Streetbeat News

Earnings

AHT

Ashford Hospitality Trust reported a Revenue Per Available Room (RevPAR) of $94.16 for August and a hotel net income of $900,000.

Portfolio Pulse from Bill Haddad

September 15, 2021 | 8:18 pm

NUGS

Cannabis Strategic Ventures (OTC:NUGS) reported a 517% increase in revenue for 2020, reaching $14.6 million. The company saw a 975% rise in cannabis sales revenue and a 483% increase in gross profit. CEO Simon Yu highlighted improvements in product quality and distribution, while aiming to enhance operating expenses.

Portfolio Pulse from Jelena Martinovic

July 21, 2021 | 5:42 pm

BAC

WFC

Morgan Stanley analyst Betsy Graseck predicts that Bank of America (BAC) and Wells Fargo (WFC) may not outperform this quarter due to a likely downward guidance on net interest income. This outlook is attributed to a flattening yield curve and slow loan growth. Despite strong year-to-date performances, with BAC up 32.10% and WFC up 45.49%, their asset sensitivity in the financial sector could impact their short-term performance.

Portfolio Pulse from Adam Eckert

July 12, 2021 | 2:28 pm

BNTX

CHWY

GME

OXM

PFE

PLAY

SIG

US stock futures are mixed as investors await earnings from Signet Jewelers, Chewy, and Dave & Buster's. Key economic data, including the Consumer Price Index and jobless claims, are due. GameStop reported a narrower-than-expected loss and new executive appointments. RH and Oxford Industries reported strong earnings and raised forecasts. Pfizer and BioNTech plan to provide 500 million vaccine doses for donation.

Portfolio Pulse from Lisa Levin

June 10, 2021 | 10:01 am

BKTI

DOCU

HARP

MVIS

NGL

PFMT

RESN

SENS

The Nasdaq gained 200 points, with DocuSign shares jumping 17% following strong Q1 results. Information technology shares rose 1.7%, with Resonant Inc. and MicroVision, Inc. among top gainers. Performant Financial and Senseonics Holdings also saw significant stock increases. Harpoon Therapeutics, BK Technologies, and NGL Energy Partners experienced declines.

Portfolio Pulse from Lisa Levin

June 04, 2021 | 6:43 pm

HURC

Hurco Companies reported a significant improvement in its financial performance for Q2, with EPS rising to $0.36 from a loss of $0.58 year-over-year, and sales increasing to $57.90 million from $37.13 million.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2021 | 12:06 pm

AFIB

Acutus Medical (NASDAQ:AFIB) reported Q1 sales of $3.59 million, with a loss of $27.83 million. The company's Return on Capital Employed (ROCE) was -0.28%, indicating inefficiency in asset utilization. Q1 earnings per share were $-0.97, missing analyst expectations of $-0.81.

Portfolio Pulse from Benzinga Insights

May 28, 2021 | 3:06 pm

PLTR

Palantir Technologies Inc (NYSE:PLTR) reported strong Q1 2021 earnings, with a 49% revenue increase, beating estimates. The company announced it will accept Bitcoin as payment and is considering cryptocurrency investments. Following the earnings report, Palantir's stock rose over 17%, breaking a bearish trend. The stock is currently in a bullish pattern, with potential to rise further if it maintains momentum.

Portfolio Pulse from Melanie Schaffer

May 17, 2021 | 4:00 pm

AXNX

IFRX

LHDX

NERV

PRAX

The biotech sector saw significant developments, including Minerva's positive Phase 3 trial results for schizophrenia treatment, InflaRx's promising Phase 2 study results for vasculitis treatment, and Lucira's COVID-19 test kit availability on Amazon. Stocks like Minerva and InflaRx experienced price increases, while Praxis and Axonics saw declines due to public offerings.

Portfolio Pulse from Shanthi Rexaline

May 12, 2021 | 12:57 pm

LTBR

Lightbridge reported a Q1 EPS of $(0.33), an improvement from $(0.74) year-over-year.

Portfolio Pulse from Bill Haddad

May 11, 2021 | 8:44 pm