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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

AXON

Axon Enterprise (NASDAQ:AXON) has significantly outperformed the market over the past 5 years, with an annualized return of 52.14%. A $1000 investment in AXON 5 years ago would now be worth $8,289.40, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 4:02 pm

FSLR

First Solar (NASDAQ:FSLR) has significantly outperformed the market over the past decade, with an average annual return of 14.22%. A $1000 investment in FSLR 10 years ago would be worth $3,672.40 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 4:02 pm

RWT

Analysts have recently evaluated Redwood Trust (NYSE:RWT), with a mix of bullish and bearish perspectives. The average 12-month price target has increased by 9.25% to $8.15. Analysts have raised their ratings and price targets, reflecting positive sentiment. Redwood Trust has shown strong financial performance with a 52.16% revenue growth rate and a net margin of 21.71%. However, its debt-to-equity ratio is notably high at 12.99.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 4:01 pm

USB

U.S. Bancorp (NYSE:USB) received mixed analyst ratings, with a majority being somewhat bullish. The average 12-month price target increased by 5.01% to $53.44. Despite positive analyst sentiment, U.S. Bancorp faces challenges with declining revenue, low net margin, and below-average ROE and ROA.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 4:01 pm