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SPY

New York Governor has indefinitely delayed the start of congestion pricing in Manhattan, which was expected to reduce traffic and generate revenue for public transportation.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 4:02 pm

DLO

13 analysts have provided mixed opinions on DLocal (NASDAQ:DLO) over the past quarter, with a range of ratings from bullish to bearish. The average 12-month price target has decreased by 12.08% to $16.81. Analysts have recently lowered their price targets, reflecting changing market dynamics and company performance. DLocal has shown strong revenue growth and profitability but faces challenges in return on equity.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:01 pm

XP

Over the past three months, four analysts have evaluated XP Inc. (NASDAQ:XP), with ratings ranging from bullish to indifferent. The average 12-month price target has declined by 12.71% to $25.75. Analysts from Citigroup, Goldman Sachs, and Morgan Stanley have adjusted their ratings and price targets, reflecting evolving market conditions and company performance. XP has shown strong revenue growth and profitability but faces challenges with asset returns and high debt levels.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:00 pm

AIT

Applied Industrial Techs (NYSE:AIT) has significantly outperformed the market over the past 20 years, delivering an average annual return of 14.52%. A $100 investment in AIT 20 years ago would be worth $1,504.43 today. The company currently has a market capitalization of $7.19 billion.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:00 pm

APO

Apollo Global Management (NYSE:APO) has significantly outperformed the market over the past 5 years, delivering an average annual return of 28.65%. A $1000 investment in APO 5 years ago would now be worth $3,534.08. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:00 pm

AAPL

ADP

AMZN

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SPY

TLT

TSLA

USO

The article discusses the current market dynamics where investors are buying stocks on lower yields due to softer economic data. It highlights the performance of various assets including bonds, stocks, and commodities, and provides insights into the behavior of the 'momo crowd' and 'smart money'. Key economic reports and upcoming events are also mentioned.

Portfolio Pulse from The Arora Report

June 05, 2024 | 3:54 pm

TM

Toyota plans to nearly double the output capacity of its Sorocaba plant in Brazil by 2026, according to a local head. This expansion is part of Toyota's strategy to strengthen its presence in the Brazilian market.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 3:53 pm

MESA

XTIA

XTI Aerospace (NASDAQ:XTIA) shares surged after announcing Mesa Air Group (NASDAQ:MESA) as the purchaser of up to 100 TriFan 600 aircraft, potentially generating $1 billion in revenue. Mesa Air is also an investor in XTI Aerospace. The news led to heavy trading volume for XTIA shares.

Portfolio Pulse from Erica Kollmann

June 05, 2024 | 3:49 pm

DDD

3D Systems Corporation (NYSE:DDD) shares surged 21.1% after announcing a significant purchase agreement for its 3D printing technology used in producing clear aligners. The deal, valued at up to $250 million through 2028, strengthens 3D Systems' position in the dental market and is expected to drive further expansion.

Portfolio Pulse from Dylan Berman

June 05, 2024 | 3:44 pm

CVE

Cenovus Energy (NYSE:CVE) has outperformed the market over the past 5 years with an average annual return of 17.95%, resulting in a significant growth in investment value. A $1000 investment in CVE 5 years ago would be worth $2,321.64 today.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 3:30 pm