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Revenues

DELL

Dell Technologies has launched the Dell AI Factory, providing infrastructure, solutions, and services to help organizations adopt and deploy AI at scale. The initiative includes new AI PCs with Copilot+ powered by Snapdragon processors, storage, data protection, and networking innovations. Dell is also expanding its AI Professional Services portfolio and collaborating with NVIDIA to accelerate AI adoption.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:02 pm

EVLV

Analysts' ratings for Evolv Technologies (NASDAQ:EVLV) have varied from bullish to bearish over the last quarter. The average 12-month price target has dropped by 15.31% to $6.25. Key analysts have lowered their price targets, reflecting changing market conditions and company performance. Evolv Technologies offers AI-based touchless security screening systems and has shown significant revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 6:01 pm

MELI

Thirteen analysts have recently published ratings on MercadoLibre (NASDAQ:MELI), with a majority being somewhat bullish. The average 12-month price target has increased to $1953.08, reflecting a 1.96% rise. Analysts have varied in their actions, with some raising and others lowering their price targets. MercadoLibre continues to show strong financial performance with notable revenue growth, net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 6:00 pm

NEE

NextEra Energy (NYSE:NEE) has outperformed the market over the past 10 years with an average annual return of 12.15%, surpassing the market by 1.42% annually. A $100 investment in NEE 10 years ago would be worth $314.64 today.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 6:00 pm

CTAS

Cintas (NASDAQ:CTAS) has significantly outperformed the market over the past 15 years, delivering an average annual return of 24.78%. A $1000 investment in Cintas 15 years ago would be worth $27,672.49 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 6:00 pm

DRI

Red Lobster has filed for Chapter 11 bankruptcy protection, aiming to reduce its number of locations and find a buyer. The company faces significant debt, higher labor costs, and escalating rents. Darden Restaurants (NYSE:DRI), which once owned Red Lobster, could be impacted if similar challenges affect its other brands.

Portfolio Pulse from Aaron Bry

May 20, 2024 | 5:52 pm

BA

RYAAY

Ryanair Holdings Plc (NASDAQ:RYAAY) shares are trading lower after reporting FY24 results. Despite a 25% revenue growth and a 34% increase in net profit, the stock is down due to rising operating costs and Boeing delivery delays. The company announced a €700 million share buyback and expects to grow traffic by 8% in FY25.

Portfolio Pulse from Lekha Gupta

May 20, 2024 | 5:34 pm

LLY

Eli Lilly and Co (NYSE:LLY) has significantly outperformed the market over the past 5 years, with an annualized return of 46.32%. A $100 investment in LLY 5 years ago would now be worth $670.53. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 5:30 pm

PH

Parker Hannifin (NYSE:PH) has significantly outperformed the market over the past decade, delivering an average annual return of 15.99%. A $100 investment in PH stock 10 years ago would be worth $440.61 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 5:30 pm

MSFT

Microsoft CEO announced the introduction of Copilot Plus PCs, with expectations of 50 million AI PCs being purchased in the next 12 months.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:08 pm