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Following the Fed's rate cut, companies like Wayfair and T-Mobile are rushing to the bond markets to raise funds. Wayfair plans to issue $700 million in secured notes to repay debt, while T-Mobile is among 10 high-grade issuers seeking to raise $20-25 billion in the junk-bond market. The rate cut has lowered yields, making borrowing more attractive.

Portfolio Pulse from Michael Juliano

September 23, 2024 | 11:08 pm

TLT

Chicago Federal Reserve President Austan Goolsbee indicated potential interest rate cuts over the next year due to rising unemployment, signaling a shift from inflation to labor market focus. The iShares 20+ Year Treasury Bond ETF (TLT) fell 0.2% as U.S. Treasury bonds edged lower.

Portfolio Pulse from Piero Cingari

September 23, 2024 | 10:54 pm

BA

Boeing's stock rose as the company proposed a new labor deal to its striking machinist union workers, offering a 30% pay increase over four years and other benefits. The proposal aims to end a costly strike, but does not address pension restoration.

Portfolio Pulse from Adam Eckert

September 23, 2024 | 10:30 pm

AZO

AutoZone is expected to report strong Q4 earnings, with analysts predicting an EPS of $53.53 and revenue of $6.22 billion. The company has a history of beating earnings estimates and is expected to continue gaining market share. Analysts have mixed views on price targets, but overall sentiment remains positive.

Portfolio Pulse from Chris Katje

September 23, 2024 | 9:56 pm

META

Telegram's CEO Pavel Durov has agreed to share user data with authorities under legal requests, marking a shift in the company's privacy stance. This decision comes amid legal challenges and could impact Telegram's business model, potentially benefiting competitors like Signal and WhatsApp. Meta Platforms Inc. (NASDAQ:META) saw its stock reach a new all-time high following the news.

Portfolio Pulse from Stjepan Kalinic

September 23, 2024 | 9:31 pm

BKNG

TradePulse's Power Inflow alert indicates a shift from net selling to buying for Booking Holdings Inc. (NASDAQ:BKNG), suggesting rising investor confidence and a potential uptrend. BKNG's stock increased by over 40 points, signaling a bullish trend.

Portfolio Pulse from Finit

September 23, 2024 | 9:31 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) has significantly outperformed the market over the past 15 years, with an annualized return of 25.72%. A $1000 investment in ORLY 15 years ago would be worth $30,563.32 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 9:30 pm

ADBE

Adobe (NASDAQ:ADBE) has significantly outperformed the market over the past 20 years, with an annualized return of 16.54%. A $100 investment in Adobe 20 years ago would be worth $2,125.94 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 9:30 pm

GO

Grocery Outlet Holding (NASDAQ:GO) has received mixed analyst ratings over the past three months, with a shift towards more neutral stances and lowered price targets. The average 12-month price target has decreased by 18.08% to $23.43. Despite this, the company shows strong financial performance with positive revenue growth, high net margins, and effective debt management.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 9:01 pm

MCHP

Analysts have shown a negative shift in sentiment towards Microchip Technology (NASDAQ:MCHP), with a decrease in the average price target by 5.33%. The company's financials reveal challenges, including a significant decline in revenue growth and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 9:01 pm