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RIOT

Riot Platforms (NASDAQ:RIOT) has been analyzed by 13 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target is $17.12, slightly down from the previous $17.54. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Riot Platforms faces financial challenges, with declining revenue growth and negative net margins.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 7:00 pm

WING

Wingstop (NASDAQ:WING) has significantly outperformed the market over the past 5 years, with an annualized return of 31.11%. A $100 investment in Wingstop 5 years ago would now be worth $384.49, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 7:00 pm

IREN

Analyst ratings for Iris Energy (NASDAQ:IREN) have shown a positive trend over the past three months, with an increase in average price targets from $14.07 to $17.5. Analysts have varied opinions, with most being bullish or somewhat bullish. The company's financials are strong, with significant revenue growth and profitability metrics exceeding industry averages.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 7:00 pm

BTCUSD

Bitcoin's price has risen by 4.66% in the past 24 hours, continuing a positive trend with a 6% gain over the past week. Despite a 14% drop in trading volume, Bitcoin remains the top cryptocurrency by market cap at $1.25 trillion.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 7:00 pm

NVDA

SPY

XLK

Nvidia's upcoming earnings report is highly anticipated, with expectations of significant revenue and earnings growth. Market strategist Jay Woods highlights Nvidia's importance in the market, noting its influence on major ETFs like SPY and XLK. Despite caution about short-term momentum, Woods considers Nvidia a top long-term investment.

Portfolio Pulse from Chris Katje

August 23, 2024 | 6:59 pm

UI

Ubiquiti shares rose following the announcement of better-than-expected Q4 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 6:58 pm

CAVA

FAMI

IQ

RRGB

SQNS

WDAY

U.S. stocks rose with the Nasdaq gaining over 1%. Workday shares climbed 13% after strong Q2 earnings. Sequans Communications surged 115% on revenue growth, while CAVA Group rose 21% on positive financial results. iQIYI and Farmmi saw significant declines due to downgrades and offerings.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 6:51 pm

CVNA

Carvana shares rose following Federal Reserve Chair Jerome Powell's comments on potential interest rate cuts, which boosted market optimism. Significant options activity and mixed analyst ratings indicate strong investor interest and varied market expectations for Carvana.

Portfolio Pulse from Vaishali Prayag

August 23, 2024 | 6:47 pm

BA

GD

LMT

NOC

RTX

President Biden has announced a new military aid package for Ukraine, which could potentially benefit defense contractors involved in supplying military equipment.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 6:45 pm

NNN

NNN REIT Inc. (NYSE:NNN) is trading at $46.36, with a 0.50% increase in the current session. Over the past month, the stock rose by 2.44%, and by 18.77% over the past year. Its P/E ratio of 20.78 is lower than the Retail REITs industry average of 163.95, suggesting potential undervaluation or lower growth expectations.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 6:45 pm