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EFX

Equifax (NYSE:EFX) has outperformed the market over the past 10 years by 1.9% on an annualized basis, producing an average annual return of 12.35%. If an investor had bought $100 of EFX stock 10 years ago, it would be worth $323.38 today.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 9:30 pm

ADSK

Autodesk (NASDAQ:ADSK) has outperformed the market over the past 20 years by 10.17% on an annualized basis, producing an average annual return of 18.12%. If an investor had bought $1000 of ADSK stock 20 years ago, it would be worth $28,366.67 today.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 9:30 pm

CBDD

CHOOF

CLSH

ETRGF

RDDTF

STMH

On July 26, 2023, several cannabis stocks experienced significant price changes. Notable gainers include Choom Holdings (OTC:CHOOF), Radient Technologies (OTC:RDDTF), and CLS Holdings USA (OTC:CLSH), with increases of 800.00%, 46.43%, and 46.15% respectively. On the other hand, CBD Of Denver (OTC:CBDD), Stem Holdings (OTC:STMH), and Entourage Health (OTC:ETRGF) were among the biggest losers, with decreases of 25.00%, 24.40%, and 24.08% respectively.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 9:30 pm

JNVR

Janover (NASDAQ:JNVR), a B2B fintech marketplace, recently went public with an initial offering of 1.41 million shares at $4.00 per share. On its first day of trading, the stock fell 4.50% to close at $3.82. The company has an insider lock-up period of 180 days, ending on January 21, 2024, during which major shareholders cannot sell their shares.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 9:30 pm

QS

QuantumScape Corporation reported Q2 losses of 26 cents per share, missing the analyst consensus estimate of a loss of 20 cents. The company ended the quarter with over $900 million in liquidity and sees its cash runway extending into the second half of 2025. QuantumScape also reported that it has shipped high cathode-loading unit cells to multiple automotive partners, a significant step toward delivering a commercial product.

Portfolio Pulse from Ryan Gustafson

July 26, 2023 | 9:26 pm

SPY

The Federal Reserve has raised the federal funds rate by 25 basis points to a range of 5.25%-5.5%, the highest since February 2001. Economists have mixed reactions to the move. Quincy Krosby, Chief Global Strategist for LPL Financial, noted the two-year Treasury note inching lower and the Russell 2000 edging higher. Joe Brusuelas, Chief Economist at RSM U.S., believes the rate hike is the final increase in a two-year effort to restore price stability. Bill Adams, Chief Economist for Comerica Bank, expects the Fed to refrain from further rate hikes. Chris Zaccarelli, Chief Investment Officer for Independent Advisor Alliance, advises staying fully invested but diversified. Lawrence Yun, Chief Economist at the National Association of Realtors, noted the impact of increased interest rates on home sales and business investments.

Portfolio Pulse from AJ Fabino

July 26, 2023 | 9:21 pm

MSFT

SONY

Microsoft Corporation's Xbox reported a 13% decline in hardware revenue for Q4 and the full fiscal year ending June 30 due to lower console sales. However, gaming revenue increased by $36 million, driven by growth in Xbox content and services. In contrast, Sony Group Corporation's PlayStation reported strong hardware sales in Q4, with sales three times higher YoY, reaching a total of 38.4 million units sold.

Portfolio Pulse from Franca Quarneti

July 26, 2023 | 9:16 pm

LUNG

Pulmonx Corporation will present at the Canaccord Genuity 43rd Annual Growth Conference. This could potentially influence the company's stock (LUNG).

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:15 pm

ICLR

ICON has revised its FY23 adjusted EPS guidance from a range of $12.40-$13.05 to a narrower range of $12.63-$12.91. The consensus estimate stands at $12.60.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:13 pm

ARR

ARMOUR Residential REIT (NYSE:ARR) reported Q2 earnings of $0.23 per share, missing the analyst consensus estimate of $0.24 by 4.17%. This is a 20.69% decrease from the same period last year. The company also reported quarterly sales of $5.76 million, missing the analyst consensus estimate of $53.43 million by 89.22%, a decrease of 83.56% from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 26, 2023 | 9:11 pm