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PAYX

UDI

Paychex, Inc. (NASDAQ:PAYX) reported a 4% year-over-year sales growth in Q3 FY24, missing analyst estimates. Adjusted EPS of $1.38 beat estimates. The company revised its FY24 revenue growth outlook to 5%-6% from the previously forecasted 6%-7%. Paychex is focusing on investments in data, analytics, and AI. Investors can gain exposure to Paychex through USCF ETF Trust USCF Dividend Income Fund (NYSE:UDI) and SmartETFs Dividend Builder ETF (NYSE:DIVS). PAYX shares slightly declined by 0.05% to $121.56.

Portfolio Pulse from Lekha Gupta

April 02, 2024 | 3:15 pm

SLNH

Soluna Holdings' stock price increased after the company reported its Q4 earnings.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:14 pm

MEG

Montrose Environmental Group's shares surged following an upward revision of its FY24 revenue and adjusted EBITDA forecasts.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:14 pm

SNAX

Stryve Foods' shares have declined due to the company reporting lower than expected revenue for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:10 pm

CXAI

CXApp shares are trading lower after a recent rally due to a partnership announcement with Google Cloud. The pullback follows the stock's significant gain on Monday.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:09 pm

UNIUSD

Uniswap's (CRYPTO: UNI) price has decreased by 7.9% over the past 24 hours to $11.43, continuing a weekly downward trend of -9.0%. The trading volume for UNI has increased by 31.0% over the past week, while its circulating supply decreased by 0.96%, now at 75.38% of its max supply. UNI's market cap ranking is currently #19 at $8.63 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:03 pm

DOTUSD

Polkadot (CRYPTO: DOT) has seen a 6.44% decrease in price over the last 24 hours, continuing a negative trend with a 14.0% loss over the past week. The trading volume has increased by 5.0%, while the circulating supply decreased by 0.2%. DOT's market cap ranking is now #15 at $11.53 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:02 pm

TONUSD

Toncoin (CRYPTO: TON) has experienced a 6.85% decrease in price over the last 24 hours, marking a continuation of its downward trend with a total decrease of 4.0% over the past week. The trading volume for Toncoin has decreased by 17.0%, and its circulating supply has decreased by 0.28%. Currently, Toncoin's market cap ranks it at #12 with a value of $17.45 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:02 pm

V

The article provides an in-depth comparison of Visa (NYSE:V) against its competitors in the Financial Services industry, focusing on key financial metrics. Visa, the world's largest payment processor, processed over $14 trillion in fiscal 2022. It has a lower P/E ratio than the industry average, suggesting potential value. However, its P/B and P/S ratios indicate it might be overvalued based on book value and sales performance. Visa's ROE, EBITDA, and gross profit are significantly higher than the industry average, demonstrating strong profitability and growth potential. Despite this, Visa's revenue growth is below the industry average.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm

JPM

Over the past 10 years, JPMorgan Chase (NYSE:JPM) has produced an average annual return of 12.98%, outperforming the market by 2.16% on an annualized basis. A $100 investment in JPM stock a decade ago would be worth $338.08 today, showcasing the impact of compounded returns on investment growth. JPMorgan Chase currently has a market capitalization of $574.55 billion.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm