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HBAN

Huntington Bancshares Incorporated (NASDAQ:HBAN) reported Q4 revenues of $1.72 billion, below the expected $1.77 billion. Net interest income and noninterest income both declined year over year, but average total deposits and loans increased. The company's credit loss allowance and capital ratios improved. Adjusted EPS met expectations at $0.27. CEO Steve Steinour expressed optimism for 2024, citing attractive growth opportunities. HBAN shares rose 1.67% to $12.44.

Portfolio Pulse from Nabaparna Bhattacharya

January 19, 2024 | 3:50 pm

NVDA

Raymond James analyst Srini Pajjuri has reaffirmed a Strong Buy rating on NVIDIA Corporation (NASDAQ:NVDA) and increased the price target from $600 to $700.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:49 pm

KIRK

Kirkland's reported positive holiday 2023 comparable sales results, which has led to its shares trading higher. Additionally, the company has promoted Amy Sullivan to the position of CEO.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:48 pm

TSLA

Analysis of Tesla's (NASDAQ:TSLA) options activity reveals a bearish sentiment among financial giants, with 65% of trades showing bearish tendencies. The trades consist of 58 puts worth $4.17 million and 50 calls worth $3.06 million. The predicted price range for Tesla is between $175.0 and $280.0. Notable options activity includes various put trades with different sentiments and expiration dates. Tesla's current trading volume is 29,526,137, with a slight price drop of -0.95% to $209.88, and an earnings announcement is expected in 5 days.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 3:46 pm

AMZN

Amazon Web Services (AWS) plans to invest approximately $15.5 billion in Japan from 2023 to 2027 to expand data centers and operations. This investment aims to capitalize on the increasing volume of data processed due to the AI boom. AWS has previously invested 1.51 trillion yen in Japan over 12 years. The new investment in Japan will surpass the planned investment in India. John Felton has been appointed as the new CFO of AWS, succeeding Richard Puccio. Despite AWS's slower growth due to economic uncertainty, Amazon has had a significant year with initiatives in robotics, AI, and custom silicon chips, alongside workforce downsizing across various units. Amazon's stock rose 64% last year but is slightly down in the latest trading session.

Portfolio Pulse from Anusuya Lahiri

January 19, 2024 | 3:45 pm

MRVL

Raymond James analyst Srini Pajjuri has reaffirmed an Outperform rating on Marvell Tech (NASDAQ:MRVL) and increased the price target from $62 to $78, signaling confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:44 pm

INTC

Raymond James analyst Srini Pajjuri has maintained an Outperform rating on Intel Corporation (NASDAQ:INTC) and increased the price target from $48 to $54, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:42 pm

AMD

Raymond James analyst Srini Pajjuri has reaffirmed a Strong Buy rating on Advanced Micro Devices (AMD) and increased the price target from $140 to $190, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:40 pm

LRCX

Raymond James analyst Srini Pajjuri has reaffirmed an Outperform rating on Lam Research (NASDAQ:LRCX) and increased the price target from $725 to $850, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:39 pm

KSPI

Kaspi Kz Jsc ADS, represented by the ticker KSPI, is indicated to open at $92 based on the pre-market trading volume of 297,000 shares.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 3:39 pm