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TSLA

Tesla Inc's Q1 production and delivery numbers have disappointed analysts, marking the first year-over-year decline in deliveries since 2020. Factors contributing to the decline include the production ramp of the updated Model 3, factory shutdowns due to the Red Sea conflict, and an arson attack at its German gigafactory. Analysts describe the quarter as a disaster, with particular concern over sales in China and margin compression. Despite the negative short-term outlook, some analysts remain bullish on Tesla's long-term prospects.

Portfolio Pulse from Adam Eckert

April 02, 2024 | 3:54 pm

ONTX

Onconova Therapeutics has announced a definitive merger agreement to acquire all outstanding equity interests of Trawsfynydd. This move has led to a decrease in Onconova's share prices.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:53 pm

OMQS

OMNIQ Corp's shares are trading lower following the announcement of their Q4 revenue results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:49 pm

GUTS

Fractyl Health's shares experienced volatility, initially spiking after announcing FDA IDE approval for the Revita Remain-1 pivotal study but later rebounded following the release of Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:46 pm

JD

Financial analysis of JD.com (NASDAQ:JD) reveals unusual options activity, with a bearish sentiment prevailing among significant investors. The analysis shows 11 unusual trades, with 36% bullish and 63% bearish tendencies. The trades include 3 puts valued at $941,595 and 8 calls valued at $770,355. The predicted price range for JD.com over the next three months is between $24.0 and $35.0. The volume and open interest of calls and puts within this price range have been analyzed for the last 30 days. Additionally, JD.com's current market standing shows a slight price decrease with a potential overbought situation. Expert opinions vary, with an average target price of $33.4, ranging from neutral to buy ratings.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:46 pm

BTCUSD

Economist Peter Schiff criticized Bitcoin following a 6% drop, contrasting its volatility with the stability of gold. Schiff's comments highlight the ongoing debate between Bitcoin and gold as investment assets. He also pointed out the risk for ETF investors who are 'trapped' until the market opens, following such sudden drops in asset prices.

Portfolio Pulse from Ivan Crnogatić

April 02, 2024 | 3:45 pm

DELL

Dell shares are trading lower due to an overall weakness in the technology sector.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:44 pm

SQ

Block shares are trading lower due to overall market weakness and a rise in yields.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:44 pm

SKYX

SKYX Platforms shares are trading lower following the announcement of worse-than-expected Q4 earnings per share (EPS) results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:41 pm

FXI

SPY

China's President Xi emphasized the need for strengthened dialogue and prudent management of differences with mutual respect, according to Reuters. This statement could influence US-China relations and impact related financial markets.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:40 pm