Streetbeat News

Earnings

YALA

Yalla Group Ltd. (NYSE:YALA) reported strong profit growth of 56% in its latest quarterly results, but revenue growth was slower at 7.1%. The company is focusing on expanding into midcore and hardcore gaming by seeking partnerships with established game publishers. Yalla recently joined the UK Interactive Entertainment Association to explore these opportunities. Despite a brief dip, Yalla's stock has shown an 11% increase over the last year.

Portfolio Pulse from The Bamboo Works

May 28, 2024 | 5:53 pm

ARM

GME

MRNA

NVDA

SOXX

TLT

US stocks showed mixed performance as Nvidia and other chipmakers surged, while Moderna tumbled and GameStop spiked. Treasury yields rose, impacting bond ETFs negatively.

Portfolio Pulse from Piero Cingari

May 28, 2024 | 5:47 pm

PLTR

Financial giants have shown a bullish interest in Palantir Technologies (NYSE:PLTR) through options trading. Analysis reveals 19 unusual trades with a significant focus on call options. The stock is currently trading at $21.09, with a neutral RSI. Analysts have mixed ratings, with target prices ranging from $9 to $35.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 5:45 pm

Mizuho Securities analyst Brett Linzey upgraded Parker-Hannifin Corp (NYSE:PH) from Neutral to Buy and raised the price target from $550 to $650. The upgrade follows the company's announcement of its five-year financial targets, including 4%-6% organic sales growth CAGR through 2029 and a 27% adjusted operating margin. The analyst highlighted the company's strong execution, credible track record, and growth potential in Aerospace & Defense and clean technology trends.

Portfolio Pulse from Shivani Kumaresan

May 28, 2024 | 5:40 pm

SCHW

Recent options trading trends for Charles Schwab (NYSE:SCHW) show a balanced sentiment among investors, with a mix of bullish and bearish trades. The stock is currently trading at $72.19, with a neutral RSI. Analysts have set an average price target of $85.5, with ratings ranging from Buy to Market Outperform.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 5:31 pm

AAPL

AMZN

LLY

MSFT

NVDA

Nvidia Corp (NASDAQ:NVDA) has become the world's third-most valuable company with a market cap nearing $3 trillion, driven by continuous earnings beats and demand for AI. Nvidia's 10-year growth of 22,080% outpaces other large-cap companies like Microsoft, Apple, Amazon, and Eli Lilly.

Portfolio Pulse from Hayden Buckfire

May 28, 2024 | 5:30 pm

AYRWF

JUSHF

The Viridian Chart of the Week highlights the high capital intensity in the cannabis industry compared to other sectors. The analysis shows that companies like Jushi (OTC:JUSHF) and AYR Wellness (OTC:AYRWF) have varying levels of capital intensity, impacting their EBITDA margins and returns on capital. The report suggests that while higher capital intensity can lead to higher EBITDA margins, it may not necessarily result in better returns on investment.

Portfolio Pulse from Viridian Capital Advisors

May 28, 2024 | 5:20 pm

DAC

Danaos Corporation (NYSE:DAC) reported Q1 FY24 results with a 4% increase in operating revenues to $253.4 million, missing the consensus of $256.0 million. Adjusted EBITDA declined to $177.2 million, and adjusted EPS of $7.15 missed the consensus of $7.74. Despite these misses, the company secured multi-year chartering agreements and added $423 million to its contracted revenue backlog. DAC shares are down 1.93% following the report.

Portfolio Pulse from Lekha Gupta

May 28, 2024 | 5:20 pm

DAVE

In the last three months, 6 analysts have published ratings on Dave (NASDAQ:DAVE), with all ratings being somewhat bullish. The average 12-month price target is $60.83, reflecting an 8.14% increase from the previous average. Key financial metrics for Dave include a 24.95% revenue growth rate, a 46.51% net margin, a 31.95% ROE, a 12.93% ROA, and a debt-to-equity ratio of 0.6.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 5:01 pm

Over the past three months, five analysts have evaluated Franklin Covey (NYSE:FC), showing a range of sentiments from somewhat bullish to neutral. The average 12-month price target has decreased by 6.94%, with a current average target of $57.0. Analysts have maintained or lowered their ratings, reflecting a cautious outlook. Financial metrics indicate challenges in revenue growth, net margin, ROE, and ROA, although the company maintains a balanced debt approach.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 5:01 pm