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HWM

Howmet Aerospace (NYSE:HWM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 33.9%. A $100 investment in HWM 5 years ago would now be worth $430.24. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 8:00 pm

CVLG

Covenant Logistics shares are trading higher after the company reported better-than-expected Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 7:57 pm

WTW

Willis Towers Watson shares are trading higher after the company reported better-than-expected Q2 earnings and raised its FY24 EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 7:56 pm

CRM

NOW

Salesforce (NYSE:CRM) shares are rising, potentially influenced by ServiceNow's (NYSE:NOW) strong Q2 earnings. Significant options trading for Salesforce shows mixed sentiment. ServiceNow's revenue and EPS exceeded expectations, boosting its shares by 6.04%. Both companies are expanding into AI-driven customer support solutions, increasing competition in the CRM and enterprise software market.

Portfolio Pulse from Vaishali Prayag

July 25, 2024 | 7:54 pm

AZN

The FDA Advisory Committee reviewed AstraZeneca's Imfinzi for resectable non-small cell lung cancer based on Phase III trial results. AstraZeneca reported that Imfinzi met its primary endpoint of event-free survival and was generally well tolerated with no new safety signals.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 7:49 pm

MRK

Financial giants have made significant bearish moves on Merck & Co (NYSE:MRK) through options trading. Analysis reveals 55% bearish sentiment with a focus on a price range of $120.0 to $130.0. The stock is currently trading at $126.42 with an upcoming earnings announcement in 5 days.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 7:46 pm

NOW

SNOW

Snowflake Inc. (NYSE:SNOW) shares are trading higher, likely benefiting from strong quarterly results from ServiceNow Inc. (NYSE:NOW). ServiceNow reported second-quarter revenue of $2.627 billion, surpassing estimates, which has driven positive sentiment in the market. Snowflake shares were up by 4.20% at $130.90.

Portfolio Pulse from Vaishali Prayag

July 25, 2024 | 7:45 pm

MMM

3M Co (NYSE:MMM) is set to report its Q2 earnings on July 25, with Wall Street expecting $1.68 EPS and $5.9 billion in revenues. The stock has shown a 19.01% increase over the past year and 13.52% year-to-date. Technical indicators present mixed signals, with the stock price above the 50-day and 200-day SMAs but slightly below the 8-day SMA. Analysts have a Neutral rating with a price target of $122.19, suggesting a 14% upside.

Portfolio Pulse from Surbhi Jain

July 25, 2024 | 7:41 pm

META

XLC

Meta Platforms Inc (NASDAQ:META) shares are trading lower due to an impending EU antitrust fine for linking its Marketplace service with Facebook. The fine could be up to $13.4 billion, representing 10% of its 2023 global revenue. The European Commission's decision is expected by September or October. Meta's stock has gained over 56% in the last 12 months. Investors can gain exposure to Meta via Vanguard Communication Services ETF (VOX) and Communication Services Select Sector SPDR Fund (NYSE:XLC).

Portfolio Pulse from Shivani Kumaresan

July 25, 2024 | 7:32 pm

UBS

UBS Group (NYSE:UBS) has significantly outperformed the market over the past 5 years, delivering an average annual return of 21.86%. A $1000 investment in UBS 5 years ago would be worth $2,661.53 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 7:30 pm