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RSI

Rush Street Interactive Inc (RSI) reported a Q2 revenue growth of 15% to $165.1 million and adjusted net loss per share of $(0.04), both above Street view. Needham analyst Bernie McTernan reiterated a Buy rating on RSI with a price target of $6. The company's revenue in Colombia grew 30% Y/Y and 50% constant currency, and it is seeing a rapid ramp-up in Mexico. The analyst believes there are additional potential growth opportunities for the company in Latam.

Portfolio Pulse from Shivani Kumaresan

August 04, 2023 | 2:11 pm

SPXC

SPX Techs shares are trading higher following strong Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:11 pm

DOGEUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) climbed almost 2% higher during Thursday's 24-hour trading session, outperforming Dogecoin (CRYPTO: DOGE), which struggled to trade flat. Shiba Inu was moving higher on lower-than-average volume, suggesting consolidation. The crypto was also forming an inside bar pattern, which usually indicates a period of consolidation followed by a continuation move in the direction of the current trend.

Portfolio Pulse from Melanie Schaffer

August 04, 2023 | 2:11 pm

MAR

Marriott Intl's (NYSE:MAR) short percent of float has risen 24.39% since its last report, with 5.89 million shares sold short, which is 2.55% of all regular shares available for trading. It would take traders 3.57 days to cover their short positions on average. The company's short interest is less than its peer group average of 7.59%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:11 pm

EGHT

Analysts have provided various ratings for 8x8 (NASDAQ:EGHT) in the last quarter, with 6 bullish, 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish. Over the past 3 months, 10 analysts have offered 12-month price targets for 8x8, with an average price target of $5.6, a high of $7.00, and a low of $3.00. The average price target has increased by 12.68% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:10 pm

BLDR

Over the past 3 months, 11 analysts have published their opinion on Builders FirstSource (NYSE:BLDR) stock. The average price target for the stock is $171.09, with a high of $200.00 and a low of $148.00. The average price target has increased by 18.16% over the past month. The majority of the analysts are bullish on the stock.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:10 pm

TPL

Texas Pacific Land's shares are trading higher after the company reported better-than-expected Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:10 pm

AAPL

AMZN

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GOOG

META

MSFT

NVDA

TSLA

The article suggests that investors who own stocks in Apple, Amazon, Alphabet, Meta Platforms, Microsoft, NVIDIA, and Tesla, known as the 'magnificent seven', should consider diversifying their portfolios due to heavy concentration in these stocks. Boeing is recommended as a good diversifier due to its long-term opportunities, recent earnings surpassing consensus and whisper numbers, and potential for recurring revenues. The article also mentions the Arora Report's Model Portfolio, which includes six of the 'magnificent seven' stocks and Boeing.

Portfolio Pulse from The Arora Report

August 04, 2023 | 2:10 pm

TRVG

Over the past three months, four analysts have published their opinion on trivago (NASDAQ:TRVG) stock, all of them being indifferent. The average price target for trivago is $1.82, implying an upside from the current price of $1.165. This average price target has increased by 8.33% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:10 pm

NIO

NIO shares are trading higher due to the strength of the Chinese market. The company recently announced strong delivery numbers for July.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:10 pm