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EQIX

Equinix Inc.'s shares have increased by 5.93% in the past three months. The company's total debt stands at $15.63 billion, with $15.47 billion in long-term debt and $165.32 million in current debt. After adjusting for $2.64 billion in cash-equivalents, the net debt is $12.99 billion. Equinix has $31.27 billion in total assets, making the debt-ratio 0.5. Debt is an important factor in a company's capital structure and contributes to its growth.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 5:31 pm

JPM

Over the past 15 years, JPMorgan Chase (NYSE:JPM) has outperformed the market by 1.14% on an annualized basis, producing an average annual return of 9.74%. If an investor had bought $100 of JPM stock 15 years ago, it would be worth $410.07 today.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 5:30 pm

ITW

Illinois Tool Works (NYSE:ITW) has outperformed the market over the past 20 years, producing an average annual return of 10.58%. If an investor had bought $100 of ITW stock 20 years ago, it would be worth $760.28 today. The company currently has a market capitalization of $75.84 billion.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 5:30 pm

NVDA

SNOW

TSLA

TSM

Nvidia Corp (NVDA) is benefiting from the artificial intelligence boom, with Snowflake Inc (SNOW) using Nvidia's technology for AI applications and a strong demand for Nvidia GPUs in China. However, Tesla Inc (TSLA) is planning to reduce its reliance on Nvidia by developing its own AI chips. Despite the positive outlook, a finance professor at NYU values Nvidia's shares at $240, well below the current price of $415.08.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 5:26 pm

NKTX

Nkarta Inc (NASDAQ:NKTX) announced updated data from the Phase 1 study of NKX101 for treating acute myeloid leukemia (AML). The results showed a 67% complete response rate in one cohort and a 22% complete response rate in another. However, the company's shares fell by 34.20% following the announcement.

Portfolio Pulse from Vandana Singh

June 27, 2023 | 5:23 pm

SPY

Federal Reserve Governor Lael Brainard stated that the U.S. economy is showing resilience, suggesting that it may avoid a recession. This statement could impact investor sentiment and the broader market, including the SPDR S&P 500 ETF (SPY).

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 5:20 pm

LLY

NRBO

NVO

NeuroBo Pharmaceuticals' weight loss candidate, DA-1726, has shown superior weight loss efficacy in preclinical testing compared to Semaglutide and Tirzepatide, products of Novo Nordisk and Eli Lilly respectively. DA-1726 also demonstrated superior efficacy compared to cotadutide in reducing body weight and improving plasma glucose, insulin, and HOMA-IR in diet-induced obese mice. NeuroBo plans to initiate a phase 1a safety study for DA-1726 in 1H of 2024.

Portfolio Pulse from Vandana Singh

June 27, 2023 | 5:20 pm

CARS

JP Morgan has initiated coverage on Cars.Com with an Overweight rating and a price target of $23. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 5:19 pm

CTRA

JP Morgan has upgraded Coterra Energy's stock from Neutral to Overweight, leading to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 5:17 pm

LEN

Unusual options activity has been observed for Lennar (NYSE:LEN), with a split sentiment between bullish and bearish. The activity includes 4 puts for a total of $195,145 and 6 calls for a total of $268,809. Whales have been targeting a price range from $95.0 to $150.0 for Lennar over the last 3 months. The current price of LEN is up 3.83% at $125.71. Analysts have mixed opinions, with Deutsche Bank downgrading to Sell and a price target of $105, while BTIG maintains a Buy rating with a price target of $148.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 5:17 pm