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PLTR

Palantir Technologies, Inc. (NYSE:PLTR) is recognized as a leader in the enterprise AI market by Northland Capital Markets analyst Michael Latimore. Despite its strengths, including a proprietary AI platform and a growing enterprise segment, the analyst gives it a Market Perform rating with a $35 price target, suggesting limited upside. Palantir's AI system enhances data utility without costly overhauls, and its market is expanding rapidly. The analyst suggests buying on dips.

Portfolio Pulse from Shanthi Rexaline

August 22, 2024 | 12:54 pm

SPY

Federal Reserve's Collins states that unemployment remains low and jobless claims suggest an orderly rebalancing. The Fed is in a healthy position and aims to maintain it.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 12:54 pm

LANC

Lancaster Colony shares are trading higher following the release of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 12:54 pm

PTON

Peloton Interactive Inc (NASDAQ:PTON) saw a nearly 10% pre-market surge after reporting a slight sales increase and reduced losses in Q4. The company is undergoing restructuring, including a CEO search, and has tempered its Q1 FY25 outlook due to uncertainties in growth initiatives.

Portfolio Pulse from Benzinga Neuro

August 22, 2024 | 12:50 pm

CSIQ

Canadian Solar Inc. (NASDAQ:CSIQ) reported disappointing Q2 2024 results, missing EPS expectations and slashing its 2024 outlook. Despite a revenue beat, the company faced a significant year-over-year revenue decline and a drop in gross margin. The company anticipates challenging market conditions but expects stabilization in the second half of the year.

Portfolio Pulse from Akanksha Bakshi

August 22, 2024 | 12:50 pm

ABT

IYJ

NU

Abbott Laboratories, Nu Holdings, and iShares U.S. Industrials ETF were highlighted on CNBC's 'Final Trades'. Abbott reported strong Q2 results, Nu Holdings showed significant revenue growth, and iShares U.S. Industrials ETF was recommended as a final trade.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 12:48 pm

HUBC

HUB Cyber Security's stock is trading higher following the announcement of a collaboration with U.S. Enterprise-AI vendor Blackswan Technologies.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 12:46 pm

ROST

Ross Stores, Inc. (NASDAQ:ROST) is set to release its Q2 earnings, with expectations of $1.5 EPS and $5.25 billion in revenue. The company declared a quarterly dividend of 36.75 cents per share. Investors need 4,082 shares to earn $500 monthly from dividends. ROST shares rose 4.2% to $153.95.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 12:46 pm

OPRA

Opera Limited shares rise as the company reports better-than-expected Q2 results and provides strong FY24 and Q3 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 12:42 pm

RZLV

Revolve AI's stock price increased following the announcement of a partnership with ePages.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 12:38 pm