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F

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

KMI

Kinder Morgan (NYSE: KMI) reported Q2 FY24 revenue of $3.57 billion, missing the consensus of $4.12 billion. Despite the miss, the company saw improved performance in its Natural Gas Pipelines, Products Pipelines, and Terminals segments. Adjusted EPS rose 4% Y/Y to $0.25, missing the consensus of $0.26. The project backlog increased to $5.2 billion, with 80% allocated to lower-carbon energy investments. The board approved a cash dividend of $0.2875 per share. KMI shares are up 3.19% at $21.19.

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 3:25 pm

UAL

United Airlines executives have reported a significant drop in demand for flights to China compared to 2019 levels, as discussed in a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:23 pm

UAL

United Airlines executives have indicated that they expect domestic PRASM (Passenger Revenue per Available Seat Mile) to turn positive in September, as mentioned during a conference call.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:19 pm

WABC

Westamerica Bancorporation (WABC) expects to receive $309,000 in principal payments from debt securities during the twelve months ending June 30, 2025.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:18 pm

WABC

Westamerica Bancorp (NASDAQ:WABC) reported Q2 2024 GAAP EPS of $1.33, beating the estimate of $1.30. Sales were $74.6M, surpassing the $74.04M estimate but down 7.88% from last year's $80.981M.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:17 pm

UAL

United Airlines executives have indicated that there are multiple reasons to expect further reductions in unprofitable flights, which is anticipated to boost their fiscal year earnings.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:13 pm