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BAH

Booz Allen Hamilton (NYSE:BAH) has delivered an average annual return of 20.03% over the past 10 years, outperforming the market by 9.49%. A $100 investment in BAH a decade ago would be worth $630.15 today, showcasing the impact of compounded returns on investment growth. The company currently holds a market capitalization of $19.15 billion.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 3:00 pm

FLEX

Flex (NYSE:FLEX) has seen a 19.67% increase in its short percent of float since the last report, with 8.02 million shares sold short, representing 2.19% of its available trading shares. It would take about 1.94 days to cover these short positions. This rise in short interest indicates a more bearish market sentiment towards Flex, although it has less short interest compared to its peer group average of 2.53%.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 3:00 pm

AVGO

Broadcom (NASDAQ:AVGO) is analyzed alongside competitors in the Semiconductors & Semiconductor Equipment industry, highlighting its financial performance and market positioning. Despite a lower PE ratio suggesting potential undervaluation, Broadcom's high PB and PS ratios may indicate overvaluation. Its ROE is below the industry average, suggesting inefficiency in utilizing equity. However, Broadcom's EBITDA, gross profit, and revenue growth are significantly above the industry average, indicating strong operational performance and growth potential.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 3:00 pm

BNBUSD

BNB's price has decreased by 4.08% in the last 24 hours to $565.9, marking a continuation of its 7.0% decline over the past week from $606.46. The trading volume for BNB has decreased by 13.0% over the past week, while the circulating supply has increased by 0.26% to 153.86 million, representing 76.93% of its max supply. BNB's current market cap ranking is #4 at $87.53 billion.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 3:00 pm

VIK

Viking Holdings Ltd (NYSE:VIK) is set to IPO on May 01, offering shares priced between $21.00 and $25.00. The company, known for its destination-focused and culturally immersive travel experiences, operates a fleet of 92 ships. An insider lock-up period is set for 180 days, ending on October 28, 2024.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 3:00 pm

DJT

Former President Donald Trump was fined $9,000 for violating a gag order nine times in his hush money criminal trial. Judge Juan Merchan ruled the violations and ordered Trump to remove the offending posts from his Truth Social account. Trump Media & Technology Group (NASDAQ:DJT), associated with Truth Social, could be impacted by these developments. The trial is expected to last six to eight weeks, with Trump facing a maximum penalty of four years in prison per charge if convicted.

Portfolio Pulse from Chris Katje

April 30, 2024 | 2:57 pm

BLND

LLY

WGS

Eli Lilly raised its FY24 revenue guidance, leading to a 6.6% surge in its shares. Other companies like GeneDx Holdings, Blend Labs, and LendingTree also reported positive financial results or strategic moves, contributing to significant stock gains. Notable mentions include Harmonic Inc., ATI Inc., and Clearwater Paper Corporation, among others, all experiencing stock price increases following upbeat quarterly results or guidance updates.

Portfolio Pulse from Avi Kapoor

April 30, 2024 | 2:53 pm

THC

Tenet Healthcare Corporation (NYSE:THC) reported first-quarter sales of $5.37 billion, a 7% increase year over year, surpassing the consensus of $5.15 billion. Adjusted EBITDA for Q1 2024 was $1.024 billion, up from $832 million the previous year, driven by strong admission growth, favorable payer mix, and improved contract labor costs. The company raised its fiscal year 2024 revenue guidance to $20 billion-$20.4 billion and adjusted EPS guidance to $8.37-$9.41, significantly above the consensus of $6.11. Shares of THC surged 9.97% to $109.08.

Portfolio Pulse from Vandana Singh

April 30, 2024 | 2:53 pm

FXI

SPY

U.S. Treasury Secretary Yellen stated that higher steel tariffs on China appear appropriate, according to Reuters. This could impact trade relations and market perceptions.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 2:51 pm

AMZN

CMCSA

DIS

WBD

The battle for NBA media rights is intensifying with Comcast Corporation's NBCUniversal nearing a deal for $2.5 billion annually, potentially outbidding Warner Bros. Discovery, which risks losing its current rights. Disney is expected to renew its deal at $2.6 billion annually, a significant increase from its current payment. Amazon is also in talks for streaming rights, indicating a shift towards streaming platforms for sports broadcasting. This shift underscores the importance of sports rights in attracting and retaining cable and streaming subscribers.

Portfolio Pulse from Chris Katje

April 30, 2024 | 2:49 pm