Streetbeat News

Earnings

ESAB

ESAB shares are trading lower after the company reported Q2 financial results and cut its FY24 core revenue growth guidance.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 3:02 pm

OMI

Owens & Minor shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 3:01 pm

META

The article provides a comprehensive comparison of Meta Platforms (NASDAQ:META) against its peers in the Interactive Media & Services industry. It highlights Meta's strong financial performance, including high ROE, EBITDA, gross profit, and revenue growth, despite being overvalued based on PE, PB, and PS ratios. Meta's lower debt-to-equity ratio indicates a stronger financial position compared to its top competitors.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 3:00 pm

AMZN

The article provides a comprehensive analysis of Amazon.com (NASDAQ:AMZN) in comparison to its competitors in the Broadline Retail industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are examined. Amazon shows strong profitability and operational efficiency but has a lower revenue growth rate compared to the industry average.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 3:00 pm

NVDA

The article provides a comprehensive analysis of NVIDIA (NASDAQ:NVDA) compared to its competitors in the Semiconductors & Semiconductor Equipment industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are evaluated, highlighting NVIDIA's strong profitability and growth potential despite its higher valuation.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 3:00 pm

LSPD

Lightspeed Commerce shares are trading lower following Q1 earnings. Piper Sandler has lowered its price target on the stock from $17 to $15.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:57 pm

AMAT

INTC

Applied Materials (AMAT) shares are down 6.5% due to Intel's poor Q2 results and the company's failure to secure CHIPS Act funding for its $4 billion R&D center. Intel's financial struggles and potential cost reductions could negatively impact AMAT, a key supplier in the semiconductor industry.

Portfolio Pulse from Henry Khederian

August 02, 2024 | 2:54 pm

SGHT

Sight Sciences shares are trading lower after the company reported Q2 financial results and narrowed its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:53 pm

NMRK

Newmark Group has reiterated its FY24 outlook for total revenue, Adjusted EBITDA, Adjusted EPS, and the Adjusted Earnings tax rate. The company expects a 2%-3% growth in fully diluted weighted-average share count for adjusted earnings in FY24 compared to 2023.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:52 pm

AMZN

DIA

INTC

IWM

QQQ

SPY

Major indexes are lower following weak US jobs data and soft guidance from Amazon and Intel.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:50 pm