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FDS

FactSet Research Systems (NYSE:FDS) has received mixed analyst ratings in the last quarter, with 1 somewhat bullish, 3 indifferent, 1 somewhat bearish, and 1 bearish. The company has an average price target of $420.83, a 1.86% decrease from the previous average price target of $428.80.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 12:00 pm

BLK

SFTBY

WeWork Inc (NYSE:WE) is on the brink of bankruptcy, with its stock plunging 99% since its public listing in October 2021. Creditors, including BlackRock Inc (NYSE:BLK), King Street Capital, and Brigade Capital, are considering a bankruptcy filing for the company. The potential bankruptcy could allow WeWork to exit some of its costly commercial real estate leases and may result in creditors taking control of the company. WeWork's major shareholder, SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF), could be significantly impacted if bankruptcy nullifies WeWork's publicly traded stock.

Portfolio Pulse from Vandana Singh

August 25, 2023 | 11:56 am

ETHUSD

Four Ethereum (CRYPTO: ETH) whales have collectively acquired $94 million worth of ETH over the past week, taking advantage of the recent drop in crypto markets. The transactions involved withdrawing substantial amounts of ETH from crypto exchanges Binance and OKX. At the time of writing, ETH was trading at $1,655, down 1.8% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

August 25, 2023 | 11:45 am

BHM

BHR

MPW

RMAX

The article lists the top 5 oversold real estate stocks that may explode in August. The stocks mentioned are Braemar Hotels & Resorts Inc. (BHR), Healthcare Realty Trust Incorporated (HR), Medical Properties Trust, Inc. (MPW), RE/MAX Holdings, Inc. (RMAX), and Bluerock Homes Trust, Inc. (BHM). All these stocks have an RSI near or below 30, indicating they are oversold and may rebound.

Portfolio Pulse from Lisa Levin

August 25, 2023 | 11:43 am

HUYA

HUYA shares are trading lower after the company, along with its peers, recently scrapped lucky draw features amid a gambling crackdown in China.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 11:42 am

ASAN

RRGB

WOLF

Insiders at Asana, Inc. (ASAN), Impinj, Inc. (PI), Wolfspeed, Inc. (WOLF), and Red Robin Gourmet Burgers, Inc. (RRGB) have recently made significant purchases of their companies' stocks. This could indicate their confidence in the companies' prospects. Asana announced new product capabilities, Impinj posted upbeat Q2 results, Wolfspeed reported mixed Q4 results and issued Q1 EPS guidance below estimates, and Red Robin reported a narrower-than-expected Q2 loss.

Portfolio Pulse from Lisa Levin

August 25, 2023 | 11:39 am

AMC

CNK

GME

SONY

WBD

The Hollywood actors' strike has led Warner Bros. Discovery, Inc (NASDAQ:WBD) to postpone the release of 'Dune: Part Two' from November to March 15, 2024. This rescheduling poses challenges for cinema chains like AMC Entertainment Holdings, Inc (NYSE:AMC), Cineplex, and Cinemark Holdings Inc (NYSE:CNK), who were banking on the film's release to boost their post-pandemic recovery. Sony Group Corp (NYSE:SONY) Sony Pictures also tweaked its release plan for 'Dumb Money', a movie inspired by GameStop Corp's (NYSE:GME) stock surge.

Portfolio Pulse from Anusuya Lahiri

August 25, 2023 | 11:36 am

GPS

Gap Inc (NYSE:GPS) reported a Q2 FY23 sales decline of 8% YoY to $3.55 billion, missing the analyst consensus of $3.57 billion. Online sales decreased 11% YoY and constituted 33% of total sales. Adjusted EPS of $0.34 beat the analyst consensus of $0.09. The company expects Q3 net sales to decrease in the low-double-digit range compared to last year's net sales of $4.04 billion. GPS shares closed lower by 1.24% at $9.53 on Thursday.

Portfolio Pulse from Shivani Kumaresan

August 25, 2023 | 11:32 am

BABA

FXI

KWEB

Alibaba Group Holding Limited (BABA) stock is trading higher on Friday, inversely with broader index ETFs like IShares China Large-Cap ETF (FXI) and KraneShares Trust KraneShares CSI China Internet ETF (KWEB). China is considering measures to address local government debt crisis risks, which could impact the state-dominated financial system. The U.S. economy is well positioned to weather headwinds arising from China's economic weakness, according to U.S. Deputy Treasury Secretary Wally Adeyemo.

Portfolio Pulse from Anusuya Lahiri

August 25, 2023 | 11:30 am

MSFT

The article discusses the hypothetical returns of an investment in Microsoft Corp. (NASDAQ:MSFT) made 28 years ago when Windows 95 was launched. The investment of $1,000 would now be worth $53,596, a 5,224% return. During the same period, the Nasdaq Composite index has delivered a return of 1,714%.

Portfolio Pulse from Rounak Jain

August 25, 2023 | 11:08 am