Streetbeat News

Revenues

GOOG

GOOGL

Alphabet reported Q2 2024 Google Advertising Revenue of $64.616 billion.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:05 pm

TXN

Texas Instruments (TXN) has projected its Q3 2024 revenue to be between $3.94 billion and $4.26 billion, surpassing the estimated $3.82 billion.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:03 pm

GOOGL

Alphabet (NASDAQ:GOOGL) reported Q2 2024 earnings per share (EPS) of $1.89, surpassing the analyst estimate of $1.85. The company also reported sales of $84.742 billion, exceeding the estimate of $84.202 billion. This represents a 13.59% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:03 pm

HLI

Four analysts have provided mixed ratings for Houlihan Lokey (NYSE:HLI) in the latest quarter, with two bullish and two indifferent ratings. The average 12-month price target has increased to $147.25, reflecting a 4.25% rise from the previous target. Analysts from Morgan Stanley, Keefe, Bruyette & Woods, and UBS have adjusted their ratings and price targets, indicating varied expectations for the company's future performance. Houlihan Lokey has shown positive revenue growth and strong financial metrics, including a high net margin, ROE, and ROA, along with a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 8:01 pm

SYK

Stryker (NYSE:SYK) has outperformed the market over the past 10 years with an average annual return of 15.6%, resulting in a $1000 investment growing to $4,267.32. The company currently has a market capitalization of $130.48 billion.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 8:00 pm

RJF

Raymond James Financial (NYSE:RJF) has outperformed the market over the past 20 years with an average annual return of 12.6%, resulting in a $1000 investment growing to $10,750.64. The company currently has a market capitalization of $22.58 billion.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 8:00 pm

AMAT

Applied Materials (NASDAQ:AMAT) has significantly outperformed the market over the past 15 years, delivering an average annual return of 20.43%. A $100 investment in AMAT 15 years ago would be worth $1,653.29 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 7:30 pm

CCI

Crown Castle (NYSE:CCI) has outperformed the market over the past 20 years with an average annual return of 10.53%, surpassing the market by 2.14% annually. A $1000 investment in CCI 20 years ago would be worth $7,354.99 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 7:30 pm

ENPH

Enphase Energy Inc (NASDAQ:ENPH) shares are trading higher as investors anticipate the company's second-quarter earnings report. Key factors include U.S. and European revenue performance, gross margin maintenance, and updated guidance for the year. Enphase has shown strong revenue growth but faces valuation concerns.

Portfolio Pulse from Henry Khederian

July 23, 2024 | 7:24 pm

AMZN

Amazon shares are trading higher following reports of significant changes in its Echo devices business strategy and broader company initiatives. The company plans to introduce a paid tier for Alexa and integrate conversational generative AI into the device. Analysts remain optimistic about Amazon's future, maintaining high price targets.

Portfolio Pulse from Vaishali Prayag

July 23, 2024 | 7:18 pm