Streetbeat News

Earnings

UEC

Uranium Energy (AMEX:UEC) reported a Q3 EPS of $(0.05), missing the analyst consensus estimate of $0.01 by 600%. This represents a 66.67% increase in losses compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:38 pm

USB

U.S. Bancorp executives have announced that there will be no changes to the company's guidance for the second quarter, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:23 pm

AAPL

AFRM

CVGW

SHLS

Several US-listed stocks saw significant gains on Tuesday despite a broader market decline. Shoals Technologies Group, Inc. (SHLS) rose 10% after announcing a share repurchase program. Calavo Growers, Inc. (CVGW) jumped 14.1% following its Q2 financial results. Affirm Holdings, Inc. (AFRM) gained 5.4% due to its payment products being integrated with Apple Pay. Apple Inc. (AAPL) rose 3.4% after revealing plans to integrate Google's AI model and Affirm's payment products.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 2:17 pm

ADSK

Autodesk shares are trading lower following the release of Q1 financial results and a stockholder derivative complaint filed against the company's directors and Chief Strategy Officer.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:16 pm

CI

Cigna's CFO announced that the company expects significant growth in its Select Segment within the Cigna Healthcare portfolio, as stated during the Goldman Sachs conference.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:15 pm

MMC

Marsh & McLennan Inc. (NYSE:MMC) has seen a slight drop in its stock price by 0.49% to $208.58 in the current session. Despite this, the stock has increased by 1.71% over the past month and 17.11% over the past year. The company's P/E ratio is lower than the industry average, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 2:15 pm

BTCUSD

ETHUSD

The cryptocurrency market is bracing for significant volatility ahead of the Federal Open Market Committee (FOMC) meeting and key US inflation data releases. Analyst Ted highlights the potential for market-moving events, with Bitcoin expected to fluctuate between $64,900 and $74,300 and Ethereum between $3,399 and $4,014. The market has largely priced out a July rate cut following robust employment data, leading to outflows from spot Bitcoin ETFs. Ted remains optimistic about the overall economic outlook despite short-term fears.

Portfolio Pulse from Murtuza Merchant

June 11, 2024 | 2:12 pm

CI

Cigna's CFO announced that the company expects elevated inpatient activity throughout 2024. The outpatient dynamic was impacted by a Change Healthcare hack that disrupted claims in Q1.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:10 pm

CI

Cigna's CFO has reported elevated cost trends across the company's portfolio, which are in line with their pricing and expectations. This was disclosed at a Goldman Sachs conference.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:06 pm

BYFC

Broadway Financial (NASDAQ:BYFC) reported a Q1 EPS of $(0.02), a significant decrease from $0.17 YoY, and sales of $7.83M, down from $8.56M YoY.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:05 pm