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Revenues

NVAX

Novavax (NASDAQ:NVAX) has significantly outperformed the market over the past 5 years, delivering an average annual return of 21.23%. A $100 investment in NVAX 5 years ago would be worth $261.86 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 5:31 pm

AMD

INTC

MSFT

NVDA

Nvidia's AI business is driving a significant surge in revenue, leaving competitors Intel and AMD scrambling to catch up. Nvidia's data center business reported a record $47.5 billion in 2023, a 427% year-on-year increase. Both Intel and AMD are entering the AI PC market, with Intel committing to ship chips for over 100 million AI PCs by 2025. Analysts see Nvidia and AMD as key AI investment opportunities.

Portfolio Pulse from Rounak Jain

May 23, 2024 | 5:25 pm

ASML

BA

CSWI

DIA

ELF

ENS

HLNE

LYV

MDT

NVDA

QQQ

RL

SMH

SNOW

SNPS

SPY

TBBB

TLT

TSM

VFC

XLK

XLU

Nvidia's strong quarterly results and revenue guidance led to a 10% surge in its stock, propelling tech indexes to record highs. The Nasdaq 100 and S&P 500 reached new peaks, while the semiconductor sector outperformed. Broader market sentiment turned cautious due to inflation concerns, impacting Treasury yields and causing declines in blue-chip and small-cap stocks. Key stock movers included e.l.f. Beauty, Snowflake, V.F. Corp., EnerSys, BBB Foods, Medtronic, Ralph Lauren, Hamilton Lane, CSW Industrial, Live Nation, and Boeing.

Portfolio Pulse from Piero Cingari

May 23, 2024 | 5:21 pm

NFLX

Netflix reported that people watched 90 billion hours of content in the second half of 2023, totaling 183 billion hours for the entire year. This high engagement indicates strong user retention and content consumption.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:10 pm

CHWY

Analysts have mixed ratings for Chewy (NYSE:CHWY) with a recent decline in the average 12-month price target. The latest ratings show a trend of analysts lowering their price targets and ratings for the company. Despite positive revenue growth and strong ROE, Chewy faces challenges with net margin and ROA.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 5:00 pm

SMBK

Analysts have provided mixed ratings for SmartFinancial (NYSE:SMBK) over the past three months, with a majority being somewhat bullish. The average 12-month price target has increased slightly to $25.8. Key analysts have adjusted their ratings and price targets, reflecting their evolving views on the company's performance. Despite a recent decline in revenue growth, SmartFinancial shows strong profitability, effective cost management, and sound financial structure.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 5:00 pm

SCHW

VNQ

XLE

The latest Trader Sentiment Survey from Charles Schwab reveals a decline in retail trader optimism towards the U.S. stock market in Q2 2024, with inflation concerns rising and expectations for Fed rate cuts moderating. Bullish sentiment is highest in the energy sector (XLE) and lowest in real estate (VNQ).

Portfolio Pulse from Piero Cingari

May 23, 2024 | 4:59 pm

CLBT

IZRL

Cellebrite DI Ltd. (NASDAQ: CLBT) shares are up after reporting strong Q1 FY24 results, with revenue and adjusted EPS beating expectations. The company sees favorable customer budgets and reaffirms its outlook for the year. Investors can also gain exposure through ARK Israel Innovative Technology ETF (BATS: IZRL).

Portfolio Pulse from Lekha Gupta

May 23, 2024 | 4:58 pm

AMZN

FDIS

GOOG

GOOGL

META

NVDA

XLY

Amazon's cloud unit AWS has partnered with AI startup Hugging Face to enhance the efficiency of running AI models on Amazon's custom Inferentia2 chips. This collaboration aims to attract more AI developers to AWS. Amazon, Google, and Nvidia back Hugging Face, which is a key platform for AI researchers. AWS leads the global cloud service market, and Amazon's stock has gained 59% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 23, 2024 | 4:54 pm

VRME

VerifyMe shares are trading lower after the company updated its FY24 revenue growth rate to mid-single digits instead of double digits and expects its FY24 gross margin percentage to be reduced.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:33 pm