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Bitcoin rises following support from Trump, McDonald's stock declines after missing earnings expectations, and Morgan Stanley reiterates a bullish rating on Tesla.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 3:03 pm

SNOW

Whales have shown unusual options activity for Snowflake (NYSE:SNOW), with a mix of bullish and bearish trades. Analysts have set a consensus target price of $198.33, with individual targets ranging from $165 to $220. The stock is currently trading at $128.96, down by 0.03%, and may be approaching oversold territory.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:02 pm

APP

AppLovin (NASDAQ:APP) has received mixed analyst ratings over the past three months, with a majority being bullish. Analysts have raised their price targets, reflecting positive sentiment. The company's financial performance shows strong revenue growth, net margin, ROE, and ROA, but it has a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:01 pm

QCOM

The article provides an in-depth analysis of Qualcomm (NASDAQ:QCOM) compared to its competitors in the Semiconductors & Semiconductor Equipment industry. It highlights Qualcomm's financial metrics, market positioning, and growth potential, indicating potential undervaluation based on PE, PB, and PS ratios, strong profitability with high ROE and gross profit, but concerns over low EBITDA and revenue growth.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:01 pm

WDAY

The article provides a comprehensive analysis of Workday (NASDAQ:WDAY) in comparison to its major competitors in the software industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are examined. Workday shows potential undervaluation with low P/E, P/B, and P/S ratios but has lower profitability metrics like ROE, EBITDA, and gross profit. However, it boasts a high revenue growth rate and a favorable debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:00 pm

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SMCI

The article provides a comprehensive analysis of Super Micro Computer (NASDAQ: SMCI) compared to its competitors in the Technology Hardware, Storage & Peripherals industry. Key financial metrics indicate that SMCI is undervalued with a strong ROE and impressive revenue growth, but it faces challenges with lower EBITDA and gross profit.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:00 pm

ARLP

Alliance Resource Partners LP (NASDAQ:ARLP) reported disappointing Q2 earnings, with revenue and earnings per unit falling short of consensus estimates. The company faced transportation delays that impacted coal sales volumes, leading to a 7.6% decline in revenue. Despite a slight increase in coal sales prices, segment adjusted EBITDA and margins also fell. ARLP shares dropped 4.85% following the news.

Portfolio Pulse from Akanksha Bakshi

July 29, 2024 | 2:57 pm

UBER

Investors with significant capital have taken a bullish stance on Uber Technologies (NYSE:UBER), as evidenced by 12 uncommon options trades spotted by Benzinga's options scanner. The sentiment is predominantly bullish, with 8 call options totaling $2,113,444 and 4 put options totaling $252,686. The expected price range for UBER is between $62.5 and $75.0 over the next three months. Analysts have mixed ratings, with an average target price of $88.4.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:46 pm

LLY

Recent options trading trends for Eli Lilly and Co (NYSE: LLY) show a bullish stance among investors, with significant trades in both calls and puts. Analysts maintain high price targets, and the stock is currently up by 1.56% at $817.21.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:46 pm

FFIV

Top Wall Street analysts have updated their price targets for F5, Inc. (NASDAQ:FFIV) ahead of its Q3 earnings release on July 29. Analysts expect earnings of $2.97 per share, down from $3.21 a year ago, and revenue of $685.76 million. The stock closed at $177.34, up 2.1%.

Portfolio Pulse from Avi Kapoor

July 29, 2024 | 2:38 pm