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AMD

INTC

NVDA

QCOM

TSM

The article provides an in-depth analysis of Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) compared to its competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics indicate TSM's strong financial performance, potential undervaluation based on PE and PB ratios, and robust profitability and revenue growth.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 3:00 pm

LLY

Eli Lilly and Co (NYSE:LLY) is evaluated against its peers in the Pharmaceuticals industry. The company shows high PE, PB, and PS ratios, indicating potential overvaluation. However, it has strong ROE and revenue growth, suggesting profitability and future prospects. Concerns arise from lower EBITDA and gross profit, and a high debt-to-equity ratio indicates financial risk.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 3:00 pm

SOLUSD

Solana (SOL) has experienced a 4.03% price drop in the past 24 hours, contrasting with its 8.0% gain over the past week. Trading volume has increased by 16.0%, and the circulating supply has risen by 0.2%, bringing the market cap to $65.60 billion.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 3:00 pm

COSM

Cosmos Health (NASDAQ:COSM) shares surged 65% after the company signed an exclusive distribution agreement with Pharmalink for its Sky Premium Life products in the UAE. The agreement includes an initial order of 130,000 units and an expected total of 500,000 units in the first year, with projections of over 3 million units in the next five years.

Portfolio Pulse from Dylan Berman

June 28, 2024 | 2:41 pm

FL

NKE

SKX

The market reacted to the Biden-Trump debate, with a 2.6% rise in May PCE matching expectations. Nike's stock fell due to a poor outlook, causing Footlocker and Sketchers to also decline in sympathy.

Portfolio Pulse from Bill Haddad

June 28, 2024 | 2:36 pm

HOFV

Hall Of Fame Resort & Entertainment Company has announced a $9.8 million grant from the State of Ohio for the development of the Hall Of Fame Village.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 2:34 pm

AMD

ARM

AVGO

INTC

MRVL

MU

NVDA

WDC

A JPMorgan survey indicates a significant increase in AI infrastructure investment, forecasting robust growth for semiconductor companies like Nvidia, AMD, Broadcom, Marvell, and Arm. Over 75% of CIOs plan to allocate more than 5% of their IT budgets to AI hardware within three years, driving a 45% CAGR in AI spending. Cloud spending is also set to rise, benefiting companies like Intel, Micron, and Western Digital.

Portfolio Pulse from Surbhi Jain

June 28, 2024 | 2:28 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for June 28th, 2024, provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo highlights potential bullish and bearish targets for each asset, emphasizing the importance of monitoring these levels for potential breakouts or reversals. Additionally, the memo notes the release of significant economic data and the end-of-quarter rebalancing, which could lead to increased market volatility.

Portfolio Pulse from RIPS

June 28, 2024 | 2:14 pm

SFTBY

TEM

SoftBank Group Corp. (OTC:SFTBY) plans to raise $1.86 billion through bond issuance to repay debt and invest in AI. The funds will be raised via U.S. dollar and euro-denominated bonds. This move aligns with SoftBank's strategic focus on AI, including a planned investment in Perplexity AI and a joint AI-powered medical service with Tempus AI Inc. (NASDAQ:TEM).

Portfolio Pulse from Benzinga Neuro

June 28, 2024 | 2:05 pm

AIQ

AVEM

BABA

Alibaba Group Holding's (NYSE:BABA) cloud computing unit will close its data centers in Australia and India, redirecting investments to Southeast Asia and Mexico. The closures are part of an infrastructure strategy update. Alibaba's stock has declined over 14% in the past year. Investors can gain exposure to Alibaba via Avantis Emerging Markets Equity ETF (NYSE:AVEM) and Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ).

Portfolio Pulse from Anusuya Lahiri

June 28, 2024 | 2:04 pm