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Assets

WIT

Wipro (NYSE:WIT) has outperformed the market over the past 20 years, producing an average annual return of 10.14%. If an investor had bought $1000 of WIT stock 20 years ago, it would be worth $7,089.68 today. The company currently has a market capitalization of $25.95 billion.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 9:00 pm

ADP

A significant bearish stance has been taken on Automatic Data Processing (NASDAQ:ADP) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $200.0 to $280.0 for ADP over the last 3 months. Morgan Stanley and Barclays have maintained their Equal-Weight and Overweight ratings on ADP, respectively, with price targets of $260 and $285.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 8:46 pm

TDOC

Elliott Investment Management has increased its stake in Teladoc notes.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:46 pm

AXP

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc., has partnered with American Express Global Business Travel (Amex GBT) and Shell Aviation to join one of the world's largest sustainable aviation fuel (SAF) programs. The collaboration aligns with Google's goal to achieve net zero across its operations by 2030. The SAF program, launched by Amex GBT and Shell Aviation, aims to establish a clear demand for SAF by uniting major corporations. The program made available 1 million gallons of SAF for corporate clients in 2022.

Portfolio Pulse from Jose Rodrigo Safdiye

August 14, 2023 | 8:38 pm

BSY

Bentley Systems (NASDAQ:BSY) has acquired Blyncsy, a provider of AI services for transportation operations and maintenance. The acquisition will bolster Bentley's iTwin Ventures portfolio by accelerating the development of infrastructure asset analytics. Blyncsy's AI services replace manual data collection efforts, improving transportation owner-operators' awareness and timely mitigation of road conditions.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 8:37 pm

ASTS

AST SpaceMobile Inc reported a Q2 earnings loss of 24 cents per share, missing estimates for a loss of 19 cents per share. The company raised up to $179 million in cash and liquidity during the quarter and ended with $191.5 million. AST SpaceMobile also reported progress in its space-based 4G LTE cellular broadband capabilities and plans to launch its first five fully funded BlueBird satellites in Q1 2024.

Portfolio Pulse from Adam Eckert

August 14, 2023 | 8:31 pm

ADI

Analog Devices (NASDAQ:ADI) has outperformed the market over the past 10 years, producing an average annual return of 14.5%. If an investor had bought $1000 of ADI stock 10 years ago, it would be worth $3,880.08 today.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 8:30 pm

MSCI

Over the past 10 years, MSCI (NYSE:MSCI) has outperformed the market by 20.02% on an annualized basis, producing an average annual return of 30.48%. If an investor had bought $100 of MSCI stock 10 years ago, it would be worth $1,440.21 today.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 8:30 pm

AMD

Third Point, a hedge fund, has added 200,000 shares of Advanced Micro Devices (AMD) to its portfolio.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:29 pm

ZVIA

Zevia has announced the appointment of Florence Neubauer as its interim CFO, effective from September 4. She will be succeeding Denise Beckles.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:21 pm