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DOGEUSD

Crypto analyst Ali Martinez analyzed Dogecoin's (DOGE) price patterns and suggested it might be on the verge of a bull run, mirroring its past bull markets. Martinez's analysis highlighted similar patterns to those seen in 2017 and 2023, predicting a potential parabolic breakout in April 2024. He noted a recurring '97 bars 69 d' pattern in DOGE's historical chart, indicating a breakout pattern. Martinez's previous analysis also aligned DOGE's current behavior with its 2020 rally, suggesting a similar bull market could be forthcoming.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 11:05 am

CCO

Clear Channel Outdoor reported Q4 sales of $632.11M, surpassing the estimated $610.14M, indicating a positive performance against market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:03 am

NHI

Wells Fargo analyst Connor Siversky upgraded National Health Investors (NHI) from Equal-Weight to Overweight and increased the price target from $55 to $63.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:46 am

BRK

LI

NVDA

QQQ

SPY

US stocks may see a pause after a record rally, with caution returning ahead of key economic data. AI-leveraged stocks could provide support. Last week, buoyed by Nvidia's earnings, US stocks hit new highs. Analysts are optimistic about 2024, expecting narrow market focus and benefits from Fed rate cuts and election year optimism. Futures indicate a mixed opening. SPDR S&P 500 ETF Trust and Invesco QQQ ETF showed slight premarket movements. Key companies like Berkshire Hathaway and Li Auto saw premarket gains following earnings reports.

Portfolio Pulse from Shanthi Rexaline

February 26, 2024 | 10:33 am

AVB

Morgan Stanley analyst Adam Kramer upgraded AvalonBay Communities (AVB) from Equal-Weight to Overweight and increased the price target from $175 to $191.5. This adjustment reflects a more optimistic outlook on AVB's stock.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:32 am

BTCUSD

Max Keiser, a Bitcoin advocate, compared buying Bitcoin at its current price to purchasing Berkshire Hathaway shares when they were at $1,500, suggesting a potential for significant growth. He forecasted a possible 41,828% increase in Bitcoin's value, which would elevate its market cap to over $454 trillion. This comes alongside his warning of an impending market crash, where Bitcoin would emerge as a safe haven.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 10:21 am

AMZN

GE

WBA

Amazon.com Inc (NASDAQ:AMZN) is set to replace Walgreens Boots Alliance, Inc. (NASDAQ:WBA) in the Dow Jones Industrial Average (DJIA), sparking concerns due to historical precedents where stocks added to the DJIA underperformed. Charlie Bilello highlighted that Walgreens' stock dropped 58% since its addition in 2018, while the DJIA and the replaced company, General Electric (NYSE:GE), gained significantly. Despite concerns, Amazon's strong fundamentals and recent performance suggest potential for continued momentum.

Portfolio Pulse from Shanthi Rexaline

February 26, 2024 | 10:05 am

LNVGF

LNVGY

Lenovo Group Ltd (OTC:LNVGF) (OTC:LNVGY) showcased a prototype laptop with a see-through screen at the Mobile World Congress in Barcelona. The device features AI-powered capabilities, including a camera that can identify objects behind the screen. Although it's a concept with no immediate sales plans, it highlights Lenovo's commitment to innovation. This comes as Lenovo's PC sales decline post-COVID-19 surge and amidst challenges like a call for a US ban on its computers impacting shares. Lenovo's recent moves, including a partnership with Baidu for AI integration in smartphones, aim to keep it ahead in the tech industry.

Portfolio Pulse from Benzinga Neuro

February 26, 2024 | 9:12 am

LI

Li Auto's stock is trading higher following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company has provided guidance for Q1 that has positively influenced investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:11 am

XIACF

Xiaomi Corp (OTC:XIACF) is targeting 20 million premium users in China with its new electric vehicle (EV), the SU7, set to be unveiled at the Mobile World Congress in Barcelona. The company is exploring various price points for the SU7, which has a $10 billion development budget. Despite comparisons to Porsche models and a competitive market, Xiaomi is confident in its ecosystem development and premiumization strategy. The company plans to start production of the SU7 soon, aiming to produce over 10,000 units by July.

Portfolio Pulse from Benzinga Neuro

February 26, 2024 | 8:51 am