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AMGN

Amgen (NASDAQ:AMGN) has outperformed the market over the past 20 years with an average annual return of 9.55%. A $100 investment in AMGN 20 years ago would be worth $605.59 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 5:03 pm

PSX

Phillips 66 plans to perform discretionary maintenance on its refineries in Q3. The company reported that crude utilization reached 98% in Q2, the highest in over 5 years.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 5:02 pm

AMG

Eight financial analysts have recently provided ratings on Affiliated Managers Group (NYSE: AMG), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $202.25, up 2.73% from the previous target. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. AMG's financial performance shows a decline in revenue growth and net margin, but strong ROE and ROA, and a conservative debt management approach.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 5:01 pm

EADSY

Airbus CEO stated that more analysis and work are required in the review of space systems contracts. The latest space charges reflect a bottom-up analysis of risks for all except one major space systems contract.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:51 pm

PSX

Phillips 66 announced that its refinery utilization is likely to be reduced in Q3 due to softening coastal markets.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:46 pm

VRNOF

More than a year after Maryland legalized recreational cannabis, the state's illicit market remains active despite the commercial success of licensed dispensaries. Maryland's low tax rate and strategic timing have helped legal sales soar, but competition from unlicensed hemp retailers and persistent illegal sales pose challenges.

Portfolio Pulse from Juan Spínelli

July 30, 2024 | 4:45 pm

IT

Gartner Inc (NYSE:IT) shares surged after reporting better-than-expected Q2 FY24 results, including a 6.1% sales growth, increased operating income, and higher adjusted EPS. The company also raised its share repurchase authorization and FY24 adjusted EPS outlook.

Portfolio Pulse from Shivani Kumaresan

July 30, 2024 | 4:40 pm

PSX

Phillips 66 expects its refineries' crude oil utilization to be in the low 90% range in Q3, indicating strong operational performance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:39 pm

CECO

CECO Environmental shares are trading lower after the company reported worse-than-expected Q2 revenue results but raised its FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:37 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

The article discusses the upcoming earnings report from Microsoft (MSFT) and its potential impact on AI stocks, the start of the FOMC meeting, and the importance of the Bank of Japan's decision. It also highlights early trade money flows in major tech stocks and ETFs, and provides investment advice on protection bands and bond allocations.

Portfolio Pulse from The Arora Report

July 30, 2024 | 4:32 pm