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Stock Prices

MCO

Moody's Inc. (NYSE:MCO) shares are currently trading at $334.63, after a 0.01% decrease. Over the past month, the stock fell by 4.77%, but over the past year, it increased by 14.24%. The company's price-to-earnings (P/E) ratio is lower than the aggregate P/E ratio of the Capital Markets industry, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 4:00 pm

BX

Investor Business Daily SwingTrader has reportedly sold its stock in Blackstone (BX).

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 3:58 pm

AMD

NVDA

SSNLF

TSM

Nvidia's strong Q2 results have led to a selloff in AMD stock. Nvidia beat earnings and sales consensus, while AMD's Q2 results showed a YoY revenue drop. AMD is set to launch new graphics cards and has acquired AI software leader Mipsology. AMD also secured a deal with Samsung for its HBM3 memory technology. Both AMD and Nvidia are considering Samsung as a potential supplier due to TSM's inability to meet demand.

Portfolio Pulse from Anusuya Lahiri

August 24, 2023 | 3:54 pm

DIS

NFLX

WBD

Warner Bros. Discovery Inc (NASDAQ:WBD) has launched CNN Max, a live news service on its Max platform, featuring original programming and content from the CNN cable channel. The service is aimed at Max subscribers at no additional cost. The move comes as the company seeks to compete in a streaming market dominated by Netflix Inc (NASDAQ:NFLX) and Walt Disney's (NYSE:DIS) Disney+. WBD shares are down 0.31% at $12.66.

Portfolio Pulse from Vandana Singh

August 24, 2023 | 3:54 pm

CI

Cigna Group Inc. (NYSE:CI) is currently trading at $281.27, after a 0.20% drop. Over the past month, the stock decreased by 3.92%, and in the past year, by 1.26%. The company's price-to-earnings (P/E) ratio is lower than the aggregate P/E of the Health Care Providers & Services industry, which could indicate that the stock is undervalued. However, a low P/E ratio can also suggest weak growth prospects or financial instability.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:45 pm

MNTS

Momentus Inc's shares are trading lower by over 22% following a 1-for-50 reverse stock split that reduced the number of outstanding shares from approximately 98 million to 2 million. The split is intended to bring the company into compliance with the minimum bid price requirement. Additionally, Momentus has signed a contract with Spanish IoT company, FOSSA Systems, to provide hosted payload services starting in 2024.

Portfolio Pulse from Shivani Kumaresan

August 24, 2023 | 3:41 pm

SMFG

Sumitomo Mitsui Finl Gr Inc. (NYSE:SMFG) shares are currently trading at $8.90, after a 0.02% decrease. Despite a 2.85% decrease over the past month, the stock has increased by 46.60% over the past year. The company's P/E ratio is 11.0, lower than the Banks industry average of 29.6, which could indicate potential undervaluation or weaker future performance.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:31 pm

MSFT

Microsoft (NASDAQ:MSFT) has outperformed the market over the past 15 years, producing an average annual return of 17.93%. If an investor had bought $1000 of MSFT stock 15 years ago, it would be worth $11,591.09 today. The company currently has a market capitalization of $2.41 trillion.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:30 pm

TSLA

Tesla (NASDAQ:TSLA) has outperformed the market over the past 5 years by 53.05% on an annualized basis, producing an average annual return of 61.78%. If an investor had bought $1000 of TSLA stock 5 years ago, it would be worth $10,823.75 today.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:30 pm

PTON

Peloton Interactive Inc (NASDAQ:PTON) shares are trading higher by 1.48% to $5.49, rebounding after a decline on Wednesday. The company reported mixed Q4 results, with a 5% YoY sales decline to $642.1 million, beating the consensus of $639.9 million. However, EPS loss was $(0.68), missing the consensus loss of $(0.38). The total number of members fell 5% YoY to 6.5 million. The company also issued soft Q1 revenue guidance.

Portfolio Pulse from Henry Khederian

August 24, 2023 | 3:30 pm