Streetbeat News

Revenues

PPG

In the past three months, 7 analysts have provided ratings for PPG Industries (NYSE:PPG), showing a range of opinions from bullish to bearish. The average 12-month price target has decreased by 2.89% to $148.71. Analysts have recently lowered their price targets, reflecting a cautious outlook. PPG's financials show strong profitability and financial health, but revenue growth has been challenging.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 5:01 pm

CPRI

Analysts have provided mixed ratings for Capri Holdings (NYSE:CPRI) over the past three months, with a current average price target of $41.0, slightly down from $41.75. The company's financials show a decline in revenue but strong net margin and ROE compared to industry averages.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 5:01 pm

DLR

Digital Realty Trust (NYSE:DLR) has outperformed the market over the past 20 years with an average annual return of 13.93%, resulting in a $1000 investment growing to $13,583.33. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 5:01 pm

GE

GE Aero (NYSE:GE) has significantly outperformed the market over the past 5 years, with an annualized return of 33.75%. A $1000 investment in GE 5 years ago would now be worth $4,411.23. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 5:01 pm

EQIX

Equinix (NASDAQ:EQIX) has received diverse analyst ratings over the past three months, with a majority being bullish. Analysts have raised their price targets, reflecting positive sentiment. Equinix's financials show strong revenue growth but challenges in profitability and return on equity.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 5:00 pm

CERS

GEVO

IRDM

LCID

NIXX

PAL

U.S. stocks rose with the Nasdaq Composite gaining 0.5% as retail sales exceeded expectations. Gevo, Inc. surged 18% after securing a $1.46 billion DOE loan, while Nixxy, Inc. soared 116% on business updates. Iridium Communications rose 16% on strong earnings. Proficient Auto Logistics fell 23% due to expected lower net income, and Cerus Corporation dropped 20% after program updates. Lucid Group declined 15% following an investment announcement.

Portfolio Pulse from Avi Kapoor

October 17, 2024 | 4:45 pm

GLD

QQQ

TLT

Stronger-than-expected September retail sales have sparked debate about the Federal Reserve's next interest rate move, with analysts reconsidering the likelihood of a rate cut in November. The retail sales data led to a rise in Treasury yields, impacting Treasury-related assets and stock market gains.

Portfolio Pulse from Piero Cingari

October 17, 2024 | 4:20 pm

COIN

Coinbase and Glassnode's Q4 Guide to Crypto Markets report highlights the growth and maturity of the crypto market, driven by Bitcoin ETFs, Ethereum staking, and stablecoins. Despite Bitcoin's stagnant price, the market shows sophistication with increased on-chain activity and trading volumes. Ethereum's market share in fees has risen significantly, and the stablecoin market cap reached a new high. The report suggests potential for future Bitcoin price appreciation following historical patterns.

Portfolio Pulse from Ivan Crnogatić

October 17, 2024 | 4:11 pm

MSFT

OpenAI and Bain & Co. are expanding their partnership to sell OpenAI's AI tools, including ChatGPT, to businesses. Bain's consultants have received licenses for ChatGPT Enterprise, and the partnership aims to develop industry-specific AI tools. OpenAI has one million business customers and is focusing on expanding its reach in various industries.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 4:05 pm

GAME

GameSquare Holdings, Inc. (NASDAQ:GAME) shares surged after announcing preliminary Q3 results, exceeding revenue expectations and improving EBITDA. The company raised its 2024 revenue guidance and anticipates cost savings from the FaZe Clan acquisition.

Portfolio Pulse from Nabaparna Bhattacharya

October 17, 2024 | 4:04 pm