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Revenues

CZR

Caesars Entertainment (NASDAQ:CZR) has been analyzed by 9 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target is $52.67, with a high of $62.00 and a low of $33.00. Recent sentiment has turned slightly negative, with a 3.14% decrease in the average price target. Key financial indicators reveal challenges in revenue growth, net margin, ROE, and ROA, although the company maintains a conservative debt management approach.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 5:01 pm

NIPG

NIP Group (NASDAQ:NIPG), the first esports company to list on Nasdaq, went public on July 26. The company, known for its 'Ninjas in Pyjamas' esports teams, aims to capitalize on the growing interest in esports, which is now larger than the music and film industries combined. The IPO saw the stock price surge over 80% before stabilizing. The company is diversified across various revenue streams and geographies, and the founder is optimistic about the future of competitive gaming.

Portfolio Pulse from Hayden Buckfire

July 31, 2024 | 4:58 pm

AMZN

GOOG

GOOGL

MSFT

JMP Securities analyst Nicholas Jones is optimistic about Amazon's AWS growth, expecting it to outpace Microsoft's Azure. Jones rated Amazon shares with Market Perform and a price target of $225. Microsoft Azure's revenue missed expectations, while Google Cloud beat them. Jones projects Amazon's AWS to grow 18% y/y in Q2, with stable-to-accelerating growth trends through the year.

Portfolio Pulse from Anusuya Lahiri

July 31, 2024 | 4:56 pm

APO

EVRI

IGT

Apollo Global Management (NYSE:APO) shares are trading higher ahead of its 2024 fiscal year second quarter earnings release. The company recently announced multiple investments and acquisitions, including a $700 million capital solution to Sony Music Group and the acquisition of International Game Technology's gaming and digital business, as well as Everi Holdings Inc. (NYSE:EVRI).

Portfolio Pulse from Dylan Berman

July 31, 2024 | 4:53 pm

CDW

FCTE

WBIL

CDW Corporation (NASDAQ:CDW) reported worse-than-expected Q2 FY24 results, with net sales declining 3.6% Y/Y to $5.423 billion, missing the consensus of $5.425 billion. The challenging IT spending environment led to decreased sales across various segments. Despite a slight increase in gross margin, adjusted EPS of $2.50 missed the consensus of $2.53. CDW shares are down 5.73% following the report. Investors can gain exposure to CDW via SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) and WBI BullBear Quality 3000 ETF (NYSE:WBIL).

Portfolio Pulse from Lekha Gupta

July 31, 2024 | 4:51 pm

GLASF

JSDA

SHFS

SHWZ

Several cannabis companies, including Glass House Brands, Schwazze, Jones Soda, and SHF Holdings, are set to release their earnings reports in mid-August 2024. Key updates include Glass House's legal victory, Schwazze's debt restructuring, Jones Soda's private placement, and SHF Holdings' partnership with BIPOCann.

Portfolio Pulse from Jelena Martinovic

July 31, 2024 | 4:40 pm

XPEV

XPeng Inc. (NYSE:XPEV) shares are trading higher following the company's announcement of AI innovations and the global rollout of Tianji XOS 5.2. XPeng is expanding its Go Global 2.0 strategy and plans to debut a next-generation supercharger this quarter.

Portfolio Pulse from Nabaparna Bhattacharya

July 31, 2024 | 4:40 pm

AMD

AMD CEO Lisa Su highlighted the early stages of a multiyear AI 'supercycle' following strong Q2 results, with revenue of $5.835 billion and adjusted earnings of 69 cents per share. Su emphasized the growing demand for AI and compute power, countering concerns about a potential slowdown in AI investments.

Portfolio Pulse from Adam Eckert

July 31, 2024 | 4:39 pm

PKB

Trane Technologies (NYSE:TT) reported strong Q2 results, surpassing revenue and EPS expectations, and raised its FY24 guidance. Revenues grew 13% Y/Y to $5.31 billion, and bookings increased 19% Y/Y to $5.34 billion. The company also reported a significant backlog and plans to maintain a competitive dividend while deploying excess cash to shareholders. Investors can gain exposure via Invesco Building & Construction ETF (NYSE:PKB) and AdvisorShares Gerber Kawasaki ETF (NYSE:GK).

Portfolio Pulse from Lekha Gupta

July 31, 2024 | 4:30 pm

ARES

Ares Management shares are trading higher following the announcement of the closing of its Senior Direct Lending Fund III with a total capital base of $33.6 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:30 pm