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Revenues

JCI

Johnson Controls Intl (NYSE:JCI) has outperformed the market over the past 15 years with an average annual return of 13.83%, surpassing the market by 1.06% annually. A $100 investment in JCI 15 years ago would be worth $635.20 today.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 5:33 pm

AMZN

ETSY

FXI

PDD

SHOP

Amazon is planning to launch a new discount section similar to Temu, with direct shipping from China. This move could impact other e-commerce platforms and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 5:10 pm

NU

In the past three months, 4 analysts have provided ratings for Nu Holdings (NYSE:NU), ranging from bullish to bearish. The average 12-month price target has increased to $14.3, with a high of $15.20 and a low of $13.00. Analysts from Barclays, Jefferies, Susquehanna, and Keybanc have recently raised their price targets and ratings for Nu Holdings. The company has shown strong revenue growth and effective asset utilization but faces challenges in net margin and market capitalization.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 5:01 pm

VSTO

Over the past three months, four analysts have evaluated Vista Outdoor (NYSE:VSTO), with a mix of bullish and indifferent ratings. The average 12-month price target has increased by 6.66% to $38.75. Key analysts have maintained or raised their ratings, reflecting positive sentiment despite recent revenue challenges.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 5:01 pm

WVE

Analysts have provided mixed ratings for WAVE Life Sciences (NASDAQ:WVE) over the past three months, with a current average 12-month price target of $15.5, down from $17.00. The company faces challenges in revenue growth, net margin, ROE, and ROA, but maintains a healthier debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 5:00 pm

HAP

HJEN

SHEL

Shell's Canadian unit has made a Final Investment Decision (FID) for the Polaris carbon capture project at the Shell Energy and Chemicals Park in Scotford, Alberta. The project aims to capture 650,000 tonnes of CO2 annually and reduce Scope 1 CO2 emissions by up to 40% at the Scotford refinery. Shell also announced an FID for the Atlas Carbon Storage Hub in collaboration with ATCO EnPower, which will store CO2 from the Polaris project. Both projects are expected to start operations by the end of 2028. Shell aims to become a net-zero emissions energy business by 2050 and plans to invest $10-$15 billion in low-carbon energy solutions from 2023-2025. Shell's stock has gained over 18% in the last 12 months.

Portfolio Pulse from Lekha Gupta

June 26, 2024 | 4:45 pm

AAPL

BofA Securities updated its outlook on Apple's Services segment, highlighting the integration of AI features announced at WWDC. BofA expects these AI features to drive a 14% increase in Services revenue year-over-year and boost overall margins in 2024. The firm also anticipates growth in App Store revenues despite potential EU regulatory impacts. Apple shares have gained over 12% in the past month, benefiting from these AI integration plans.

Portfolio Pulse from Erica Kollmann

June 26, 2024 | 4:35 pm

CVLT

CommVault Systems (NYSE:CVLT) has seen a 7.95% decrease in its short percent of float, now at 2.43%. This indicates a more bullish sentiment compared to its peers, which have an average short interest of 4.89%.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:30 pm

AMZN

Amazon's market value surpassed $2 trillion for the first time on an intraday basis, marking a significant milestone for the company.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:29 pm

NVDA

NVIDIA CEO Jensen Huang announced at the annual shareholder meeting that the next wave of AI will automate $50 trillion worth of heavy industries.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:27 pm