Streetbeat News

Revenues

LLY

Eli Lilly and Co (NYSE:LLY) has significantly outperformed the market over the past 15 years, with an average annual return of 23.33%. A $1000 investment in LLY 15 years ago would be worth $23,116.69 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 2:30 pm

TJX

TJX Companies (NYSE:TJX) has significantly outperformed the market over the past 20 years, delivering an average annual return of 15.92%. A $100 investment in TJX 20 years ago would be worth $1,912.35 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 2:30 pm

HMC

TSLA

Honda Motor Co. (NYSE:HMC) will reduce its gasoline vehicle production in China by 19% starting in October, as part of a strategic shift towards electric vehicles. This includes ceasing operations at two major facilities. The move comes amid stiff competition from companies like BYD and Tesla. Honda's shares closed 3.17% lower following the announcement.

Portfolio Pulse from Shivani Kumaresan

July 25, 2024 | 2:28 pm

ETHE

GBTC

Ethereum's price has dropped by 9% despite the launch of Ethereum ETFs, sparking debate among traders. Crypto analyst Michaël van de Poppe attributes the stagnant price to substantial outflows from the Grayscale Ethereum Trust (ETHE). He predicts a significant rally in Ethereum's price, suggesting the ecosystem is undervalued. Data shows increased large transaction volume and active addresses, but decreased exchange netflows.

Portfolio Pulse from Khyathi Dalal

July 25, 2024 | 2:16 pm

AAL

American Airlines Group Inc. (NASDAQ:AAL) reported mixed Q2 2024 earnings, with revenue growth of 2% YoY to $14.334 billion, missing the consensus. Adjusted EPS was $1.09, above the consensus but down from last year. The company lowered its 2024 EPS outlook and expects breakeven adjusted EPS for Q3. AAL shares are up 2.41% to $10.42.

Portfolio Pulse from Akanksha Bakshi

July 25, 2024 | 2:13 pm

IMAX

Imax Corp (NYSE:IMAX) reported strong Q2 financial results, significantly beating analyst estimates for both EPS and sales. The company saw a 12% increase in Content Solutions revenues and a 20% increase in system installations. Imax raised its system installation guidance for 2024, leading to a 9.62% rise in its stock price.

Portfolio Pulse from Anusuya Lahiri

July 25, 2024 | 2:11 pm

JBHT

J.B. Hunt Transport Services (NASDAQ:JBHT) reported its Q2 2024 earnings, highlighting mixed performance across its segments. Intermodal volumes were down 1% YoY, Dedicated Contract Services sold 325 new trucks, and Final Mile Services saw a net benefit from claims settlements. Integrated Capacity Solutions faced a 21% revenue decline, while Truckload revenue dropped 12%. The company remains optimistic about long-term growth despite current challenges.

Portfolio Pulse from Tornado

July 25, 2024 | 2:11 pm

BOSC

ISRA

BOS Better Online Solutions' Intelligent Robotics Division has successfully installed robotic palletizing cells for industrial and retail customers in Israel.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:06 pm

RBC

RBC Bearings (NYSE:RBC) has significantly outperformed the market over the past 15 years, delivering an average annual return of 18.04%. A $100 investment in RBC 15 years ago would be worth $1,195.56 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 2:01 pm

CB

Chubb (NYSE:CB) has significantly outperformed the market over the past 20 years, delivering an average annual return of 10.82%. A $1000 investment in Chubb 20 years ago would be worth $7,695.24 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 2:00 pm