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RL

Ralph Lauren has projected its Q2 2024 revenue to be flat or slightly up compared to last year in constant currency. The company also expects its Q2 2024 operating margin to be between 9.5% and 10%.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:03 pm

BTCUSD

RISR

The debate over whether Bitcoin or gold is the superior choice as a hedge against rising interest rates and possible recession continues. Amidst this, the FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSE:RISR) has emerged as a new contender. This ETF seeks to provide consistent income in a stable rate environment and serve as a hedge against increasing interest rates. RISR is currently trading in a strong bull cycle and could be headed toward the $34 mark.

Portfolio Pulse from Melanie Schaffer

August 10, 2023 | 12:02 pm

RIOT

Riot Platforms (NASDAQ:RIOT) has received four analyst ratings in the last quarter, all of which are bullish or somewhat bullish. The average price target for the stock is $18.38, compared to its current price of $16.34, implying an upside. The average price target has increased by 50.04% over the past month.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 12:01 pm

GPOR

In the last quarter, Gulfport Energy (NYSE:GPOR) received 5 bullish and 1 somewhat bullish ratings from analysts. No indifferent, somewhat bearish, or bearish ratings were observed. Over the past 3 months, 6 analysts have offered 12-month price targets for Gulfport Energy, with an average price target of $131.83, a high of $145.00, and a low of $115.00. The average price target has increased by 3.6% over the past month.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 12:01 pm

ADAP

Over the past 3 months, 5 analysts have published their opinion on Adaptimmune Therapeutics (NASDAQ:ADAP) stock, with 4 giving bullish ratings and 1 somewhat bearish. The average price target is $8.2, a significant increase from the previous average of $2.00, implying a potential upside for the stock.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 12:00 pm

GTN

In the last quarter, 4 analysts have provided ratings for Gray Television (NYSE:GTN) with 2 being bullish, 1 somewhat bullish, and 1 indifferent. The company has an average 12-month price target of $14.25, a decrease of 5.0% from the previous average price target of $15.00.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 12:00 pm

CYRX

Over the past 3 months, 9 analysts have published their opinion on CryoPort (NASDAQ:CYRX) stock. The company has an average price target of $21.56, a decrease of 28.13% from the previous average price target of $30.00. The analysts' ratings are mostly bullish.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 12:00 pm

DIS

Disney is considering a strategic shift away from traditional TV networks towards film studios, theme parks, and streaming. The company is exploring partnerships for ESPN, with the possibility of its premium sports programming shifting entirely to streaming. Despite a decline in traditional TV network sales and profits, Disney's streaming services showed reduced losses of over $500 million in the quarter. CEO Bob Iger aims to achieve profitability for Disney's streaming business by the autumn of 2024.

Portfolio Pulse from Anusuya Lahiri

August 10, 2023 | 11:51 am

BABA

Alibaba Group Holding Limited reported Q1 FY23 revenue growth of 14% YoY to $32.29 billion, beating the consensus of $31.20 billion. Non-GAAP earnings per ADS of $2.40 beat the consensus of $2.02. All segments reported growth, with Alibaba International Digital Commerce Group revenue increasing by 41% YoY to $3.05 billion. Alibaba ended the quarter with $80.6 billion in cash and equivalents.

Portfolio Pulse from Anusuya Lahiri

August 10, 2023 | 11:46 am

BTCUSD

DOGEUSD

Crypto analyst Kaleo predicts that Dogecoin (CRYPTO: DOGE) could potentially see gains exceeding 200%, reaching levels around $0.24. At the time of reporting, DOGE is trading at approximately $0.075. Kaleo highlighted that DOGE/BTC high-timeframe breakouts have been a predictable pattern in crypto over the past decade, often involving a slow bleed over a longer duration followed by a rapid price surge.

Portfolio Pulse from Mehab Qureshi

August 10, 2023 | 11:45 am