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META

The article discusses recent insider sales of shares by executives at Meta Platforms, Bank of America, C.H. Robinson Worldwide, and CarGurus. These sales could indicate various motivations, such as preplanned sales or concerns about company prospects.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 12:33 pm

SPY

US Personal Spending for July increased by 0.5%, matching the estimated growth rate. This indicates stable consumer spending, which is a positive sign for the economy.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:30 pm

SPY

The USA Core PCE Price Index for July remained unchanged at 0.2%, matching both the estimate and the prior month's figure. This indicates stable inflationary pressures in the economy.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:30 pm

SPY

The PCE Price Index for July came in at 2.5% year-over-year, matching the prior month's figure and slightly below the estimated 2.6%. This indicates a stable inflation environment, which could influence market sentiment and investor decisions.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:30 pm

SPY

The US Core PCE Price Index for July came in at 2.6% year-over-year, slightly below the estimated 2.7%. This indicates a slower-than-expected increase in core inflation, which could influence market expectations regarding future interest rate hikes.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:30 pm

AZI

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ULTA

Ulta Beauty reported disappointing Q2 results, missing earnings and sales estimates, and cut its FY24 guidance, leading to a 6.4% drop in pre-market trading. Elastic also saw a significant decline of 27.1% after issuing weak revenue guidance.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 12:29 pm

BTCUSD

On-chain analytics firm Lookonchain suggests that Bitcoin has not yet reached its peak, based on five key indicators including the Bitcoin Rainbow Chart, RSI, and 200-Week Moving Average Heatmap. These indicators point to potential further growth despite recent price crashes.

Portfolio Pulse from Khyathi Dalal

August 30, 2024 | 12:23 pm

IDGT

NOK

SIXG

Nokia's stock is trading lower premarket after denying reports of selling its mobile-networks business. The company emphasized its commitment to the Mobile Networks division and announced an expansion of its R&D facility in India. Nokia's recent financial performance showed a miss in Q2 2024 net sales, attributed to weak investment in mobile network upgrades.

Portfolio Pulse from Lekha Gupta

August 30, 2024 | 12:19 pm

INCR

Intercure shares are trading higher following the release of their H1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:14 pm

DELL

SCWX

Dell Technologies is considering selling its cybersecurity subsidiary, SecureWorks, which has led to a drop in SecureWorks' stock price. Dell's stock, however, has risen following strong quarterly revenue results.

Portfolio Pulse from Anusuya Lahiri

August 30, 2024 | 12:14 pm