Streetbeat News

Earnings

AAPL

AVGO

CASY

ORCL

OXM

PLAY

QQQ

SPY

The market is poised for further gains, with the S&P 500 and Nasdaq Composite hitting record highs. Investors are focused on the upcoming inflation report and the Federal Reserve's rate decision. Oracle's positive earnings may support tech stocks, while Apple led the tech charge in the previous session. Key economic data and Fed commentary will be crucial for market direction.

Portfolio Pulse from Shanthi Rexaline

June 12, 2024 | 11:26 am

RGNX

Regenxbio has reiterated its financial guidance previously provided on May 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:11 am

AAPL

DIA

SPY

On June 11th, U.S. stock markets closed mixed with the S&P 500 and Nasdaq reaching record highs, driven by a surge in Apple shares. Apple was upgraded by DA Davidson, citing AI advancements. The NFIB Small Business Optimism Index increased. Most S&P 500 sectors ended lower, while IT and communication services stocks closed higher. The Dow Jones closed down, while the S&P 500 and Nasdaq closed up. Asian markets were mixed, and European markets showed gains. Crude oil prices increased, while natural gas declined.

Portfolio Pulse from Akanksha Bakshi

June 12, 2024 | 10:45 am

AFMD

Affimed (NASDAQ:AFMD) reported Q1 EPS of $(1.38), beating the estimate of $(1.54) but showing a 37.3% improvement from last year. However, sales of $168.34K missed the $1.34M estimate by 87.44%.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:34 am

NATH

Nathan's Famous reported a 20% increase in Q4 EPS to $0.96 and a 5.75% increase in sales to $28.99 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:33 am

ELV

Elevance Health has reaffirmed its FY24 adjusted EPS guidance to be greater than $37.20, slightly below the consensus estimate of $37.28.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:18 am

COE

51Talk Online Education Group reported significant growth in its Q1 2024 financial results, with gross billings up by 55.6% YoY to $12.6M and net revenues increasing by 70.1% YoY to $9.4M. The number of active students also saw a substantial rise of 83.3% YoY.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:04 am

COE

51Talk Online Education Group expects Q2 2024 net gross billings to be between $13.5 million and $14.0 million, representing a sequential growth of 7.5% to 11.5%.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:03 am

COE

51 Talk Online Education reported its Q1 financial results with an adjusted EPADS of $(0.60), down from $(0.39) year-over-year, and sales of $9.45 million, up from $5.55 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:01 am

BMR

CLNN

GDHG

GOOGL

ORCL

RTO

SRFM

THMO

WLGS

Oracle shares rose 9% in pre-market trading after reporting weaker-than-expected Q4 earnings and announcing a partnership with Google Cloud. Other notable pre-market movers include Golden Heaven Group Holdings, WANG & LEE GROUP, Surf Air Mobility, Beamr Imaging, and Rentokil Initial. ThermoGenesis Holdings and Clene Inc. were among the biggest losers.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 9:33 am