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Assets

ROST

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 15 years, producing an average annual return of 13.86%. If an investor had bought $100 of ROST stock 15 years ago, it would be worth $672.42 today.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 2:00 pm

CTAS

Cintas (NASDAQ:CTAS) has outperformed the market over the past 5 years by 11.78% on an annualized basis, producing an average annual return of 19.91%. If an investor had bought $1000 of CTAS stock 5 years ago, it would be worth $2,451.77 today.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 2:00 pm

ZS

Investor Business Daily SwingTrader has reportedly purchased stock in Zscaler (ZS).

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:51 pm

INTC

Intel Corporation has resumed high-volume manufacturing using extreme ultraviolet (EUV) lithography in its Ireland plant. This development is expected to boost Intel's upcoming processors and contribute to its goal of delivering five nodes in four years and regaining leadership in process technology by 2025. Intel's investments in Ireland, Germany, and Poland are creating a leading-edge semiconductor manufacturing value chain in Europe.

Portfolio Pulse from Nabaparna Bhattacharya

September 29, 2023 | 1:50 pm

BA

RYAAY

Ryanair Holdings Plc (NASDAQ:RYAAY) has announced reductions to its Winter 2023 schedule due to aircraft delivery delays from Boeing Company (NYSE:BA). Ryanair had expected to acquire 27 aircraft between September and December, but due to production issues at Spirit Fuselage and logistical setbacks at Boeing, this has been revised to 14 aircraft. Ryanair is working with Boeing to accelerate deliveries from January to May 2024. As a result of these delays, Ryanair will make several adjustments to its Winter 2023 schedule.

Portfolio Pulse from Nabaparna Bhattacharya

September 29, 2023 | 1:16 pm

UTEN

The August Personal Consumption Expenditure (PCE) Price Index report showed mixed results, with the headline PCE price index increasing to 3.5% year-on-year, matching forecasts. The core PCE price index, excluding energy and food items, dropped to 3.9% year-on-year. Personal income and spending both increased by 0.4% in August. The US Treasury 10 Year Note ETF (NYSE:UTEN) is down nearly 4% this month. Traders assign an 85% probability to the Fed maintaining interest rates steady in the upcoming November FOMC meeting.

Portfolio Pulse from Piero Cingari

September 29, 2023 | 1:09 pm

UBS

UBS Group AG's subsidiary Credit Suisse reported a significant increase in 6M FY23 revenue to CHF17.1 billion, up from CHF8.13 billion a year ago. However, the company expects a loss of $1.6 billion from reclassifying loans related to its non-core and legacy businesses. Additionally, Credit Suisse witnessed net asset outflows of CHF100.3 billion in the period. UBS shares are trading higher by 1.13% at $24.98 premarket.

Portfolio Pulse from Lekha Gupta

September 29, 2023 | 12:59 pm

NAAS

NaaS Technology Inc (NASDAQ:NAAS) has partnered with Shenzhen ZSY Financial Services Co Ltd to promote financial innovation in the energy sector. The collaboration will focus on new energy industry financial innovation and new energy assets securitization. The partnership aims to integrate new energy business and financial services to boost a low-carbon energy industry. NaaS' year-to-date fundraising has reached $91 million. Its parent company, NewLink, has partnered with China Construction Bank (CCB) for integrated financial services support.

Portfolio Pulse from Shivani Kumaresan

September 29, 2023 | 12:52 pm

BLK

BTCUSD

SPY

The SEC has delayed Bitcoin ETF proposals from Blackrock and Valkyrie. Elon Musk has been censored on his own app. S&P 500 and Nasdaq futures point to a strong open ahead of key inflation data. More than $7M has been bet on Howard Hughes. Nike, OPKO Health, and other big stocks are moving higher in Friday's pre-market session. Investor fear is easing as US stocks rise following economic reports. Robert Kiyosaki is back to loving Bitcoin, thanks to fear of CBDCs. Pepe Coin is outpacing Dogecoin and Shiba Inu with a 12% surge. Bitcoin, Ethereum, and Dogecoin spike as Valkyrie Funds secures SEC approval for ETH ETF futures.

Portfolio Pulse from Akanksha Bakshi

September 29, 2023 | 12:47 pm

UTZ

Utz Brands has announced several network optimization initiatives aimed at supporting long-term volume growth and reducing costs. As part of these initiatives, the company has sold its Bluffton plant to Super-Pufft Snacks USA, Inc. and its affiliated entities.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 12:45 pm