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ADSK

Autodesk, Inc. (NASDAQ:ADSK) reported better-than-expected Q2 earnings and revenue, leading to increased analyst price targets. The company posted earnings of $2.15 per share and sales of $1.50 billion, surpassing estimates. Autodesk's strong performance is attributed to its strategic focus and growth trends in global reconstruction and infrastructure. Analysts have adjusted their price targets, with Piper Sandler, Morgan Stanley, Mizuho, and Oppenheimer all raising their targets.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 1:13 pm

ADMA

DCTH

MP

Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round.' He described ADMA Biologics as a speculative investment despite its strong earnings report. MP Materials was noted for its need to recover from losses, while Delcath Systems was labeled as speculative despite positive study results.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 1:09 pm

BBIO

BridgeBio Pharma shares rise following Alnylam Pharmaceuticals' positive data from the HELIOS-B Phase 3 study of vutrisiran. BridgeBio's ATTR-CM therapy, acoramidis, is under FDA priority review with a decision expected by November 29.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 1:07 pm

ESTC

Elastic N.V. (NYSE:ESTC) reported strong Q1 earnings, beating estimates, but issued lower-than-expected Q2 revenue guidance. Analysts downgraded the stock and reduced price targets due to concerns over revenue impact from customer segmentation changes.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 1:07 pm

BRK

CB

CME

IHI

On CNBC's 'Final Trades', experts discussed CME Group, Chubb, Berkshire Hathaway, and iShares U.S. Medical Devices ETF. CME Group reported record July ADV, Chubb posted strong earnings, Berkshire Hathaway received a Hold rating, and iShares U.S. Medical Devices ETF was highlighted as a final trade.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 1:03 pm

BBY

Best Buy reported better-than-expected Q2 earnings, raising its FY25 EPS guidance. Analysts have adjusted their price targets, with shares rising 14.1% to $100.18.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 1:00 pm

BTCUSD

The latest Glassnode report reveals that a significant portion of Bitcoin supply is moving into Long-Term Holder status despite recent market turbulence. This trend indicates a strong belief in Bitcoin's long-term value, even as speculative activity declines. The report warns that the current calm market conditions may precede increased volatility.

Portfolio Pulse from Murtuza Merchant

August 30, 2024 | 1:00 pm

MSI

In the past three months, six analysts have provided ratings for Motorola Solutions (NYSE:MSI), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 11.89% to $445.33. Analysts have raised their price targets, reflecting positive sentiment towards the company's financial performance, including strong revenue growth and high return on equity.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 1:00 pm

BUYZ

IYT

UBER

Uber Technologies, Inc. reaffirms its commitment to the South Korean market, aiming to increase its market share by attracting more taxi drivers. Despite Kakao's dominance, Uber is optimistic about its growth prospects. The company re-entered the market in 2021 through a joint venture with SK Group.

Portfolio Pulse from Lekha Gupta

August 30, 2024 | 12:56 pm

GLMD

The trading halt status was updated at 8:55:00 AM ET, indicating a quotation resumption. This update may involve GLMD, suggesting potential news or developments related to the company.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:55 pm