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Revenues

CNQ

CVE

NCSM

OVV

PBR

TTE

Shares of oil companies are trading lower due to a rise in U.S. stockpiles and reduced rate cut expectations by the Federal Reserve.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:53 pm

TLT

The Producer Price Index (PPI) for May showed a significant drop of 0.2%, driven by a 4.8% fall in energy prices. This data, along with lower-than-expected consumer inflation, has led economists to believe that the Federal Reserve may consider rate cuts later in 2024. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) has seen a positive impact, rising by 1.8% this week.

Portfolio Pulse from Piero Cingari

June 13, 2024 | 2:51 pm

STLA

Stellantis aims to reduce its fixed costs to below 30%, according to a company executive. This move is part of the company's broader strategy to improve efficiency and profitability.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:49 pm

NTRA

Natera (NASDAQ:NTRA) has significantly outperformed the market over the past 5 years, delivering an average annual return of 33.37%. A $1000 investment in NTRA 5 years ago would be worth $4,382 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 2:30 pm

LSCC

Lattice Semiconductor (NASDAQ:LSCC) has significantly outperformed the market over the past 5 years, delivering an average annual return of 33.53%. A $1000 investment in LSCC 5 years ago would now be worth $4,426.54. The company's current market capitalization is $8.59 billion.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 2:30 pm

SPY

UNG

The latest report on USA natural gas storage shows a build of 74 billion cubic feet, slightly below the estimated 75 billion cubic feet and significantly lower than the prior build of 98 billion cubic feet.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:30 pm

QCOM

Analyst Ming-Chi Kuo highlights two new growth drivers for Qualcomm: the SM8750 (Snapdragon 8 Gen 4) and the X Elite and X Plus chips for Windows on ARM (WOA). The SM8750, set for mass production in 2H24, will be priced 25-30% higher than its predecessor due to advanced manufacturing technology. The X Elite and X Plus chips are expected to see significant shipment growth in 2024 and 2025. Qualcomm also plans to launch a low-cost WOA processor in 4Q25.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:26 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for June 13th, 2024, provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines potential bullish and bearish scenarios for each asset, emphasizing the importance of monitoring these levels closely. Key economic data releases and a 30-Year Bond Auction are expected to influence market sentiment and volatility today.

Portfolio Pulse from RIPS

June 13, 2024 | 2:18 pm

IESC

IES Holdings (NASDAQ: IESC) has significantly outperformed the market over the past decade, delivering an average annual return of 36.1%. A $100 investment in IESC 10 years ago would be worth $2,251.90 today. The company's current market capitalization is $2.76 billion.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 2:00 pm

NXPI

NXP Semiconductors (NASDAQ:NXPI) has significantly outperformed the market over the past decade, delivering an average annual return of 15.97%. A $1000 investment in NXPI 10 years ago would be worth $4,373.54 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 2:00 pm