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ETHUSD

SOLUSD

A 10x Research report suggests caution for Ethereum (ETH) investors, indicating that the recent ETF launch might lead to a sell-off rather than a rally. Historical patterns and several factors, including limited marketing efforts, low funding rates, and stagnant network growth, support this view. The report also highlights a potential shift in favor of Solana (SOL) over Ethereum.

Portfolio Pulse from Murtuza Merchant

July 23, 2024 | 6:39 pm

IBM

IBM is set to report its Q2 earnings with Wall Street expecting $2.19 EPS and $15.6 billion in revenues. The stock has shown a bullish trend, supported by various technical indicators, and analysts see an 8% upside with a price target of $200.

Portfolio Pulse from Surbhi Jain

July 23, 2024 | 6:39 pm

CRWD

DAL

MSFT

Delta Air Lines (DAL) is facing significant operational disruptions due to a global cyber outage caused by a software update from CrowdStrike (CRWD) affecting Microsoft (MSFT) systems. The outage has led to over 4,000 flight cancellations and will take two more days to fully recover. Other major U.S. airlines have largely recovered.

Portfolio Pulse from Shivani Kumaresan

July 23, 2024 | 6:34 pm

CMG

Chipotle Mexican Grill (NYSE:CMG) is in focus ahead of its earnings report for the 2024 fiscal-year second quarter, expected to be released on Wednesday after market close. Analysts predict an EPS of 32 cents and revenue of $2.93 billion. The stock is currently trading at $52.85, below its 50-day moving average of $61.97 and within its 52-week range of $35.37 to $69.26.

Portfolio Pulse from Dylan Berman

July 23, 2024 | 6:34 pm

CRWD

DAL

Delta Air Lines (NYSE:DAL) is under investigation by the U.S. Department of Transportation due to ongoing flight disruptions. The disruptions were caused by a faulty software update from CrowdStrike Holdings (NASDAQ:CRWD). Delta has canceled over 440 flights and its stock has fallen nearly 5% in the past five days.

Portfolio Pulse from Erica Kollmann

July 23, 2024 | 6:33 pm

ADIL

AZTR

CLRB

FEIM

JAGX

RNAZ

U.S. stocks traded slightly higher with the Dow Jones gaining over 50 points. Coca-Cola reported strong Q2 results and raised its FY24 forecast. Azitra, Adial Pharmaceuticals, and Frequency Electronics saw significant stock price increases, while Jaguar Health, TransCode Therapeutics, and Cellectar Biosciences experienced sharp declines.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 6:32 pm

VRSK

Verisk Analytics (NASDAQ:VRSK) has significantly outperformed the market over the past 10 years, delivering an average annual return of 16.21%. A $1000 investment in VRSK 10 years ago would be worth $4,457.87 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 6:30 pm

MTH

Meritage Homes (NYSE:MTH) has outperformed the market over the past 20 years with an average annual return of 9.76%, surpassing the market by 1.37% annually. A $1000 investment in MTH 20 years ago would be worth $6,471.81 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 6:30 pm

LAZR

Luminar Technologies (NYSE:LAZR) has seen a 4.67% decrease in its short percent of float, now at 24.49%. This indicates a potential shift in market sentiment. The company's short interest remains higher than its peers, which average 6.55%.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 6:30 pm

SONM

Sonim Technologies (NYSE: SONM) has seen a 55.95% increase in its short percent of float, now at 12.71%. This indicates a bearish sentiment among investors. The company's short interest is significantly higher than its peers, whose average is 4.61%.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 6:30 pm