Streetbeat News

Revenues

EHC

Encompass Health (NYSE:EHC) has outperformed the market over the past 15 years with an average annual return of 14.93%, resulting in a $1000 investment growing to $8,287.10. The company currently has a market capitalization of $8.40 billion.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 5:00 pm

ANET

Arista Networks (NYSE:ANET) has significantly outperformed the market over the past 10 years, delivering an average annual return of 36.53%. A $1000 investment in ANET 10 years ago would be worth $22,501.09 today. The company's current market capitalization is $96.78 billion.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 5:00 pm

AAPL

TCEHY

Tencent's new game Dungeon & Fighter Mobile has earned $140 million in its first week, making a significant impact in the global gaming market. The game has topped charts and pushed other Tencent hits down, with potential to generate over $1 billion in sales this year.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 4:34 pm

UUP

The upcoming U.S. elections in November 2024 are expected to be a significant risk event for asset markets. Goldman Sachs outlines potential impacts on equities, yields, and the US Dollar (USD) based on different election outcomes. A Trump victory is likely to lead to a stronger USD, with the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP) expected to see a 3.6% increase. The first presidential debate on June 27 is anticipated to be a key market-moving event.

Portfolio Pulse from Piero Cingari

May 29, 2024 | 4:33 pm

AMZN

ORAN

VCR

XLY

Amazon and Orange have partnered to launch AWS cloud services in Morocco and Senegal, marking the first time these services will be available in countries without physical AWS infrastructure. This move aims to meet the growing demand for faster computing solutions in Africa, driven by sectors like banking, telecommunications, and healthcare. The African cloud market is projected to grow by 15% annually, reaching $18 billion by 2028.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 4:31 pm

RMD

ResMed (NYSE:RMD) has significantly outperformed the market over the past 20 years, delivering an average annual return of 15.03%. A $100 investment in ResMed 20 years ago would be worth $1,659.56 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 4:30 pm

CPRT

Copart (NASDAQ:CPRT) has significantly outperformed the market over the past 15 years, delivering an average annual return of 23.64%. A $1000 investment in CPRT 15 years ago would be worth $26,151.32 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 4:30 pm

CCSO

MULN

VXF

Mullen Automotive (NASDAQ:MULN) has secured a purchase order for 40 Mullen-GO urban delivery vehicles from Switzerland-based Antidoto SA, with a potential for 180 more units in 2025. This order is part of Mullen's European expansion strategy. Mullen's stock has lost over 99% in the last 12 months, and investors can gain exposure through ETFs like Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO) and Vanguard Extended Market ETF (NYSE:VXF).

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 4:30 pm

ENPH

Enphase Energy Inc (NASDAQ:ENPH) is experiencing a bullish trend driven by favorable news and technical indicators. The stock has formed a Golden Cross and is up 12.53% over the past month. Key events include expansion into Finland, increased tariffs on Chinese solar imports, and the launch of the IQ Battery 5P in Mexico.

Portfolio Pulse from Surbhi Jain

May 29, 2024 | 4:24 pm

BNAI

Brand Engagement Network Inc. (NASDAQ:BNAI) shares surged after announcing a $4.95 million private placement and the appointment of Paul Chang as Co-CEO. The investment includes stock and warrants priced at $2.50 per share, with additional capital commitments if needed. Trading volume spiked significantly following the news.

Portfolio Pulse from Erica Kollmann

May 29, 2024 | 4:04 pm