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MTH

Meritage Homes (NYSE:MTH) has outperformed the market over the past 20 years with an average annual return of 9.76%, surpassing the market by 1.37% annually. A $1000 investment in MTH 20 years ago would be worth $6,471.81 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 6:30 pm

LAZR

Luminar Technologies (NYSE:LAZR) has seen a 4.67% decrease in its short percent of float, now at 24.49%. This indicates a potential shift in market sentiment. The company's short interest remains higher than its peers, which average 6.55%.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 6:30 pm

SONM

Sonim Technologies (NYSE: SONM) has seen a 55.95% increase in its short percent of float, now at 12.71%. This indicates a bearish sentiment among investors. The company's short interest is significantly higher than its peers, whose average is 4.61%.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 6:30 pm

GOOG

META

NVDA

SMCI

TSLA

Mark Zuckerberg, CEO of Meta Platforms Inc (NASDAQ:META), is shifting focus from the metaverse to artificial intelligence with the launch of Meta's latest Llama model. This move positions Meta against other tech giants like Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL), OpenAI, and Elon Musk's xAI. The Llama model, integrated into Meta's applications, aims to solve complex problems and generate content. Despite past layoffs, Meta is investing billions in AI development.

Portfolio Pulse from Aaron Bry

July 23, 2024 | 6:29 pm

ADI

MCHP

NXPI

TXN

Cantor Fitzgerald analyst C J Muse reiterated an Overweight rating for NXP Semiconductors (NASDAQ:NXPI) with a $350 price target. Despite a slight miss in Q2 EPS and lower-than-expected Q3 guidance, Muse remains optimistic about NXPI's strategic positioning and resiliency. The analyst also highlighted NXPI as the most attractive analog name compared to Texas Instruments (NASDAQ:TXN), Analog Devices (NASDAQ:ADI), and Microchip Technology (NASDAQ:MCHP).

Portfolio Pulse from Anusuya Lahiri

July 23, 2024 | 6:22 pm

META

NVDA

Nvidia Corp (NASDAQ:NVDA) announced new AI services in connection with Meta Platforms Inc's (NASDAQ:META) release of the open-source large language model Llama 3.1. Nvidia introduced the AI Foundry and NIM inference microservices to support enterprise AI deployments using Llama 3.1. Both companies saw a positive impact on their stock prices.

Portfolio Pulse from Adam Eckert

July 23, 2024 | 6:20 pm

CMCSA

DIS

Disney (DIS) shares are sliding, potentially in sympathy with Comcast (CMCSA), which reported declines in Studio and Theme Parks revenue. Comcast's stock fell over 4% after mixed Q2 results, with significant drops in Studios and Theme Parks revenue. Disney is set to report its Q3 results on Aug. 7, with analysts expecting earnings of $1.18 per share and revenue of $23.024 billion.

Portfolio Pulse from Adam Eckert

July 23, 2024 | 6:20 pm

C

The article discusses recent options trading activity for Citigroup (NYSE:C), highlighting a bullish sentiment among major investors. The analysis reveals a focus on a price range between $40.0 and $72.5, with notable trades including both calls and puts. Analysts have mixed ratings on Citigroup, with target prices ranging from $62 to $86.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 6:16 pm

AMC

DIS

AMC Entertainment Holdings Inc (NYSE:AMC) has reached an agreement with creditors to restructure its debt, extending maturities from 2026 to 2029. CEO Adam Aron highlighted the importance of this move for the company's future, especially with a strong lineup of upcoming blockbuster films. The refinancing aims to position AMC favorably for a box office recovery, with expected strong year-over-year growth in the coming years.

Portfolio Pulse from Adam Eckert

July 23, 2024 | 6:13 pm

KO

Goldman Sachs analyst Bonnie Herzog reiterated a Neutral rating on Coca-Cola (NYSE:KO) with a price target of $60. KO delivered a strong Q2 performance with an EPS beat of $0.84, driven by a 9% y/y price/mix growth and gross margin expansion. Despite inflation and cost pressures, KO raised its FY24 guidance. However, ongoing f/x headwinds and litigation with the IRS pose risks.

Portfolio Pulse from Shivani Kumaresan

July 23, 2024 | 6:03 pm