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AMD

GOOG

INTC

META

MSFT

NVDA

AMD shares are rebounding after a morning selloff in the semiconductor sector, driven by NVIDIA's significant drop due to a reported design flaw in its next-gen Blackwell accelerators. NVIDIA's response and strong demand for its current Hopper chips helped ease market concerns. The sector was also affected by weak performance reports from Intel.

Portfolio Pulse from Vaishali Prayag

August 05, 2024 | 7:34 pm

AAPL

GOOG

GOOGL

A federal judge has ruled against Alphabet Inc (GOOG, GOOGL) in an antitrust lawsuit regarding its dominance in the search engine market. The ruling states that Alphabet's payments to make Google the default search engine on smartphones violate U.S. antitrust laws. This decision could have significant implications for Alphabet's business practices and revenue streams.

Portfolio Pulse from Adam Eckert

August 05, 2024 | 7:32 pm

TXN

Recent options activity for Texas Instruments (NASDAQ:TXN) shows a predominantly bearish sentiment among large investors, with 73% of trades being bearish. The stock is currently trading at $180.65, down 3.63%, and analysts have mixed ratings with an average target price of $198.2.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:30 pm

BURL

Burlington Stores (NYSE:BURL) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.22%. A $100 investment in BURL 10 years ago would be worth $735.74 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:30 pm

PRI

Primerica (NYSE:PRI) has outperformed the market over the past 10 years with an average annual return of 17.62%, significantly higher than the market average. A $1000 investment in PRI 10 years ago would be worth $5,056.25 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:30 pm

NXST

Nexstar Media Group (NYSE:NXST) has seen a 4.35% increase in its short percent of float, now at 7.67%. This indicates a rise in bearish sentiment, although it is still below the peer group average of 9.68%. It would take traders 7.63 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:15 pm

AMP

Ameriprise Financial (NYSE:AMP) has seen a decline in its short interest by 11.2%, with 949 thousand shares sold short, representing 1.11% of its float. This is lower than the peer group average of 3.48%. The decrease in short interest could indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:15 pm

ADAUSD

Cardano (ADA) has experienced a significant price drop of 9.94% in the past 24 hours, continuing a week-long decline of 22.0%. Trading volume has surged by 256.0% over the past week, while the circulating supply has slightly increased. ADA's market cap is currently ranked #11 at $11.07 billion.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:03 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) is set to report its Q2 earnings, with Wall Street expecting a negative $1.22 EPS and $999.8 million in revenues. The stock is currently trading at $14.72, below its short-term SMAs but above its longer-term SMAs, indicating mixed technical signals. Analysts see a 20% upside with a consensus price target of $19.58.

Portfolio Pulse from Surbhi Jain

August 05, 2024 | 7:03 pm

DOGEUSD

Dogecoin (DOGE) has experienced a significant price drop of 9.19% in the past 24 hours, continuing a week-long decline of 26%. Despite the price drop, trading volume has surged by 280% over the past week, and the circulating supply has increased slightly. Dogecoin's market cap is currently ranked #9 at $13.63 billion.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:02 pm