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Revenues

TM

Toyota Motor North America reported June 2024 U.S. sales of 193,120 vehicles, a decrease of 1.2% on a volume basis. However, sales of electrified vehicles surged by 64.5% to 84,781 units.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 3:39 pm

HTZ

USO

Oil prices have reached a three-month high of $84 per barrel due to record U.S. travel demand and supply disruptions from hurricanes and geopolitical tensions. The U.S. Oil Fund (USO) and Hertz Global Holdings Inc (HTZ) are directly impacted by these developments.

Portfolio Pulse from Piero Cingari

July 02, 2024 | 3:38 pm

LHX

SPY

L3Harris Technologies announced that the U.S. Navy has approved the design plans for its next-generation F/A-18 electronic warfare system. This development is a significant milestone for the company, potentially leading to future contracts and revenue growth.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 3:34 pm

CMG

A Wells Fargo analyst conducted a study by ordering 75 Chipotle burrito bowls to highlight portion size inconsistencies. The study found significant variation in burrito weights, supporting customer complaints about 'shrinkflation.' Despite these issues, Chipotle's stock has surged over 36% in 2024, and the company continues to expand rapidly.

Portfolio Pulse from Hayden Buckfire

July 02, 2024 | 3:33 pm

ON

ON Semiconductor (NASDAQ:ON) has significantly outperformed the market over the past decade, delivering an average annual return of 22.79%. A $1000 investment in ON stock 10 years ago would be worth $7,741.62 today. The company's current market capitalization is $30.81 billion.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 3:30 pm

IRM

Iron Mountain (NYSE:IRM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 23.62%. A $1000 investment in IRM 5 years ago would be worth $2,876.54 today. The company's market capitalization is currently $26.29 billion.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 3:30 pm

TEAM

Atlassian Corp (NASDAQ:TEAM) is expected to benefit from the next wave of cloud growth driven by enterprise customers, according to Piper Sandler analyst Rob Owens. Owens upgraded Atlassian's rating from Neutral to Overweight and raised the price target from $200 to $225, citing the potential for durable growth and significant cross-sell opportunities.

Portfolio Pulse from Priya Nigam

July 02, 2024 | 3:15 pm

AZTA

Over the past three months, five analysts have evaluated Azenta (NASDAQ:AZTA) with varying opinions. The average 12-month price target is $64.2, with a high of $75.00 and a low of $53.00. Recent ratings include a mix of 'In-Line', 'Buy', and 'Hold' recommendations, reflecting diverse sentiments. Azenta's financial health shows notable revenue growth but challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 3:02 pm

AVAXUSD

Avalanche (AVAX) has seen a 4.89% price decrease in the past 24 hours, contrasting with its 11.0% uptrend over the past week. Trading volume has fallen 20.0% over the past week, with a slight decrease in circulating supply. AVAX's market cap is currently $11.13 billion, ranking it #13.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 3:01 pm

PCAR

PACCAR (NASDAQ:PCAR) has outperformed the market over the past 5 years with an average annual return of 16.44%, resulting in a $100 investment growing to $214.18. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 3:01 pm