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MTD

Mettler-Toledo Intl (NYSE:MTD) has outperformed the market over the past 20 years, producing an average annual return of 20.05%. If an investor had bought $1000 of MTD stock 20 years ago, it would be worth $38,672.92 today.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 3:00 pm

YMAB

Y-mAbs Therapeutics (NASDAQ:YMAB) has received various analyst ratings in the last quarter, with 3 bullish, 1 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average price target is $16.0, compared to the current price of $6.24, implying an upside. This average price target has increased by 48.15% over the past month.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 3:00 pm

UPST

BTIG has maintained a Buy rating on Upstart Holdings and raised its price target from $42 to $72. This has resulted in Upstart Holdings' shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 2:59 pm

TSM

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) shares are trading higher following a report that the company will invest $2.9 billion in a chip packaging plant in Taiwan. The investment is driven by the AI market's rapid growth and the increasing demand for TSMC's advanced packaging. The company's CEO mentioned tight capacity in the advanced packaging segment during the second-quarter earnings report.

Portfolio Pulse from Henry Khederian

July 25, 2023 | 2:59 pm

AAPL

GOOG

MSFT

Alphabet Inc is set to report its Q2 financial results, with analysts expecting earnings per share of $1.34 and revenue of $72.78 billion, a 4% YoY increase. The company has missed earnings per share estimates in four of the last five quarters and revenue estimates in two of the last four quarters. Alphabet's progress in artificial intelligence (AI) will be under scrutiny, as it faces competition from Microsoft and potentially Apple. Alphabet's Google Cloud revenue was $7.5 billion in Q1, up from $5.8 billion YoY.

Portfolio Pulse from Chris Katje

July 25, 2023 | 2:59 pm

AVY

Avery Dennison Corp (AVY) reported a Q2 FY23 sales decline of 10.9% Y/Y to $2.09 billion, missing the analyst consensus of $2.16 billion. Gross profit fell to $553.4 million from $643.5 million a year ago. Adjusted EPS of $1.92 missed the consensus of $1.99. The company repurchased 0.5 million shares for $90 million in H1 2023. AVY expects Q3 2023 adjusted EPS of $2.00-$2.20 vs consensus of $2.47. AVY shares are trading lower by 3.01% at $172.26.

Portfolio Pulse from Lekha Gupta

July 25, 2023 | 2:57 pm

CDNS

Cadence Design Systems Inc's Q2 results beat estimates with revenue of $976.58 million and EPS of $1.22. The company sees strong ongoing customer demand for its AI technologies. Cadence expects H2 revenue between $2.052 billion and $2.092 billion, and full-year revenue of $4.05 billion to $4.09 billion. Keybanc maintained an Overweight rating and raised the price target from $265 to $270, while Rosenblatt reiterated a Buy rating with a $250 price target. Despite the positive results, Cadence shares were down 2.16% at $236.05.

Portfolio Pulse from Adam Eckert

July 25, 2023 | 2:57 pm

F

GM

Ford Motor Co (F) shares are trading lower by 1.04% to $13.82, seemingly in sympathy with General Motors Co (GM) despite Ford's better-than-expected Q2 results and raised FY23 cash flow guidance. GM reported strong Q2 FY23 sales growth of 25% YoY, surpassing analyst consensus. Despite increased costs, GM's operating income rose by 33% YoY.

Portfolio Pulse from Henry Khederian

July 25, 2023 | 2:54 pm

FFIV

F5 Inc's shares are trading higher after the company reported better-than-expected Q3 financial results, with revenues of $702.64 million and EPS of $3.21. The company's total revenues were up 4% YoY, with global services revenue climbing 8% and product revenue increasing 1%. However, software sales were down 3%. Multiple analysts raised their price targets for F5 following the results. The company expects Q4 revenues to be between $690 million and $710 million, with earnings per share between $3.15 and $3.27.

Portfolio Pulse from Adam Eckert

July 25, 2023 | 2:53 pm

ELWS

The article announces the resumption of trade for Earlyworks ADS.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:53 pm