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CMTL

Comtech shares are trading higher after the company announced it was awarded a $30 million contract to deliver Next Generation 9-1-1 services that will further modernize NCT9-1-1's infrastructure.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:22 pm

NVDA

NVIDIA has released a presentation highlighting its growth opportunities, market strategies, and technological developments. The company emphasized advancements in AI and HPC infrastructure while cautioning about potential risks and uncertainties.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:11 pm

JBLU

JetBlue plans to apply for DOT slot exemptions to add a second daily nonstop flight between Washington National and San Juan. This is part of a broader effort to enhance Puerto Rico connectivity, including new domestic and international destinations, Mint service, and a new crew base in San Juan.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:03 pm

PGR

19 financial analysts have provided a range of ratings for Progressive (NYSE:PGR) over the past three months, with a majority being somewhat bullish. The average 12-month price target has increased to $241.21. Analysts have made various adjustments to their ratings and price targets, reflecting their perceptions of Progressive's market standing. Progressive has shown strong revenue growth and return on equity but faces challenges with net margin and debt management.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:00 pm

FDMT

Seven analysts have recently evaluated 4D Molecular Therapeutics (NASDAQ:FDMT), with ratings ranging from bullish to bearish. The average 12-month price target is $45.43, up from $41.17 previously. Analysts' actions include maintaining, raising, and lowering ratings and price targets. The company faces challenges in revenue growth and profitability but has a strong ROE and low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:00 pm

NIO

TSLA

Tesla China is reinstating laid-off employees, primarily in sales and service roles, after significant global layoffs. The return of senior VP Tom Zhu is boosting morale, and sales surged to 17,000 units last week. Some former employees have joined competitors like Nio.

Portfolio Pulse from Nabaparna Bhattacharya

June 26, 2024 | 3:53 pm

HLN

RDY

Haleon plc (NYSE:HLN) has agreed to sell its nicotine replacement therapy business outside of the U.S. to Dr. Reddy's Laboratories SA, a subsidiary of Dr. Reddy's Laboratories Limited (NYSE:RDY), for approximately $632 million. The transaction is expected to be completed in early Q4 2024 and will allow Haleon to focus on strategic growth areas. The divestment is expected to dilute Haleon's fiscal year 2024 net revenue and adjusted operating profit by around 0.5% and 1%, respectively.

Portfolio Pulse from Vandana Singh

June 26, 2024 | 3:52 pm

CME

GOOGL

VOX

XLC

Google and CME Group are partnering to create a cloud-based futures trading platform, enhancing trading speeds and efficiency. The project is part of a 10-year alliance and includes a $1 billion equity investment by Google. The transition aims to modernize CME's trading, data, and clearing services.

Portfolio Pulse from Shivani Kumaresan

June 26, 2024 | 3:44 pm

KOPN

Kopin shares are trading higher following the announcement of a contract to develop a high-resolution eyepiece assembly for the U.S. Army's Next Generation-Short Range Interceptor Missile Program.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 3:39 pm

GS

Goldman Sachs Group (NYSE:GS) has outperformed the market over the past 5 years, delivering an average annual return of 17.23%. A $1000 investment in GS 5 years ago would be worth $2,204.87 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 3:31 pm