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Revenues

ALK

Alaska Air Group (ALK) announced that it is planning for nearly flat capacity in August and September compared to the same period last year, as stated in a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:50 pm

EWW

SPY

Fitch has affirmed Mexico's Long-Term Foreign-Currency IDR at 'BBB-' with a stable outlook. The agency notes that proposed judicial reforms could negatively impact the country's institutional profile. There is uncertainty over the incoming administration's efforts to narrow the deficit, but debt/GDP remains stable. Economic activity is expected to pick up for the rest of the year after a weak Q1, with a slight slowdown anticipated next year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:48 pm

ALK

Alaska Air CEO expects the DOJ to complete its review of the Hawaiian Airlines acquisition deal by August 5. The company also adjusted its full-year capacity growth expectation to be less than 2.5%.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:46 pm

FCX

HBM

SCCO

TECK

Shares of copper companies are trading lower due to uncertainty over China's supply and demand and a drop in the price of copper.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:43 pm

UBSFY

Ubisoft reported Q1 net bookings of €290M, missing the €300M consensus, but Q1 IFRS 15 sales were up 12% YoY to €323.5M. The company expects Q2 net bookings around €500M and confirmed its 2024/2025 outlook. Ubisoft will release 'Star Wars Outlaws' on August 30, 2024, and 'Assassin's Creed Shadows' on November 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:42 pm

BYDDY

VFS

BYD Co., Ltd. (OTC:BYDDY) plans to expand its dealership network in Vietnam from 13 to 100 locations by 2026, intensifying competition with local rival VinFast Auto Ltd. (NASDAQ:VFS). BYD will initially offer three models, including the Atto 3, and plans to expand to six models by October. All models will be imported for now, as plans for a local factory have stalled.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2024 | 3:41 pm

FTXR

RDIV

Ford Motor Company (NYSE:F) is investing $3 billion to expand production of its F-Series Super Duty trucks, including $2.3 billion for the Oakville Assembly Complex in Ontario, Canada. This expansion aims to meet surging demand and support Ford's growth strategy. The investment will add capacity for 100,000 trucks and create approximately 2,020 jobs across North America. Ford shares are trading higher following the announcement.

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 3:39 pm

AMD

AMZN

GOOG

MSFT

NVDA

ORCL

TSM

Chip stocks, including Nvidia (NVDA) and AMD (AMD), saw a brief recovery in Thursday's premarket session after a significant selloff on Wednesday. The sector was impacted by the Biden administration's semiconductor policies against China and Donald Trump's remarks against TSM. However, TSM's strong quarterly results provided a boost. Nvidia is highlighted as a key AI beneficiary with significant market share and pricing power.

Portfolio Pulse from Anusuya Lahiri

July 18, 2024 | 3:33 pm

ENPH

Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market over the past 10 years, with an annualized return of 25.49%. A $1000 investment in ENPH 10 years ago would be worth $9,477.14 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 3:30 pm

ROST

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 10 years, delivering an average annual return of 16.56%. A $100 investment in ROST 10 years ago would be worth $465.81 today. The article highlights the impact of compounded returns on long-term investments.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 3:30 pm