Streetbeat News

Revenues

FI

Fiserv (NYSE:FI) has significantly outperformed the market over the past 15 years, delivering an average annual return of 18.96%. A $1000 investment in Fiserv 15 years ago would be worth $13,547.04 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 9:30 pm

WSO

Watsco (NYSE:WSO) has outperformed the market over the past 15 years with an average annual return of 16.91%, significantly higher than the market average. A $100 investment in WSO 15 years ago would be worth $1,033.22 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 9:30 pm

HOOD

Cryptocurrency markets are trading lower despite positive indicators such as increased Bitcoin ETF flows, exchange netflows, and whale transactions. Bitcoin, Ethereum, and Dogecoin have all seen declines, while Solana has gained. Notable developments include Standard Chartered's prediction of Bitcoin reaching $100K by the US election and Robinhood's potential expansion into cryptocurrency futures markets.

Portfolio Pulse from Khyathi Dalal

July 02, 2024 | 9:26 pm

NEE

NextEra Energy (NYSE:NEE) has outperformed the market over the past 20 years with an average annual return of 11.61%, surpassing the market by 3.33% annually. A $1000 investment in NEE 20 years ago would be worth $8,977.07 today.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 9:00 pm

ASML

ASML Holding (NASDAQ:ASML) has significantly outperformed the market over the past 15 years, delivering an average annual return of 27.45%. A $1000 investment in ASML 15 years ago would be worth $37,529.08 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 9:00 pm

AAPL

MSFT

NVDA

TSLA

Tesla shares surged after beating Q2 delivery estimates, causing short sellers to incur significant losses. Short interest in Tesla remains high, but recent gains have led to short covering. Tesla is the fourth most shorted stock in the U.S., behind NVIDIA, Apple, and Microsoft.

Portfolio Pulse from Chris Katje

July 02, 2024 | 8:51 pm

CARM

NVS

Carisma Therapeutics has terminated its Manufacturing and Supply Agreement with Novartis Pharmaceuticals for its product candidate CT-0508, effective July 31, 2024. The company will focus on its follow-on product candidate CT-0525 and will incur a $4 million termination fee.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:47 pm

AMD

TSLA

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rose over 4% on Tuesday, driven by investor confidence in future rate cuts and the company's advancements in AI technology. The Nasdaq 100 Index also hit a new daily closing high, supported by gains from AMD and Tesla, Inc. (NASDAQ: TSLA).

Portfolio Pulse from Erica Kollmann

July 02, 2024 | 8:45 pm

CRM

CVNA

TSLA

Tesla shares have surged after breaking through a key resistance level, with short-term technical indicators suggesting further gains. Despite a false rumor about record sales in China, Tesla's overall deliveries exceeded expectations. Additionally, trades on Tesla, Carvana, and Salesforce are on track for significant gains.

Portfolio Pulse from David Pinsen

July 02, 2024 | 8:42 pm

STLA

FCA US LLC reported a 21% year-over-year decline in total US sales for Q2 2024, with Stellantis showing a 4% quarter-over-quarter growth. Jeep Wagoneer and Grand Wagoneer sales increased significantly, while other Jeep, Ram, Dodge, and Chrysler brands also saw growth in Q2 over Q1 2024.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 8:41 pm