Streetbeat News

Revenues

TTWO

J.P. Morgan analyst Cory A Carpenter reiterated an Overweight rating on Take-Two Interactive Software Inc (NASDAQ:TTWO) with a price target of $200. The analyst highlighted positive trends in mobile gaming, the potential for GTA V and GTA VI, and skepticism about a potential FIFA 2K simulation game. The analyst expects a significant revenue and profitability increase with the release of GTA VI in Fall 2025.

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 5:24 pm

GM

General Motors (GM) has resumed operations for its autonomous driving unit Cruise in Houston and adjusted its EV production target for the year to 200,000-250,000 units. The company also announced a $6 billion share repurchase authorization. GM shares are trading higher by 1.42%.

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 5:22 pm

MSFT

Microsoft is considering launching a new software bundle that includes AI features as it explores pricing strategies for AI. This move could impact its product offerings and revenue streams.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:07 pm

CTRM

DAC

SB

SBLK

SHIP

STNG

ZIM

Shares of shipping and tanker stocks are trading lower amid reported hopes of an Israel-Hamas ceasefire, which could ease Red Sea uncertainty and pressure freight rates.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:06 pm

CCI

DTCR

SRVR

Crown Castle Inc. (NYSE:CCI) has announced plans to streamline its Fiber segment, including reducing capital expenditures, cutting jobs, and revising its guidance for FY24. The company aims to improve operational performance and expects significant cost savings and revenue growth in the coming years. Investors can also gain exposure through ETFs like Pacer Data & Infrastructure Real Estate ETF (NYSE:SRVR) and Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR).

Portfolio Pulse from Lekha Gupta

June 11, 2024 | 5:05 pm

CSX

CSX (NASDAQ:CSX) has outperformed the market over the past 15 years with an average annual return of 15.52%, resulting in a $1000 investment growing to $8,555.23. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 5:00 pm

SCCO

Southern Copper (NYSE:SCCO) has outperformed the market over the past 10 years, delivering an average annual return of 14.21%. A $100 investment in SCCO 10 years ago would be worth $378.47 today. The article highlights the impact of compounded returns on long-term investments.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 5:00 pm

AAPL

AMZN

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SPY

TLT

TSLA

USO

The stock market is poised for significant movement based on upcoming CPI data and the FOMC rate decision. Bond movements, particularly those tracked by the iShares 20+ Year Treasury Bond ETF (TLT), will likely influence stock market direction. Early trade shows mixed money flows among major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

June 11, 2024 | 4:50 pm

CETY

Clean Energy Technologies shares are trading higher after the company announced its affiliate was selected as a USDA grant recipient.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 4:36 pm

MTD

Mettler-Toledo Intl (NYSE:MTD) has significantly outperformed the market over the past decade, delivering an average annual return of 19.24%. A $100 investment in MTD 10 years ago would now be worth $584.86.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 4:30 pm