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Revenues

EPI

FXI

INDA

KWEB

MCHI

The Asian Development Bank's optimistic outlook highlights China's continued dominance in the Asia-Pacific GDP, despite a slight slowdown, and India's significant growth potential. Key ETFs to watch include KraneShares CSI China Internet ETF (KWEB), iShares MSCI China ETF (MCHI), iShares China Large-Cap ETF (FXI) for China, and iShares MSCI India ETF (INDA), WisdomTree India Earnings Fund (EPI) for India. These ETFs offer investors exposure to the growth potential in these regions.

Portfolio Pulse from Surbhi Jain

April 11, 2024 | 3:22 pm

AMD

DELL

EGIO

INTC

SMCI

Citron Research highlighted Edge computing's growing industry importance, mentioning recent announcements from Dell, Super Micro Computer, AMD, and Intel. Despite its stock challenges, Edgio (EGIO) reported record revenue and boasts one of the largest edge networks globally, leading to a rise in its shares.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 3:18 pm

MMSI

Analyst evaluations for Merit Medical Systems (NASDAQ:MMSI) over the last three months show diverse opinions, with a recent positive shift in price targets. The average 12-month price target has risen to $92.71, a 4.17% increase from the previous $89.00. Recent analyst actions include ratings from 'Buy' to 'Neutral' and adjustments in price targets, reflecting evolving market conditions and company performance. Merit Medical Systems, a medical equipment company, shows strong financial health with a notable revenue growth rate of 10.6%, an 8.51% net margin, and a 2.27% ROE, indicating efficient cost management and asset utilization.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 3:01 pm

BWA

BorgWarner (NYSE:BWA) received mixed ratings from 7 analysts, with a shift towards bullish sentiment in the last 30 days. The average 12-month price target is $42.71, reflecting a 5.78% decrease from the previous target. Analyst actions include both upgrades and downgrades, with price targets ranging from $34.00 to $52.00. BorgWarner, a Tier I auto-parts supplier, reported a revenue growth of 6.18% for the quarter ending December 31, 2023, but faces challenges in profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 3:01 pm

15 analysts have recently rated Mastercard (NYSE:MA), showing a bullish to somewhat bullish sentiment with an average 12-month price target of $508.33, reflecting a 6.62% increase from the previous target. Mastercard, a leading payment processor, has shown a revenue growth of 12.57% and a net margin of 42.62%, with a ROE of 42.16% and an ROA of 6.8%, despite a high debt-to-equity ratio of 2.26.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 3:01 pm

MTDR

Analysts have recently updated their ratings and price targets for Matador Resources (NYSE:MTDR), reflecting a mix of bullish and somewhat bullish sentiments. Over the last three months, 10 analysts have provided evaluations, with the latest updates showing an increase in the average 12-month price target to $73.1 from $70.75. This adjustment represents a 3.32% increase, indicating a positive outlook on the company's future performance. Matador Resources, an independent energy company, has shown significant revenue growth and is engaged in oil and natural gas exploration and development in the United States.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 3:01 pm

NDAQ

7 analysts have recently reviewed Nasdaq (NDAQ), showing a mix of bullish and bearish sentiments. The average 12-month price target is now $72.86, up from $62.50, indicating a positive outlook. Analysts from firms like Barclays, Morgan Stanley, and Goldman Sachs have adjusted their ratings and price targets, reflecting their views on Nasdaq's performance and market position. Despite a lower market capitalization and challenges in net margin and debt management, Nasdaq's revenue growth and ROE stand out positively.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 3:00 pm

MRVL

A Marvell Technology executive has projected that AI will account for nearly 30% of the company's total revenue in 2024, signaling a significant focus on AI technologies.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:20 pm

SPOT

Spotify's press release highlights the success of Canadian music on its platform, noting that Canadian artists were discovered 3.8 billion times last year and royalties exceeded $435 million CAD from 2018 to 2023. The release criticizes the CRTC's outdated criteria for defining Canadian content, which excludes many successful artists due to the global nature of their collaborations. It mentions artists like Tate McRae and Ikky as examples of Canadian success stories not fitting the CRTC criteria. Spotify advocates for an updated definition of Canadian and Indigenous music to reflect the global success of Canadian artists, as their revenue on Spotify grew by over 15% in 2023, outpacing the global industry.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:13 pm

JNJ

SWAV

Johnson & Johnson (NYSE:JNJ) has agreed to acquire Shockwave Medical (NASDAQ:SWAV) for $335 per share in cash, a move predicted by DKI in December. The PMI index rose to 50.3 in March, indicating economic expansion but complicating the Fed's ability to lower rates. Criticism is directed at calls for lower interest rates to aid homebuyers, highlighting that such measures could exacerbate housing market issues. The Congressional Budget Office's projection of US debt to GDP reaching 166% by 2054 is deemed too optimistic by DKI, which also comments on the impact of a new settlement on realtor commissions.

Portfolio Pulse from Gary Brode

April 11, 2024 | 2:02 pm