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Revenues

NI

In the last three months, 6 analysts have published ratings on NiSource (NYSE:NI), with all ratings being somewhat bullish. The average 12-month price target has increased by 4.84% to $32.5. Analysts have raised their price targets and maintained positive ratings, indicating a favorable outlook despite recent revenue declines.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 2:00 pm

CNQ

Canadian Natural Resources (NYSE:CNQ) has outperformed the market over the past 5 years, delivering an average annual return of 22.88%. A $1000 investment in CNQ 5 years ago would be worth $2,839.31 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 2:00 pm

SPY

USA Wholesale Inventories for June increased by 0.2%, matching both the estimate and the prior month's increase.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:00 pm

ISRG

Intuitive Surgical (NASDAQ:ISRG) has significantly outperformed the market over the past 10 years, delivering an average annual return of 24.53%. A $1000 investment in ISRG 10 years ago would be worth $9,045.45 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 2:00 pm

FOUR

Shift4 Payments (NYSE:FOUR) reported a 30% year-on-year revenue increase for Q2 2024, reaching $827 million, though it missed the analyst consensus of $857.23 million. The company's adjusted EPS of 96 cents beat the consensus estimate of 86 cents. Payments-based revenue and subscription revenue saw significant growth, and the stock gained 7.62% following the earnings report.

Portfolio Pulse from Anusuya Lahiri

August 08, 2024 | 1:50 pm

PH

Parker-Hannifin Corp (NYSE:PH) reported strong Q4 2024 results with a 2% sales growth and a 3% organic growth, beating consensus estimates. The Aerospace Systems segment showed a 19.2% increase in sales. The company provided an optimistic outlook for 2025, expecting sales growth of 1.5%-4.5% and adjusted EPS of $26.30-$27.00. PH shares surged 9.44% following the announcement.

Portfolio Pulse from Akanksha Bakshi

August 08, 2024 | 1:48 pm

ERJ

Embraer (NYSE:ERJ) reported Q2 2024 adjusted EPS of $0.438, beating the $0.27 estimate. Sales were $1.49 billion, surpassing the $1.43 billion estimate and marking a 15.63% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:43 pm

QRTEB

Qurate Retail (NASDAQ:QRTEB) reported a 9.14% year-over-year decrease in Q2 sales, dropping from $2.65 billion to $2.41 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:38 pm

AAPL

AMD

AMZN

ARM

GOOG

META

MSFT

NVDA

QCOM

QQQ

SPY

TSLA

Meta Platforms Inc. (META) has successfully monetized AI, reporting strong earnings with a 22% increase in revenues and a 73% increase in earnings. In contrast, Microsoft Corp. (MSFT) and Alphabet Inc. (GOOG) are struggling to monetize AI. Nvidia Corp. (NVDA) benefits significantly from AI spending, adding over $300B in market cap in one day. Advanced Micro Devices, Inc. (AMD) is also making inroads in AI. Arm Holdings PLC (ARM) and Qualcomm Inc. (QCOM) gave tepid forecasts. Jobless claims are increasing, and the Bank of England cut its interest rate to 5%. Money flows are positive in AAPL, AMZN, META, MSFT, NVDA, SPY, and QQQ, neutral in GOOG, and negative in TSLA.

Portfolio Pulse from The Arora Report

August 08, 2024 | 1:37 pm

AAPL

AMAT

AMZN

GOOG

INTC

META

MSFT

MU

NVDA

QCOM

QQQ

SPY

TSLA

The article advises investors to raise cash and hedge positions, especially in AI and tech stocks, due to a weak jobs report and negative money flows in major tech stocks and ETFs. The jobs report indicates worsening employment conditions, contributing to market sell-offs. Earnings from Amazon and Intel were below expectations, while Apple's earnings were better but with disappointing growth in China. The article suggests a cautious approach with a protection band strategy.

Portfolio Pulse from The Arora Report

August 08, 2024 | 1:37 pm