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FFIV

Top Wall Street analysts have updated their price targets for F5, Inc. (NASDAQ:FFIV) ahead of its Q3 earnings release on July 29. Analysts expect earnings of $2.97 per share, down from $3.21 a year ago, and revenue of $685.76 million. The stock closed at $177.34, up 2.1%.

Portfolio Pulse from Avi Kapoor

July 29, 2024 | 2:38 pm

RVTY

Revvity Inc. (NYSE:RVTY) reported strong Q2 performance, beating both sales and EPS consensus estimates. The company raised its annual profit forecast, reflecting positive changes in foreign currency exchange rates and organic revenue growth.

Portfolio Pulse from Vandana Singh

July 29, 2024 | 2:38 pm

AAPL

DIS

NFLX

Apple Inc. (NASDAQ:AAPL) is reportedly planning to launch an ad-supported plan for its AppleTV+ streaming service, following the success of similar plans by Netflix Inc. (NASDAQ:NFLX) and Walt Disney Company (NYSE:DIS). This move aims to increase subscribers and revenue for AppleTV+, which has already invested heavily in exclusive content and sports rights.

Portfolio Pulse from Chris Katje

July 29, 2024 | 2:37 pm

VRDN

Viridian Therapeutics shares are trading higher after Wedbush maintained an Outperform rating on the stock and reiterated its price target of $42.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:34 pm

ABEV

BUD

SAM

TAP

Shares of beer companies are trading lower following weak earnings from Heineken.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:32 pm

TRV

Travelers Companies (NYSE:TRV) has outperformed the market over the past 20 years with an average annual return of 9.52%, surpassing the market by 1.11% annually. A $1000 investment in TRV 20 years ago would be worth $5,867.19 today.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:31 pm

MCK

McKesson (NYSE:MCK) has significantly outperformed the market over the past 20 years, delivering an average annual return of 16.05%. A $100 investment in McKesson 20 years ago would be worth $1,915.54 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:31 pm

SPY

The Dallas Fed Manufacturing Business Index for July dropped to -17.5 from -15.1 in the previous month, indicating a further contraction in manufacturing activity.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:31 pm

TOL

Whales have taken a bearish stance on Toll Brothers (NYSE:TOL), with 40% of recent options trades being bearish. The major market movers are focusing on a price band between $85.0 and $150.0. Analysts have mixed ratings, with price targets ranging from $116 to $180.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:30 pm

IREN

High-rolling investors have shown a bearish sentiment on Iris Energy (NASDAQ:IREN) through significant options trading. The sentiment is split with 37% bullish and 50% bearish. The trading activity suggests a price target range of $9.0 to $17.5. Analysts have mixed ratings with a consensus target price of $19.2.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 2:30 pm