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Revenues

WBD

Warner Bros. Discovery (WBD) is negotiating for a fourth NBA media-rights package, which could include regular-season and playoff games. This move aims to maintain TNT's long-standing relationship with the NBA and ensure the survival of its popular 'Inside the NBA' show. WBD is also dealing with significant debt and aims to avoid overpaying for the rights.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:31 pm

CROX

Crocs (NASDAQ:CROX) has significantly outperformed the market over the past 10 years, delivering an average annual return of 25.81%. A $1000 investment in CROX 10 years ago would be worth $9,825.47 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 4:30 pm

HD

Home Depot (NYSE:HD) has significantly outperformed the market over the past 15 years, delivering an average annual return of 19.04%. A $100 investment in HD stock 15 years ago would be worth $1,361.41 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 4:30 pm

PLTR

Palantir Technologies Inc (NYSE:PLTR) shares are trading higher as the company hosts its fourth AIPCon event, showcasing customer success with its AI platform. New customers will present their use cases, and Palantir will announce a new developer community. The stock has gained over 36% year-to-date, driven by strong commercial and government revenue growth.

Portfolio Pulse from Adam Eckert

June 06, 2024 | 4:25 pm

LYFT

Lyft, Inc. (NASDAQ:LYFT) shares are trading higher after the company provided optimistic 2027 financial targets ahead of its Investor Day. The company anticipates a 15% CAGR in gross bookings from 2024 to 2027, a 4% Adjusted EBITDA margin in 2027, and a free cash flow conversion rate exceeding 90% annually from 2025 to 2027. Lyft also maintains its previously announced outlook for the second quarter and 2024.

Portfolio Pulse from Nabaparna Bhattacharya

June 06, 2024 | 4:17 pm

SNPS

Synopsys (NASDAQ:SNPS) has significantly outperformed the market over the past 5 years, delivering an average annual return of 35.4%. A $100 investment in SNPS 5 years ago would now be worth $454.86. The company's current market capitalization is $87.97 billion.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 4:00 pm

WSM

Williams-Sonoma (NYSE:WSM) has outperformed the market over the past 20 years with an average annual return of 12.0%, significantly growing an initial $100 investment to $972.92. The company currently has a market capitalization of $19.17 billion.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 4:00 pm

BX

LYFT

UBER

VNO

New York Governor Kathy Hochul has indefinitely paused NYC's congestion pricing plan, which would have charged $15 for entering Manhattan. The decision impacts truckers, rideshare apps like Uber and Lyft, and real estate owners like Blackstone and Vornado Realty Trust.

Portfolio Pulse from Hayden Buckfire

June 06, 2024 | 3:59 pm

FRGT

Freight Technologies, Inc. (NASDAQ:FRGT) shares surged 85.6% after the company announced the addition of 26 new customers and 149 carriers to its AI-powered freight matching platform, Fr8App. This expansion enhances its service offerings and capacity, particularly in US domestic and US-Mexico cross-border services.

Portfolio Pulse from Dylan Berman

June 06, 2024 | 3:55 pm

EADSY

Airbus reported 24,032 gross aircraft orders from January to May and delivered 256 aircraft to 58 customers year-to-date.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 3:49 pm