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Revenues

AVGO

NVDA

Broadcom Inc (NASDAQ:AVGO) announced updates to its VMware Cloud Foundation, enhancing infrastructure modernization, developer productivity, and cybersecurity. Analysts highlight Broadcom's strong position in the AI semiconductor market, predicting significant revenue growth.

Portfolio Pulse from Anusuya Lahiri

June 25, 2024 | 5:58 pm

NVAX

Novavax (NASDAQ:NVAX) has significantly outperformed the market over the past 5 years, delivering an average annual return of 19.29%. A $1000 investment in NVAX 5 years ago would be worth $2,341.30 today. The current market capitalization of Novavax is $2.03 billion.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 5:30 pm

ENPH

Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market over the past 10 years, delivering an average annual return of 27.59%. A $100 investment in ENPH 10 years ago would be worth $1,203.16 today. The company's current market capitalization is $13.99 billion.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 5:30 pm

AMZN

HD

IBUY

RTH

WMT

XRT

Consumer confidence declined in June, with the Consumer Confidence Index dropping from 101.3 in May to 100.4. The Present Situation Index improved slightly, but the Expectations Index fell, indicating concerns about future economic conditions. This has impacted stocks like Walmart, Amazon, and Home Depot, as well as retail ETFs.

Portfolio Pulse from Michael Juliano

June 25, 2024 | 5:22 pm

BTBT

BitDigital, Inc. (NASDAQ:BTBT) shares surged 41% after the company announced a $275 million contract expansion to supply 2,048 Nvidia GPUs over three years. The deal is expected to significantly boost BitDigital's revenue, with deliveries starting in July.

Portfolio Pulse from Dylan Berman

June 25, 2024 | 5:20 pm

CCL

RCL

Royal Caribbean Cruises Ltd (NYSE:RCL) shares are trading higher in sympathy with Carnival Corp (NYSE:CCL), which reported better-than-expected quarterly results. Carnival's strong performance and positive guidance have positively influenced Royal Caribbean's stock ahead of its own earnings report.

Portfolio Pulse from Adam Eckert

June 25, 2024 | 5:12 pm

ALB

Albemarle has stated that new U.S. lithium projects will need different market economics or increased support from the U.S. government to be viable. This highlights the challenges faced by the lithium industry in the U.S. and the potential need for policy changes or subsidies.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 5:07 pm

KRYS

Krystal Biotech (NASDAQ:KRYS) has significantly outperformed the market over the past 5 years, delivering an average annual return of 32.25%. A $100 investment in KRYS 5 years ago would now be worth $446.11, with the stock currently priced at $179.65 and a market cap of $5.13 billion.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 5:01 pm

CVE

Cenovus Energy (NYSE:CVE) has outperformed the market over the past 5 years with an average annual return of 16.64%, surpassing the market by 3.72% annually. A $1000 investment in CVE 5 years ago would now be worth $2,176.30.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 5:01 pm

ALB

Albemarle Executive Eric Norris expressed confidence in the long-term demand for lithium and emphasized the need for more transparent lithium prices globally.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 4:55 pm