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TSLA

Over the past 10 years, Tesla (NASDAQ:TSLA) has significantly outperformed the market, with an average annual return of 30.61%, turning a $1000 investment into $15,659.79. Tesla's market capitalization currently stands at $643.68 billion.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 2:01 pm

GE

GEHC

GE HealthCare Technologies Inc. (NASDAQ:GEHC) shares are falling in premarket trading after announcing a secondary underwritten public offering of 13 million shares at $82.25 each. General Electric Company (NYSE:GE) plans to exchange these shares for indebtedness held by MS Lenders, affiliates of Morgan Stanley. GEHC will not receive proceeds from this offering or the debt-for-equity exchange. Despite a positive forecast from HSBC and a strong Q4 sales report, GEHC shares dropped 2.60% to $83.40 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

February 16, 2024 | 2:00 pm

RIG

Transocean (NYSE:RIG) is scheduled to release its quarterly earnings report on Monday, 2024-02-19, with analysts expecting an EPS of $-0.24. The company's past earnings performance shows a trend of missing EPS estimates, leading to negative stock price movements the following day. Shares of Transocean have decreased by 26.46% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 2:00 pm

JELD

JELD-WEN Holding (NYSE:JELD) is expected to report Q4 earnings on February 19, 2024, with an estimated EPS of $0.27. Analysts and investors will be looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows a mix of beats and misses, with significant price changes following the announcements. Shares are currently trading at $19.78, up 51.92% over the last year.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 2:00 pm

DOOR

Masonite International (NYSE:DOOR) is scheduled to release its quarterly earnings report on Monday, 2024-02-19, with analysts estimating an EPS of $1.31. The company's past performance includes a miss on EPS by $0.02 last quarter, leading to a 4.22% drop in share price the following day. Shares have risen 54.95% over the last 52 weeks, trading at $129.74 as of February 15. Investors are looking for not just an earnings beat but also positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 2:00 pm

LECO

Lincoln Electric Holdings (NASDAQ:LECO) has received mixed analyst ratings over the past three months, with an updated average 12-month price target of $229.00, reflecting a 7.51% increase from the previous target. Analysts from Keybanc, Jefferies, Morgan Stanley, and Stifel have adjusted their ratings and price targets, indicating varied expectations for LECO's performance. The company, a leader in welding and cutting products, reported a 10.48% revenue growth for Q3 2023, a net margin of 12.52%, and an ROE of 10.66%, outperforming industry averages despite a high debt-to-equity ratio of 0.91.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 2:00 pm

BSM

Black Stone Minerals (NYSE:BSM) is scheduled to release its quarterly earnings report on February 19, 2024. Analysts predict an EPS of $0.49. The company's past earnings performance shows mixed results with both misses and beats in previous quarters. Shares were trading at $15.33 as of February 15, with a 0% change over the last 52-week period. Investors are keen on the upcoming earnings and particularly on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 2:00 pm

DIS

FOX

NFLX

PARA

WBD

The Justice Department is reviewing a proposed joint streaming service by Disney (DIS), Fox (FOX/FOXA), and Warner Bros. Discovery (WBD), focusing on potential consumer harm and sports rights control. The service, combining ESPN, ABC, Fox, TNT, and TBS content, could control 55% of US sports rights. Concerns include price inflation and limited rights-selling options for sports leagues. The review is part of broader antitrust scrutiny in sports and media. Disney is also evaluating its TV network strategy, considering sales or shifts to joint ventures, amid broader challenges in the streaming market.

Portfolio Pulse from Anusuya Lahiri

February 16, 2024 | 1:58 pm

ETHUSD

SOLUSD

Open AI's unveiling of its text-to-video model Sora led to the creation and explosive growth of a Sora memecoin on Ethereum, which saw a 261,000% increase in market cap within 15 hours. A separate Sora AI token on Solana also saw significant gains. This event highlights the trend of memecoins capitalizing on trending topics, with AI-related coins gaining attention amidst the broader discussion on the speculative nature of such investments.

Portfolio Pulse from Ivan Crnogatić

February 16, 2024 | 1:57 pm

PENN

PENN Entertainment (NASDAQ:PENN) reported Q4 results below expectations with revenue of $1.4 billion against a consensus of $1.53 billion and a loss of $1.75 per share versus an expected loss of 52 cents. The company's shares dropped 13.8% following the announcement. Analysts from Needham and Macquarie adjusted their price targets for PENN, with Needham reducing it from $33 to $32 and maintaining a Buy rating, and Macquarie cutting it from $35 to $33 while keeping an Outperform rating.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 1:57 pm