Streetbeat News

Earnings

META

The article provides a comprehensive comparison of Meta Platforms (NASDAQ:META) against its peers in the Interactive Media & Services industry. It highlights Meta's strong financial performance, including high ROE, EBITDA, gross profit, and revenue growth, despite being overvalued based on PE, PB, and PS ratios. Meta's lower debt-to-equity ratio indicates a stronger financial position compared to its top competitors.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 3:00 pm

AMZN

The article provides a comprehensive analysis of Amazon.com (NASDAQ:AMZN) in comparison to its competitors in the Broadline Retail industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are examined. Amazon shows strong profitability and operational efficiency but has a lower revenue growth rate compared to the industry average.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 3:00 pm

NVDA

The article provides a comprehensive analysis of NVIDIA (NASDAQ:NVDA) compared to its competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are evaluated, highlighting NVIDIA's strong profitability and growth potential despite its higher valuation.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 3:00 pm

LSPD

Lightspeed Commerce shares are trading lower following Q1 earnings. Piper Sandler has lowered its price target on the stock from $17 to $15.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:57 pm

AMAT

INTC

Applied Materials (AMAT) shares are down 6.5% due to Intel's poor Q2 results and the company's failure to secure CHIPS Act funding for its $4 billion R&D center. Intel's financial struggles and potential cost reductions could negatively impact AMAT, a key supplier in the semiconductor industry.

Portfolio Pulse from Henry Khederian

August 02, 2024 | 2:54 pm

SGHT

Sight Sciences shares are trading lower after the company reported Q2 financial results and narrowed its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:53 pm

NMRK

Newmark Group has reiterated its FY24 outlook for total revenue, Adjusted EBITDA, Adjusted EPS, and the Adjusted Earnings tax rate. The company expects a 2%-3% growth in fully diluted weighted-average share count for adjusted earnings in FY24 compared to 2023.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:52 pm

AMZN

DIA

INTC

IWM

QQQ

SPY

Major indexes are lower following weak US jobs data and soft guidance from Amazon and Intel.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:50 pm

CRSR

Corsair Gaming shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:50 pm

NMRK

Newmark Group (NASDAQ:NMRK) reported Q2 earnings of $0.22 per share, beating the $0.20 estimate and showing a 22.22% increase from last year. Sales were $633.38M, surpassing the $621.00M estimate and marking an 8.11% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:49 pm