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LULU

TGT

Lululemon Athletica Inc. (LULU) shares rose following Target's strong Q2 earnings, which boosted sentiment in the retail sector. Target's results showed significant year-over-year growth in EPS and operating income, with notable improvements in apparel sales. Investors are now anticipating Lululemon's Q2 earnings report on August 29.

Portfolio Pulse from Vaishali Prayag

August 21, 2024 | 9:31 pm

TEVA

Teva Pharmaceutical Industries (NYSE:TEVA) has outperformed the market over the past 5 years, achieving an average annual return of 21.99%. A $1000 investment in TEVA 5 years ago would now be worth $2,443.40, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 9:30 pm

FANG

Diamondback Energy (NASDAQ:FANG) has outperformed the market over the past 5 years, with an average annual return of 15.65%. A $100 investment in FANG 5 years ago would now be worth $204.41, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 9:30 pm

SCHW

Charles Schwab shares declined after TD Bank sold 40.50 million shares, reducing its ownership from 12.3% to 10.1%.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 9:25 pm

SCHW

TD

TD Bank has taken a $2.6 billion provision in its Q3 financial results for anticipated fines related to U.S. AML matters. The bank expects to offset this partially through the sale of Schwab shares.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 9:16 pm

WOLF

Wolfspeed, Inc. reported worse-than-expected Q4 and FY24 financial results, with losses and revenue missing analyst estimates. Despite this, the stock climbed 6.22% after-hours. The company is focusing on optimizing its capital structure and improving performance at its Mohawk Valley fab.

Portfolio Pulse from Erica Kollmann

August 21, 2024 | 9:15 pm

SCHW

TD

TD Bank has sold 40.50 million shares of Charles Schwab, reducing its ownership from 12.3% to 10.1%. TD has agreed not to sell more shares for 45 days, with some exceptions, and has no current plans to divest further.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 9:14 pm

SPY

Foreign banks gained early access to U.S. labor data due to a delay by the Bureau of Labor Statistics (BLS), raising concerns about data integrity. The SPDR S&P 500 ETF Trust (SPY) saw gains following the eventual release, driven by optimism over potential Federal Reserve rate cuts.

Portfolio Pulse from Piero Cingari

August 21, 2024 | 9:13 pm

GOVX

GeoVax Labs Inc (NASDAQ:GOVX) shares surged 47% on Wednesday following news of a confirmed mpox case in Michigan's Wayne County. The company, which develops vaccines, has previously published data suggesting its vaccines help prevent mpox. The stock remains volatile in after-hours trading.

Portfolio Pulse from Adam Eckert

August 21, 2024 | 9:05 pm

ADP

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 10 years with an average annual return of 13.8%, resulting in a $1000 investment growing to $3,651.31. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 9:00 pm