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MANU

The takeover process of Manchester United (MANU) has been effectively paused according to a tweet from a Manchester United reporter. This affects at least one of the two main bidders.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 10:05 am

CPRI

Analysts have provided various ratings for Capri Holdings (NYSE:CPRI) in the last quarter, with 4 bullish, 3 somewhat bullish, and 8 indifferent. Over the past 3 months, 15 analysts have offered 12-month price targets for Capri Holdings, with an average price target of $50.07, a 14.34% decrease from the previous average price target of $58.45.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:05 am

MKRUSD

Cryptocurrency Maker (MKR) has seen a price increase of 7.67% over the past 24 hours to $1,317.42. Over the past week, MKR has experienced an uptick of over 13.0%. The coin's all-time high is $6,292.31. Maker's trading volume has climbed 24.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.15%. The current market cap ranking for MKR is #42 at $1.18 billion.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:05 am

HLIT

Harmonic Inc's shares fell by 21% following a Q2 2023 earnings miss. The company reported adjusted EPS of $0.12, missing the consensus of $0.13, and sales of $156 million, missing the analyst estimate of $167.27 million. Several analysts, including Raymond James, Rosenblatt, Needham, and Barclays, reduced their price targets for the company. Harmonic also revised its 2023 revenues and adjusted EPS downwards.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 10:04 am

DASH

UBER

DoorDash shares are trading lower in sympathy with Uber, which fell after reporting Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:04 am

CHTR

Charter Communications (NASDAQ:CHTR) has outperformed the market over the past 10 years, producing an average annual return of 11.43%. If an investor had bought $100 of CHTR stock 10 years ago, it would be worth $288.12 today. The company currently has a market capitalization of $62.09 billion.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:04 am

UPS

A significant bearish stance has been taken on United Parcel Service (NYSE:UPS) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $185.0 to $195.0 for UPS over the last 3 months. Credit Suisse and Morgan Stanley have downgraded their actions on UPS to Neutral and Underweight respectively.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:04 am

V

A significant investor has taken a bearish stance on Visa (NYSE:V), with 75% of recent trades being bearish and 25% bullish. The trades range from $195.0 to $265.0. The current price of Visa is $239.67, up 0.81%. Analysts from Citigroup, Morgan Stanley, RBC Capital, and Susquehanna maintain positive ratings on Visa with price targets ranging from $275 to $300. Oppenheimer downgraded its rating to Outperform with a price target of $248.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:04 am

BGNE

BILI

BZ

JD

NIO

QFIN

YUMC

Chinese stocks are experiencing a downturn following recent gains driven by stimulus hopes. The stocks mentioned include BGNE, BILI, BZ, JD, NIO, QFIN, YUMC.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:04 am

AMZN

Amazon's stock is in focus ahead of its quarterly earnings. AWS has launched in Israel, with a planned investment of $7.2 billion through 2037, expected to support an average of 7,700 jobs annually. Citi analyst Ronald Josey reiterated a Buy rating on Amazon with a $145 target price, looking for in-line-to-better-than consensus revenue and operating income. AMZN shares traded lower by 1.31% at $131.89.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 10:04 am