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AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

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The Market Clubhouse Morning Memo for August 14th, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key support and resistance levels for each asset, suggesting potential bullish and bearish targets. The release of July's CPI data and the Real Average Hourly Earnings report are expected to drive significant market volatility.

Portfolio Pulse from RIPS

August 14, 2024 | 2:31 pm

TNON

Tenon Medical shares are trading lower after the company reported worse-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:28 pm

LLY

NVO

PFE

Eli Lilly (LLY) reported outstanding Q2 results, driven by high demand for its diabetes and weight loss drugs, Mounjaro and Zepbound. Revenue rose 36% to $11.30 billion, and net income surged to $2.97 billion. The company also raised its full-year guidance. In contrast, Novo Nordisk (NVO) reported weaker sales due to price concessions. Pfizer (PFE) is still struggling to enter the weight loss market.

Portfolio Pulse from Upwallstreet

August 14, 2024 | 2:26 pm

PFGC

Performance Food Group Company (NYSE:PFGC) shares are rising due to strong Q4 earnings, beating EPS estimates but missing sales expectations. The company reported a 27.2% increase in adjusted EPS and a 2.2% rise in net sales. PFGC also announced acquisitions of Cheney Brothers and José Santiago, enhancing its distribution capacity. Despite a slight miss in sales forecasts for Q1 and 2025, shares are up 9.24%.

Portfolio Pulse from Nabaparna Bhattacharya

August 14, 2024 | 2:25 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

The article discusses the impact of recent CPI data on the stock market, highlighting aggressive buying in Nvidia (NVDA) ahead of its earnings report. It also mentions the U.S. government's potential breakup of Alphabet (GOOG) and early trade money flows in major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

August 14, 2024 | 2:21 pm

EIS

GLBE

ITEQ

Global-E Online Ltd. (NASDAQ:GLBE) shares are trading lower after the company reported second-quarter FY24 results and revised its outlook. Despite beating sales and earnings estimates, the company lowered its FY24 revenue guidance, causing the stock to drop by 8.33%. Investors can gain exposure to the stock via Amplify BlueStar Israel Technology ETF (NYSE:ITEQ) and iShares MSCI Israel ETF (NYSE:EIS).

Portfolio Pulse from Lekha Gupta

August 14, 2024 | 2:11 pm

ALBT

BURU

DGLY

EWCZ

OUST

VRCA

US stocks traded mixed with the Dow Jones gaining slightly while the NASDAQ and S&P 500 fell. Headline CPI inflation fell to 2.9% in July, below the forecast. Avalon Globocare, Digital Ally, and Nuburu saw significant stock price increases, while Ouster, Verrica Pharmaceuticals, and European Wax Center experienced notable declines.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 2:06 pm

SGRP

SPAR Group (NASDAQ:SGRP) reported Q2 sales of $57.29 million, beating the analyst consensus estimate of $44.00 million by 30.20%. However, this represents a 13.11% decrease from the same period last year. The adjusted EPS was $0.00, matching the estimate.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:03 pm

AVGO

Financial giants have shown a bearish sentiment towards Broadcom (NASDAQ:AVGO) through options trading. Analysis reveals 53% bearish and 33% bullish trades, with significant put and call options activity. Broadcom's current market position shows a slight decline, with analysts maintaining positive ratings and high price targets.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 2:01 pm

THC

Analysts' ratings for Tenet Healthcare (NYSE:THC) over the last quarter vary from bullish to bearish, with 17 analysts providing insights. The average 12-month price target is $155.59, reflecting a 14.78% increase from the previous target. Analysts from firms like UBS, Goldman Sachs, and Wells Fargo have raised their price targets, indicating positive sentiment. Tenet Healthcare has shown positive revenue growth and strong financial health, but faces challenges in debt management.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 2:00 pm