$TD Synnex (SNX.US)$
Tech Giant TD SYNNEX Claims Triple Crown in Palo Alto Networks' Most Prestigious Distribution Awards

Hedge fund managers are adjusting their sails in the stock market, redirecting investments from mega-cap technology firms to a diverse array of companies poised to benefit from the artificial intelligence (AI) revolution, a new report from $Goldman Sachs (GS.US)$ reveals.
An analysis of 707 hedge funds, with a mighty $2.7 trillion in equity positions, has highlighted a strategic shift in their stock holdings in 2024 Q1. Thes...

Morning Movers
Gapping up
$Estee Lauder (EL.US)$ Shares soared over 3% following an upgrade to buy from neutral by Bank of America, which referenced the company's profitability recovery efforts, new products, and growing market share in the prestige beauty sector.
$Allstate (ALL.US)$ The insurance stock climbed 0.9% after HSBC raised its rating to buy from hold, with analyst Vikram Gandhi commending the company's "decisive management...

Here are the top gap ups and downs for the stocks with a market cap above $5 billion after market closed (gaps range from large to small):
Gap Ups
1. $Korea Electric Power (KEP.US)$ - up 3.7%
2. $Unity Software (U.US)$ - up 2.9%
3. $NetEase (NTES.US)$ - up 1.7%
4. $Banco Santander (SAN.US)$ - up 1.5%
5. $Kellanova (K.US)$ - up 1.5%
6. $Saia (SAIA.US)$ - up 0.9%
7. $Prudential (PUK.US)$ - up 0.9%
8. $Logitech International (LOGI.US)$ - up 0...

Gainers:
• $Kezar Life Sciences (KZR.US)$ +92% (announces positive top line results from the MISSION Phase 2 trial)
• $Sutro Biopharma (STRO.US)$ +24.5% (Sutro Biopharma and Astellas to collaborate to advance novel immunostimulatory antibody-drug conjugates)
• $Ceragon (CRNT.US)$ +17.7% (AVNW to acquire all shares of CRNT that it does not already own for $2.80/sh)
• $Trip.com (TCOM.US)$ +15.6% (In reaction to earnings/guidance)
• $Apyx Medical (APYX.US)$ +8% (anno...