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TIAUSD

Celestia's cryptocurrency (TIA) has seen a 3.82% decrease in price over the last 24 hours, marking a continuation of its 10% decline over the past week. The trading volume for TIA has decreased by 30%, despite a 1.05% increase in circulating supply, now at 164.50 million. Currently, TIA's market cap ranks #37 at $3.03 billion.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 7:00 pm

BZFD

BuzzFeed Inc (NASDAQ:BZFD) shares surged 45.3% to $0.25 following a report that The Independent is in talks to take control of BuzzFeed and Huffington Post operations in the UK and Ireland. The deal would see The Independent managing editorial and commercial aspects of BuzzFeed's UK brands, with BuzzFeed continuing to provide global content support. The stock's volume was over 70x its 100-day trailing average.

Portfolio Pulse from Henry Khederian

February 15, 2024 | 6:59 pm

APD

Air Products & Chemicals (APD) shares are trading higher following an upgrade from Neutral to Buy by B of A Securities, which also set a $264 price target for the stock.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 6:57 pm

MFC

Manulife Financial's stock is trading higher following the announcement of better-than-expected Q4 adjusted EPS results and an increase in its common share dividend.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 6:55 pm

PLMR

Palomar Holdings' shares surged following the announcement of their Q4 earnings per share (EPS), which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 6:47 pm

APD

BofA Securities analyst Steve Byrne upgraded Air Products & Chemicals Inc (NYSE:APD) to Buy from Neutral with a price target of $264, citing an unwarranted valuation disconnect, lower risk in speculative project backlog, and a strong base business. Despite missing Q1 2024 earnings expectations due to challenges in its helium business, the company's long-term outlook remains positive with a $20 billion project backlog. APD shares rose 4.4% to $226.54.

Portfolio Pulse from Lekha Gupta

February 15, 2024 | 6:47 pm

CCL

Recent options trading activity for Carnival (NYSE:CCL) shows a bullish sentiment among investors, with 71% of trades being bullish. Significant trading activity aims for a price range of $15.0 to $19.0 over the next three months. Carnival, the largest global cruise company, has seen its stock price slightly decrease by -0.05%, currently at $15.26. Analysts have set an average price target of $18.0, with Truist Securities maintaining a Hold rating at the same target price.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 6:45 pm

AAPL

LLY

NFLX

NVDA

Bridgewater Associates, led by Ray Dalio, adjusted its portfolio in Q4 2023, making significant investments in tech and pharma sectors. New positions include AAPL, ORCL, CCI, CTRA, WFC, DAL, and LLY. The fund exited NFLX, TMO, MCHP, AKAM, and CEG. Notably, Bridgewater increased its NVDA stake by 458%, reflecting confidence in the tech sector, alongside investments in META, MSFT, and additional shares in GOOG. These strategic moves indicate a diversification and a bullish outlook on tech and healthcare.

Portfolio Pulse from Surbhi Jain

February 15, 2024 | 6:39 pm

ZBRA

Zebra Technologies Corp (NASDAQ:ZBRA) reported Q4 FY23 net sales of $1.01 billion, surpassing consensus estimates despite a 32.9% Y/Y decline. Adjusted EPS of $1.71 also beat expectations. The company anticipates Q1 net sales to decrease by 17-20% Y/Y but expects an adjusted EPS above consensus. FY24 net sales are projected to change by (-1)% to 3% Y/Y. Shares surged 13.10% to $286.01.

Portfolio Pulse from Anusuya Lahiri

February 15, 2024 | 6:37 pm

CRM

GDDY

Starboard Value, led by Jeffrey Smith, has increased its activist investment in GoDaddy (GDDY) and reduced its stake in Salesforce (CRM), according to a CNBC report. This move indicates a strategic shift in Starboard's investment focus, potentially aiming to influence GoDaddy's business direction while capitalizing on gains from Salesforce.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 6:36 pm