Streetbeat News

Earnings

WIX

Wix.com (WIX) experienced a 6.5% increase in its stock price with higher than average trading volume. However, the current trend in earnings estimate revisions suggests that this price increase may not continue in the near term.

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November 12, 2024 | 9:15 am

AMD

AMD's recent earnings highlight strong potential in its Data Center business, particularly in AI chips. The company projects $5 billion in AI chip revenue for 2024, up from $4.5 billion, and aims for over $10 billion by 2025, positioning itself as a key competitor to Nvidia.

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November 12, 2024 | 9:00 am

AZN

AstraZeneca PLC has raised its 2024 sales and profit outlook for the second time in four months, following strong Q3 results. The company now expects annual revenue and core earnings per share to grow by a high-teens percentage.

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November 12, 2024 | 8:45 am

TIGR

UP Fintech Holding Limited (NASDAQ: TIGR) reported record revenue of $101.1 million for Q3 2024, marking a 15.6% QoQ and 44.1% YoY increase. The company's profit reached a three-year peak, and client assets doubled YoY to $40.8 billion.

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November 12, 2024 | 8:30 am

TIGR

UP Fintech Holding Limited (NASDAQ: TIGR) has released its unaudited financial results for Q3 2024, highlighting its performance as a leading online brokerage firm.

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November 12, 2024 | 8:15 am

EVH

Evolent Health has experienced a 50% stock drop due to a Q3 earnings miss and high medical costs. However, the company has secured record-breaking new business deals and expects over 15% annual revenue growth. With a P/E ratio of 16.57, EVH stock may be undervalued, presenting a potential buy opportunity.

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November 12, 2024 | 8:00 am

NBTX

NANOBIOTIX, a biotechnology company, provided an update on its operational progress and financial results for Q3 2024, focusing on its nanoparticle-based therapeutic platforms.

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November 12, 2024 | 7:45 am