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Revenues

ISRG

Intuitive Surgical (NASDAQ:ISRG) has outperformed the market over the past 5 years with an average annual return of 20.86%, surpassing the market by 8.25% annually. A $1000 investment in ISRG 5 years ago would be worth $2,588.58 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 4:30 pm

TSN

WHGLY

WHGRF

WH Group plans to list its Smithfield pork subsidiary in a U.S. IPO, potentially raising $1 billion. The spinoff aims to support WH Group's overseas expansion, particularly in the U.S. and Europe. However, potential Chinese anti-dumping tariffs against European pork could impact the company's European operations.

Portfolio Pulse from The Bamboo Works

July 24, 2024 | 4:26 pm

RCI

Rogers Communication (NYSE:RCI) reported mixed Q2 results with revenues missing expectations but showing growth in adjusted EBITDA and subscriber additions. The company reaffirmed its 2024 outlook and declared a dividend.

Portfolio Pulse from Nabaparna Bhattacharya

July 24, 2024 | 4:13 pm

SCHW

Charles Schwab (NYSE:SCHW) has outperformed the market over the past 20 years with an average annual return of 10.62%, surpassing the market by 2.35% annually. A $100 investment in SCHW 20 years ago would be worth $748.75 today.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 4:00 pm

AZO

AutoZone (NYSE:AZO) has significantly outperformed the market over the past 15 years, delivering an average annual return of 21.48%. A $100 investment in AutoZone 15 years ago would be worth $1,892.01 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 4:00 pm

ODFL

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) reported a 6.1% YoY revenue increase to $1.498 billion and an EPS of $1.48, both in line with or above consensus estimates. The company saw growth in LTL revenue and shipments, despite a decrease in weight per shipment. Operating income rose by 7.7% YoY, and the company returned significant capital to shareholders. Shares climbed 2.73% following the announcement.

Portfolio Pulse from Akanksha Bakshi

July 24, 2024 | 3:59 pm

UMGNF

WMG

Universal Music Group (UMGNF) reported Q2 revenue of €2.93 billion, surpassing the estimated €2.88 billion.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 3:53 pm

SYNX

Silynxcom shares are trading higher after the company announced it received an $815K order for its tactical headset from the Israel Defense Forces.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 3:47 pm

ATMP

EINC

TRP

TC Energy Corporation (NYSE:TRP) is nearing a stake sale in its NGTL pipeline system to indigenous groups in Western Canada, supported by a C$1 billion loan guarantee from Alberta's government. This move is part of TC Energy's strategy to cut debt following cost overruns on the Coastal GasLink pipeline. The transaction is expected to be announced on July 30 and close in late August. Investors can gain exposure to TC Energy via VanEck Energy Income ETF (NYSE:EINC) and IPath Select MLP ETN (BATS:ATMP).

Portfolio Pulse from Lekha Gupta

July 24, 2024 | 3:44 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The article discusses the current state of speculative sentiment in the stock market, focusing on Tesla's recent performance and its impact on the market. Tesla's stock fell after earnings, and its electric vehicle sales dropped by 7%. The article also mentions the negative money flows in major tech stocks and ETFs, as well as the economic contraction in Germany.

Portfolio Pulse from The Arora Report

July 24, 2024 | 3:40 pm