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U

Unity Software Inc (NYSE:U) experienced a significant drop in early trading on Tuesday following a higher-than-expected loss for Q4. Analysts from Piper Sandler, Needham, Wedbush, Oppenheimer, and Goldman Sachs provided mixed reviews, adjusting their ratings and price targets based on the company's performance and strategic reset. The reset, aimed at addressing various challenges including competition and market declines, has led to a revised revenue growth outlook and concerns over the company's future performance.

Portfolio Pulse from Priya Nigam

February 27, 2024 | 3:42 pm

LI

Li Auto shares surged following the announcement of better-than-expected Q4 results and a significant year-over-year increase in deliveries.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:36 pm

CEG

Constellation Energy's shares saw an increase following the announcement of their Q4 revenue, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:34 pm

SGRP

SPAR Group, Inc. (NASDAQ:SGRP) has sold its ownership interest in SPAR China, a joint venture based in Shanghai. The financial terms of the sale were not disclosed. The company aims to simplify its operating and financial structure while focusing on its core business in the U.S. and Canada, which has seen significant growth over the last three years.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:31 pm

UBER

Recent options trading activity for Uber Technologies (NYSE:UBER) shows a mixed sentiment among investors, with 46% bullish and 53% bearish. The trades range from $57.5 to $100.0 strike prices, indicating varied expectations for the stock's future price. Uber's current stock price is $78.65, with a volume of 3,433,024 and an RSI suggesting potential overbought conditions. Analysts have given Uber an average target price of $89.6, with ratings ranging from Buy to Overweight. The company operates a technology platform for ridesharing, food delivery, and potentially more, serving over 150 million users across 63 countries.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:30 pm

TSM

Benzinga's options scanner detected significant options trading activity for Taiwan Semiconductor (NYSE:TSM), with over 11 trades amounting to $430,957. The trading activity suggests a bullish sentiment, focusing on a price band between $40.0 and $160.0. The largest trades were all call options, indicating expectations of price increases. Taiwan Semiconductor, a leading chip foundry with a major market share, has seen its stock price increase by 0.52% to $131.32. Analysts, including one from Susquehanna, have set a target price of $160.0, maintaining a Positive rating.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:30 pm

AMT

American Tower's shares dropped following the announcement of its Q4 results and the release of its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:30 pm

ZS

Financial analysts observed a surge in options activity for Zscaler (NASDAQ:ZS), with a bullish sentiment prevailing among 52% of traders. The analysis highlighted significant trades within a price window of $175.0 to $360.0 for Zscaler. The company, known for its cloud-native cybersecurity solutions, is currently trading at $244.44, with an anticipated earnings release in 2 days. Professional analysts have set an average price target of $229.8 for ZS, with ratings ranging from Neutral to Buy.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:30 pm

CELH

Over the past 10 years, Celsius Holdings (NASDAQ:CELH) has significantly outperformed the market with an annualized return of 84.79%, turning a $100 investment into $52,448.77. The company now has a market capitalization of $15.45 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:30 pm

SHOP

Over the past 15 years, Shopify (NYSE:SHOP) has produced an average annual return of 15.47%, outperforming the market. An initial investment of $1000 in SHOP would now be worth $8,439.15. This showcases the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:30 pm