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ADBE

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TSLA

In the 15th week of the 'Is ChatGPT A Better Financial Advisor?' series, Adobe Inc (NASDAQ:ADBE) has overtaken Tesla Inc (NASDAQ:TSLA) as the top performer in the ChatGPT portfolio, with a 50.65% increase since the position was opened. The portfolio, which started with a hypothetical $10,000, is also compared to seasoned funds like the SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco Trust Series 1 (NASDAQ:QQQ).

Portfolio Pulse from AJ Fabino

August 16, 2023 | 6:10 pm

DEA

RBC Capital Markets analyst Michael Carroll has downgraded Easterly Government Properties Inc (NYSE:DEA) to Underperform from Sector Perform, lowering the price target from $15 to $13. This follows Q2 results where the company reported revenue of $71.4 million, beating the consensus of $70.6 million. However, the analyst expects DEA's earnings run-rate to be modestly lower due to the rollover of interest rate swaps that will further weigh the dividend. The company's shares are trading lower by 3.9% at $13.66.

Portfolio Pulse from Lekha Gupta

August 16, 2023 | 6:10 pm

SPY

The Federal Reserve's minutes reveal that most participants see continued 'significant' upside inflation risks. This could potentially impact the broader market, including ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 6:03 pm

SPY

The Federal Reserve's minutes reveal that some officials view the increase in home prices as an indication that the housing sector's response to rate increases has peaked.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 6:02 pm

HES

Hess (NYSE:HES) has received 8 analyst ratings in the last quarter, with 4 being somewhat bullish and 4 indifferent. The average price target is $164.62, indicating potential upside from the current price of $154.97. However, this average has decreased by 1.2% from the previous target of $166.62.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 6:01 pm

CHRW

C.H. Robinson Worldwide (NASDAQ:CHRW) has received mixed analyst ratings in the last quarter, with 1 bullish, 5 indifferent, and 3 somewhat bearish. The average price target is $90.22, which is lower than the current price of $94.77, implying a potential downside. The average price target has increased by 4.1% over the past month.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 6:01 pm

EA

In the last quarter, Electronic Arts (NASDAQ:EA) received a total of 14 analyst ratings, with 12 being bullish or somewhat bullish, and 2 being indifferent. The average 12-month price target for EA is $149.71, which has increased by 3.06% over the past month.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 6:00 pm

PLCE

Children's Place (NASDAQ:PLCE) is set to release its latest quarterly earnings report on August 17, 2023. Analysts estimate an earnings per share (EPS) of $-2.13. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $25.87, down 47.77% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 6:00 pm

SPLK

In the last quarter, Splunk (NASDAQ:SPLK) has received a mix of bullish and indifferent analyst ratings. Over the past 3 months, 22 analysts have offered 12-month price targets for Splunk, with an average price target of $119.86, up by 4.44% from the previous average of $114.76.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 6:00 pm

LVS

Las Vegas Sands's (NYSE:LVS) short percent of float has risen 9.89% since its last report, with 10.71 million shares sold short, which is 2.89% of all regular shares available for trading. It would take traders 2.14 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.28%.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 6:00 pm