Streetbeat News

Revenues

WELL

Welltower (NYSE:WELL) has outperformed the market over the past 20 years with an average annual return of 10.5%, surpassing the market by 2.08% annually. A $100 investment in WELL 20 years ago would now be worth $721.03, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 2:00 pm

MTN

Analysts have mixed ratings for Vail Resorts (NYSE:MTN), with recent adjustments in price targets reflecting varied sentiments. The average 12-month price target has decreased by 7.28% to $203.75. Vail Resorts shows strong financial health with impressive revenue growth, net margin, ROE, and ROA, while maintaining a conservative debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 2:00 pm

QFIN

Qifu Technology, Inc. (NASDAQ:QFIN) has responded to a short seller report by Grizzly Research, refuting claims of financial inaccuracies and mismanagement. The company asserts that the report contains flawed analyses and misleading conclusions. Qifu Technology highlights its strong financial performance, including significant revenues and profits, and its commitment to shareholder returns through dividends and stock repurchases. The company also addresses and rebuts various claims regarding its financial practices, regional headquarters, and loan interest rates.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:28 pm

AVGO

GOOGL

INTC

MSFT

NVDA

SMH

SOXX

The article discusses the ongoing expansion in AI investments by major tech companies like Microsoft, Google, and Meta, and the benefits reaped by Nvidia and Broadcom. Microsoft is investing heavily in AI infrastructure in Brazil and Mexico, while Google is expanding its data centers in South Carolina. Intel is seeking government funding and exploring stake sales, which could impact its subsidy chances. Semiconductor ETFs have seen recent gains.

Portfolio Pulse from Anusuya Lahiri

September 27, 2024 | 1:23 pm

EQIX

Equinix Inc. (NASDAQ:EQIX) is trading at $880.94, with a 0.22% increase in the current session. Over the past month, the stock rose by 5.35%, and by 23.33% over the past year. Its P/E ratio of 80.54 is higher than the industry average of 40.79, suggesting potential overvaluation or expected future performance.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 1:15 pm

SYT

SYLA Technologies reported a significant improvement in its financial performance for the first half of 2024. The company's earnings per share (EPS) improved from $(5.18) to $(1.59) year-over-year, and its revenue increased from $57.9 million to $65.7 million.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:13 pm

MPWR

Monolithic Power Systems (NASDAQ:MPWR) has received positive analyst ratings over the past three months, with 10 analysts providing bullish to somewhat bullish ratings. The average 12-month price target has increased by 14.08% to $975.3. Analysts have raised their price targets, reflecting confidence in the company's future performance. Monolithic Power Systems has shown strong financial metrics, including a 15.03% revenue growth rate, a net margin of 19.78%, and a low debt-to-equity ratio of 0.01.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 1:00 pm

UGRO

urban-gro has been awarded a construction contract to build a Fogo de Chão restaurant. The financial details of the contract have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:38 pm

KFS

Kingsway Financial Services Inc. (NYSE:KFS) has acquired Image Solutions LLC for $19.5 million in an all-cash transaction, partially funded by $7.75 million in debt. The acquisition is expected to be immediately accretive, adding $9.8 million in annual revenue and $3.1 million in adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:37 pm

SPY

The USA's personal spending for August increased by 0.2%, which is below the estimated 0.3% and lower than the previous month's 0.5% increase. This data may influence market sentiment and impact ETFs like SPY that track the broader market.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:31 pm