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Revenues

AJG

Arthur J. Gallagher (NYSE:AJG) has outperformed the market over the past 20 years with an average annual return of 11.86%, surpassing the market by 3.3% annually. A $100 investment in AJG 20 years ago would now be worth $869.09.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:00 pm

DHI

D.R. Horton (NYSE:DHI) has significantly outperformed the market over the past 5 years, with an average annual return of 28.69%. A $1000 investment in DHI 5 years ago would now be worth $3,495.05, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:00 pm

COR

In the past three months, analysts have provided mixed ratings for Cencora (NYSE:COR), with most being somewhat bullish. The average 12-month price target has slightly decreased to $271.0. Cencora, a leading pharmaceutical wholesaler, shows strong financials with impressive revenue growth and profitability, but carries a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:00 pm

MULN

Mullen Automotive (NASDAQ:MULN) is implementing a 20% workforce reduction and cutting monthly spending to $7.3 million to improve cash flow. The company aims to generate $75 million in revenue over six months through Mullen Commercial and Bollinger Motors sales. MULN shares fell 7.17% following the announcement.

Portfolio Pulse from Lekha Gupta

October 07, 2024 | 1:50 pm

ESEA

Euroseas has secured a contract for its vessel M/V Jonathan P for a period of 11 to 13 months at a daily rate of $20,000. This contract provides revenue visibility and stability for the company over the next year.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 1:23 pm

CORZ

Core Scientific Inc (NASDAQ:CORZ) shares are gaining attention after the company released its September production update. The company mined 345 Bitcoin, bringing its year-to-date total to 5,621. Core Scientific also sold 370 Bitcoin for $22.2 million and is transitioning its data centers for AI GPU cloud workloads. The stock may also be benefiting from a recent rise in Bitcoin prices.

Portfolio Pulse from Adam Eckert

October 07, 2024 | 1:17 pm

NXPI

SEMI

SHOC

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) is constructing a semiconductor fab in Dresden, Germany, in collaboration with Infineon, NXP, and Bosch. This $11 billion project aims to strengthen Europe's semiconductor base. TSMC's stock has gained 104% in the past year, driven by AI demand, but faces challenges with increased power demand for advanced processes.

Portfolio Pulse from Anusuya Lahiri

October 07, 2024 | 1:13 pm

TTOO

T2 Biosystems has announced its expected Q4 revenue to be between $2.5 million and $3.5 million, which is below the estimated $3.7 million.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 1:13 pm

TTOO

T2 Biosystems reported preliminary Q3 revenue of $2.0 million, falling short of the estimated $2.8 million.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 1:11 pm

AMTM

Amentum has been awarded a $256 million contract by NASA for Fully Integrated Lifecycle Mission Support Services II. This contract highlights Amentum's role in providing mission support services to NASA.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 1:10 pm