Streetbeat News

Assets

AMZN

COST

GLD

UUP

Gold prices have surged past $2,500 per troy ounce, pushing the value of a 400-troy-ounce gold bar to $1 million. This increase is driven by expectations of Federal Reserve interest rate cuts and a weakening U.S. dollar. The SPDR Gold Trust (GLD) and Invesco DB USD Index Bullish Fund ETF (UUP) illustrate the inverse relationship between the dollar and gold prices. Retailers like Costco, Amazon, and Walmart are making gold more accessible to individual investors.

Portfolio Pulse from Piero Cingari

August 20, 2024 | 5:09 pm

JRE

NETL

O

Realty Income Corporation (NYSE:O) shares are trading lower after the company priced a $500 million public offering of senior unsecured notes. The offering is expected to close on August 26. Realty Income's recent financial performance showed a beat on both FFO and sales estimates.

Portfolio Pulse from Lekha Gupta

August 20, 2024 | 5:05 pm

TXN

Texas Instruments has announced that its capital expenditure for 2026 is expected to range between $2 billion and $5 billion, contingent on revenue performance.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 3:22 pm

TXN

Texas Instruments has revised its capital expenditure plan, now intending to spend about $5 billion per year through 2025, instead of the previously planned $5 billion per year through 2026.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 3:21 pm

PG

The article provides an in-depth analysis of Procter & Gamble (P&G) compared to its competitors in the Household Products industry. P&G shows potential undervaluation with low PE and PB ratios but appears overvalued based on its high PS ratio. The company demonstrates strong profitability with high EBITDA and gross profit, though its revenue growth is lagging behind industry peers. P&G's lower debt-to-equity ratio indicates a stronger financial position compared to its top competitors.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 3:00 pm

PLTR

The article provides a comprehensive comparison of Palantir Technologies (NYSE:PLTR) with its competitors in the software industry, focusing on financial metrics, market position, and growth prospects. Palantir shows high valuation ratios (P/E, P/B, P/S) compared to industry averages, indicating potential overvaluation. Despite lower profitability metrics like ROE, EBITDA, and gross profit, Palantir's strong revenue growth and low debt-to-equity ratio suggest potential for future growth and a favorable financial position.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 3:00 pm

NNE

Nano Nuclear Energy's stock is rising following their acquisition of a 14,000 sq. ft facility for $1.71 million.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 2:35 pm

ASML

Whales are showing a bullish stance on ASML Holding, with 72% of recent options trades being bullish. The focus is on a price range between $700 and $1000. ASML's stock is currently at $935.31, with a slight increase of 0.23%.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 2:32 pm

SCNI

Scinai Immunotherapeutics has entered into a $2 million investment commitment agreement with RK Stone Miami. This agreement allows Scinai to sell American Depositary Shares (ADS) at its discretion through December 2024.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:31 pm

COSM

Cosmos Health's financial statements show a net loss and significant cash used in operations, with a substantial accumulated deficit. This raises concerns about its ability to continue as a going concern. The company plans to expand product lines, seek acquisitions, enter distribution agreements, and access further capital markets to address these issues.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:27 pm