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UXIN

Uxin (NASDAQ:UXIN) reported Q4 losses of $(0.02) per share, beating the analyst consensus estimate of $(0.10) by 80%. However, the company's quarterly sales of $50.06 million missed the analyst consensus estimate of $70.14 million by 28.63%. This represents a 37.25% decrease over sales of $79.78 million from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:10 am

PEG

UBS analyst Ross Fowler has downgraded Public Service Enterprise (NYSE:PEG) from Buy to Neutral and lowered the price target from $70 to $66.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 9:54 am

BHR

B. Riley Securities analyst Bryan Maher has downgraded Braemar Hotels & Resorts (NYSE:BHR) from Buy to Neutral and lowered the price target from $7 to $3.5.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 9:52 am

PHG

Exor N.V. has purchased a 15% stake in Koninklijke Philips NV (NYSE:PHG), causing a surge in Philips' shares by around 5%. The investment will allow Exor to nominate a member to Philips' Supervisory Board and potentially increase its stake to a maximum of 20%. Philips reported a Q2 sales growth of 9% YoY to €4.47 billion ($4.87 billion).

Portfolio Pulse from Lekha Gupta

August 14, 2023 | 9:48 am

HNHPF

Hon Hai Technology Group has revised its FY23 outlook downwards from previous expectations of a flat performance. The company expects a slight decline in the coming fiscal year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 9:21 am

AMZN

TGT

WMT

XRT

Ahead of the retail earnings season, CNBC's Jim Cramer has given his take on Walmart (WMT), Target (TGT), and Amazon (AMZN). Despite Walmart's consistent delivery and Target's cost discipline, Cramer suggests sticking with Amazon, which has surpassed estimates in Q2 and has a promising forecast for Q3. Walmart shares have gained 13.7% YTD, while Target is down over 12%. The SPDR S&P Retail ETF (XRT) has seen a modest 10% advance.

Portfolio Pulse from Shanthi Rexaline

August 14, 2023 | 9:19 am

MOS

Barclays analyst Benjamin Theurer has downgraded Mosaic (NYSE:MOS) from Equal-Weight to Underweight and set a price target of $40.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 8:56 am

NTR

Barclays analyst Benjamin Theurer has downgraded Nutrien (NYSE:NTR) from Overweight to Underweight and lowered the price target from $70 to $68.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 8:54 am

PHG

Exor has purchased a 15% stake in Philips, leading to a rise in Philips' share prices.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:37 am

DOGEUSD

A Dogecoin artist has shared AI-generated images of Elon Musk and Mark Zuckerberg at the beach, amidst their ongoing rivalry. The images have gained significant attention on X, formerly known as Twitter. This comes as the rivalry between Musk and Zuckerberg intensifies, following Musk's acquisition of Twitter and Meta's introduction of Threads, a potential 'Twitter killer'.

Portfolio Pulse from Ananya Gairola

August 14, 2023 | 8:12 am