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Revenues

GOOG

GOOGL

Alphabet Inc. announced that YouTube, acquired for $1.65 billion in 2006, has generated $50 billion in revenue over the past year. This success is attributed to its expansion into premium services and living room entertainment, competing with traditional TV and streaming services. Alphabet's strong quarterly performance exceeded Wall Street expectations, with a 15% revenue increase year-over-year.

Portfolio Pulse from Kaustubh Bagalkote

October 30, 2024 | 3:53 am

AAPL

GOOGL

Alphabet Inc. CEO Sundar Pichai discussed potential 'unintended consequences' of DOJ proposals during the company's Q3 earnings call. The DOJ is considering breaking up Google due to its monopoly in the search market, which could affect its deal with Apple. Despite legal challenges, Alphabet reported a 15% revenue increase, with shares rising in after-hours trading.

Portfolio Pulse from Ananya Gairola

October 30, 2024 | 3:32 am

NVDA

ORCL

Crusoe Energy, a data center startup, has raised $500 million led by Founders Fund to expand its AI infrastructure. The investment values Crusoe at $3 billion, highlighting the growth of the neocloud industry. The funds will help acquire NVIDIA's AI chips and finance a new data center in Texas, leased to Oracle.

Portfolio Pulse from Benzinga Neuro

October 30, 2024 | 2:43 am

GOOG

GOOGL

NVDA

Alphabet Inc.'s Google is gaining a competitive edge in the data center sector with its custom in-house chips, which are second only to NVIDIA's in performance. This strategy has improved Google's cloud division margins and revenue growth, highlighting its strategic growth in the cloud market.

Portfolio Pulse from Kaustubh Bagalkote

October 30, 2024 | 1:49 am

HURN

Huron Consulting Group has raised its FY2024 adjusted EPS guidance to $6.00-6.20, slightly above the analyst estimate of $6.00. The company also narrowed its revenue guidance to $1.47B-$1.49B, aligning closely with the $1.48B estimate.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:30 pm

BLX

Banco Latinoamericano (NYSE:BLX) reported a 15.2% increase in Q3 EPS to $1.44 and an 8.08% increase in sales to $77.60 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:04 pm

RUSHB

Rush Enterprises reported a slight increase in Q3 EPS to $0.97, up from $0.96 YoY, but experienced a decline in sales to $1.90B from $1.98B YoY.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:49 pm

RUSHA

Rush Enterprises reported Q3 earnings of $0.97 per share, surpassing the $0.82 estimate, and sales of $1.90 billion, exceeding the $1.84 billion estimate. Despite beating estimates, sales decreased by 4.29% compared to last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:46 pm

DE

Deere (NYSE:DE) has outperformed the market over the past 5 years with an average annual return of 17.79%, resulting in a $100 investment growing to $230.56. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 9:30 pm

IR

Ingersoll Rand (NYSE:IR) has significantly outperformed the market over the past 5 years, with an average annual return of 23.8%. A $1000 investment in IR 5 years ago would now be worth $2,960.73, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 9:30 pm