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Revenues

BLK

IBIT

BlackRock CEO Larry Fink has acknowledged Bitcoin as a legitimate financial instrument, reversing his previous skepticism. BlackRock's iShares Bitcoin Trust (IBIT) has become the largest spot Bitcoin ETF by market cap, and the firm's USD Institutional Digital Liquidity fund has surpassed $500 million in market value. Fink's endorsement is significant given BlackRock's $10.6 trillion in assets.

Portfolio Pulse from Ivan Crnogatić

July 15, 2024 | 6:00 pm

AMZN

CMCSA

DIS

PARA

SONY

WBD

Comcast's Despicable Me franchise has hit a $5 billion milestone with the success of 'Despicable Me 4,' making it the first animated franchise to achieve this. The movie grossed $441 million globally in its first two weeks. Comcast's Illumination studio has grossed over $10 billion globally. Other top-grossing franchises include Marvel, Star Wars, and Harry Potter.

Portfolio Pulse from Chris Katje

July 15, 2024 | 5:34 pm

ROAD

Construction Partners (NASDAQ:ROAD) has significantly outperformed the market over the past 5 years, delivering an average annual return of 33.52%. A $1000 investment in ROAD 5 years ago would be worth $4,252.92 today. The company's current market capitalization is $3.03 billion.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 5:31 pm

HOLX

Hologic (NASDAQ:HOLX) has outperformed the market over the past 20 years with an average annual return of 14.81%, resulting in a $100 investment growing to $1,541.14. The company currently has a market capitalization of $18.13 billion.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 5:31 pm

GOEV

LCID

PSNY

VFS

WKHS

Automotive stocks, including Canoo Inc (NASDAQ:GOEV), Lucid Group, Inc (NASDAQ:LCID), Polestar Automotive Holding UK (NASDAQ:PSNY), VinFast Auto (NASDAQ:VFS), and Workhorse Group, Inc (NASDAQ:WKHS), are trading lower due to China's slower-than-expected second-quarter economic growth. The Chinese economy grew by 4.7%, missing the 5.1% forecast, leading to cautious consumer spending and price cuts in various sectors.

Portfolio Pulse from Anusuya Lahiri

July 15, 2024 | 5:16 pm

OUT

Analysts' ratings for Outfront Media (NYSE:OUT) over the last quarter vary from bullish to bearish, with 4 analysts providing somewhat bullish ratings. The 12-month price target remains consistent at $17.00. Outfront Media has shown positive revenue growth but faces challenges in ROE and ROA.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 5:01 pm

CHE

Chemed (NYSE:CHE) has significantly outperformed the market over the past 15 years, delivering an average annual return of 18.98%. A $1000 investment in CHE 15 years ago would be worth $13,515.05 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 5:00 pm

Electronic Arts (NASDAQ:EA) has outperformed the market over the past 10 years with an average annual return of 14.18%, resulting in a $1000 investment growing to $3,765.49. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 5:00 pm

GMAB

In the last three months, 8 analysts have evaluated Genmab (NASDAQ:GMAB), with all ratings being bullish. Analysts have set 12-month price targets for Genmab, with an average target of $50.0, a high of $53.00, and a low of $47.00. Recent evaluations show a slight upward trend in price targets. Genmab's financials reveal strong revenue growth, net margin, ROE, ROA, and low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 5:00 pm

OCFT

OneConnect Financial Technology (NYSE:OCFT) will shut down its cloud services division, which accounted for nearly half of its revenue, due to losing most of its customers, primarily related companies like Ping An Group and Lufax (NYSE:LU). This move aims to reduce its reliance on related companies and create a more stable business model.

Portfolio Pulse from The Bamboo Works

July 15, 2024 | 4:45 pm