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GNRC

Over the past quarter, Generac Hldgs (NYSE:GNRC) has received various ratings from 8 analysts. The company has an average 12-month price target of $142.75, with a high of $178.00 and a low of $90.00. This average price target has increased by 14.75% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:22 pm

GLD

QQQ

SPY

UUP

The number of Americans filing for unemployment benefits slightly increased last week, reaching 227,000. The ADP employment data for July revealed a substantial rise of 324,000 jobs, surpassing the anticipated 189,000. Futures on the S&P 500 Index and the Nasdaq 100 Index continued to slide in the premarket, down 0.2% and 0.3%, respectively. The SPDR S&P 500 ETF Trust (NYSE:SPY) fell 0.32%, while the Invesco QQQ Trust (NASDAQ:QQQ) was down 0.57%. The 10-year Treasury yield surged 6 basis points to 4.15%.

Portfolio Pulse from Piero Cingari

August 04, 2023 | 1:22 pm

CG

Over the past quarter, Carlyle Group (NASDAQ:CG) has received a mix of bullish and indifferent ratings from analysts. The company has an average 12-month price target of $39.3, which has increased by 4.47% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:22 pm

USO

Saudi Arabia has decided to extend its voluntary oil cut of 1 million barrels per day (BPD) for another month, including September, according to the state news agency.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:22 pm

AMPX

Amprius Technologies, Inc. (NYSE:AMPX) has unveiled its ultra-high-power-high-energy lithium-ion battery, which achieves a discharge rate of 10C and delivers 400 Wh/kg energy density. The new battery is expected to advance electric aviation and electric vehicle performance. The battery's power output could extend flight range by up to 50% and increase payload capacity. It could also enable high-performance EVs to achieve 0 to 60 mph acceleration below 1.5-seconds. Amprius expects to have samples of this cell available for customers by the end of 2023 with commercialization slated for early 2024.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:22 pm

DOCS

Doximity (NYSE:DOCS) has received a total of 8 analyst ratings in the last quarter, with 4 being bullish, 3 indifferent, and 1 somewhat bearish. The average price target is $37.38, which is higher than the current price of $34.01, implying an upside. The average price target has increased by 5.59% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:22 pm

GENQ

Environmental Solutions Group Holdings Limited (ESA Holdings) and Genesis Unicorn Capital Corp. (GENQ) have announced the successful closing of their previously announced business combination. The combined company, named ESGL Holdings Limited, will begin trading on the Nasdaq under the ticker symbol 'ESGL' on August 4, 2023. The company aims to recycle industrial waste into circular products using innovative technologies and renewable energy.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:21 pm

ITRI

Itron has updated its Q3 and FY23 revenue and EPS estimates. The company now expects Q3 revenue to be between $535M-$545M, up from the previous estimate of $506.57M, and adjusted EPS to be between $0.44-$0.56, up from $0.33. For FY23, Itron expects revenue to be between $2.11B-$2.14B, up from the previous range of $1.85B-$1.95B, and adjusted EPS to be between $2.03-$2.28, up from $0.70-$1.10.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:21 pm

ENVX

LYV

PLUG

VRT

Jim Cramer, on CNBC's 'Mad Money Lightning Round', recommended selling Plug Power Inc. (PLUG) if it bounces, and not recommending Enovix Corporation (ENVX) unless they're profitable. He advised holding Live Nation Entertainment, Inc. (LYV) as it's worth a lot, and not selling Vertiv Holdings Co (VRT) as there's more to be made. Vertiv shares jumped 29.3%, Live Nation fell 1.3%, Enovix fell 10.1%, and Plug Power lost 8.7% on Wednesday.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:21 pm

AMZN

Amazon.com, Inc. (NASDAQ:AMZN) is expected to report quarterly earnings on Aug. 3, 2023. Ahead of this, options traders have made bullish bets on Amazon, with 23,000 of the August 4 weekly 140-calls bought at an average price of $1.04 per contract. Wall Street expects Amazon to post quarterly earnings at 34 cents per share on revenue of $131.54 billion.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:20 pm