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CP

Canadian Pacific Kansas (NYSE:CP) has outperformed the market over the past 15 years, producing an average annual return of 13.67%. If an investor had bought $1000 of CP stock 15 years ago, it would be worth $6,791.33 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:00 pm

AME

AMETEK (NYSE:AME) has outperformed the market over the past 10 years by 3.38% on an annualized basis, producing an average annual return of 13.73%. If an investor had bought $100 of AME stock 10 years ago, it would be worth $351.76 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:00 pm

NE

Noble Corp (NYSE:NE) has received positive analyst ratings in the last quarter, with 4 bullish and 1 somewhat bullish ratings. The average 12-month price target for the company has increased by 2.67% from $60.00 to $61.6, according to 5 analysts. These ratings are based on information from company conference calls, financial statements, and insider conversations.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:00 pm

ADBE

A significant bearish stance on Adobe (NASDAQ:ADBE) has been observed, with 72% of big-money traders showing bearish sentiment. The overall sentiment is based on 25 uncommon options trades, with 13 puts and 12 calls. The targeted price range for Adobe over the last 3 months is from $320.0 to $680.0. Adobe's current price is down by 1.43% at $508.45. Morgan Stanley has upgraded its action to Overweight with a price target of $660.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:45 pm

ABNB

A significant number of investors have taken a bearish stance on Airbnb (NASDAQ:ABNB), with 52% of the investors opening trades with bearish expectations. The majority of the trades spotted are puts, amounting to $2,329,763, compared to calls amounting to $670,129. Whales have been targeting a price range from $100.0 to $160.0 for Airbnb over the last 3 months. The current price of ABNB is down -1.68% at $133.68. Analysts from Mizuho, Wells Fargo, Credit Suisse, Needham, and Baird have maintained their ratings on Airbnb, with price targets ranging from $114 to $165.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:45 pm

ATVI

Activision Blizzard's Overwatch 2 launch on Steam has been met with significant criticism, with 90% of user reviews being negative. Despite being among Steam's top five best-sellers by revenue and achieving a peak concurrent player count of 75,000, only 10% of over 50,000 user reviews were positive. Complaints were mainly about the free-to-play monetization, game balance, lack of promised PvE content, and a toxic player base.

Portfolio Pulse from Franca Quarneti

August 11, 2023 | 8:41 pm

AGBA

AGBG Group is maintaining its focus on long-term growth strategy, expressing confidence in its ability to capitalize on market opportunities within the Greater Bay Area and other target geographies.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 8:39 pm

AMC

DIS

PENN

PLUG

RIVN

The S&P 500 and Nasdaq Composite saw losses while the Dow Jones gained. July's consumer price index rose to 3.2% in annual inflation, below market expectations. Stifel's Chief Equity Strategist predicts a flat market for the rest of the year. Penn Entertainment Inc announced an exclusive sports betting deal with ESPN, causing a 20% spike in shares, but ended the week with a 4.47% loss. Disney reported a mixed third quarter, with revenue growing 4% annually but below analyst expectations. AMC Entertainment Holdings ended the week 4.37% higher after reporting earnings. Rivian Automotive Inc lost more than 16% of its value this week after reporting losses. Plug Power Inc shares tanked 20.78% despite better-than-expected quarterly results. Canopy Growth, Curaleaf Holdings, and Aurora Cannabis Inc all saw losses after reporting earnings.

Portfolio Pulse from Natan Ponieman

August 11, 2023 | 8:37 pm

CD

Chindata Group has entered into a definitive agreement for a 'going private' transaction at $4.30 per share in cash.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 8:32 pm

KVUE

A significant investor has taken a bullish stance on Kenvue (NYSE:KVUE), with 51% of investors opening trades with bullish expectations and 48% with bearish. The majority of the trades are puts, totaling $1,258,501, with calls totaling $384,547. Whales have been targeting a price range from $22.5 to $30.0 for Kenvue over the last 3 months. The price of KVUE is currently up 1.5% at $23.72.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 8:30 pm