Latest news for Xtrackers S&P 500 ESG ETF (ARCA:SNPE)

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The fund, using a passive or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the Underlying Index. The Underlying Index is a broad-based, market capitalization weighted index that is designed to measure the performance of companies meeting environmental, social and governance (ESG) criteria, while maintaining similar overall industry group weights as the S&P 500 Index.

Microsoft Corp

Nvidia Corp.

Apple Inc

Alphabet Inc.Class A

Alphabet Holding Company Inc.

Eli Lilly & Co.

Jpmorgan Chase & Co.

Tesla Inc

Exxon Mobil Corp.

Unitedhealth Group Inc.

Xtrackers S&P 500 ESG ETF

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SNPE

TSLA

With the obvious being its electric vehicle businesses and solar and smart grid operations, Tesla Inc (NASDAQ: TSLA) appears to be the epitome of an environmentally friendly company, one that checks all sorts of sustainable investing boxes.

It Might Be Awhile Before Tesla Finds Its Way Into This Pair of ESG ETFs

Bonds

Specialty ETFs

New ETFs

Markets

It&#39;s not uncommon for issuers of exchange traded funds to change a product&#39;s index or objective in an effort to gain traction with investors. Sometimes, an issuer will employ wholesale changes for several ETFs in a single day.

3 Old ETFs Becoming New ESG Bond Funds

Emerging Market ETFs

NUSC

SUSL

LDEM

3 ESG ETFs You Don&#39;t Know About But Should

Wedbush analyst Seth Basham reiterates Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) with a Outperform and maintains $70 price target.

Price Target

Reiteration

Analyst Ratings

Wedbush Reiterates Outperform on Wayfair, Maintains $70 Price Target

Macquarie analyst Paul Golding maintains Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) with a Outperform and maintains $300 price target.

Macquarie Maintains Outperform on Visa, Maintains $300 Price Target

Roper Technologies (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rop#NASDAQ">ROP</a>) came out with quarterly earnings of $4.48 per share, beating the Zacks Consensus Estimate of $4.46 per share. This compares to earnings of $4.12 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 0.45%. A quarter ago, it was expected that this industrial equipment maker would post earnings of $4.34 per share when it actually produced earnings of $4.41, delivering a surprise of 1.61%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Roper Technologies, which belongs to the Zacks Computers - IT Services industry, posted revenues of $1.72 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.45%. This compares to year-ago revenues of $1.53 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
Roper Technologies shares have added about 5.3% since the beginning of the year versus the S&amp;P 500&#39;s gain of 16.5%.
What&#39;s Next for Roper Technologies?
While Roper Technologies has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Roper Technologies: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $4.63 on $1.74 billion in revenues for the coming quarter and $18.17 on $6.92 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computers - IT Services is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
BigBear.ai Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bbai#NYSE">BBAI</a>), another stock in the same industry, has yet to report results for the quarter ended June 2024. The results are expected to be released on August 1.
This company is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of +41.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
BigBear.ai Holdings, Inc.&#39;s revenues are expected to be $46.55 million, up 21% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2307533/roper-technologies-rop-surpasses-q2-earnings-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2307533">To read this article on Zacks.com click here.</a>

Earnings

Earnings Beats

Penny Stocks

Small Cap

Tech

BBAI

Roper Technologies Surpasses Q2 Earnings Estimates

Wedbush analyst Seth Basham maintains Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) with a Neutral and lowers the price target from $170 to $145.

Wedbush Maintains Neutral on Genuine Parts, Lowers Price Target to $145

U.S. stocks traded lower toward the end of trading, with the S&amp;P 500 falling around 100 points on Wednesday.
The Dow traded down 0.82% to 40,025.48 while the NASDAQ fell 2.92% to 17,472.06. The S&amp;P 500 also fell, dropping, 1.84% to 5,453.67.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39932485/jim-cramer-calls-axsome-a-double-or-nothing-stock-says-sap-is-incredible">Jim Cramer Calls Axsome A &#8216;Double Or Nothing Stock,&#8217; Says SAP Is &#8216;Incredible&#8217;</a> 
Leading and Lagging Sectors Utilities shares jumped by 0.8% on Wednesday.
In trading on Wednesday, consumer discretionary shares fell by 3%.
Top Headline
Shares of AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) rose around 5% during Wednesday&#8217;s session following second-quarter earnings.
AT&amp;T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of 57 cents is in line with the analyst consensus estimate, according to data from Benzinga Pro.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Pieris Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIRS#NASDAQ">PIRS</a>) shares shot up 78% to $14.15 after the company announced that the company entered into a definitive merger agreement with Palvella Therapeutics.</li>
<li>Shares of Sangamo Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMO#NASDAQ">SGMO</a>) got a boost, surging 47% to $0.5914 after licensing partner Pfizer&#8217;s Phase 3 AFFINE trial evaluating giroctocogene fitelparvovec met its primary endpoint.</li>
<li>PROG Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRG#NYSE">PRG</a>) shares were also up, gaining 21% to $42.02 after the company reported better-than-expected second-quarter financial results. Also, the company raised its FY24 guidance above estimates.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Azitra, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZTR#NYSE">AZTR</a>) shares dropped 76% to $1.1899 after the company announced the pricing of a $10 million public offering of 6,665,000 common shares and Class A warrants at $1.50 per share.</li>
<li>Shares of Nuwellis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) were down 40% to $2.49 after the company announced the pricing of a $2 million public offering of 469,340 common shares at $4.24 a share.</li>
<li>Lamb Weston Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>) was down, falling 28% to $56.37 after the company reported worse-than-expected quarterly financial results. Also, the company issued its FY25 EPS guidance below estimates.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39929121/top-3-tech-and-telecom-stocks-that-are-set-to-fly-in-july">Top 3 Tech And Telecom Stocks That Are Set To Fly In July</a> 
Commodities In commodity news, oil traded up 1% to $77.72 while gold traded up 0.4% at $2,417.40.
Silver traded up 0.1% to $29.35 on Wednesday, while copper fell 1.2% to $4.1110.
Euro zone
European shares closed lower today. The eurozone's STOXX 600 fell 0.61%, Germany's DAX fell 0.92% and France's CAC 40 fell 1.12%. Spain's IBEX 35 Index fell 0.02%, while London's FTSE 100 fell 0.17%.
The HCOB Eurozone manufacturing PMI declined to 45.6 in July from 45.8 in June, while services PMI slipped to 51.9 from 52.8. The HCOB France composite PMI climbed to 49.5 in July from 48.8 in the prior month, while German composite PMI declined to 48.7 from 50.4.
The S&amp;P Global Flash UK manufacturing PMI rose to 51.8 in July from 50.9 in June, while services PMI rose to 52.4 in July from 52.1 in the previous month.
Asia Pacific Markets
Asian markets closed lower on Wednesday, with Japan's Nikkei 225 falling 1.11%, Hong Kong's Hang Seng Index falling 0.91%, China's Shanghai Composite Index declining 0.46% and India's S&amp;P BSE Sensex declining 0.35%.
The HSBC India Manufacturing PMI climbed to 58.5 in July from 58.3 the prior month, while services PMI rose to 61.1 in July from 60.5. The au Jibun Bank Flash Japan composite PMI rose to 52.6 in July versus a final reading of 49.7 in June.
Economics
<ul>
<li>U.S. mortgage applications declined by 2.2% in the latest week, compared to a 3.9% gain in the prior period.</li>
<li>The S&amp;P Global flash manufacturing PMI fell to 49.5 in July from 51.6 in June and compared to market estimates of 51.7.</li>
<li>The S&amp;P Global composite PMI climbed to 55.0 in July from 54.8 in the prior month.</li>
<li>The U.S. trade deficit in goods shrank to $96.84 billion in June versus a $99.37 billion gap in the earlier month.</li>
<li>Building permits increased by 3.9% to an annual rate of 1.454 million in June.</li>
<li>U.S. new home sales declined 0.6% month-over-month to an annualized rate of 617,000 in June.</li>
<li>The EIA said crude oil inventories in the U.S. declined by 3.741 million barrels in the week ended July 19, compared to market estimates of a 2.05 million decline.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/07/39932008/tesla-to-rally-around-22-here-are-10-top-analyst-forecasts-for-wednesday">Tesla To Rally Around 22%? Here Are 10 Top Analyst Forecasts For Wednesday</a>

Eurozone

Commodities

Intraday Update

AZTR

NUWE

PIRS

SGMO

Crude Oil Gains 1%; AT&T Shares Rise After Q2 Earnings

CFFI

C&F Financial Q2 EPS $1.50 Down From $1.84 YoY

Wedbush analyst Scott Devitt reiterates Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) with a Outperform and maintains $570 price target.

Wedbush Reiterates Outperform on Meta Platforms, Maintains $570 Price Target

Citigroup analyst Filippo Falorni maintains Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) with a Buy and raises the price target from $72 to $75.

Citigroup Maintains Buy on Coca-Cola, Raises Price Target to $75

Bryson DeChambeau, just a few weeks off his first major victory at the U.S. Open, has another win to celebrate: beating golf YouTuber Grant Horvat in a <a href="https://www.benzinga.com/news/24/07/39923696/as-google-searchs-growth-outpaces-that-of-youtube-alphabet-cfo-says-really-pleased-with-platform-her">race to one million subscribers. </a>DeChambeau surpassed the milestone on Tuesday, hours after posting a video featuring former President Donald Trump in which the pair tried to shoot below 50 on one of Trump's golf courses.
DeChambeau, the nine-time PGA winner who now plays in the LIV Golf League, has helped boost his publicity and popularity through social media videos on YouTube and Snapchat. DeChambeau credits his rise on social media with improving his ability to connect with fans.
And while there are plenty of golf content creators on YouTube, DeChambeau is one of the only ones with true professional experience, giving him a leg up on his YouTube peers like Horvat. When DeChambeau got his millionth subscriber on Tuesday, Horvat had around 750,000. 
 "We&#8217;re on a race to a million subscribers, we&#8217;re trying to beat Grant Horvat. He&#8217;s trying to get there, but we want to be there first we&#8217;re doing pretty well so far, but we want to hit a million before the end of July," DeChambeau said in the beginning of his video with Trump. DeChambeau also announced that 5 subscribers would win $1,000 for following his YouTube channel if he met the milestone, which he did. Read Also: <a href="https://www.benzinga.com/general/sports/24/04/38238720/bryson-dechambeau-could-win-more-than-just-a-green-jacket-if-he-takes-home-victory-at-the-masters">Bryson DeChambeau Could Win More Than Just A Green Jacket If He Takes Home Victory At The Masters</a><a href="https://www.benzinga.com/general/sports/24/04/38238720/bryson-dechambeau-could-win-more-than-just-a-green-jacket-if-he-takes-home-victory-at-the-masters"> </a>Trump joined DeChambeau for a "Breaking 50" challenge, in which DeChambeau invites guests on his channel to play a round with him to see if they can shoot under 50 in a scramble format. This means each golfer hits their own shot, and then the pair hits their subsequent shot from whichever ball is closer to the hole or in a better position. 
DeChambeau, who is known for being one of the longest hitters in the world, was able to drive many of the greens at the Trump National Golf Club Bedminster in New Jersey. For the sake of the challenge, Trump and DeChambeau played from the red or forward tees, much closer than what either golfer would normally play.
DeChambeau has attempted the challenge with a wide range of participants, from Horvat, to fellow LIV golfer Sergio Garcia, but has not been able to shoot a 49 or lower. "The hardest part is the par 3s," DeChambeau <a href="https://www.youtube.com/watch?v=6Rb9b8rYhII">said in the video with Trump. </a>DeChambeau's video with Trump has garnered more than four million views since it was posted on Tuesday. DeChambeau explained that the challenge was for charity, with $10,000 raised for birdies and $20,000 for eagles.&nbsp;
DeChambeau also took to X, formerly Twitter, to explain that the video was not an endorsement of Trump or a political statement, and that he also extended an invite to President Joe Biden and that playing with any former President would be an honor. 
Read Next:
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<li> <a href="https://www.benzinga.com/general/politics/24/07/39719848/biden-vs-trump-on-the-golf-course-former-president-issues-1m-charity-challenge">Biden Vs. Trump On The Golf Course: Former President Issues $1M Charity Challenge</a></li>
</ul>
Photo: Shutterstock

Sports

General

Trump Help Bryson DeChambeau Hit One Million YouTube Subscribers, Beating Grant Horvat To Milestone

Wedbush analyst Matt Bryson maintains Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) with a Outperform and raises the price target from $130 to $135.

Wedbush Maintains Outperform on Seagate Tech Hldgs, Raises Price Target to $135

WIIM

IESC

STRL

Shares of construction companies are trading lower possibly following PMI data.

Wedbush analyst Daniel Ives reiterates General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) with a Outperform and maintains $55 price target.

Wedbush Reiterates Outperform on General Motors, Maintains $55 Price Target

Goldman Sachs analyst Mark Delaney reiterated the Buy rating on General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), <a target="_blank" href="https://www.benzinga.com/quote/GM/analyst-ratings" rel="noreferrer noopener">with a price forecast of $53.</a>
General Motors reported second-quarter sales growth of 7.2%, totaling $47.97 billion. Adjusted EPS of $3.06 <a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/39904891/general-motors-q2-earnings-revenue-beat-hikes-annual-outlook-but-faces-challenges-in-evs-and-china" rel="noreferrer noopener">beat analyst estimates of $2.72.</a>
According to the analyst, the report demonstrated that General Motors is well positioned to sustain strong margins in the second half of the year and 2025 given the company&#8217;s product mix/lineup and below industry average incentives (aided by its relatively low finished vehicle inventory levels).
Moreover, the analyst highlights that the company continues to focus on cost and said it remains on track to achieve its net $2 billion cost reduction plan by the end of the year (of which ~$1.4 billion of cost reductions have been realized).
Read Also:&nbsp;<a target="_blank" href="https://www.benzinga.com/exclusives/24/07/39886192/exclusive-tesla-an-elon-musk-and-a-technology-story-first-ev-story-last-market-strategist-explains-w" rel="noreferrer noopener">EXCLUSIVE: Tesla&#8217; An Elon Musk And A Technology Story First, EV Story Last&#8217; — Market Strategist Explains Why To Buy The Stock</a>
Delaney adds that the company will look to find incremental efficiencies in the business to mitigate somewhat more difficult industry pricing trends in 2H24/25.
The analyst raised FY24 revenue estimate to $181.238 billion from $175.379 billion. Delaney now projects FY24 EPS of $10.30, higher than the prior view of $9.85.
BofA Securities analyst John Murphy reiterated the Buy rating on the stock, with a price forecast of $85.
While the company&#8217;s stock declined as 2024 guidance fell short of investor expectations, the analyst highlighted GM&#8217;s new guidance remains conservative even with some incremental headwinds.
According to the analyst, GM is a leader in the Core to Future transition, with potential growth beyond 2024.
More commentary on the potential business plan will be provided at its Investor Day this fall, Murphy adds.
Per the analyst, pricing is now expected to be stronger in the second half than previously anticipated (flat in third quarter, down 1.5% in fourth quarter).
The analyst raised FY24 EPS to $9.90 from $9.78 and FY25 EPS to $10.60 from $10.45.
Price Action: GM shares are trading lower by 0.06% to $46.35 at last check Wednesday.
Photo by Jonathan Weiss on Shutterstock
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Analyst Color

Equities

General Motors Well Positioned To Sustain Strong Margins - Analysts Raise Forecasts

Citigroup analyst Arthur Truslove maintains Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) with a Buy and raises the price target from $263 to $304.

Citigroup Maintains Buy on Equifax, Raises Price Target to $304

In 2011, former Wall Street banker Randall Atkins made a bold move. He bought an old coal mine outside Sheridan, Wyoming, for about $2 million without even seeing it first. He hoped it might make a small profit, but what he found was extraordinary instead.
As The Wall Street Journal reported, Atkins recently discovered that his Brook Mine contains one of the largest unconventional rare-earth deposits in the U.S., potentially worth a staggering $37 billion after government researchers tested the ground and found significant amounts of <a href="https://www.benzinga.com/etfs/23/07/33233340/rare-earth-elements-explained">rare-earth elements</a>.
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<li>Amid the ongoing EV revolution, previously overlooked low-income communities<a href="https://www.benzinga.com/money/dunamis-1"> now harbor a huge investment opportunity at just $500.</a></li>
<li>This Jeff Bezos-backed startup will allow you to <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars" target="_blank" rel="noreferrer noopener">become a landlord in just 10 minutes, and you only need $100</a>.</li>
</ul>
"When I bought the mine, I didn't know the difference between rare earths and rare coins," Atkins admitted. The test results revealed the mine holds rare earths like neodymium, dysprosium, terbium, and praseodymium, essential for modern technologies like electric vehicles and wind turbines.
<a href="https://www.benzinga.com/quote/METC/analyst-ratings">Ramaco Resources</a>, Atkins's company, is now extracting larger samples for further analysis. If successful, this could be the first new rare-earth mine in the U.S. since 1952 and a big shift for Ramaco, which has traditionally focused on mining coal used in steelmaking.
The U.S. is racing to catch up with China in the supply of these critical minerals. China recently restricted the export of minerals like gallium and germanium, which are used in semiconductors and missile systems. Interestingly, these minerals were also found in the Wyoming mine.
Trending: America's construction sites are desperate for Robots —<a href="https://www.benzinga.com/money/apis-cor"> here&#8217;s how to invest in a house-printing startup who&#8217;s making them and be a part of a $16 trillion industry</a>.
Atkins, who learned long-term strategic planning from his father, Orin Atkins, the builder of Ashland Oil, sees huge potential in this discovery. &#8220;We prefer going in that direction,&#8221; he said, noting the higher value of rare earths compared to coal.
Signia Capital Management, an investment firm, has increased its investment in Ramaco, excited by the rare-earth discovery. <a href="https://www.benzinga.com/news/23/10/35291581/why-ramaco-resources-stock-is-ripping-higher">Ramaco's shares have surged</a>, and even more so after WSJ reported on it, reflecting the high hopes for this new venture.
Atkins, who grew up in Kentucky and has a background in energy and banking, is optimistic about the future. He hopes this project will benefit the local community economically and secure a lasting legacy. Saying of his father, "If I could build something even remotely as successful as he had over his tenure, I would be very happy."
See Also: Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a>
<h2 class="wp-block-heading">Who Was Orin Atkins</h2>
Orin Atkins, the father of Randall Atkins, was a prominent figure in the energy industry, known for building Ashland Oil into a multinational conglomerate. However, he was implicated in a series of federal investigations.
One of the major controversies involving Orin Atkins was related to an illegal payment to President Richard Nixon's 1972 reelection campaign. This was part of the broader Watergate scandal, which involved various illegal activities and cover-ups by Nixon's administration. Atkins and Ashland Oil were implicated in making a covert contribution, which violated campaign finance laws.
Orin Atkins died in 2007.
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<h2 class="wp-block-heading">Why Are REEs So Valuable?</h2>
These elements have unique properties that make them perfect for a wide range of applications, such as strong magnets, LED lights, and smartphone screens. They are crucial for many advanced technologies, including electronics like computers and phones, green energy solutions like wind turbines and electric cars, and important defense systems.&nbsp;
Even though REEs are not extremely rare in the earth, they are difficult to find in large, easily accessible quantities. Extracting and processing them is complex and costly, which limits the supply. Meanwhile, <a href="https://www.benzinga.com/article/3769246">demand is increasing rapidly</a> because of the growing tech industry. This imbalance makes REEs very valuable.
The U.S. wants to secure its own supplies of these elements to avoid relying too heavily on China, which currently dominates the market. Many don&#8217;t know that REEs are important for consumer products and national security.
Wyoming is experiencing a rare earth element boom driven by the discovery of large deposits, significant economic potential, national strategic importance, and increasing industry and investor interest. This boom could position Wyoming as a key player in the global REE market.
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<li>Will the surge continue or decline on real estate prices?<a href="https://www.benzinga.com/money/realbricks"> People are finding out about risk-free real estate investing that lets you cash out whenever you want.</a></li>
<li>Commercial real estate has historically outperformed the stock market, and <a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate" target="_blank" rel="noreferrer noopener">this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a></li>
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Startups

Wall Street Banker Bought Coal Mine For $2 Million, Found $37 Billion In Rare Earth Elements

KBR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBR#NYSE">KBR</a>) has outperformed the market over the past 10 years by 1.1% on an annualized basis producing an average annual return of 11.79%. Currently, KBR has a market capitalization of $9.01 billion. 
Buying $100 In KBR: If an investor had bought $100 of KBR stock 10 years ago, it would be worth $299.55 today based on a price of $67.07 for KBR at the time of writing.
<h3>KBR's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721845823_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning KBR Stock In The Last 10 Years

Marathon Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>) has outperformed the market over the past 10 years by 4.7% on an annualized basis producing an average annual return of 15.39%. Currently, Marathon Petroleum has a market capitalization of $58.71 billion. 
Buying $1000 In MPC: If an investor had bought $1000 of MPC stock 10 years ago, it would be worth $4,284.10 today based on a price of $166.63 for MPC at the time of writing.
<h3>Marathon Petroleum's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721845818_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Marathon Petroleum 10 Years Ago Would Be Worth Today

Wedbush analyst Scott Devitt reiterates Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Outperform and maintains $205 price target.

GOOG

GOOGL

Wedbush Reiterates Outperform on Alphabet, Maintains $205 Price Target

Citigroup analyst Asiya Merchant maintains Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) with a Buy and raises the price target from $120 to $125.

Citigroup Maintains Buy on Seagate Tech Hldgs, Raises Price Target to $125

The U.S. Congress is closer than ever to enacting a congressional stock trading ban as a bill on the matter cleared committee on Wednesday. A bipartisan group of senators announced a deal to advance the bill <a href="https://www.benzinga.com/government/24/07/39714096/senators-announce-historic-step-forward-on-congressional-stock-trading-ban">earlier in July</a>.
What Happened: The bill <a href="https://x.com/AndrewDesiderio/status/1816130786321473646">cleared</a> the Senate Homeland Security &amp; Governmental Affairs Committee on Wednesday morning according to a post by journalist Andrew Desiderio. The vote was eight to four.
A bipartisan group of Committee Chair Gary Peters (D-Mich.), Josh Hawley (R-Mo.), Jon Ossoff (D-Ga.), Rick Scott (R-Fla.), Tom Carper (D-Del.), Maggie Hassan (D-N.H.), Kyrsten Sinema (I-Ariz.), Jackie Rosen (D-Nev.), Roger Marshall (R-Kan.), Laphonza Butler (D-Calif.) and Richard Blumenthal (D-Conn.) voted to advance the bill.
Four Republicans voted no: Ranking Member Rand Paul (R-Ky.), Ron Johnson (R-Wis.), James Lankford (R-Okla.) and Mitt Romney (R-Utah). Romney is the co-founder of Bain Capital, an investment firm.
The Ending Trading and Holdings in Congressional Stocks (ETHICS) Act <a href="https://s3.documentcloud.org/documents/24989856/lew24315.pdf">would</a> prohibit members of Congress from buying and selling stocks 90 days after the bill is signed. It would also ban spouses and children of members of Congress from trading stocks starting in 2027. It institutes penalties for violation of the law.
The bill was first introduced by Sen. Jeff Merkley (D-Ore.).
Why it Matters: Congressional stock trading has become increasingly controversial in recent years given a perceived conflict of interest between legislating and profit-making.
The trades of many politicians — including former House Speaker Nancy Pelosi (D-CA) — have received attention for their high returns and alleged misconduct. Many websites, including <a href="https://www.benzinga.com/gov-trades/members">Benzinga</a>, allow investors to track governmental trades.
The bill will now go to the Senate, but faces an uphill battle.
Axios reported Senate Democrats will attempt to push the bill through before the November election. There is insufficient time left on the legislative calendar for a vote before November. It is therefore possible that legislators will attach the ETHICS Act as an amendment to another bill. Merkley said there is still strong opposition to the bill among some members of Congress.
The bill also has support from some members of the House. Congressman Ro Khanna (D-Calif.) told Benzinga in May that he supports a stock trading ban. He <a href="https://www.benzinga.com/general/politics/24/05/39096827/exclusive-khanna-says-shameful-congress-members-profited-from-stocks-calls-for-trading-ban-makin">called the actions</a> of his colleagues who trade in financial markets "shameful."
A congressional stock trading ban could be a unifying policy in a polarized country. Eight-six percent of Americans support a ban, <a href="https://publicconsultation.org/united-states/stock-trading-by-members-of-congress/#:~:text=Overwhelming%20bipartisan%20majorities%20favor%20prohibiting,according%20to%20an%20in-depth">according</a> to the University of Maryland School of Public Policy. It is rare for matters to receive bipartisan support of this magnitude.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/01/36459015/10-best-stock-traders-in-congress-in-2023-spoiler-nancy-pelosi-is-back-on-the-list">10 Best Stock Traders In Congress In 2023 (Spoiler: Nancy Pelosi Has Reentered The Chat)</a></li>
</ul>
Photo: Shutterstock

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