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SCHW

JMP Securities analyst Devin Ryan has reiterated a 'Market Outperform' rating on Charles Schwab (NYSE:SCHW) and maintained a price target of $77.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 4:41 pm

AAPL

FXI

iPhone prices are being reduced in China ahead of the Lunar New Year due to declining sales and increased competition from domestic brands like Huawei. Alibaba's Tmall and JD.com are offering significant discounts on iPhones, with Tmall's promotion running until January 31. Apple is also providing discounts at its physical stores and website in China, though less steep than the online retailers. iPhone shipments in China dropped by 4% year-on-year for Q3 2023, and sales in the first week of 2024 fell by approximately 30% compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 4:40 pm

CSGP

JMP Securities analyst Nicholas Jones has reiterated a 'Market Outperform' rating on CoStar Group (NASDAQ:CSGP) and maintained a price target of $90.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 4:37 pm

RIOT

Over the past 5 years, Riot Platforms (NASDAQ:RIOT) has produced an average annual return of 46.84%, outperforming the market by 34.32% on an annualized basis. A $1000 investment in RIOT 5 years ago would be worth $6,828.03 today. Riot Platforms currently has a market capitalization of $2.25 billion.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 4:34 pm

CCJ

Over the past 20 years, Cameco (NYSE:CCJ) has produced an average annual return of 9.3%, outperforming the market by 1.95% annually. A $100 investment in CCJ 20 years ago would be worth $572.70 today. The company currently has a market capitalization of $20.90 billion.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 4:34 pm

RRR

JMP Securities analyst Jordan Bender has reaffirmed a Market Outperform rating on Red Rock Resorts (NASDAQ:RRR) and increased the price target from $52 to $55.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 4:33 pm

MSFT

OTGLF

SONY

TTWO

Take Two Interactive Software Inc's 'Grand Theft Auto 6' trailer has become the second most-watched video game trailer on YouTube with over 168 million views. It ranks ahead of trailers for 'Red Dead Redemption 2,' CD Projekt SA's 'Cyberpunk 2077,' and Microsoft Corp.'s 'Minecraft,' but behind 'Subway Surfers.' The game is set to launch in 2025 on PlayStation 5 and Xbox Series X and S, with no mention of a PC release. The trailer features a female protagonist and hints at gameplay elements and social media integration.

Portfolio Pulse from Franca Quarneti

January 18, 2024 | 4:30 pm

WABC

Westamerica Bancorp (NASDAQ:WABC) reported Q4 earnings with an EPS of $1.48, beating estimates by 1.37% and showing a revenue increase of $1.11 million year-over-year. The company has a history of surpassing EPS estimates, which in the past has led to a share price increase the following day.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 4:30 pm

DWAC

Shares of Digital World Acquisition Corp (DWAC) are trading higher following Donald Trump's victory in the Iowa GOP caucus. DWAC is the business combination partner of Trump Media & Technology Group, which is associated with Donald Trump.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 4:29 pm

HALO

Halozyme Therapeutics' stock price is trading lower following price target reductions by HC Wainwright and Goldman Sachs. Despite the news that argenx received approval in Japan for VYVDURA injection, which is co-formulated with Halozyme's ENHANZE technology, the lowered price targets have negatively impacted investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 4:28 pm