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AMAT

Over the past 5 years, Applied Materials (NASDAQ:AMAT) has produced an average annual return of 34.86%, outperforming the market by 21.86%. A $100 investment in AMAT 5 years ago would be worth $434.27 today. The company's market capitalization currently stands at $124.58 billion.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 6:00 pm

INTU

Over the past 15 years, Intuit (NASDAQ:INTU) has delivered an average annual return of 24.21%, outperforming the market by 12.01% on an annualized basis. A $1000 investment in Intuit 15 years ago would be worth $25,086.07 today. Intuit's market capitalization currently stands at $168.89 billion.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 6:00 pm

ETHUSD

On Monday, 5,068.77 Ether (ETH) valued at approximately $11.48 million was burned due to the EIP-1159 upgrade implemented on the Ethereum blockchain, which introduced a variable base fee for transactions that is permanently removed from circulation. This has led to a net annualized issuance rate of -4.30% for Ether, indicating a deflationary trend, especially with the anticipated Ethereum 2.0 upgrade that could further reduce the issuance rate to 0.5-1% per year.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 6:00 pm

AAPL

IBM

INTC

META

MU

QCOM

TSLA

TSM

Samsung Electronics topped the U.S. patent recipient list for 2023 with 6,165 patents, followed by Qualcomm, TSMC, and IBM. Apple, Micron, and Intel were also in the top 10, while Meta and Tesla were notably absent. The patent landscape shows growth in autonomous driving, electrical smoking devices, quantum computing, breathing masks, and nanotechnology. U.S. patents issued decreased by 3.4% in 2023, with U.S. companies securing nearly half of all patents. Japan and South Korea are also significant recipients, despite declines.

Portfolio Pulse from Surbhi Jain

January 09, 2024 | 5:40 pm

USO

The U.S. Energy Information Administration forecasts that OPEC+ will increase crude oil production by 700,000 barrels per day in 2025 as current output cuts expire, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:31 pm

USO

The U.S. Energy Information Administration forecasts a decline in OPEC+ crude oil production by 600,000 barrels per day in 2024. This projection could influence global oil supply and prices.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:30 pm

PWR

Quanta Services (NYSE:PWR) has significantly outperformed the market, with an average annual return of 44.67% over the past 5 years. A $1000 investment in PWR 5 years ago would now be worth $6,296.90. The company's market capitalization stands at $29.73 billion.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 5:30 pm

FMX

Over the past 20 years, Fomento Economico (NYSE:FMX) has produced an average annual return of 11.86%, outperforming the market by 4.5% annually. With a current market cap of $226.77 billion, a $1000 investment in FMX 20 years ago would be worth $9,326.71 today. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 5:00 pm

UNP

Union Pacific Corp's rail network is experiencing disruptions due to severe winter weather conditions, including heavy snow, blizzards, ice, and power outages across Nebraska, Kansas, and Oklahoma. The inclement weather has also led to road closures, which are affecting the company's ability to transport crews needed to operate trains.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 4:47 pm

AL

BA

EADSY

Air Lease Corp (AL) provided an operational and financing update for Q4 FY23, reporting the delivery of 22 new aircraft, including models from Airbus (EADSY) and Boeing (BA). The company invested approximately $1.2 billion in aircraft during the quarter and sold seven aircraft for about $440 million. Air Lease's fleet now includes 463 owned and 78 managed aircraft, with 334 new aircraft on order to be delivered by 2029. The company also increased its senior unsecured revolving credit facility to $7.4 billion. AL plans to announce Q4 FY23 results on February 15, 2024. In November, AL signed a lease agreement with EGYPTAIR for 18 new Boeing 737-8 aircraft. AL's stock is currently trading down by 0.91% at $40.15.

Portfolio Pulse from Lekha Gupta

January 09, 2024 | 4:46 pm