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TSLA

Tesla shares are trading lower due to Canada's 100% tariff on Chinese EV imports, affecting Tesla's exports from its Shanghai factory. The EV sector faces trade tensions, stalling demand, and increased competition. Tesla's Cybertruck also faces negative publicity.

Portfolio Pulse from Vaishali Prayag

August 27, 2024 | 7:36 pm

AFRM

Affirm Holdings Inc (NASDAQ:AFRM) is set to report its Q4 earnings, with analysts expecting revenue of $603.66 million and a loss of 51 cents per share. The company has consistently beaten revenue and earnings estimates in recent quarters. JPMorgan and other analysts have positive ratings on Affirm, citing its partnerships with Shopify, Amazon, and Apple as growth catalysts. Despite a 30% year-to-date decline, analysts see an attractive entry point for the stock.

Portfolio Pulse from Chris Katje

August 27, 2024 | 7:36 pm

PM

Philip Morris International's affiliate, Swedish Match, is set to invest $232 million in Kentucky, creating 450 jobs. This expansion highlights PMI's growth strategy and commitment to the US market.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 7:34 pm

NU

Nu Holdings has seen unusual options activity, with a significant amount of bearish sentiment among big-money traders. The options trades include both puts and calls, with a majority being bearish. Analysts have mixed ratings on the stock, with price targets ranging from $13 to $17.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 7:30 pm

AMAT

Applied Materials (NASDAQ:AMAT) has significantly outperformed the market over the past decade, with an annualized return of 23.88%. A $100 investment in AMAT 10 years ago would now be worth $851.37, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 7:30 pm

HLI

Houlihan Lokey (NYSE:HLI) has significantly outperformed the market over the past 5 years, with an annualized return of 28.67%. A $1000 investment in HLI 5 years ago would now be worth $3,487.10, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 7:30 pm

PTON

Peloton Interactive Inc (NASDAQ:PTON) shares surged 35% as the company reported its first sales growth in nine quarters, despite a mixed full-year outlook. The company narrowed its losses significantly and improved its free cash flow, driven by increased subscription revenue and cost-cutting measures.

Portfolio Pulse from Upwallstreet

August 27, 2024 | 7:25 pm

TRI

Thomson Reuters shares rose following an upgrade by Scotiabank from Sector Perform to Sector Outperform, with a price target increase from $164 to $182.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 7:25 pm

OKYO

OKYO Pharma's shares rose following the announcement of a US Patent for OK-101, a treatment for dry eye disease.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 7:20 pm