Streetbeat News

Revenues

EWU

The U.K. Consumer Price Index (CPI) for September remained flat at 0.0%, missing the estimated 0.1% and down from the previous 0.3%. This indicates a slowdown in inflationary pressures in the U.K. economy.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:09 am

EWU

The U.K. Consumer Price Index (CPI) for September increased by 1.7% year-over-year, which is below the estimated 1.9% and the previous month's 2.2%. This indicates a slowdown in inflation in the U.K.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:08 am

WDS

Woodside Energy reported a strong Q3 with a 13% YoY revenue increase to $3.679 billion and record production levels. The company benefited from increased LNG prices and the ramp-up of the Sangomar project.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:31 am

BABA

GOOG

GOOGL

Alibaba has launched an upgraded AI translation tool, Marco MT, claiming it surpasses Google's and ChatGPT's offerings. This tool aims to enhance merchant performance on Alibaba's platform, supporting 15 languages. Alibaba's international business, a key growth driver, reported a 32% sales increase.

Portfolio Pulse from Benzinga Neuro

October 16, 2024 | 4:10 am

AMD

MRNA

SQ

Cathie Wood's Ark Invest sold $1.28M worth of Block Inc. shares despite Bitcoin's rally and Block's positive Q2 results. Ark also made trades involving Tempus AI, Blade Air Mobility, Materialise, AMD, and Moderna.

Portfolio Pulse from Benzinga Neuro

October 16, 2024 | 3:31 am

AAPL

ASML

MSFT

NVDA

Nvidia, Apple, and Microsoft are in a competitive race to reach a $4 trillion market cap, with a potential 20% surge in tech stocks by 2025 driven by the AI revolution. Analyst Dan Ives predicts these companies will lead the tech bull market.

Portfolio Pulse from Benzinga Neuro

October 16, 2024 | 1:44 am

CRLBF

GTBIF

JUSHF

TCNNF

VRNOF

Pennsylvania's GOP districts are increasingly supporting cannabis legalization due to economic distress, poverty, and the opioid crisis. This bipartisan support is seen as a potential solution for economic growth and harm reduction. The trend could serve as a model for other conservative states. Several cannabis companies, including Jushi Holdings, Cresco Labs, Green Thumb Industries, Verano Holdings, and Trulieve Cannabis, could benefit from potential legalization.

Portfolio Pulse from Nicolás Jose Rodriguez

October 16, 2024 | 1:33 am

RIO

Rio Tinto reports Q3 production results with slight increases in Pilbara iron ore and bauxite production, while aluminium and copper production saw slight declines. The company maintains a clear long-term growth strategy.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 9:31 pm

UNP

Union Pacific (NYSE:UNP) has significantly outperformed the market over the past 20 years, with an annualized return of 14.91%. A $100 investment in UNP 20 years ago would be worth $1,611.74 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 9:30 pm

APO

Apollo Global Management (NYSE:APO) has significantly outperformed the market over the past decade, with an annualized return of 19.66%. A $1000 investment in APO 10 years ago would now be worth $6,224.71. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 9:30 pm