Streetbeat News

Revenues

NKE

TSLA

The market summary highlights rising oil prices due to Israel-Iran tensions, leading to increased interest in safe haven assets like gold and the dollar. Nike's stock fell due to a revenue miss, while Tesla's stock declined following disappointing delivery and production figures.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 2:16 pm

BILI

Bilibili (NASDAQ:BILI) has outperformed the market over the past 5 years with an average annual return of 17.29%, resulting in a $1000 investment growing to $2,186.95. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:04 pm

GIL

Gildan Activewear (NYSE:GIL) has outperformed the market over the past 20 years with an average annual return of 13.6%, surpassing the market by 5.21% annually. A $100 investment in GIL 20 years ago would now be worth $1,293.35. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:04 pm

BOH

Analysts have mixed ratings for Bank of Hawaii (NYSE:BOH), with recent evaluations showing a range from indifferent to somewhat bearish. The average 12-month price target has increased by 6.15% to $65.6. Despite a decline in revenue, Bank of Hawaii maintains strong net margins and ROE, but faces challenges with asset utilization and debt management.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:03 pm

PFG

Principal Financial Group (NASDAQ:PFG) has been analyzed by 10 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $84.4, up from $82. Analysts have adjusted their ratings and price targets, reflecting varied expectations for PFG's performance. Despite strong revenue growth, PFG faces challenges with net margin, ROE, and ROA below industry averages.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:01 pm

MU

Micron Technology Inc. (NASDAQ:MU) has seen a recent stock price drop of 0.61% to $99.70, but has increased by 11.64% over the past month and 44.36% over the past year. Its P/E ratio of 143.29 is significantly higher than the industry average of 65.27, suggesting potential overvaluation or high future performance expectations.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:01 pm

CNO

Analysts have mixed views on CNO Financial Group (NYSE:CNO) with recent ratings showing a shift towards a more positive outlook. The average 12-month price target has increased by 7.45% to $34.6. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. CNO Financial Group has shown a 4.24% revenue growth over the past three months, but faces challenges in debt management and asset returns.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:01 pm

MODV

ModivCare shares are trading higher following the announcement of an amended credit agreement with JP Morgan and other lenders, and the collection of $60 million in previously delayed contract receivables.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 1:53 pm

BABA

BIDU

JD

LI

NIO

PDD

XPEV

ZK

Chinese stocks, including Alibaba, NIO, XPeng, and Li Auto, are rallying following China's stimulus plans, which include cutting the reserve requirement ratio and allowing mortgage refinancing. Alibaba is highlighted as a key beneficiary, with increased exposure from investors like David Tepper.

Portfolio Pulse from Anusuya Lahiri

October 02, 2024 | 1:26 pm

F

Ford's Q3 U.S. retail sales increased by 4% to 504,039 vehicles, with electric vehicle sales totaling 23,509 units.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 1:18 pm