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CSIQ

Canadian Solar's subsidiary, Recurrent Energy, received a $500 million capital commitment from BlackRock to expand its renewable energy platform. This investment could bolster Canadian Solar's position in the renewable energy sector and potentially enhance its financial performance.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:13 pm

EADSY

UAL

United Airlines is contemplating the use of Airbus A350 aircraft in the 2030s, as discussed in a recent conference call. This consideration could signal future procurement plans for the airline's fleet expansion or replacement.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:13 pm

UAL

During a conference call, a United Airlines executive mentioned that due to the grounding of the Max 9 aircraft and ongoing supply chain issues, there is an expectation of reduced spending for the company in 2024.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:03 pm

BA

Westjet has announced it will receive up to 62 additional Boeing 737 Max airplanes by the end of 2028, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:03 pm

UNP

Over the past 15 years, Union Pacific (NYSE:UNP) has delivered an average annual return of 16.88%, outperforming the market. A $100 investment in UNP 15 years ago would be worth $1,079.06 today. Union Pacific currently has a market cap of $147.94 billion.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 4:02 pm

WM

Over the past 10 years, Waste Management (NYSE:WM) has produced an average annual return of 16.18%, outperforming the market by 5.74% on an annualized basis. A $1000 investment in WM a decade ago would be worth $4,467.98 today. Waste Management currently has a market cap of $74.76 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 4:02 pm

BA

Westjet is expanding its fleet by leasing five new Boeing 737 Max 8 aircraft, with deliveries expected in early 2025. This addition means Westjet will receive up to 22 new Boeing 737 Max airplanes by the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:02 pm

PLTR

Palantir Technologies (NYSE:PLTR) is evaluated against competitors in the Software industry. With a P/E ratio of 251.43, P/B of 12.01, and P/S of 18.50, Palantir is priced at a premium and may be overvalued compared to peers. Its ROE of 2.33% and EBITDA of $0.09 billion are below the industry average, indicating potential inefficiencies. However, its revenue growth of 16.8% surpasses the industry average, suggesting strong sales performance. Palantir's lower debt-to-equity ratio of 0.07 indicates a strong financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 4:01 pm

GOLD

Barrick Gold Corporation's Lumwana copper mine Super Pit expansion in Zambia is on track for first production in 2028. The project, costing nearly $2 billion, aims to transform Lumwana into a major copper mine with an annual output of 240,000 tonnes over 30+ years. The mine has been restructured since 2019, contributing $3 billion to Zambia's economy and focusing on local procurement and community development through initiatives like the Business Accelerator Program and REDD+ for conservation.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 3:36 pm

V

Over the past 10 years, Visa (NYSE:V) has delivered an average annual return of 17.21%, outperforming the market. An investment of $1000 in Visa stock a decade ago would now be worth $5,001.20. Visa's current market capitalization stands at $559.42 billion.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 3:32 pm