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AMD

INTC

NVDA

Nvidia Corp (NASDAQ:NVDA) has seen its stock more than triple in 2023, reaching $488.30 from $143.15. The company's market cap is now $1.2 trillion, with increased earnings and revenue. Nvidia's success is linked to high demand for its graphics cards used in AI training. Technical indicators are bullish, with the 50-day SMA crossing over the 100-day SMA. However, Nvidia's forward P/E of 39.70, while lower than peers AMD and Intel, is still high, and a bearish divergence in the OBV indicator suggests potential consolidation. Nvidia's 2024 guidance is optimistic, with expected growth in data center GPU shipments.

Portfolio Pulse from Surbhi Jain

December 26, 2023 | 2:02 pm

PSA

Public Storage (NYSE:PSA) has delivered an average annual return of 10.04% over the past 20 years, outperforming the market by 2.52% annually. A $1000 investment in PSA 20 years ago would be worth $6,771.14 today. The company's market capitalization stands at $52.39 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:00 pm

AXP

Over the past 15 years, American Express (NYSE:AXP) has produced an average annual return of 16.59%, outperforming the market by 4.9% on an annualized basis. A $1000 investment in AXP 15 years ago would be worth $10,308.33 today. American Express currently has a market capitalization of $135.22 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:00 pm

GRCL

HOLI

NVDA

SSYS

TSLA

USDT-USD

Sam Altman's Worldcoin outperformed Bitcoin and Ethereum during Christmas as technical indicators turned bullish. Tether issued $1B USDT on Ethereum's network. Solana surpassed $100 with increased network activity, and Dogecoin's growing addresses could signal a rally. Over 90,000 Bitcoin wallets are now worth $1M+. The SEC is in talks with major players regarding a Bitcoin ETF. US markets saw pre-market movement in stocks like Gracell Biotechnologies, Stratasys, and Hollysys Automation Technologies. The FBI is concerned about China's AI misuse for espionage. In tech, Nvidia is poised to become the biggest chipmaker by revenue, and Tesla's stock rebounded post-Christmas. An AI startup backed by LVMH can verify the authenticity of Louis Vuitton bags.

Portfolio Pulse from Akanksha Bakshi

December 26, 2023 | 1:55 pm

MIST

Milestone Pharmaceuticals' stock is trading lower following the FDA's Refusal to File letter for the New Drug Application of etripamil nasal spray, intended to treat paroxysmal supraventricular tachycardia.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 1:55 pm

AWIN

AERWINS Technologies' stock is trading higher following the announcement of a letter of intent to form a joint entity with Helicopter Technology, where AERWINS will hold a 70% stake and Helicopter Technology will hold 30%.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 1:50 pm

BMY

RYZB

Bristol Myers Squibb (BMY) is set to acquire RayzeBio (RYZB) for $4.1 billion, enhancing its oncology portfolio with RayzeBio's radiopharmaceutical therapeutics (RPT) platform. The deal, expected to close in the first half of 2024, will be financed mainly through new debt and is anticipated to dilute BMY's non-GAAP diluted EPS by $0.13 in 2024. RYZB shares surged over 100% in premarket trading.

Portfolio Pulse from Vandana Singh

December 26, 2023 | 1:48 pm

SCCO

Southern Copper Inc. (NYSE:SCCO) stock has seen a 22.49% increase over the past month and a 44.12% increase over the past year, currently trading at $88.00. The company's P/E ratio is lower than the Metals & Mining industry average, which could indicate that the stock is undervalued or that investors have lower growth expectations. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for a comprehensive investment decision.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 1:45 pm

SXTP

60 Degrees Pharmaceuticals shares have risen following the announcement of IRB approval for a Phase IIA clinical study of tafenoquine for babesiosis.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 1:39 pm

TTWO

The source code for Grand Theft Auto V (GTA V) has reportedly been leaked online following a previous security breach at Rockstar Games by the Lapsus$ group. The leak was shared on platforms like Discord and Telegram, with links provided by an operator of a GTA leak channel. The authenticity of the source code has been affirmed by BleepingComputer but not independently confirmed. The Lapsus$ group, known for social engineering and SIM swapping attacks, has targeted companies like Uber, Microsoft, Nvidia, and Samsung, and some members are now part of Scattered Spider. The leak could have significant legal and security implications for Rockstar Games and its parent company, Take-Two Interactive Software Inc. (NASDAQ:TTWO).

Portfolio Pulse from Benzinga Neuro

December 26, 2023 | 1:36 pm