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Revenues

CIFR

Cipher Mining Inc. (NASDAQ:CIFR) shares surged 27.8% on Monday as Bitcoin's price climbed above $63,000. The rally was fueled by Germany's liquidation of Bitcoin holdings and a failed assassination attempt on former President Donald Trump, which investors interpreted as positive for cryptocurrencies. Cipher Mining's operational update revealed it mined 176 Bitcoin, sold 103, and held 2,209 Bitcoin in June 2024.

Portfolio Pulse from Erica Kollmann

July 15, 2024 | 9:17 pm

KLAC

The latest analyst ratings for KLA (NASDAQ:KLAC) show a mix of bullish and bearish perspectives. Over the past 30 days, the average price target has increased by 12.64% to $786.64. Key analysts from firms like Citigroup, Wells Fargo, and Raymond James have raised their price targets, reflecting positive sentiment. Despite a recent revenue decline, KLA maintains strong financial health with high net margins, ROE, and ROA, though it carries substantial debt.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 9:01 pm

SNX

TD Synnex (NYSE:SNX) has outperformed the market over the past 20 years with an average annual return of 14.54%, surpassing the market by 6.04% annually. A $100 investment in SNX 20 years ago would be worth $1,471.72 today.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 9:00 pm

HTHT

H World Group (NASDAQ:HTHT) has outperformed the market over the past 10 years with an average annual return of 17.61%, resulting in a significant growth in investment value. A $1000 investment in HTHT 10 years ago would be worth $5,188.09 today.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 9:00 pm

STEP

Analysts have provided mixed ratings for StepStone Group (NASDAQ:STEP) over the past three months, with a recent trend towards more bullish perspectives. The average 12-month price target has increased to $45.2, reflecting a 12.86% rise from the previous target. Analysts from firms like Evercore ISI, Barclays, Goldman Sachs, and UBS have raised their price targets, indicating positive sentiment. Despite strong revenue growth and a high return on equity, the company faces challenges with net margin and return on assets.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 9:00 pm

BLK

IBIT

BlackRock CEO Larry Fink, previously a skeptic of Bitcoin, now considers it a legitimate financial tool and a 'digital gold.' He believes Bitcoin offers uncorrelated returns and should be considered by investors, especially during times of political uncertainty and rising government debt. The iShares Bitcoin Trust (IBIT) has become the largest spot Bitcoin ETF, attracting over $18 billion since January. BlackRock is also considering launching an Ethereum ETF.

Portfolio Pulse from Adam Eckert

July 15, 2024 | 8:58 pm

CCEL

Cryo-Cell International reported Q2 2024 sales of $8.000 million, slightly above the estimated $7.954 million.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 8:47 pm

CCSO

CUT

FPX

LBAY

SMN

Shipping costs for a 40-foot container from Shanghai to New York have surged to nearly $10,000 due to ships avoiding the Suez Canal amid Houthi rebel threats. The Drewry World Container Index spot rate hit $9,387, more than double the February rate. Concerns over potential tariffs if Trump wins the 2024 election are also causing importers to rush shipments. ETFs tracking shipping container stocks saw mixed performance.

Portfolio Pulse from Michael Juliano

July 15, 2024 | 8:46 pm

NVMI

Nova (NASDAQ:NVMI) has significantly outperformed the market over the past 15 years, with an annualized return of 44.21%. A $100 investment in NVMI 15 years ago would be worth $23,325.24 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 8:30 pm

TPL

Texas Pacific Land (NYSE:TPL) has significantly outperformed the market over the past 5 years, delivering an average annual return of 35.17%. A $1000 investment in TPL 5 years ago would now be worth $4,512.45. The article highlights the impact of compounded returns on cash growth.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 8:30 pm