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Revenues

UBS

UBS Group AG (NYSE:UBS) has significantly outperformed the market over the past 5 years, with an annualized return of 23.15%, resulting in a $1000 investment growing to $2,822.79. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 2:36 pm

BABA

Alibaba Group Holding (NYSE:BABA) is targeting double-digit sales growth for Singles' Day in Hong Kong by waiving delivery fees for Taobao users. This initiative is part of a 1 billion yuan campaign and aligns with China's fiscal stimulus efforts. Taobao has already seen significant growth in Hong Kong, and Alibaba is focusing on international markets due to domestic competition. The company is also introducing a software service fee to boost merchant revenue.

Portfolio Pulse from Anusuya Lahiri

October 18, 2024 | 2:33 pm

SPY

Federal Reserve's Raphael Bostic suggests potential slowdown in investment and household spending due to election uncertainty.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 2:31 pm

ALV

Autoliv, Inc. (NYSE:ALV) shares rose despite mixed Q3 results. The company missed EPS expectations but exceeded revenue forecasts. Sales in China were impacted by a negative mix, but the company anticipates gaining market share with Chinese OEMs. Autoliv adjusted its 2024 sales growth outlook downward but reaffirmed its operating margin guidance.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2024 | 2:24 pm

MCBS

MetroCity Bankshares reported Q3 2024 earnings per share of $0.65, meeting analyst expectations. The company's sales were $36.904 million, surpassing the $36.200 million estimate and marking a 36.40% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 2:15 pm

CPB

Campbell Soup Inc. (NASDAQ:CPB) shares are trading at $48.48, with a recent drop of 0.47%. Over the past month, the stock decreased by 5.33%, but increased by 22.70% over the past year. The company's P/E ratio is 25.77, lower than the Food Products industry average of 33.69, suggesting potential undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 2:15 pm

AMD

Advanced Micro Devices (NASDAQ:AMD) has significantly outperformed the market over the past decade, with an annualized return of 50.17%. A $1000 investment in AMD 10 years ago would now be worth $59,401.52. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 2:05 pm

SLB

Schlumberger's CEO, Olivier Le Peuch, announced that the company expects muted revenue growth in Q4, following a steady revenue of $9.16 billion in Q3.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 2:04 pm

AAPL

DOGE

NFLX

TSM

The article covers a range of topics including a 20% surge in iPhone 16 sales in China, Netflix's Q3 earnings boosting US market optimism, and a potential crypto surge as US elections and a Fed rate cut approach. It also mentions TSMC's impact on the Dow, Dogecoin's rally, and various political and economic developments.

Portfolio Pulse from Akanksha Bakshi

October 18, 2024 | 2:02 pm

ELV

Analysts have mixed views on Elevance Health (NYSE:ELV) with recent ratings showing a slight shift towards bullish sentiment. The average 12-month price target has decreased by 4.8% to $573.91. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Elevance Health, a leading U.S. health insurer, has shown strong revenue growth but faces challenges with net margins.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 2:01 pm