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EW

Edwards Lifesciences (NYSE:EW) has significantly outperformed the market over the past 20 years, delivering an average annual return of 19.18%. A $1000 investment in EW 20 years ago would be worth $33,224.93 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 5:30 pm

LLY

NVO

A study published in JAMA Network found that GLP-1 treatments, such as Novo Nordisk's semaglutide and Eli Lilly's tirzepatide, reduce the risk of ten types of obesity-related cancers in type 2 diabetes patients. The study analyzed data from 1.6 million patients and highlighted the potential cancer prevention benefits of GLP-1 drugs. Novo Nordisk's semaglutide also showed significant benefits in reducing kidney disease progression and cardiovascular death, while Eli Lilly's tirzepatide demonstrated efficacy in treating obstructive sleep apnea.

Portfolio Pulse from Vandana Singh

July 05, 2024 | 5:28 pm

IWF

META

XLC

Meta Platforms, Inc (NASDAQ:META) stock hit an all-time high of $535.69, driven by advancements in AI and generative technology. Meta's new AI models predict multiple future words simultaneously, enhancing performance and reducing training times. The company plans to integrate generative AI into its VR, AR, and mixed reality games, focusing on Horizon. Meta's Threads has grown to over 175 million monthly users. Analyst Laura Martin expects increased GPU investments for AI integration. Investors can gain exposure via XLC and IWF ETFs.

Portfolio Pulse from Anusuya Lahiri

July 05, 2024 | 5:23 pm

ORCL

Recent unusual options activity for Oracle (NYSE:ORCL) indicates a bearish sentiment among big-money traders, with 66% of the trades being bearish. The options trades have targeted a price range of $125.0 to $146.0. Analysts have mixed ratings on Oracle, with target prices ranging from $110 to $170.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 5:19 pm

MRK

Financial giants have shown a bearish sentiment towards Merck & Co (NYSE:MRK) through unusual options activity. Analysis revealed 75% of trades were bearish, with significant trading volumes and open interest in the $90.0 to $130.0 price band. The stock is currently down by -0.68% at $125.0, with an average analyst target price of $155.0.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 5:19 pm

ARM

SFTBF

SFTBY

SoftBank Group Corp has reached a 24-year high in its stock price, driven by strategic moves in AI and the strong performance of its chip-design subsidiary, Arm Holdings Plc. Arm's stock has surged nearly 124% this year, significantly contributing to SoftBank's market cap. SoftBank's Vision Fund is also showing signs of recovery, buoyed by a broader tech stock recovery and a strategic shift towards AI investments. Analysts see potential for further appreciation in SoftBank's stock price.

Portfolio Pulse from Surbhi Jain

July 05, 2024 | 5:09 pm

LYV

Hackers have leaked alleged Taylor Swift tickets and are increasing their extortion efforts against Ticketmaster. This incident could impact Ticketmaster's parent company, Live Nation Entertainment (LYV), by affecting consumer trust and potentially leading to financial and reputational damage.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 5:08 pm

AMBP

AMZN

QCOM

The CNBC Halftime Report highlighted final trades including Amazon.com, QUALCOMM, and Ardagh Metal Packaging S.A. These companies are expected to see short-term movements based on the recommendations.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 5:04 pm

UAL

Investors with significant capital have taken a bearish stance on United Airlines Holdings (NASDAQ:UAL), as observed through unusual options trades. Benzinga's options scanner detected 10 uncommon trades, with a split sentiment of 30% bullish and 50% bearish. The trades suggest a price range of $33.0 to $60.0 for UAL over the next three months. The current market price of UAL is $48.3, down 0.43%, with RSI indicators hinting at an oversold condition. An analyst from Redburn Atlantic recently upgraded UAL to Buy with a price target of $70.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 5:03 pm

SAIA

Saia (NASDAQ:SAIA) has significantly outperformed the market over the past 15 years, delivering an average annual return of 27.72%. A $100 investment in SAIA 15 years ago would be worth approximately $3,990.67 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 5:00 pm