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SLG

Jenny Harrington announced on CNBC that she has sold her position in SL Green Realty Corp. This decision may influence investor sentiment towards SL Green Realty Corp. in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:50 pm

INTU

Intuit Inc. shares fell after reporting Q4 earnings and issuing lower-than-expected Q1 2025 EPS guidance. Despite beating Q4 EPS and sales estimates, the guidance for Q1 2025 EPS was below expectations, causing the stock to drop. Analysts adjusted their price targets, mostly raising them, but the stock still fell 7.90%.

Portfolio Pulse from Dylan Berman

August 23, 2024 | 4:46 pm

CVNA

Carvana (NYSE:CVNA) has seen significant options trading activity, with a mix of bullish and bearish sentiment. The stock is currently up 2.94% at $157.52, with analysts providing mixed ratings and price targets ranging from $120 to $200. The options market shows a wide price target range from $15 to $165, indicating varied investor expectations.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 4:46 pm

TSM

Financial giants are making bullish moves on Taiwan Semiconductor (NYSE:TSM) through options trading, with 54% of trades being bullish. The price target for TSM is between $90 and $220, with a consensus analyst target of $250. TSM's stock is up 2.44% to $170.5, and the next earnings report is in 55 days.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 4:46 pm

SPY

In a CNBC interview, Fed's Goolsbee expressed optimism that inflation will not remain above 2% and emphasized the importance of achieving this target without triggering a recession. He noted that historically, rate cuts have been a gradual process.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:45 pm

CODX

Co-Diagnostics shares are rising following the CDC's announcement that free at-home COVID-19 test delivery programs will resume in late September.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:43 pm

PTON

Peloton Interactive Inc (NASDAQ:PTON) shares rose after reporting better-than-expected quarterly sales. Analysts have mixed views, with some raising price targets and others maintaining neutral or underperform ratings. The company faces challenges with subscriber churn and macroeconomic pressures but is focusing on profitability and cost savings.

Portfolio Pulse from Priya Nigam

August 23, 2024 | 4:43 pm

SPY

In a CNBC interview, Fed's Goolsbee stated that the job market is cooling by almost all measures. He refrained from providing firm guidance on future Fed rate decisions.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:42 pm

DHI

LEN

PHM

Household durable companies' shares are rising due to strong New Home Sales data for July and positive economic outlook from Fed Chair Powell, hinting at future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:41 pm

SPY

In a CNBC interview, Fed's Goolsbee expressed support for the Federal Reserve's new focus on job markets, indicating that inflation is on a path to reach the 2% target. This suggests a potential stabilization in monetary policy, which could impact market sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:39 pm