Streetbeat News

Revenues

AJG

Arthur J. Gallagher (NYSE:AJG) has significantly outperformed the market over the past 20 years, delivering an average annual return of 11.08%. A $1000 investment in AJG 20 years ago would be worth $8,198.10 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 8:30 pm

CURLF

VRNOF

Ohio's upcoming adult-use cannabis market launch is expected to cause initial price surges due to high demand and limited supply. Industry leaders from Verano Holdings and Curaleaf Holdings predict price hikes, with wholesale demand already increasing. The market could reach $2.8 billion in annual sales by 2030.

Portfolio Pulse from Patricio Liddle

June 14, 2024 | 8:29 pm

DFS

Discover Financial Services reported a slight decrease in its credit card delinquency rate to 1.64% at the end of May from 1.68% at the end of April. However, the credit card charge-off rate increased marginally to 2.40% from 2.35% over the same period.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 8:18 pm

RFL

Rafael Holdings (RFL) reported a Q3 2024 EPS of $(1.36), a significant decline from $(0.06) year-over-year. However, revenue increased to $336K from $71K YoY.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 8:06 pm

CCL

CUK

NCLH

RCL

SPY

The Nasdaq reached a record high, but consumer sentiment fell below expectations. Cruise stocks, including Carnival Corporation (CCL), Carnival plc (CUK), Norwegian Cruise Line Holdings (NCLH), and Royal Caribbean Group (RCL), declined after Bank of America highlighted softer June pricing.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 8:06 pm

BITF

BTDR

10x Research highlights significant gains in Bitcoin mining stocks like Bitfarms and Bitdeer but advises cautious optimism due to Bitcoin's failure to break critical resistance levels and challenges in the mining sector. Strategic timing and risk management are recommended.

Portfolio Pulse from Khyathi Dalal

June 14, 2024 | 8:05 pm

ICLR

Icon (NASDAQ:ICLR) has significantly outperformed the market over the past 15 years, delivering an average annual return of 19.66%. A $100 investment in ICLR 15 years ago would be worth $1,425.55 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 8:00 pm

LULU

Lululemon Athletica (NASDAQ:LULU) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.44%. A $1000 investment in LULU 10 years ago would be worth $7,645.94 today.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 8:00 pm

ADNT

APTV

PENN

WW

Shares of companies within the broader discretionary sector are trading lower following softer-than-expected consumer sentiment data.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 7:56 pm

CVNA

FND

HVT

LOVE

RL

SIG

Shares of retail and discretionary stocks are trading lower following softer-than-expected consumer sentiment data.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 7:54 pm