Streetbeat News

Revenues

AAPL

GOOGL

MSFT

NVDA

Nvidia, Apple, and Microsoft are racing towards a $4 trillion market cap, driven by the AI revolution. Wedbush analyst Daniel Ives predicts a 15% surge in tech stocks in the second half of 2024, with Nvidia and Microsoft leading in enterprise AI and Apple in consumer AI.

Portfolio Pulse from Surbhi Jain

July 01, 2024 | 4:33 pm

TJX

TJX Companies (NYSE:TJX) has outperformed the market over the past 5 years with an average annual return of 15.08%, resulting in a $100 investment growing to $201.80. The company's current market capitalization is $124.14 billion.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:30 pm

MUSA

Murphy USA (NYSE:MUSA) has significantly outperformed the market over the past 5 years, delivering an average annual return of 40.3%. A $1000 investment in MUSA 5 years ago would be worth $5,436.76 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:30 pm

CLSK

MARA

RIOT

Bitcoin mining stocks, including Marathon Digital Holdings (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT), and CleanSpark Inc (NASDAQ: CLSK), are trading higher as Bitcoin bounces back from recent lows. Bitcoin is up more than 2% over the last 24 hours, driven by significant inflows into spot ETFs. Seasonal trends are also historically favorable for Bitcoin in July.

Portfolio Pulse from Adam Eckert

July 01, 2024 | 4:28 pm

DTSS

Datasea Inc (NASDAQ:DTSS) shares surged 37% to $6.17 after announcing three sales agreements with its Chinese subsidiaries, totaling approximately $61.7 million. The contracts involve 5G AI multimodal communication services and high-tech acoustic products, expected to boost customer orders and market traction.

Portfolio Pulse from Henry Khederian

July 01, 2024 | 4:27 pm

IBKR

Interactive Brokers Group (NASDAQ: IBKR) reported strong brokerage metrics for June 2024, with significant year-over-year and month-over-month growth in key performance indicators such as Daily Average Revenue Trades (DARTs), client equity, and client margin loan balances.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:23 pm

DTSS

Datasea shares are trading higher following the announcement of three new sales agreements involving its subsidiaries in China.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:23 pm

CCL

CUK

NCLH

RCL

Shares of cruise stocks are trading lower after Hurricane Beryl made landfall.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:19 pm

NVO

Analysts have mixed ratings for Novo Nordisk (NYSE:NVO) with a range of bullish to bearish sentiments. The average 12-month price target is $160.75, reflecting a 3.93% increase from the previous target. Novo Nordisk shows strong financial performance with high revenue growth, net margin, ROE, and ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:01 pm

PSX

In the last three months, 13 analysts have published ratings on Phillips 66 (NYSE:PSX), with a range of perspectives from bullish to bearish. The average 12-month price target is $161.77, a slight decrease from the previous $162.85. Analysts have recently adjusted their ratings and price targets, reflecting their response to market conditions and company performance. Phillips 66 has shown strong financial metrics, including a net margin of 2.08% and a return on equity of 2.47%.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:00 pm