Streetbeat News

Earnings

PLTR

A new company has joined the S&P 500, reporting its most profitable quarter ever and is projected to achieve a 280% gain this year. This highlights the company's strong market performance and growth potential.

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December 03, 2024 | 9:30 am

GNCGY

Greencore Group PLC, a leading sandwich maker in the UK and Ireland, saw its shares rise by over 9% after reporting better-than-expected full-year results, despite a 5.6% decline in sales.

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December 03, 2024 | 9:15 am

INTC

Intel faces financial challenges, including suspended dividends and delayed factory construction. Despite disappointing results, management is optimistic about long-term improvements. Rumors of a Qualcomm takeover are unlikely due to financial and strategic hurdles.

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December 03, 2024 | 9:00 am

ROG

Rogers Communications has been upgraded to a 'buy' due to strong Q3 results, effective Shaw integration, and disciplined balance sheet management. The company reported $5.13 billion in revenue, record net additions, and high margins. A $7 billion structured equity financing deal will reduce leverage, enhancing financial flexibility.

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December 03, 2024 | 8:00 am

ATKR

Atkore's recent financial results have declined significantly, but this is largely due to an unusually high peak caused by post-pandemic buying and automation trends. Despite the downturn, the current performance is still better than pre-pandemic levels.

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December 03, 2024 | 7:45 am

CNM

Core & Main, Inc. (CNM) is set to release its third-quarter earnings results on December 3, before the market opens. Analysts have recently updated their forecasts for the company.

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December 03, 2024 | 7:15 am

MRVL

Marvell Technology is anticipated to report positive guidance for its October fiscal quarter results, driven by increased chip sales due to AI demand.

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December 03, 2024 | 6:45 am

BIGC

BigCommerce Holdings' shares rose after Q3 earnings due to better-than-expected revenue growth and improved earnings. The company is enhancing key metrics and forecasts stronger operating income for FY 2024, presenting a long-term opportunity despite a post-pandemic slowdown.

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December 03, 2024 | 6:15 am

ADBE

Adobe's Q3/24 results show strong performance with significant revenue and income growth. However, the stock is rated as 'Hold' due to overvaluation and slowing growth projections.

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December 03, 2024 | 6:15 am

DEVS

DevvStream Holdings Inc. has provided a bi-weekly status update regarding its Management Cease Trade Order due to the delay in filing its annual financial statements for the year ended July 31, 2024.

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December 03, 2024 | 4:15 am