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NFLX

QQQ

Netflix Inc (NASDAQ:NFLX) shares rose by 2.28% to $647.55 due to a lower-than-expected Producer Price Index (PPI) for July, sparking optimism about a potential larger Federal Reserve interest rate cut. This could reduce borrowing costs for Netflix, aiding in financing new content and technology investments. Additionally, the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), which reflects technology shares, climbed 1.7%, benefiting Netflix as part of the broader tech market trend.

Portfolio Pulse from Henry Khederian

August 13, 2024 | 5:59 pm

BRKR

Asia's first 1.2 GHz NMR system has been installed at the Korea Basic Science Institute, significantly enhancing molecular and disease research capabilities.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 5:42 pm

AAPL

AMD

DELL

HPQ

INTC

QCOM

The AI-capable PC market is experiencing significant growth, with major players like Apple, Intel, AMD, and Qualcomm leading the charge. Apple dominates with its M-series chips, while Intel and AMD are making strides in AI PC shipments. Qualcomm's PC-related revenue is expected to see substantial growth.

Portfolio Pulse from Anusuya Lahiri

August 13, 2024 | 5:37 pm

UBER

Uber Technologies (NYSE:UBER) has outperformed the market over the past 5 years with an average annual return of 15.28%, resulting in a $1000 investment growing to $2000.28. The company currently has a market capitalization of $148.05 billion.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 5:30 pm

CVE

Cenovus Energy (NYSE:CVE) has outperformed the market over the past 5 years, delivering an average annual return of 18.1%. A $1000 investment in CVE 5 years ago would be worth $2,323.13 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 5:30 pm

JSDA

Jones Soda Co. (OTCQB:JSDA) is expanding its Mary Jones cannabis brand into Michigan through a partnership with Emerald Canning Partners and introducing new cannabis-infused shooters in California. This move aims to capitalize on Michigan's leading position in legal cannabis sales and build on the strong performance of its THC-infused products.

Portfolio Pulse from Jelena Martinovic

August 13, 2024 | 5:16 pm

CVNA

Carvana Co (NASDAQ:CVNA) shares surged by 7.72% to $143.78 on Tuesday, driven by a softer-than-expected Producer Price Index (PPI) report. The July PPI data showed a 0.1% month-over-month increase, below the anticipated 0.2%, fueling investor speculation of a potential aggressive interest rate cut by the Federal Reserve. This could ease Carvana's financial burden and make auto financing more affordable, potentially boosting sales and revenue.

Portfolio Pulse from Henry Khederian

August 13, 2024 | 5:15 pm

UBS

UBS Gr (NYSE:UBS) has outperformed the market over the past 5 years with an average annual return of 22.69%, resulting in a $1000 investment growing to $2,800.96. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 5:01 pm

AER

AerCap Holdings (NYSE:AER) has significantly outperformed the market over the past 15 years, delivering an average annual return of 17.35%. A $1000 investment in AER 15 years ago would be worth $11,200.24 today. The company currently has a market capitalization of $18.23 billion.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 5:01 pm

HOOD

Robinhood CEO Vlad Tenev discussed the company's plans for cryptocurrency integration, emphasizing crypto as a key driver of their business model. Robinhood has expanded its crypto offerings and introduced crypto wallets, aiming to integrate traditional finance with crypto. The company is also investing in crypto education and envisions leveraging AI for personalized financial advice.

Portfolio Pulse from Khyathi Dalal

August 13, 2024 | 4:37 pm