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AMD

FTXL

INTC

NVDA

QCOM

SHOC

Intel Corp (NASDAQ:INTC) anticipates Q2 2024 revenue to be below the midpoint of its $12.5 billion to $13.5 billion guidance, affected by the U.S. ban on exports to Huawei. This follows the U.S. Department of Commerce revoking licenses for consumer-related exports to China, impacting both Intel and Qualcomm Inc (NASDAQ:QCOM). Despite this, Intel expects year-over-year growth in 2024 revenue and EPS. The ban, part of broader U.S. efforts to limit China's access to semiconductor technology, also affects other chipmakers like AMD (NASDAQ:AMD) and Nvidia Corp (NASDAQ:NVDA). Intel's stock, along with others, has declined, with INTC down over 3% in the last 12 months. Investors can access Intel stock through ETFs like First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) and Strive U.S. Semiconductor ETF (NYSE:SHOC).

Portfolio Pulse from Shivani Kumaresan

May 08, 2024 | 4:01 pm

HR

Healthcare Realty Trust (NYSE:HR) has been analyzed by 5 analysts, showing a shift towards a more cautious stance with 4 indifferent ratings recently. The average 12-month price target is now $15.6, marking a 13.33% decrease from previous targets. Financial indicators reveal challenges for HR, including a -2.25% revenue decline, below-average net margin, and ROE, but a healthier debt-to-equity ratio compared to peers. The company focuses on owning, leasing, and managing healthcare properties, with M&A as part of its growth strategy.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 4:01 pm

VERI

Veritone shares surged following the announcement of better-than-expected Q1 earnings and the issuance of strong future guidance.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 3:54 pm

RDFN

Stephens & Co. analyst John Campbell upgraded Redfin (NASDAQ:RDFN) from Equal-Weight to Overweight and increased the price target from $8 to $9.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 3:52 pm

LYFT

Lyft Inc (NASDAQ:LYFT) shares rose after Q1 results showed over 20% growth in rides and gross bookings, and a 28% revenue increase. Analysts from JPMorgan, Goldman Sachs, and Needham provided updates, with JPMorgan and Goldman Sachs raising their price targets to $18 and $19, respectively, and Needham maintaining a Hold rating. The positive outlook is attributed to Lyft's focus on customer service, driver supply, and operational efficiencies.

Portfolio Pulse from Priya Nigam

May 08, 2024 | 3:52 pm

CELH

Celsius Holdings shares are trading lower following the announcement of worse-than-expected Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 3:52 pm

SPY

Fed's Collins remarks that companies are in a good position to handle quicker wage increases, stating that the recent inflation setbacks were anticipated.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 3:50 pm

TMCI

Morgan Stanley analyst Drew Ranieri downgraded Treace Medical Concepts (TMCI) from Overweight to Equal-Weight and reduced the price target from $15 to $5.5.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 3:47 pm

BTCUSD

LINKUSD

New on-chain data analysis reveals that Bitcoin whales are continuing to buy dips but with less intensity, indicating a potential decrease in their conviction. Meanwhile, Chainlink investors are showing signs of accumulation despite price fluctuations, with a net outflow of 3.6 million LINK from exchanges. This suggests differing levels of investor confidence in Bitcoin and Chainlink, highlighting the importance of monitoring various data points for investment decisions.

Portfolio Pulse from Murtuza Merchant

May 08, 2024 | 3:46 pm