Streetbeat News

Earnings

LNG

The article provides an in-depth analysis of Cheniere Energy (NYSE:LNG) compared to its competitors in the Oil, Gas & Consumable Fuels industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are examined. Cheniere Energy shows a lower P/E ratio, higher P/B and P/S ratios, and a higher ROE compared to the industry average. However, it faces challenges with lower EBITDA, gross profit, and significant negative revenue growth.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 3:00 pm

LLY

The article provides a comprehensive analysis of Eli Lilly and Co (NYSE:LLY) in comparison to its competitors in the Pharmaceuticals industry. It highlights key financial indicators, market standing, and growth potential, showing that while Eli Lilly has high valuation ratios and strong revenue growth, it also faces challenges with lower EBITDA and gross profit.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 3:00 pm

MHK

Mohawk Industries (NYSE:MHK) received a double upgrade from BofA Securities, with the rating raised from Underperform to Buy and the price target increased from $120 to $177. The company reported strong Q2 earnings and provided optimistic Q3 guidance, leading to a 15.62% rise in its stock price.

Portfolio Pulse from Priya Nigam

July 26, 2024 | 2:58 pm

DIA

IWM

QQQ

SPY

Major indexes are higher following June PCE data. Investors are also assessing earnings across various sectors.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:56 pm

AJG

Arthur J. Gallagher shares are trading higher following better-than-expected Q2 revenue results. Multiple firms have also raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:53 pm

OVBC

Ohio Valley Banc (NASDAQ:OVBC) reported a 7.35% decrease in Q2 earnings per share (EPS), down to $0.63 from $0.68 in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:50 pm

VALU

Value Line (NASDAQ:VALU) reported a significant increase in its Q4 earnings per share (EPS), rising to $0.51 from $0.43 year-over-year, marking an 18.6% growth.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:50 pm

MSFT

RUM

Rumble Inc. (NASDAQ:RUM) announced the release of its new Xbox app, supported on all Microsoft Corp.'s (NASDAQ:MSFT) Xbox devices starting with 2013 third-generation models. The app enhances video distribution and supports the independent creator economy. Rumble shares gained over 20% last Monday due to political developments and is set to report Q2 results on Aug. 12. Wedbush initiated coverage with a Neutral rating and an $8 price target.

Portfolio Pulse from Erica Kollmann

July 26, 2024 | 2:46 pm

AES

ILMN

KHC

SCHW

SLB

Benzinga's 'Stock Whisper' Index highlights five stocks that are gaining interest among investors but are not widely discussed yet. The stocks include The AES Corporation, The Kraft Heinz Company, Illumina Inc, Charles Schwab Corporation, and Schlumberger. Each company has upcoming events or recent developments that could impact their stock prices.

Portfolio Pulse from Chris Katje

July 26, 2024 | 2:43 pm

IYG

JPM

XLF

JPMorgan Chase & Co. (NYSE:JPM) has launched an in-house generative AI tool named LLM Suite to enhance its research capabilities. The tool, similar to OpenAI's ChatGPT, is designed to assist with writing, idea generation, and document summarization. This rollout is one of the largest Wall Street implementations of an in-house developed large language model. JPMorgan's second-quarter revenue rose 22% year over year to $50.2 billion, beating the consensus of $42.3 billion, and adjusted EPS of $4.40, exceeding the consensus of $4.19. JPM shares are up 1.49% at $211.77.

Portfolio Pulse from Lekha Gupta

July 26, 2024 | 2:39 pm