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Revenues

LLY

The article provides a comprehensive analysis of Eli Lilly and Co (NYSE:LLY) in comparison to its competitors in the Pharmaceuticals industry. It highlights key financial indicators, market standing, and growth potential, showing that while Eli Lilly has high valuation ratios and strong revenue growth, it also faces challenges with lower EBITDA and gross profit.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 3:00 pm

SOLUSD

Solana's (SOL) price increased by 5.83% in the past 24 hours, continuing its positive trend with an 8.0% gain over the past week. The trading volume has increased by 7.0%, and the market cap is ranked #5 at $83.70 billion.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 3:00 pm

SYTA

Siyata Mobile Inc. (NASDAQ:SYTA) shares are trading higher after the company, in partnership with Verizon Communications Inc. (NYSE:VZ), introduced the Siyata SD7, a specialized push-to-talk device for first responders and enterprise clients. The company also announced significant new orders for its products.

Portfolio Pulse from Lekha Gupta

July 26, 2024 | 2:42 pm

IYG

JPM

XLF

JPMorgan Chase & Co. (NYSE:JPM) has launched an in-house generative AI tool named LLM Suite to enhance its research capabilities. The tool, similar to OpenAI's ChatGPT, is designed to assist with writing, idea generation, and document summarization. This rollout is one of the largest Wall Street implementations of an in-house developed large language model. JPMorgan's second-quarter revenue rose 22% year over year to $50.2 billion, beating the consensus of $42.3 billion, and adjusted EPS of $4.40, exceeding the consensus of $4.19. JPM shares are up 1.49% at $211.77.

Portfolio Pulse from Lekha Gupta

July 26, 2024 | 2:39 pm

Colgate-Palmolive has raised its FY24 organic sales growth guidance from 5-7% to 6-8%.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:31 pm

MANH

Manhattan Associates (NASDAQ:MANH) has significantly outperformed the market over the past 10 years, delivering an average annual return of 24.11%. A $1000 investment in MANH 10 years ago would be worth $8,234.71 today. The company's current market capitalization is $15.12 billion.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 2:31 pm

MRVL

Marvell Tech (NASDAQ:MRVL) has significantly outperformed the market over the past 5 years, delivering an average annual return of 19.54%. A $1000 investment in MRVL 5 years ago would be worth $2,403.96 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 2:31 pm

AAPL

AMKR

GFS

TSM

The Biden-Harris Administration and Amkor Technology (NASDAQ:AMKR) have signed a preliminary memorandum to provide up to $400 million in funding under the CHIPS and Science Act. This funding will support Amkor's $2 billion semiconductor packaging facility in Peoria, Arizona, expected to create 2,000 jobs and boost the domestic semiconductor supply chain. The facility will utilize advanced technology crucial for AI and high-performance computing. The initiative aims to enhance U.S. semiconductor manufacturing and supply chain security.

Portfolio Pulse from Shivani Kumaresan

July 26, 2024 | 2:26 pm

CGC

CRON

CWBHF

MAPS

TLLTF

Several cannabis companies, including Canopy Growth Corporation, WM Technology, Inc., Charlotte's Web Holdings, Inc., Cronos Group Inc., and TILT Holdings Inc., are set to report their earnings for the second quarter of 2024. Canopy Growth is expanding in Europe and has established an at-the-market equity program. WM Technology expects stable sales but lower EBITDA due to increased marketing spend. Charlotte's Web faced a significant revenue decline in the first quarter. Cronos Group saw a 30% increase in net revenue, driven by sales in Canada and Israel. TILT Holdings experienced disruptions in the vape hardware segment but sees growth opportunities in hemp-derived vapes.

Portfolio Pulse from Jelena Martinovic

July 26, 2024 | 2:16 pm

VALE

Vale's CEO expressed confidence in the company's H1 results, reinforcing their commitment to meet the top end of their 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:12 pm