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SBUX

SPY

The latest CPI data indicates a slowdown in year-over-year inflation. Starbucks shares have pulled back, and Mars is set to acquire Kellanova.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:44 pm

SE

Sea shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and multiple firms raised their respective price targets.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:41 pm

KARS

KGRN

NIO

NIO Inc. (NYSE:NIO) shares are trading lower, down 1.67% to $3.825. The stock has lost over 69% in the past year. Investors can gain exposure via KraneShares MSCI China Clean Technology Index ETF (NYSE:KGRN) and KraneShares Electric Vehicles and Future Mobility Index ETF (NYSE:KARS). An Onvo executive released an interior image of the L60, NIO’s sub-brand debut model, as it approaches mass production.

Portfolio Pulse from Nabaparna Bhattacharya

August 14, 2024 | 3:35 pm

ZVRA

Zevra Therapeutics shares are trading higher following better-than-expected Q2 revenue results. Cantor Fitzgerald reiterated its Overweight rating on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:34 pm

KRRO

Korro Bio shares are trading higher following Q2 financial results and an Outperform rating from William Blair.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:32 pm

RCL

Royal Caribbean Gr (NYSE:RCL) has outperformed the market over the past 15 years with an average annual return of 14.88%, resulting in a $100 investment growing to $849.86. The company currently has a market capitalization of $39.18 billion.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:31 pm

DKNG

FLUT

DraftKings (NASDAQ:DKNG) faced backlash and a drop in shares after announcing a winning bet surcharge in high-tax states, which it later reversed following Flutter Entertainment's (NYSE:FLUT) decision not to implement a similar charge. Analysts have raised their price targets for Flutter, citing strong Q2 performance and growth potential.

Portfolio Pulse from Chris Katje

August 14, 2024 | 3:30 pm

VSAT

Viasat (NYSE:VSAT) has seen a 15.99% increase in its short percent of float, now at 17.84% of all regular shares available for trading. This is significantly higher than its peer group average of 7.38%. The high short interest could indicate bearish sentiment but also presents a potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:30 pm

NKTX

Nkarta shares are trading higher after the company reported better-than-expected Q2 EPS results. Additionally, Raymond James upgraded the stock from Outperform to Strong Buy.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:30 pm

DOGG

IBM

TDVI

IBM shares are trading higher following the inclusion of two IBM-developed algorithms in the first post-quantum cryptography standards by NIST. IBM is also partnering with WWF to develop AI solutions for monitoring endangered species and has launched generative AI enhancements for its security services. IBM stock has gained around 35% in the last 12 months.

Portfolio Pulse from Lekha Gupta

August 14, 2024 | 3:30 pm