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Revenues

EXC

ComEd has announced that it has interconnected over 1 gigawatt of distributed energy resources to the grid in Northern Illinois. This development is significant for the region's energy infrastructure and sustainability efforts.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 6:35 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has significantly outperformed the market over the past decade, delivering an average annual return of 18.38%. A $1000 investment in TMUS 10 years ago would now be worth $5,356.02. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 6:30 pm

IDXX

IDEXX Laboratories (NASDAQ:IDXX) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.31%. A $1000 investment in IDXX 10 years ago would be worth $7,592.67 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 6:30 pm

C

Citi CFO Mark Mason highlighted the importance of the services business as a gateway to the bank's offerings and emphasized a focus on improving returns in the wealth business. He also mentioned that outside hires are strengthening the franchise.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 6:21 pm

SNAP

Snap Inc (NYSE:SNAP) announced new augmented reality experiences and an upgrade to its developer program, Lens Studio, incorporating generative AI. This move aims to enhance user engagement and improve advertising monetization.

Portfolio Pulse from Hayden Buckfire

June 18, 2024 | 6:17 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) shares are rising after the company announced the addition of three new manufacturing facilities focused on liquid-cooled solutions. The company expects significant growth in liquid-cooled data centers due to increasing AI factory demands.

Portfolio Pulse from Dylan Berman

June 18, 2024 | 6:15 pm

AAPL

MSFT

NVDA

Nvidia Corp (NASDAQ:NVDA) has become the most valuable public company in the world, surpassing Microsoft Corp (NASDAQ:MSFT) and Apple Inc (NASDAQ:AAPL) due to its significant gains driven by the AI boom. Nvidia's market cap reached $3.33 trillion, with its stock up over 170% year-to-date. Analysts remain bullish on Nvidia, with Wells Fargo and Rosenblatt raising their price targets. Microsoft and Apple have also benefited from the AI trend but to a lesser extent.

Portfolio Pulse from Adam Eckert

June 18, 2024 | 6:10 pm

SPY

The Congressional Budget Office (CBO) has released updated economic and budget projections for the United States. The CBO now expects faster economic growth and higher inflation in 2024 than previously estimated. Additionally, the 2024 US budget deficit estimate has been increased to $1.9 trillion from $1.5 trillion.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 6:02 pm

CB

Chubb (NYSE:CB) has outperformed the market over the past 20 years with an average annual return of 10.74%, surpassing the market by 2.57% annually. A $100 investment in Chubb 20 years ago would be worth $769.98 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 6:00 pm

RJF

Raymond James Finl (NYSE:RJF) has outperformed the market over the past 10 years with an average annual return of 13.52%, surpassing the market by 2.61% annually. A $100 investment in RJF 10 years ago would now be worth $350.73.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 6:00 pm