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Stock Prices

BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) stock has risen over 50% in the past five sessions, with a significant increase in trading volume. The company reported mining 403 Bitcoins in November, an 81.5% year-over-year increase. The stock's surge is also attributed to the ongoing Bitcoin rally and anticipation of a spot Bitcoin ETF approval. Bitdeer's stock is up more than 175% over the past month.

Portfolio Pulse from Erica Kollmann

December 26, 2023 | 5:07 pm

NTES

SPY

TCEHY

NetEase, Inc (NASDAQ:NTES) stock is up on Tuesday after China approved 105 domestic games, including titles from NetEase and Tencent Holdings Ltd (OTC:TCEHY), following recent industry restrictions. The National Press and Publication Administration (NPPA) of China implemented new regulations last week, reminiscent of the 2021 tech sector crackdown. Despite this, NetEase's stock has gained over 20% year-to-date, outperforming the SPDR S&P 500 (NYSE:SPY).

Portfolio Pulse from Anusuya Lahiri

December 26, 2023 | 5:03 pm

BCEL

Atreca, Inc. (BCEL) shares dropped following the announcement of selling antibody-related assets to Immunome for $5.5 million upfront and potential $7 million in milestones.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 5:03 pm

ARM

Rosenblatt has reaffirmed its Buy rating on ARM Holdings (NASDAQ:ARM) and increased its price target from $85.00 to $110.00. ARM Holdings' shares are currently up 1.42% at $73.32. The new price target suggests a potential upside of 50.03%. ARM Holdings is a leading IP owner in smartphone CPUs and other battery-powered devices, licensing its ARM architecture to companies like Apple and Qualcomm.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 5:00 pm

SKWD

BMO Capital has maintained its Market Perform rating for Skyward Specialty (NASDAQ:SKWD) and increased its price target from $29.00 to $31.00. Despite the upgrade, the new target suggests a potential downside of 8.15% from the current trading price of $33.75. Skyward Specialty is a specialty insurance company offering a range of commercial property and casualty products.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 5:00 pm

DHR

Over the past 10 years, Danaher (NYSE:DHR) has produced an average annual return of 16.08%, outperforming the market by 6.18% on an annualized basis. A $1000 investment in DHR a decade ago would be worth $4,465.75 today. Danaher's market capitalization currently stands at $170.22 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 5:00 pm

CBRE

Over the past 5 years, CBRE Group (NYSE:CBRE) has delivered an average annual return of 18.28%, outperforming the market. A $1000 investment in CBRE stock 5 years ago would now be worth $2,323.39. CBRE Group currently has a market cap of $28.03 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 5:00 pm

CACO

Caravelle International Group has been granted an additional 180 days by Nasdaq to meet the minimum bid price requirement, according to an SEC filing. The company is committed to achieving compliance within this extended timeframe.

Portfolio Pulse from Happy Mohamed

December 26, 2023 | 4:51 pm

AMD

AVGO

INTC

LRCX

MPWR

NVDA

SMH

SOXX

The semiconductor industry, tracked by the iShares Semiconductor ETF (SOXX), has seen a 66% increase in 2023, reaching new all-time highs. The VanEck Semiconductor ETF (SMH) and companies like Nvidia (NVDA), AMD, Broadcom (AVGO), Lam Research (LRCX), Intel (INTC), Monolithic Power Systems (MPWR), and Micron Technology (MU) have also seen significant gains. However, concerns arise as the SOXX ETF shows overbought signals and semiconductor stocks trade at high valuations, with some trading at over 50 times forward earnings. Analysts' price targets suggest that the expected growth may already be priced in.

Portfolio Pulse from Piero Cingari

December 26, 2023 | 4:48 pm

DSS

Shares of DSS are trading lower following the announcement of a 1-for-20 reverse stock split, which typically indicates a company's attempt to boost its share price to meet exchange listing requirements or to improve perceptions of its stock.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 4:42 pm