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DIS

WBD

A Benzinga poll reveals that 64% of respondents plan to watch the first 2024 presidential debate between President Joe Biden and former President Donald Trump, which will be aired by CNN, a unit of Warner Bros. Discovery (NASDAQ:WBD). The debate will also be broadcast by other networks including ABC, a unit of The Walt Disney Company (NYSE:DIS).

Portfolio Pulse from Chris Katje

June 25, 2024 | 7:05 pm

MATICUSD

Polygon (MATIC) has seen a price increase of 3.97% in the past 24 hours, reaching $0.58. Over the past week, the price has risen by over 6.0%. However, trading volume has decreased by 48.0%, and the circulating supply has slightly fallen. MATIC's market cap is currently $5.33 billion, ranking it #24.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 7:02 pm

WWW

In the past three months, 8 analysts have provided ratings for Wolverine World Wide (NYSE:WWW), with a mix of bullish and indifferent sentiments. Recent analyst actions have generally been positive, with several raising their price targets. The average 12-month price target has increased by 23.2% to $13.38. Despite this, Wolverine World Wide faces financial challenges, including a significant revenue decline, negative net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 7:01 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has outperformed the market over the past 15 years with an average annual return of 13.66%, resulting in a $1000 investment growing to $6,831.82. The company currently has a market capitalization of $8.86 billion.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 7:01 pm

TECK

Teck Resources (NYSE:TECK) has outperformed the market over the past 5 years with an average annual return of 15.72%, resulting in a $1000 investment growing to $2,071.12. The company currently has a market capitalization of $24.91 billion.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 7:01 pm

AMAT

CVS

INTU

META

QCOM

VZ

Donald Trump's proposal to replace income taxes with tariffs on foreign goods has caused stocks dependent on Chinese suppliers to underperform. Companies like CVS Health, Verizon, and Intuit, which rely on U.S. suppliers, have outperformed those like Meta Platforms, Qualcomm, and Applied Materials, which rely on Chinese suppliers.

Portfolio Pulse from Hayden Buckfire

June 25, 2024 | 7:00 pm

AVAXUSD

Avalanche's (CRYPTO: AVAX) price increased by 5.68% in the past 24 hours to $25.6, despite a 2.0% loss over the past week. The trading volume has decreased by 32.0%, and the circulating supply has fallen by 0.23%. The current market cap ranking for AVAX is #14 at $10.07 billion.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 7:00 pm

NYT

SPOT

The New York Times plans to move its podcasts, including popular shows like 'Serial' and 'The Daily,' behind a paywall, limiting access to subscribers. This move is aimed at boosting subscription revenue.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 6:53 pm

HD

POOL

Home Depot shares are trading lower following Pool Corporation's announcement of revised 2024 earnings guidance, which highlights a significant slowdown in discretionary pool spending. Pool Corporation expects a 15% to 20% decline in new pool construction and remodeling activities in 2024 due to a challenging macroeconomic environment. This has led to a downward revision in Pool Corporation's earnings per share guidance. The news has negatively impacted Home Depot, a major supplier of home improvement and building materials.

Portfolio Pulse from Vaishali Prayag

June 25, 2024 | 6:40 pm

MU

Rosenblatt analyst Hans Mosesmann maintained a Buy rating on Micron Technology Inc (NASDAQ:MU) with a $225 price target. Mosesmann expects Micron to benefit from a significant memory cycle driven by AI demand and HBM industry ramp-up. Despite challenges in HBM supply, the analyst forecasts strong revenue growth for Micron.

Portfolio Pulse from Anusuya Lahiri

June 25, 2024 | 6:34 pm