPC

Over the past 10 years, Marathon Petroleum (NYSE:MPC) has outperformed the market with an annualized return of 16.23%, turning a $1000 investment into $4,628.22 today. The company's market capitalization stands at $72.49 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:06 pm

PTC

PTC (NASDAQ:PTC) has delivered an average annual return of 15.29% over the past 5 years, outperforming the market by 2.28% on an annualized basis. With a current market capitalization of $22.75 billion, a $1000 investment in PTC 5 years ago would now be worth $2,077.34. This performance highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:06 pm