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CRM

Salesforce Inc (NYSE:CRM) shares are in focus ahead of its earnings report. Analysts expect earnings of $2.38 per share and revenue of $9.147 billion. Salesforce has a history of beating estimates and recently declared its first-ever cash dividend and increased its share repurchase program by $10 billion. Recent analyst ratings include an Outperform from RBC Capital, a price target cut from Wells Fargo, and a Buy from Goldman Sachs.

Portfolio Pulse from Adam Eckert

May 29, 2024 | 4:01 pm

DIS

Walt Disney Company (NYSE:DIS) shares are trading lower on Wednesday following the departure of senior executive Lisa Valentino from Disney Advertising Sales. This comes amid Disney's ongoing 'upfront' negotiations with advertisers. Additionally, Pixar Animation Studios has started implementing layoffs, releasing approximately 175 staff members due to reduced production for Disney+. CEO Bob Iger has announced plans to cut marketing expenses for Disney+ and expects the parks business to grow nicely over the long term, though not at the double-digit growth rates seen in recent years.

Portfolio Pulse from Nabaparna Bhattacharya

May 29, 2024 | 4:01 pm

ANIK

Analysts have mixed ratings for Anika Therapeutics (NASDAQ:ANIK) with a blend of bullish and indifferent perspectives. The average 12-month price target is $30.0, with a high of $37.00 and a low of $22.00. Recent ratings include 'Equal-Weight' and 'Outperform' with price targets ranging from $22.00 to $37.00. The company's financial performance shows a revenue growth rate of 6.85%, a net margin of -11.14%, an ROE of -2.15%, and an ROA of -1.69%.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 4:00 pm

CNC

Centene (NYSE:CNC) has significantly outperformed the market over the past 15 years, delivering an average annual return of 19.85%. A $1000 investment in CNC 15 years ago would be worth $15,233.26 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 4:00 pm

MSCI

MSCI (NYSE:MSCI) has significantly outperformed the market over the past 10 years, with an annualized return of 27.4%, compared to the market's 16.84%. A $1000 investment in MSCI 10 years ago would be worth $11,270.94 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 4:00 pm

CNQ

DVN

EOG

MPC

NAT

NCSM

TTP

VLO

Shares of oil and gas companies are trading lower amid a drop in the price of crude.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:00 pm

GLD

Gold prices are declining as the US dollar strengthens and Treasury yields increase.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:00 pm

JPYUSD

JPY/USD is trading lower as the dollar rises amid an increase in Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 3:58 pm

FXE

UUP

EUR/USD is trading lower as the dollar rises amid an increase in Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 3:58 pm

TLT

UUP

GBP/USD is trading lower as the dollar rises amid an increase in Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 3:58 pm