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SPY

The USA new home sales for September reached 738,000, surpassing the estimated 719,000 and the previous month's 709,000. This indicates a stronger housing market than anticipated.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:04 pm

SPY

The USA New Home Sales for September increased by 4.1%, a significant improvement from the revised -2.3% in the previous month. This positive change indicates a potential boost in the housing market.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:04 pm

EGHT

Analysts have provided mixed ratings on 8x8 (NASDAQ:EGHT) over the past three months, with a majority being bullish. The average 12-month price target has decreased to $3.4 from a previous $4.30. Recent analyst actions include lowered price targets by B. Riley Securities, Barclays, and Needham, while Rosenblatt maintained its target. 8x8 faces challenges with declining revenue and high debt, but shows strong net margin and ROA.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 2:01 pm

STE

Analysts have shown a somewhat bullish sentiment towards Steris (NYSE:STE) with recent price target increases. The company's financial performance shows strong revenue growth and net margins, but challenges in ROE. Analysts' ratings and price targets provide insights into Steris's market position.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 2:00 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has significantly outperformed the market over the past decade, with an annualized return of 23.1%. A $1000 investment in TMUS 10 years ago would now be worth $7,921.32. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 2:00 pm

ISRG

Intuitive Surgical (NASDAQ:ISRG) has significantly outperformed the market over the past 20 years, with an average annual return of 28.68%. A $100 investment in ISRG 20 years ago would be worth $15,521.76 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 2:00 pm

FREY

FREYR Battery's stock is rising following the announcement of a €122 million grant from the EU Innovation Fund for a joint venture in Finland.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:51 pm

AAL

American Airlines reported better-than-expected Q3 earnings with revenue growth and a hike in its 2024 EPS outlook. The company reduced its debt and improved liquidity, while also providing guidance for Q4 and 2024.

Portfolio Pulse from Akanksha Bakshi

October 24, 2024 | 1:47 pm

SPY

The S&P Global Composite PMI for October increased to 54.3 from 54.0 in the previous month, indicating a slight improvement in economic activity.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:47 pm

SPY

The S&P Global US Manufacturing PMI for October was reported at 47.8, slightly above the estimated 47.5 and the prior month's 47.3. This indicates a slight improvement in the manufacturing sector, though it remains in contraction territory.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:47 pm