Streetbeat News

Earnings

NVDA

Nvidia Corporation is expected to continue its AI-driven growth in Q3, with projected revenue of $32.5 billion and a 75% gross margin. An EPS estimate of $0.78 surpasses the consensus of $0.74. However, a cyclical decline is anticipated as infrastructure build-out peaks.

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November 11, 2024 | 6:15 pm

OSCR

Oscar Health (OSCR) has been upgraded to a Zacks Rank #2 (Buy), indicating growing optimism about its earnings prospects. This upgrade suggests potential positive movement in OSCR's stock price.

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November 11, 2024 | 6:15 pm

KWHIY

Kawasaki Heavy Industries, Ltd. (KWHIY) held its Q2 2024 earnings call on November 8, 2024. The call featured Katsuya Yamamoto, Senior Corporate Executive Officer & Assistant to the President.

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November 11, 2024 | 6:15 pm

HII

Levi & Korsinsky has initiated an investigation into Huntington Ingalls Industries, Inc. for potential securities fraud following a significant Q3 earnings miss.

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November 11, 2024 | 6:15 pm

CRSP

VRTX

CRISPR Therapeutics reported no Q3 revenue from its Casgevy therapy, but remains optimistic due to promising results in treating genetic diseases and a strong cash position. The company continues to advance its pipeline, with support from Vertex.

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November 11, 2024 | 6:15 pm

AGCO

AGCO Corp. shares rose by 2% despite missing Q3 earnings estimates. The company reported lower-than-expected Q3 results and adjusted its EPS projection for 2024 from $8.00 to $7.50.

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November 11, 2024 | 6:15 pm

ET

Energy Transfer reported strong Q3 earnings with growth in oil and steady performance in NGL and natural gas volumes. New demand from power plants and data centers could boost ET's natural gas infrastructure. Despite strong fundamentals, ET remains undervalued, trading below pre-COVID highs.

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November 11, 2024 | 6:00 pm

GRPN

Groupon's fundamentals are deteriorating, and its growth prospects are uncertain ahead of its Q3 earnings. Despite some strength in North America, investors are advised to be cautious.

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November 11, 2024 | 6:00 pm

TSLA

Tesla has reclaimed its $1 trillion market cap, driven by strong third-quarter 2024 results and the impact of Trump's win. This development may influence Tesla-focused ETFs.

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November 11, 2024 | 6:00 pm

OXY

Occidental Petroleum's third-quarter production is expected to remain strong due to contributions from acquired assets, but a drop in commodity prices poses a concern.

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November 11, 2024 | 6:00 pm