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INTU

Intuit Inc. (NASDAQ:INTU) is set to release its Q3 financial results for fiscal year 2024 after the closing bell on Thursday. Analysts expect earnings of $9.37 per share and revenue of $6.65 billion. Recent analyst ratings show a mix of Neutral, Overweight, and Outperform ratings with increased price targets.

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 1:56 pm

AKAN

AKTS

ASTI

MGOL

NVDA

ONMD

ZCAR

The Nasdaq Composite surged over 100 points, driven by strong Q1 results from Nvidia, which also announced a 10-for-1 stock split and a 150% increase in its quarterly dividend. Other notable stock movements included significant gains for OneMedNet Corporation, Ascent Solar Technologies, and Zoomcar Holdings, while MGO Global, Akoustis Technologies, and Akanda Corp saw substantial declines.

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 1:55 pm

BTCUSD

Crypto analyst Kevin Svenson predicts Bitcoin could reach $90,000 and potentially six figures this cycle, but cautions about possible corrections and sideways price action post $90K. Bitcoin's recent price movements have garnered significant attention, with other analysts also projecting new all-time highs.

Portfolio Pulse from Benzinga Neuro

May 23, 2024 | 1:55 pm

PDD

PDD Holdings shares are trading higher after multiple analysts raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:53 pm

TITN

Titan Machinery Inc (NASDAQ:TITN) shares dropped after missing Q1 fiscal 2025 earnings targets. The company reported revenue growth of 10.4% year-over-year to $628.703 million, missing the consensus of $661.73 million. EPS was $0.41, below the expected $0.61. Inventory issues and softening demand impacted margins. The company lowered its full-year EPS outlook to $2.25-$2.75 from $3.00-$3.50.

Portfolio Pulse from Akanksha Bakshi

May 23, 2024 | 1:52 pm

AAPL

AMZN

GOOGL

META

MSFT

NVDA

Nvidia Corp. (NASDAQ:NVDA) is experiencing exceptional growth, but faces potential challenges from rivals and market dynamics in the AI sector. Despite record-breaking sales and stock performance, competitors like Microsoft, Google, Meta, Amazon, and Apple are developing their own AI chips, which could impact Nvidia's market dominance.

Portfolio Pulse from Rounak Jain

May 23, 2024 | 1:51 pm

TSLA

Tesla has omitted its 2030 sales goal of selling 20 million cars from its latest impact report. This goal was previously a significant target for the company.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:50 pm

SWIN

Solowin Holdings shares were halted on a circuit breaker due to a significant drop, with the stock now down by 10.2%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:49 pm

AES

AES's short interest has risen 16.73% since its last report, with 14.33 million shares sold short, representing 3.07% of its float. This is higher than the peer group average of 1.99%. The increase in short interest could indicate bearish sentiment but does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 1:45 pm

SPY

The S&P Global US Manufacturing PMI for May came in at 50.9, surpassing the estimated 50.0 and the prior 50.0. This indicates a slight expansion in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:45 pm