Streetbeat News

Revenues

AES

APH

AXTI

BAC

GOOGL

INTC

META

MSFT

NVDA

SMCI

SNX

VST

Investors are expanding their focus beyond Nvidia in the AI sector, looking at companies in various industries such as electrical components, data centers, utilities, and technology supply chains. Companies like Amphenol, AES, TD Synnex, and Vistra are seeing significant gains due to AI-related growth.

Portfolio Pulse from Shivani Kumaresan

May 24, 2024 | 5:37 pm

ALL

BRK

ENPH

FSLR

GNRC

ICLN

LOW

TAN

NOAA predicts an aggressive hurricane season for 2024, which could impact various stocks. Home Depot, Lowe's, and Generac may see increased demand, while clean energy companies like First Solar and Enphase Energy could benefit from the focus on climate change. Insurers like Allstate and Berkshire Hathaway may face challenges due to climate risks.

Portfolio Pulse from Hayden Buckfire

May 24, 2024 | 5:30 pm

FDX

UPS

FedEx Corporation (NYSE:FDX) has reinstated its International Priority services to Kyiv, Ukraine, while maintaining the suspension of services in Russia and Belarus. United Parcel Service, Inc. (NYSE:UPS) continues to suspend operations in Ukraine, Belarus, and Russia. FedEx shares are trading lower by 0.80% to $247.30.

Portfolio Pulse from Nabaparna Bhattacharya

May 24, 2024 | 5:19 pm

WDAY

Workday Inc (NASDAQ:WDAY) shares dropped significantly despite reporting positive Q1 earnings. Analysts have mixed reactions, with many lowering their price targets due to macroeconomic pressures, particularly in Europe, and slower customer headcount growth. The company's fiscal 2025 subscription revenue guidance was also reduced.

Portfolio Pulse from Priya Nigam

May 24, 2024 | 5:15 pm

VIR

Over the past three months, five analysts have shared their insights on Vir Biotechnology (NASDAQ:VIR), with a mix of bullish and indifferent ratings. The average 12-month price target has significantly increased to $71.4 from a previous $10.00. Analysts from firms like HC Wainwright & Co. and JP Morgan have maintained or raised their ratings, reflecting a positive shift in sentiment. Vir Biotechnology has shown solid revenue growth but faces challenges with its net margin and return on equity.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 5:01 pm

OKLO

Oklo has announced an agreement to supply 100MW of nuclear power to Wyoming Hyperscale, a data center company. This deal marks a significant step for Oklo in the energy sector, particularly in providing sustainable energy solutions to data centers.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 4:37 pm

AAPL

AES

MRVL

SNX

Hedge funds adjusted their portfolios in Q1 2024, focusing on AI-related infrastructure stocks and cyclical sectors. Positions in several 'Magnificent Seven' tech stocks were trimmed, except for Apple. Marvell Technology, TD Synnex, and AES Corporation saw increased hedge fund interest.

Portfolio Pulse from Piero Cingari

May 24, 2024 | 4:20 pm

LLY

NVO

Eli Lilly's new investment is expected to produce drugs by 2028, but the launch of Tirzepatide in China is delayed until supply improves.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 4:07 pm

AMZN

Amazon has announced the grand opening of a new 2.8 million square foot robotics fulfillment center, YYC4, in Calgary, Alberta. The facility employs over 1,500 people.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 4:01 pm

APA

In the last three months, 21 analysts have published ratings on APA (NASDAQ:APA), showing a range of perspectives from bullish to bearish. The average 12-month price target is $40.95, reflecting a 2.22% increase from the previous average. Recent analyst actions include both raises and lowers in ratings and price targets, indicating mixed sentiments. APA faces challenges in revenue growth and net margin but shows strong return on equity.

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 4:01 pm