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UNIUSD

Uniswap's (CRYPTO: UNI) price has increased by 4.08% over the past 24 hours to $5.96, and by over 13.0% over the past week. The trading volume for the coin has climbed 268.0% over the past week, while the overall circulating supply of the coin has decreased 0.19% to 753.77 million. The current market cap ranking for UNI is #19 at $4.49 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:00 pm

CRM

Salesforce (NYSE:CRM) has received various analyst ratings in the last quarter, with a majority being bullish or somewhat bullish. The company has an average 12-month price target of $236.32, up by 5.88% from the previous average of $223.19. These ratings are determined by analysts who use information from company conference calls, financial statements, and insider conversations.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:00 pm

CTRA

Over the past 3 months, 6 analysts have published their opinion on Coterra Energy (NYSE:CTRA) stock. The average price target is $30.0, implying an upside from the current price of $26.46. This represents a 0.83% decrease from the previous average price target of $30.25.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:00 pm

XRPUSD

XRP's price has risen 5.36% to $0.76 in the past 24 hours, continuing its positive trend over the past week with a 59.0% gain. The trading volume for the coin has risen 246.0% over the past week, diverging from the circulating supply of the coin, which has decreased 0.15%. The current market cap ranking for XRP is #4 at $40.15 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:00 pm

IFNNY

NXPI

QCOM

STLA

Stellantis NV is implementing a strategy to secure the long-term supply of microchips, including a semiconductor database for transparency and risk assessment to remove legacy parts. The company is engaging with semiconductor providers like Infineon Technologies AG, NXP Semiconductors N.V., ON Semiconductor Corp, and QUALCOMM Incorporated to improve its platforms and technologies. Stellantis has entered into direct agreements for semiconductors with a purchasing value of more than €10 billion through 2030.

Portfolio Pulse from Shivani Kumaresan

July 18, 2023 | 7:00 pm

CARR

EMR

WHR

The global air conditioning market is expected to grow at a compound annual growth rate of 6.2% from 2022 to 2028, reaching a value of $172.48 billion by 2028, driven by rising temperatures and worsening air quality. The Asia Pacific region, followed by North America and Europe, will be the main contributors to this growth. Several US-based air conditioner stocks have seen price increases over the past month, including Carrier Global Corp (NYSE:CARR), Whirlpool Corporation (NYSE:WHR), and Emerson Electric Co (NYSE:EMR).

Portfolio Pulse from Natan Ponieman

July 18, 2023 | 6:57 pm

DKNG

ROTH MKM analyst Edward Engel has reiterated a Sell rating on DraftKings Inc. (NASDAQ:DKNG), raising the price target to $20 from $18. This is due to the expected positive 2Q EBITDA, driven by higher hold rates over the past four quarters. However, the analyst believes that the recent hold improvements are more luck-driven than investors acknowledge. Despite bullish investor sentiment, the analyst warns that increased promotional intensity could limit the upside to a 2Q beat.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2023 | 6:54 pm

GRIL

AGGIA FZ LLC has purchased 8,855,452 shares of Muscle Maker, Inc. at an average price of $3.12 per share, according to a Form 4 filing on July 14.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 6:52 pm

FTNT

Fortinet Inc.'s stock price is currently at $80.06, after a 0.28% drop. However, over the past month, the stock increased by 11.72%, and in the past year, by 34.24%. The company's P/E ratio is lower than the aggregate P/E of the Software industry, indicating that the stock might be undervalued. However, a lower P/E can also suggest that shareholders do not expect future growth. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 6:45 pm

BABA

BEKE

BILI

HUYA

PDD

TAL

TME

Shares of several Chinese companies are trading lower due to concerns over slow economic growth in China. Additionally, China's Evergrande reported significant losses in its overdue 2021 and 2022 results.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 6:41 pm