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UWMC

UWM Holdings has issued a response to a short report by Hunterbrook, criticizing the hedge fund for sensationalizing public information to manipulate the stock market for its own gain. UWM Holdings refutes the claims made in the report, suggesting that Hunterbrook's actions are self-serving.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 9:31 pm

JLL

Over the past 20 years, Jones Lang LaSalle (NYSE:JLL) has produced an average annual return of 10.67%, outperforming the market by 2.84% on an annualized basis. With a current market capitalization of $8.97 billion, a $1000 investment in JLL 20 years ago would be worth $7,720 today. This showcases the significant impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 9:30 pm

LRCX

Over the past 15 years, Lam Research (NASDAQ:LRCX) has significantly outperformed the market, with an average annual return of 27.92%. A $1000 investment in LRCX 15 years ago would now be worth $41,145.47. The company currently has a market capitalization of $126.82 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 9:30 pm

FLNT

Fluent (NASDAQ:FLNT) reported Q4 earnings, beating estimated EPS by 100% with an EPS of $0.0 vs. an estimate of $-0.03. However, revenue decreased by $11.90 million from the same period last year. In the previous quarter, the company missed EPS estimates, resulting in a 16% share price drop the following day.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 9:10 pm

IE

RS

X

Nippon Steel commits to the United Steelworkers union in its $14.1 billion bid for U.S. Steel, promising $1.4 billion in capital spending and no layoffs through 2026. Ivanhoe Electric announces significant copper find in Montana, with promising drilling results. Iron ore prices rise due to optimism around China's industrial recovery. Reliance, Inc. acquires Ohio-based Mid-West Materials, focusing on North American manufacturing.

Portfolio Pulse from Austin DeNoce

April 02, 2024 | 9:02 pm

AGI

Alamos Gold (NYSE:AGI) has outperformed the market with an average annual return of 23.41% over the past 5 years, growing a $1000 investment to $2,914.34. The company currently has a market capitalization of $5.79 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 9:00 pm

SE

Sea (NYSE:SE) has significantly outperformed the market over the past 5 years, with an average annual return of 19.56%, turning a $100 investment into $237.39 today. The company's market capitalization stands at $31.05 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 9:00 pm

FANG

XLE

Energy stocks, led by the energy sector's strong performance in the S&P 500, are in the 'early innings' of a bullish trend, according to Tracey Ryniec, Value Stock Strategist at Zacks. Ryniec anticipates a shift from mega-cap tech to value stocks, including energy, driven by the price of West Texas Intermediate (WTI) crude oil stabilizing between $80 and $90 per barrel. Diamondback Energy, Inc. (FANG) and the SPDR Energy Select Sector Fund ETF (XLE) are highlighted as key assets to watch, with FANG trading at all-time highs and XLE gaining over 13% in Q1 2024.

Portfolio Pulse from Erica Kollmann

April 02, 2024 | 8:53 pm

CALM

Cal-Maine Foods, Inc. (NASDAQ:CALM) reported Q3 earnings of $3.00 per share, surpassing estimates of $2.46, and sales of $703.08 million, beating estimates of $692.35 million but marking a 29.52% decrease from the previous year. The company faced a setback with a facility in Texas testing positive for avian influenza, affecting about 3.6% of its total flock. Despite this, the company managed to achieve record sales volumes, attributed to strong demand and higher market prices due to supply constraints from avian influenza outbreaks.

Portfolio Pulse from Erica Kollmann

April 02, 2024 | 8:50 pm

VIEW

View, Inc. shares are trading lower following the announcement of a deal with Cantor Fitzgerald and RXR for the company to go private.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:49 pm