Streetbeat News

Revenues

PRI

Primerica (NYSE:PRI) has outperformed the market over the past 10 years with an average annual return of 17.04%, surpassing the market by 6.66% annually. A $100 investment in PRI 10 years ago would now be worth $489.38, with the current stock price at $224.73 and a market cap of $7.73 billion.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 7:30 pm

SONY

Sony's May 2024 State of Play event unveiled 14 new games for PS5, PC, and PSVR2, including titles like Concord, God of War: Ragnarok, and Silent Hill 2 Remake. The event highlighted Sony's continued focus on expanding its gaming portfolio and leveraging its successful PS5 platform.

Portfolio Pulse from Franca Quarneti

May 31, 2024 | 7:10 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has significantly outperformed the market over the past decade, delivering an average annual return of 27.43%. A $1000 investment in PANW 10 years ago would now be worth $11,543.27. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 7:00 pm

INTU

Intuit (NASDAQ:INTU) has significantly outperformed the market over the past 10 years, delivering an average annual return of 21.62%. A $100 investment in INTU stock 10 years ago would now be worth $708.46. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 7:00 pm

BTCUSD

Bitcoin's price has decreased by 3.01% in the past 24 hours, continuing a negative trend with a 2.0% loss over the past week. Trading volume has also fallen by 27.0%, and the circulating supply has slightly decreased. Bitcoin's market cap remains at $1.33 trillion.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 7:00 pm

EWC

Canada plans to end media lockups for some statistics starting July 1, while maintaining lockups for key economic indicators such as inflation, jobs, GDP, retail, and trade data.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 6:56 pm

CRM

Salesforce Inc (NYSE:CRM) experienced a 20% stock drop after a disappointing quarter. Reddit users on r/stocks caution against buying the dip, citing slowing revenue growth, competition, management issues, dependency on interest rates, and limited growth potential. Concerns also include Salesforce's per-head fee structure and heavy advertising spend.

Portfolio Pulse from Surbhi Jain

May 31, 2024 | 6:53 pm

MSFT

NVDA

SPY

April's PCE report, the Federal Reserve's preferred measure of inflation, came in as expected, causing an initial spike in the SPDR S&P 500 Index Trust (SPY) during pre-market trading. However, stocks, including tech leaders like NVIDIA (NVDA) and Microsoft (MSFT), traded lower as the day progressed. Jonathan Corpina from Meridian Equity Partners provided a cautious outlook, suggesting the market needed a breather and might not hold onto gains.

Portfolio Pulse from Aaron Bry

May 31, 2024 | 6:41 pm

NOW

ServiceNow (NYSE:NOW) has significantly outperformed the market over the past 10 years, delivering an average annual return of 28.15%. A $1000 investment in NOW stock 10 years ago would be worth $12,524.81 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 6:30 pm

PDD

PDD Holdings (NASDAQ:PDD) has significantly outperformed the market over the past 5 years, delivering an average annual return of 50.72%. A $1000 investment in PDD 5 years ago would be worth $7,879.14 today. The company's current market capitalization is $208.23 billion.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 6:30 pm