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DAL

MSFT

Delta Air Lines is pursuing $500 million in legal claims against CrowdStrike and Microsoft following a July outage that led to 7,000 flight cancellations. The incident is expected to impact Delta's Q3 2024 results with a $380 million revenue hit, $170 million in non-fuel expenses, and $50 million in lower fuel costs.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:05 pm

RUN

Over the past three months, 14 analysts have evaluated Sunrun (NASDAQ:RUN), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $22.04, reflecting a 16.43% rise from the previous average. Analysts from firms like Deutsche Bank, Goldman Sachs, and JP Morgan have raised their price targets, indicating a positive outlook. Despite revenue challenges, Sunrun's net margin, ROE, and ROA surpass industry standards, although the company faces high debt levels.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 7:04 pm

HIG

Hartford Financial Services Group (NYSE:HIG) has outperformed the market over the past 10 years with an average annual return of 11.93%, resulting in a $100 investment growing to $311.01. The company currently has a market capitalization of $31.53 billion.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 7:03 pm

VRT

Vertiv Holdings (NYSE:VRT) has significantly outperformed the market over the past 5 years, delivering an average annual return of 47.31%. A $1000 investment in VRT 5 years ago would be worth $6,934.51 today. The company's market capitalization is currently $26.07 billion.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 7:03 pm

REG

Over the past three months, five analysts have evaluated Regency Centers (NASDAQ:REG), with opinions ranging from bullish to bearish. The average 12-month price target has increased to $68.0, reflecting a 2.41% rise from the previous target. Analysts from JP Morgan, Mizuho, Truist Securities, and Scotiabank have adjusted their ratings and price targets, indicating mixed sentiments. Regency Centers, a major retail REIT, has shown strong revenue growth but faces challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 7:00 pm

XMRUSD

Monero (XMR) has seen a price increase of 5.69% in the past 24 hours, continuing a positive trend with a 4.0% gain over the past week. Despite the price rise, trading volume has decreased by 28.0% over the past week, and the circulating supply has decreased by 0.82%. Monero's current market cap is $2.90 billion, ranking it #31.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 7:00 pm

F

GM

STLA

Shares of auto stocks, including Ford (F), General Motors (GM), and Stellantis (STLA), are trading higher due to overall market strength following positive US jobs data.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:55 pm

F

Ford Motor Co (NYSE:F) shares are trading higher by 3.79% amid overall market strength following better-than-expected U.S. jobs data. The decline in jobless claims suggests a stronger labor market, reducing recession fears and boosting investor confidence. Stable or slightly higher interest rates are seen as beneficial for Ford, which requires substantial capital investment. Wall Street analysts generally view Ford as an 'Outperform,' though opinions vary.

Portfolio Pulse from Henry Khederian

August 08, 2024 | 6:48 pm

AMZN

PINS

Amazon is partnering with TikTok and Pinterest to boost its e-commerce business, which has been slow-growing compared to the rapid rise of social media shopping. This strategic move aims to leverage the popularity of these social media platforms to drive sales.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:44 pm

LCID

Lucid Group Inc (NASDAQ:LCID) shares are trading higher by 7.73% to $3.13 due to a broader tech sector rally driven by better-than-expected jobless claims data. This eased recession fears and boosted investor confidence, particularly benefiting high-growth companies like Lucid.

Portfolio Pulse from Henry Khederian

August 08, 2024 | 6:38 pm