In a nutshell

 ls -l | awk '{print $9}' | xargs -I '{}' echo "File: {}"

Anywhere you use $, it will be replaced by the value piped to xargs.

Example

An example command to update latest versions of NPM packages that have storybook in their name:

npm outdated | grep storybook |  awk '{print $1}' | xargs -I '{}' npm i "{}@latest"