Streetbeat News

Earnings

CISS

C3is reported Q1 2024 earnings per share (EPS) of $1.11, a significant decrease from $10.06 year-over-year (YoY). However, the company's revenue increased to $12.792 million from $3.151 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:22 pm

AMC

CLS

FIX

INSP

MRNA

UEC

Jim Cramer on CNBC's 'Mad Money Lightning Round' praised Celestica Inc. (CLS) for its strong Q1 results, recommended buying Comfort Systems USA (FIX) and Uranium Energy Corp. (UEC), and suggested selling AMC Entertainment Holdings (AMC). He also commented positively on Moderna (MRNA) amid its legal victory over Pfizer (PFE) and BioNTech (BNTX).

Portfolio Pulse from Avi Kapoor

May 28, 2024 | 1:12 pm

BAH

Booz Allen Hamilton (NYSE: BAH) has been analyzed by four financial analysts, revealing a range of sentiments from bullish to indifferent. Recent analyst actions have predominantly been positive, with several raising their price targets. The average 12-month price target is now $171.0, reflecting an 8.06% increase from the previous average. The company's financials show strong revenue growth, net margin, ROE, and ROA, but it faces challenges with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 1:01 pm

BNS

Scotiabank (NYSE:BNS) reported a 5.5% year-over-year revenue growth for Q2 fiscal 2024, beating consensus estimates. Despite a decline in adjusted EPS, the bank showed strong capital ratios and positive operating leverage. Shares are trading higher by 1.51% premarket.

Portfolio Pulse from Akanksha Bakshi

May 28, 2024 | 12:56 pm

META

NVDA

SPY

Ed Yardeni, founder and CEO of Yardeni Research, has rebranded the 'Magnificent Seven' tech giants as the 'Magnificent One,' highlighting Nvidia Corp. (NASDAQ:NVDA) as the key driver of this year's market gains. Nvidia has surged 115% year-to-date, significantly outperforming other tech giants and the broader S&P 500 index. Yardeni attributes Nvidia's success to its dominance in the AI sector, though he cautions about the impact of high capital expenditures on its clients. Yardeni's 'Roaring 2020s' scenario predicts continued economic growth driven by technology, with the Dow Jones Industrial Average potentially reaching 60,000 points and the S&P 500 climbing to 8,000 by 2030.

Portfolio Pulse from Piero Cingari

May 28, 2024 | 12:52 pm

AMD

AXP

MSFT

NVDA

SHEL

SPRX

STM

TRFK

AMD claims a 33% share in the server CPU market and is preparing to launch its next-gen 'Turin' processors. The company highlighted its growth in servers, CPUs, and GPUs, and announced partnerships with major companies like Microsoft. AMD's stock is trading higher, and analysts expect continued optimism in the semiconductor industry despite some challenges.

Portfolio Pulse from Anusuya Lahiri

May 28, 2024 | 12:48 pm

DSX

Diana Shipping (NYSE:DSX) reported Q1 2024 earnings per share of $0.01, missing the analyst consensus estimate of $0.02. The company also reported a 20.64% year-over-year decrease in sales, from $72.640 million to $57.648 million.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:47 pm

NRXP

NRx Pharmaceuticals presented its Phase 2b/3 trial results for NRX-101 at the ASCP Annual Meeting. The trial showed that NRX-101 significantly reduces suicidality and symptoms of akathisia in bipolar depression compared to the standard treatment, lurasidone.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:47 pm

ICCM

Icecure Medical (NASDAQ:ICCM) reported Q1 EPS of $(0.08), meeting analyst expectations, but missed sales estimates with $743K, a 4.65% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:45 pm

ETRGF

Entourage Health Corp. reported a 9% YoY increase in Q1 revenue, positive EBITDA, and substantial growth. The company achieved a gross profit of CA$5.8 million and a gross margin of 45%. Despite a loss of CA$6.3 million, the company showed improved profitability and significant growth in its adult-use business.

Portfolio Pulse from Jelena Martinovic

May 28, 2024 | 12:42 pm