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Revenues

HUBB

Hubbell (NYSE:HUBB) has significantly outperformed the market over the past 5 years, with an average annual return of 25.07%. A $1000 investment in Hubbell 5 years ago would now be worth $3,058.77, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 2:00 pm

HIMS

Analysts have provided mixed ratings for Hims & Hers Health (NYSE:HIMS) over the past three months, with a majority being bullish. The average 12-month price target has increased significantly, indicating positive sentiment. The company has shown strong financial performance with high revenue growth and profitability metrics.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 2:00 pm

SPY

The USA's existing home sales for July were reported at 3.95 million, slightly above the estimated 3.94 million and higher than the previous month's 3.90 million.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 2:00 pm

AXSM

Over the past three months, 14 analysts have shared their insights on Axsome Therapeutics (NASDAQ:AXSM), with a majority expressing bullish sentiments. The average 12-month price target is $132.14, with a high of $190.00 and a low of $95.00. Axsome Therapeutics, a clinical-stage biopharmaceutical company, has shown significant revenue growth but faces challenges in profitability and financial returns.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 2:00 pm

ITA

PPA

XAR

The potential return of Donald Trump to the White House has spurred increased investments in European defense-tech startups, driven by concerns over NATO and defense budgets. This has led to a rise in military spending and partnerships with venture capital firms. U.S. defense ETFs have seen slight increases in trading.

Portfolio Pulse from Benzinga Neuro

August 22, 2024 | 1:55 pm

MSFT

Microsoft has restructured its reporting segments and revised its guidance. The company will now report Microsoft 365 commercial components under the Productivity and Business Processes segment, and has made several other reporting changes. Microsoft has also updated its Q1 revenue guidance for its segments, with a notable decrease in expected revenue for the Intelligent Cloud and Personal Computing segments.

Portfolio Pulse from Lekha Gupta

August 22, 2024 | 1:46 pm

SPY

The USA S&P Global US Manufacturing PMI for August was reported at 48.0, below the estimated 49.5 and the prior 49.6. This indicates a contraction in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:45 pm

HOV

Hovnanian Enterprises has raised its fiscal year 2024 outlook, increasing revenue expectations to $2.90B-$3.05B and EPS to $29-$31. The company anticipates significant growth in book value per share by October 2024.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:29 pm

AMZN

ONLN

VCR

Amazon Web Services (AWS), a subsidiary of Amazon.com, Inc., plans to invest $6.2 billion in Malaysia by 2038, establishing a new AWS Region. This investment is expected to significantly boost Malaysia's GDP and create jobs. AWS's expansion aligns with its global growth strategy, including investments in Europe and Asia. Investors can gain exposure to Amazon through ETFs like ProShares Online Retail ETF and Vanguard Consumer Discretion ETF.

Portfolio Pulse from Lekha Gupta

August 22, 2024 | 1:28 pm

HOV

Hovnanian Enterprises reported a significant increase in Q3 earnings per share (EPS) and sales compared to the same period last year. EPS rose by 32.11% to $9.75, while sales increased by 11.19% to $722.70 million.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:19 pm