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SMCI

Super Micro Computer shares are trading lower, possibly due to a pullback following recent momentum.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 3:32 pm

BLDP

Ballard Power Systems Inc (NASDAQ:BLDP) shares fell after reporting Q4 FY23 results with a 132% sales growth to $46.80 million, surpassing estimates. However, adjusted EBITDA was negative at $(44.1) million, and EPS of $(0.16) missed estimates. The company also reported a slight decrease in order backlog and provided FY24 operating expense and capital expenditure outlooks.

Portfolio Pulse from Shivani Kumaresan

March 11, 2024 | 3:32 pm

Boeing shares are trading lower due to reports of the Justice Department opening an investigation into an Alaska Airlines door blow out incident.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 3:32 pm

ACN

Financial giants have shown a bullish sentiment towards Accenture (NYSE:ACN) based on recent options trading activity. Analysis revealed 70% bullish and 30% bearish trades, with significant investors targeting a price range of $340 to $380 for ACN. The company, a global IT-services firm, is currently trading at $374.35, down by -1.01%. Analysts have set an average target price of $383, with mixed ratings from RBC Capital, B of A Securities, and Baird.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:31 pm

DELL

Dell Technologies (NYSE:DELL) has significantly outperformed the market with an annualized return of 30.65% over the past 5 years, turning a $100 investment into $401.03 today. The company's market capitalization stands at $81.23 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:30 pm

CYBR

Rize UCITS ICAV - Rize Cybersecurity Data Privacy ETF (NASDAQ:CYBR) has delivered an average annual return of 18.51% over the past 5 years, outperforming the market by 5.88%. A $100 investment in CYBR 5 years ago would now be worth $229.58. The ETF currently has a market capitalization of $10.87 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:30 pm

GDX

GLD

GOLD

IAU

NEM

Gold prices continue to rise, with speculators driving the price up at a rate not seen since 2019. Gold futures dipped slightly by 0.1% on Monday, but overall, gold added 4.3% over the last week. ETFs like SPDR Gold Shares ETF (GLD) and iShares Gold Trust ETF (IAU) saw similar gains. Analysts attribute the rise to a Goldilocks scenario and expect further increases due to geopolitical uncertainty and potential Federal Reserve policy changes. The VanEck Gold Miners ETF (GDX) and stocks like Newmont Goldcorp (NEM) and Barrick Gold Corp (GOLD) are also seeing positive movements.

Portfolio Pulse from Neil Dennis

March 11, 2024 | 3:29 pm

AIMD

Ainos shares are trading lower following the announcement of a year-over-year decrease in FY23 revenue results.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 3:29 pm

HMC

The U.S. National Highway Traffic Safety Administration (NHTSA) has initiated a preliminary probe into approximately 250,712 Honda Motor Co Ltd (NYSE:HMC) Insight and Passport vehicles for unintended activation of automatic emergency braking. The investigation follows 46 complaints, including three crashes or fires and two injuries. The affected models are the hybrid electric Insight and the Passport SUV from 2019-2022. This issue poses collision risks due to inadvertent activation of the braking system. HMC shares dropped 2.04% to $34.79 following the news.

Portfolio Pulse from Shivani Kumaresan

March 11, 2024 | 3:17 pm

AMAT

AMD

ASML

KLAC

LRCX

MRVL

Semiconductor stocks are trading lower, potentially due to a pullback after recent gains driven by AI momentum.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 3:17 pm