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MSTR

MicroStrategy (NASDAQ:MSTR) has significantly outperformed the market over the past 5 years, delivering an average annual return of 59.55%. A $100 investment in MSTR 5 years ago would be worth $1,023.45 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 2:30 pm

UNG

The latest report on USA natural gas storage shows an increase of 71 billion cubic feet, which is higher than the estimated 69 billion cubic feet but lower than the previous week's 74 billion cubic feet.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 2:30 pm

ACN

Accenture (NYSE:ACN) reported strong AI bookings growth, which led to a 7.7% rise in its stock price despite missing analyst estimates. The company recorded $900 million in new generative AI bookings and $2 billion for the fiscal year to date. Accenture's revenue slightly decreased YoY, but its net income remained robust. The company expects sales between $16.05 billion and $16.65 billion for the current quarter.

Portfolio Pulse from Upwallstreet

June 21, 2024 | 2:24 pm

TXN

Texas Instruments (NASDAQ:TXN) has been analyzed by 20 financial analysts, revealing a range of sentiments from bullish to bearish. The average 12-month price target is $188.7, with a high of $230.00 and a low of $150.00. Recent analyst actions include several rating adjustments and price target changes. Despite a decline in revenue growth, Texas Instruments maintains strong profitability and financial health.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 2:00 pm

TRGP

Targa Resources (NYSE:TRGP) has significantly outperformed the market over the past 5 years, delivering an average annual return of 27.49%. An initial $100 investment in TRGP 5 years ago would now be worth $335.59. The company's current market capitalization is $28.75 billion.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 2:00 pm

LRCX

Lam Research (NASDAQ:LRCX) has significantly outperformed the market over the past 20 years, delivering an average annual return of 20.24%. A $1000 investment in LRCX 20 years ago would be worth $41,187.77 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 2:00 pm

SPY

USA Existing Home Sales for May came in at 4.11 million, slightly above the estimated 4.08 million but below the prior month's 4.14 million.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 2:00 pm

SPY

US existing home sales for May decreased by 0.7%, an improvement from the prior month's decline of 1.9%.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 2:00 pm

AMZN

GOOG

GOOGL

MSFT

VCR

XLY

Amazon plans a major overhaul of its Alexa service, integrating conversational generative AI under Project Banyan. The update, named 'Remarkable Alexa,' aims to enhance user interaction with more intelligent features and a potential premium version costing around $5 monthly. The project is set for an August deadline and aims to compete with advancements from Alphabet, Microsoft, and OpenAI.

Portfolio Pulse from Shivani Kumaresan

June 21, 2024 | 1:57 pm

SPY

The S&P Global Services PMI for June came in at 55.1, surpassing the estimated 53.4 and the prior month's 54.8. This indicates a stronger-than-expected expansion in the services sector.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 1:45 pm