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YOU

CLEAR (NYSE:YOU), an authorized TSA PreCheck enrollment provider, is expanding its footprint by opening seven new enrollment locations across the U.S. This expansion aims to provide more convenience for consumers to enroll or renew in the TSA PreCheck program.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:03 pm

SNAP

Analysts have provided mixed ratings for Snap (NYSE:SNAP) in the latest quarter, with a notable increase in price targets. The average 12-month price target is now $15.0, up from $13.11. Snap's financial health shows strong revenue growth but challenges in net margin and debt management.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 12:02 pm

BTM

Bitcoin Depot is set to sell 200 additional kiosks to Sopris Capital through a profit-sharing program. This move is expected to expand Bitcoin Depot's reach and potentially increase its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:02 pm

SG

Over the past three months, 12 analysts have shared their insights on Sweetgreen (NYSE:SG), with opinions ranging from bullish to bearish. The average 12-month price target has increased to $30.83 from $25.00. Analysts have recently adjusted their ratings and price targets, reflecting a mix of 'Equal-Weight', 'Overweight', 'Hold', 'Buy', 'Outperform', and 'Neutral' stances. Sweetgreen has shown a positive revenue growth rate of 26.22% but faces challenges with net margin, ROE, and ROA below industry averages.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 12:01 pm

PLTR

Nine analysts have provided mixed ratings for Palantir Technologies (NYSE:PLTR) over the past quarter. The average 12-month price target has increased to $23.0, with a high of $35.00 and a low of $9.00. Recent ratings include a mix of 'Underperform', 'Sell', 'Buy', 'Hold', and 'Neutral'. Palantir has shown strong revenue growth and net margins but lags in return on equity.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 12:01 pm

BLK

BlackRock Inc. (NYSE:BLK) CEO Larry Fink highlights a shift in fixed-income markets as investors move from traditional bonds to ETFs and alternative assets. This trend, driven by expectations of a U.S. rate cut and a significant equity rally, has led to record inflows into BlackRock's ETF products and increased interest in infrastructure investments. BlackRock's quarterly revenue rose 8% to $4.81 billion, with net income surpassing expectations at $1.5 billion.

Portfolio Pulse from Benzinga Neuro

July 16, 2024 | 11:54 am

MICS

Singing Machine shares are trading higher following the completion of its acquisition of SemiCab, which has over $9 million in contracted services.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 11:54 am

BAC

DJT

JBHT

MS

MTCH

QQQ

SPY

UNH

Wall Street is set to extend gains amid hopes for interest rate cuts, with bond yields slipping. Small-cap stocks are rallying, reflecting market optimism. Key economic data and earnings reports are expected to influence market movements. SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showed premarket gains.

Portfolio Pulse from Shanthi Rexaline

July 16, 2024 | 11:46 am

UNH

UnitedHealth Group (NYSE:UNH) reported better-than-expected Q2 2024 earnings with adjusted EPS of $6.80 and revenues of $98.86 billion. The company also updated the impact of a recent cyberattack and reaffirmed its profit outlook.

Portfolio Pulse from Vandana Singh

July 16, 2024 | 11:45 am

BAC

Bank of America projects its Q4 Net Interest Income (NII) to be approximately $14.5 billion.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 11:43 am