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FXY

The Japanese yen has plummeted to 160 against the dollar, its lowest level since December 1986, prompting speculation about potential intervention by the Bank of Japan. The yen's depreciation is tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE: FXY). Analysts suggest that the Bank of Japan may intervene depending on upcoming economic data and the speed of yen depreciation.

Portfolio Pulse from Piero Cingari

June 26, 2024 | 3:26 pm

DAKT

Daktronics, Inc. (NASDAQ:DAKT) shares surged following strong Q4 FY24 results, with sales hitting a record $215.9 million, beating the consensus of $186.19 million. Despite an EPS miss, the company saw significant growth in new orders and operating income. CEO Reece Kurtenbach outlined priorities for a broad digital transformation in fiscal 2025.

Portfolio Pulse from Lekha Gupta

June 26, 2024 | 3:17 pm

CCL

Carnival Corporation (NYSE:CCL) shares surged after the company reported better-than-expected Q2 results, driven by strong bookings and record booking volumes for 2025. The stock is trading above its 50-day moving average and is nearing its 52-week high. Analysts are bullish with an average 1-year price target of $22.45.

Portfolio Pulse from Erica Kollmann

June 26, 2024 | 3:15 pm

PAYX

Paychex, Inc (NASDAQ: PAYX) reported mixed fiscal Q4 results with a 5% sales growth to $1.295 billion, slightly below analyst estimates. Adjusted EPS of $1.12 beat expectations. CEO John Gibson highlighted challenges for small and mid-size businesses. PAYX shares fell 4.77% to $119.06.

Portfolio Pulse from Anusuya Lahiri

June 26, 2024 | 3:03 pm

ASND

Ascendis Pharma (NASDAQ:ASND) has significantly outperformed the market over the past 15 years, delivering an average annual return of 27.98%. A $100 investment in ASND 15 years ago would be worth $4,051.86 today. The company's current market capitalization is $7.76 billion.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 3:02 pm

INTC

Intel has demonstrated a significant advancement in integrated photonics technology by showcasing the first fully integrated optical compute interconnect chiplet co-packaged with a CPU at OFC 2024. This development is expected to enhance high-bandwidth I/O for AI and HPC applications.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 3:02 pm

SE

Sea (NYSE:SE) has outperformed the market over the past 5 years with an average annual return of 16.28%, resulting in a $100 investment growing to $218.00. The company currently has a market capitalization of $42.91 billion.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 3:02 pm

OSK

Analysts have provided mixed ratings for Oshkosh (NYSE:OSK) over the past three months, with a recent increase in the average 12-month price target to $141.71. Key analysts have adjusted their ratings and price targets, reflecting evolving market conditions and company performance. Oshkosh has shown positive revenue growth and strong net margins but faces challenges with its ROE.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 3:01 pm

AAPL

HPE

NTAP

PSTG

SMCI

The article evaluates Pure Storage (NYSE:PSTG) against its competitors in the Technology Hardware, Storage & Peripherals industry. Key financial metrics indicate that Pure Storage is overvalued with high PE, PB, and PS ratios. However, it faces challenges with low ROE, EBITDA, gross profit, and revenue growth. The company's debt-to-equity ratio is favorable compared to its top peers.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 3:00 pm

UNH

The article provides a comprehensive analysis of UnitedHealth Group (NYSE:UNH) compared to its major competitors in the Health Care Providers & Services industry. Key financial metrics such as P/E, P/B, P/S, ROE, EBITDA, gross profit, and revenue growth are evaluated. UnitedHealth Group shows strong operational performance but faces challenges in revenue growth and has a higher debt-to-equity ratio compared to peers.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 3:00 pm