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RHI

In the last quarter, Robert Half (NYSE:RHI) received 2 bullish, 2 indifferent, and 1 somewhat bearish analyst ratings. The company's average 12-month price target is $75.2, up 1.62% from the previous average of $74.00.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 8:00 pm

ANET

Arista Networks, Inc. (NYSE:ANET) shares are trading lower despite JMP Securities analyst raising the company's price target from $165 to $200 and Rosenblatt analyst maintaining the $175 price target. The company is set to report Q2 earnings on July 31, expecting earnings of $1.44 per share and revenue of $1.38 billion.

Portfolio Pulse from Ryan Gustafson

July 26, 2023 | 7:58 pm

MSFT

NVDA

PLTR

Palantir CEO, Alexander Karp, has compared the potential harm of artificial intelligence (AI) to the atomic bomb, suggesting that developers may only realize the technology's potential harm once it's too late. Karp argues for a regulatory framework to ensure the technology is developed positively. He also mentioned the possibility of AI being combined with advanced weapons systems. Stocks like Microsoft and NVIDIA, which are involved in AI, have seen significant rallies in 2023.

Portfolio Pulse from Aaron Bry

July 26, 2023 | 7:56 pm

SIMO

Silicon Motion Technology Corporation's stock was halted due to a circuit breaker but is now up by 25.1%.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 7:52 pm

MMSI

Merit Medical Systems Inc (MMSI) reported Q2 FY23 revenue of $320.1 million, up 8.5% Y/Y, beating the consensus of $310.45 million. The company's adjusted gross margin was 51.4%, compared to 49.3% a year ago. Despite beating expectations, the company maintained its 2023 revenue and EPS guidance, implying slower growth in 2H23 due to headwinds from volume-based purchasing in China and Russian sanctions. Needham analysts maintain a Buy with a price target of $96.

Portfolio Pulse from Vandana Singh

July 26, 2023 | 7:50 pm

MXL

SIMO

Maxlinear has terminated its merger deal with Silicon Motion, leading to a 0.58% drop in Maxlinear's share price to $33.80.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 7:46 pm

WEC

WEC Energy Group Inc. (NYSE:WEC) shares are trading at $92.31, after a 0.29% increase. Over the past month, the stock spiked by 5.56%, but decreased by 10.36% in the past year. The company's P/E ratio is lower than the aggregate P/E of 51.26 of the Multi-Utilities industry, indicating that the stock might be undervalued.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 7:45 pm

GLD

SPY

The Federal Reserve has raised interest rates by 25 basis points, the highest level since February 2001, as part of its efforts to bring inflation to a 2% objective. Fed Chair Jerome Powell stated that the full impact of policy tightening is yet to be experienced and that the Fed will maintain a data-dependent approach. Powell also expressed concern over the core inflation rate in June, at 4.8%, significantly above the Fed’s mandate. The stock market erased post-Fed statement gains, with the SPDR S&P 500 ETF Trust (NYSE:SPY) dropping 0.4% during the session and the SPDR Gold Trust ETF (NYSE:GLD) rising by 0.5% for the session.

Portfolio Pulse from Piero Cingari

July 26, 2023 | 7:43 pm

TUP

Tupperware Brands' shares are experiencing an increase due to heightened interest from retail investors and high short interest.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 7:41 pm

AMC

TUP

Tupperware Brands Corporation (NYSE:TUP) shares are trading higher amid growing retail investor interest, associated with a rally in AMC Entertainment (NYSE:AMC) stock. Despite a pullback in AMC shares, Tupperware stock has continued to soar on increased momentum. Tupperware also has high short interest with 27.06% of shares currently sold short. The company is set to report second quarter earnings on Aug. 7.

Portfolio Pulse from Ryan Gustafson

July 26, 2023 | 7:38 pm