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XHR

Xenia Hotels & Resorts shares surged following the announcement of Q1 earnings that exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:39 pm

TDS

Telephone And Data Systems (TDS) shares are trading lower after the company reported its Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:35 pm

BTCUSD

10x Research identifies a crucial level for Bitcoin at $62,000, suggesting a failure to surpass this could confirm a 'fake dip'. The firm highlights Bitcoin's relative strength retracing to 40% and notes the importance of bullish events like Yellen's deposit insurance proposal, Blackrock and Franklin Templeton's Bitcoin ETF filings, and a drop in U.S. Core PCE. Despite these, the current trend is bearish, resembling a top pattern rather than sideways movement, with a potential further drop to the low $50,000s.

Portfolio Pulse from Ivan Crnogatić

May 03, 2024 | 7:34 pm

PARA

SONY

Paramount is reportedly stepping back from its deal with Skydance, creating uncertainty about the future collaboration between the two. This move could affect Paramount's strategic positioning and content pipeline, as Skydance has been a significant content provider.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:33 pm

WDAY

Over the past 10 years, Workday (NASDAQ:WDAY) has outperformed the market with an annualized return of 14.32%, turning a $100 investment into $379.02 today. Workday's market capitalization currently stands at $67.57 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:30 pm

HD

Over the past 20 years, Home Depot (NYSE:HD) has produced an average annual return of 12.31%, outperforming the market by 4.31% on an annualized basis. With a current market capitalization of $338.65 billion, an initial investment of $1000 in HD stock 20 years ago would be worth $10,218.60 today.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 7:30 pm

ADAUSD

BTCUSD

ETHUSD

SOLUSD

XRPUSD

Cryptocurrencies are experiencing an uptick in trading values due to a risk-on sentiment spurred by recent US jobs data.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:27 pm

AAPL

Apple Inc. (AAPL) shares surged over 7%, marking its best session since November 2022 and breaking above its 200-day moving average for the first time in four months. The rally followed a quarterly report that exceeded expectations with sales of $90.75 billion and EPS of $1.53, alongside the announcement of a record $110 billion share buyback program and a $0.25 per share dividend. Analysts have adjusted their price targets, with JP Morgan Chase & Co. raising it to $225, Barclays to $164, and Rosenblatt to $196.

Portfolio Pulse from Piero Cingari

May 03, 2024 | 7:27 pm

ICE

JP Morgan analyst Ken Worthington maintains an Overweight rating on Intercontinental Exchange (NYSE:ICE) and raises the price target from $147 to $151.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:23 pm

BNO

USO

Oil prices declined due to a significant increase in US crude oil inventories, with investors also evaluating recent jobs data and the Federal Reserve's policy direction.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:22 pm