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Revenues

FCFS

FirstCash Holdings (NASDAQ:FCFS) has outperformed the market over the past 20 years with an average annual return of 12.86%, resulting in a significant growth in investment value. A $100 investment in FCFS 20 years ago would be worth $1,126.10 today.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 8:00 pm

HWM

Howmet Aerospace (NYSE:HWM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 33.9%. A $100 investment in HWM 5 years ago would now be worth $430.24. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 8:00 pm

NOW

SNOW

Snowflake Inc. (NYSE:SNOW) shares are trading higher, likely benefiting from strong quarterly results from ServiceNow Inc. (NYSE:NOW). ServiceNow reported second-quarter revenue of $2.627 billion, surpassing estimates, which has driven positive sentiment in the market. Snowflake shares were up by 4.20% at $130.90.

Portfolio Pulse from Vaishali Prayag

July 25, 2024 | 7:45 pm

UBS

UBS Group (NYSE:UBS) has significantly outperformed the market over the past 5 years, delivering an average annual return of 21.86%. A $1000 investment in UBS 5 years ago would be worth $2,661.53 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 7:30 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has significantly outperformed the market over the past decade, delivering an average annual return of 18.95%. A $1000 investment in TMUS 10 years ago would now be worth $5,636.32. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 7:30 pm

BTCUSD

A prominent trader suggests that the U.S. could address its $35 trillion national debt by investing in Bitcoin, given its impressive Compound Annual Growth Rate (CAGR). The trader hypothesizes that a $1 trillion investment in Bitcoin could potentially cover the national debt within a few years. This idea comes amid growing concerns about the sustainability of the U.S. debt and the current approach to managing it.

Portfolio Pulse from Khyathi Dalal

July 25, 2024 | 7:23 pm

GM

General Motors' venture capital arm, GM Ventures, co-led a $39 million Series B funding round for Israeli battery technology company Addionics. The investment will enhance Addionics' manufacturing capabilities and global business engagements, including the construction of a U.S.-based giga-factory. Addionics' 3D Current Collectors offer benefits such as better heat dissipation, faster charging, increased power, and improved stability, potentially saving automakers up to $7.50 per kilowatt hour. GM shares are trading lower by 4.99% at $44.17.

Portfolio Pulse from Shivani Kumaresan

July 25, 2024 | 7:15 pm

LI

NIO

XPEV

China is expanding its stimulus program by approximately 300 billion yuan ($41.5 billion) to subsidize purchases of passenger vehicles and consumer electronics. This move has positively impacted Chinese electric vehicle stocks, including NIO Inc. (NYSE:NIO), XPeng Inc. (NYSE:XPEV), and Li Auto Inc. (NASDAQ:LI). The subsidies for trading in passenger cars for new energy vehicles will double, and trade-ins for gasoline vehicles will also increase. The People’s Bank of China executed an unscheduled lending operation at much lower rates, signaling a potential boost in monetary stimulus.

Portfolio Pulse from Anusuya Lahiri

July 25, 2024 | 7:09 pm

RTX

The U.S. State Department has approved a $115 million sale of small diameter bombs to Belgium, according to Reuters citing the Pentagon.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 7:06 pm

VIOT

Viomi Technology has announced a business restructuring agreement to divest its IoT@Home business for RMB65 million. The company will now focus on its core home water solution business and aims to enhance operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 7:02 pm