Shopify, Palantir And Uber Are Among Top 10 Large Cap Gainers Last Week (Aug 4-Aug 10): Are The Others In Your Portfolio?

Comments
Loading...
Zinger Key Points
  • Palantir Technologies stock upped 38.23% on announcing a partnership with Microsoft for enhanced analytics and AI services.
  • Uber Technologies stock gained 20.73% on better-than-expected Q2 earnings.

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?

  1. Shopify Inc. SHOP shares jumped 41.15% following a strong earnings report and an optimistic outlook for the third quarter of 2024. Several analysts revised the price target on the stock.
  2. Palantir Technologies Inc. PLTR shares rocketed 38.23% after the company reported better-than-expected results and raised its guidance. The company also announced a partnership with Microsoft Corporation MSFT for enhanced analytics and AI services to classified networks.
  3. Axon Enterprise, Inc. AXON stock zoomed 30.62% after the company reported better-than-expected second-quarter results and raised its FY24 revenue guidance above estimates. Many analysts boosted the stock’s price target.
  4. Fortinet, Inc. FTNT shares were up 29.95% after the company reported quarterly results and issued guidance above estimates. Many analysts increased the price target on the stock.
  5. Trade Desk Inc TTD stock gained 28.63% on better-than-expected Q2 financial results and a strong Q3 revenue outlook. Also, several analysts raised their respective price targets on the stock.
  6. Natera Inc. NTRA stock was up 24.28% last week on better-than-expected Q2 financial results and a strong annual revenue outlook. Several analysts also raised their respective price targets on the stock.
  7. SharkNinja, Inc. SN stock zoomed 23.21% after the company recently reported second-quarter FY24 financial results.
  8. Zillow Group, Inc. Z shares escalated 22.86% following better-than-expected quarterly financial results.
  9. Aspen Technology, Inc. AZPN shares grew 20.99% after the company reported fourth-quarter financial results and issued strong guidance.
  10. Uber Technologies, Inc. UBER stock rose 20.73% after reporting better-than-expected quarterly results. Several analysts raised their price targets on the stock.

Also Read:

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!