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HRTG

SEZL

As of August 13, 2024, Sezzle Inc (NASDAQ: SEZL) and Heritage Insurance Holdings Inc (NYSE: HRTG) are considered overbought based on their RSI values. Both companies reported strong quarterly earnings, leading to significant stock price increases. Sezzle's RSI is 72.74, and Heritage Insurance's RSI is 78.10, indicating potential short-term price corrections.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 1:10 pm

ALGT

GNK

KRT

Wall Street's most accurate analysts have provided their ratings on three high-dividend-yielding industrial stocks: Genco Shipping & Trading Limited (GNK), Allegiant Travel Company (ALGT), and Karat Packaging Inc. (KRT). The article highlights recent analyst ratings and relevant news for each company.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 1:10 pm

MSGS

Madison Square Garden shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:08 pm

NPWR

NET Power shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:07 pm

CMG

FDIS

SBUX

XLY

Starbucks has appointed Brian Niccol, the CEO and Chairman of Chipotle Mexican Grill, as its new CEO and Chairman, effective September 9. The announcement has led to a significant rise in Starbucks' stock price. Current CEO Laxman Narasimhan is stepping down immediately, with CFO Rachel Ruggeri serving as interim CEO. Niccol's leadership at Chipotle saw substantial growth in revenue, profits, and stock price. Investors can gain exposure to Starbucks through ETFs like SPDR Select Sector Fund – Consumer Discretionary (XLY) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS).

Portfolio Pulse from Nabaparna Bhattacharya

August 13, 2024 | 1:06 pm

AIFF

Firefly Neuroscience CEO Jon Olsen issued a letter to stockholders highlighting the company's strategic objectives, including the commercialization of their FDA-cleared Brain Network Analytics (BNA™) technology and partnerships with CNS drug companies like Novartis, Takeda, and STALICLA SA. The company aims to improve brain health diagnostics and treatments, with BNA™ set to be commercially available to neurologists in 2025.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:05 pm

SE

Sea Limited (NYSE:SE) reported mixed Q2 2024 earnings with revenue growth of 23% YoY to $3.81 billion, beating estimates. EPS of $0.14 missed expectations. Digital Entertainment revenue fell, but bookings and adjusted EBITDA rose. E-commerce revenue increased, but the segment had a loss in adjusted EBITDA. Shopee is expected to become adjusted EBITDA positive from Q3 2024. SE shares rose 3.10% premarket.

Portfolio Pulse from Anusuya Lahiri

August 13, 2024 | 1:03 pm

LWAY

Lifeway Foods (NASDAQ:LWAY) reported Q2 earnings per share of $0.25, beating the analyst estimate of $0.21. Sales were $49.16 million, surpassing the $45.50 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:02 pm

ILMN

Analysts have mixed ratings for Illumina (NASDAQ:ILMN) over the past three months, with a blend of bullish and bearish perspectives. The average 12-month price target is $158.77, down from $167.09. Illumina faces challenges in revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 1:01 pm

BMBL

In the past three months, 19 analysts have shared their insights on Bumble (NASDAQ:BMBL), with a mix of bullish and bearish opinions. The average 12-month price target has decreased by 34.15% to $9.18. Several analysts have lowered their price targets and ratings for Bumble, reflecting a cautious outlook.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 1:00 pm