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Revenues

AMZN

AWS is expanding its presence in the Asia Pacific with a new region in Malaysia, planning to invest $6.2 billion and create over 3,500 jobs annually through 2038. This move aims to meet the growing demand for cloud services in the region.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:30 am

EWQ

The France Services Purchasing Managers Index (PMI) for August came in at 55.0, significantly higher than the estimated 50.2 and the previous month's 50.1. This indicates a strong expansion in the French services sector.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:17 am

BBJP

DXJ

EWJ

The au Jibun Bank Japan Services Purchasing Managers' Index (PMI) for August increased to 54.0 from 53.7 in July, indicating an expansion in the services sector.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:03 am

DJT

The Trump Organization's primary income source has shifted to its golf resorts, now accounting for 80% of its cash flow. Despite financial challenges, including over $530 million in court judgments, the organization is projected to generate $80 million in cash this year. Trump Media & Technology Group, owner of Truth Social, remains a significant asset despite a drop in stock value.

Portfolio Pulse from Benzinga Neuro

August 22, 2024 | 12:50 am

F

FTXR

GM

Ford is canceling plans for a large electric SUV and expects a $1.9 billion write-down due to lower-than-expected EV demand. The company will focus more on hybrid models and delay a new electric pickup truck to 2027. Ford's EV business is projected to lose $5 billion in 2024. The news also affected ETFs tracking Ford's stock.

Portfolio Pulse from Michael Juliano

August 21, 2024 | 10:47 pm

RLGT

Radiant Logistics has secured a 5-year contract with USAID to provide transportation and logistics services, including transporting personnel and emergency equipment globally.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 9:35 pm

LULU

TGT

Lululemon Athletica Inc. (LULU) shares rose following Target's strong Q2 earnings, which boosted sentiment in the retail sector. Target's results showed significant year-over-year growth in EPS and operating income, with notable improvements in apparel sales. Investors are now anticipating Lululemon's Q2 earnings report on August 29.

Portfolio Pulse from Vaishali Prayag

August 21, 2024 | 9:31 pm

TEVA

Teva Pharmaceutical Industries (NYSE:TEVA) has outperformed the market over the past 5 years, achieving an average annual return of 21.99%. A $1000 investment in TEVA 5 years ago would now be worth $2,443.40, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 9:30 pm

FANG

Diamondback Energy (NASDAQ:FANG) has outperformed the market over the past 5 years, with an average annual return of 15.65%. A $100 investment in FANG 5 years ago would now be worth $204.41, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 9:30 pm

ADP

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 10 years with an average annual return of 13.8%, resulting in a $1000 investment growing to $3,651.31. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 9:00 pm