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PLUS

ePlus' subsidiary IGXGlobal is expanding its Storage-as-a-Service (STaaS) offering, powered by Pure Storage Evergreen//One, to the UK and Europe. This follows its success in the U.S. and aims to provide European organizations with flexible storage solutions and enhanced technical support.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:32 pm

SPY

The USA trade balance for May was reported at -$75.10 billion, an improvement from the previous month's -$76.30 billion and slightly worse than the expected -$74.60 billion.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:30 pm

STZ

Constellation Brands Inc. (NYSE:STZ) shares are rising after the company posted better-than-expected first-quarter FY25 adjusted EPS. The company reported a 6% year-on-year sales growth to $2.66 billion, with the Beer segment showing an 8% increase. Gross profit increased by 12%, and operating income jumped 23%. The company reaffirmed its FY25 guidance and declared a quarterly cash dividend of $1.01 per share.

Portfolio Pulse from Shivani Kumaresan

July 03, 2024 | 12:29 pm

ADP

QQQ

UUP

The ADP National Employment Report revealed that U.S. private employers added 150,000 jobs in June, falling short of expectations and marking the third consecutive month of reduced job growth. The report indicates a cooling labor market, with notable job gains in leisure and hospitality but contractions in natural resources, mining, and manufacturing. The U.S. Dollar Index remained steady, and U.S. equity futures were flat following the report.

Portfolio Pulse from Piero Cingari

July 03, 2024 | 12:27 pm

SPY

The ADP Nonfarm Employment Change for June reported an increase of 150,000 jobs, falling short of the estimated 163,000. This data could influence market sentiment and impact broad market indices.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:15 pm

MARA

Marathon Digital Holdings (MARA) announced its Bitcoin production and mining updates for June 2024. The company reported a 2% month-over-month increase in its average operational hash rate to 26.3 EH/s and a 102% year-over-year increase. MARA also increased its Bitcoin holdings to 18,536 BTC, with total cash and BTC valued at $1.4 billion as of June 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:09 pm

RAY

Raytech Holding reported a significant increase in revenue for fiscal year 2024, with total sales amounting to approximately HKD67 million, a 47.1% year-over-year growth. The company also expects to report a net income of HKD9.9 million, a 57.9% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:07 pm

ENPH

Enphase Energy has begun shipping its IQ Battery 5P in France, marking an expansion of its product offerings in the European market.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:06 pm

YOU

CLEAR Secure has opened six new enrollment locations, providing more convenient options for consumers to enroll or renew in TSA PreCheck.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:04 pm

LULU

Analysts have provided mixed ratings for Lululemon Athletica (NASDAQ:LULU) over the past three months, with a recent trend towards lowering price targets. The average 12-month price target has decreased by 11.34% to $427.34. Despite this, Lululemon shows strong financial health with impressive revenue growth, net margin, ROE, and ROA, and a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 12:02 pm