Streetbeat News

Earnings

MLCO

Melco Resorts & Entertainment shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 3:52 pm

HQY

HealthEquity shares rose following the release of their Q2 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 3:21 pm

CRM

Salesforce (NYSE:CRM) is potentially undervalued compared to its peers in the software industry, with lower PE, PB, and PS ratios. However, its ROE is below the industry average, indicating lower profitability. Despite strong EBITDA and gross profit, its revenue growth lags behind peers.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 3:00 pm

SOXX

SSNLF

TDIV

TSM

Taiwan Semiconductor Manufacturing Co (TSM) and Samsung Electronics expressed optimism about AI growth at the Semicon Taiwan forum. TSM raised its revenue forecast due to AI and smartphone demand, and its stock has gained 70% in the past year. Analysts have a bullish outlook on TSM with a 1-year price target of $224.29.

Portfolio Pulse from Anusuya Lahiri

September 04, 2024 | 2:58 pm

BIIB

Biogen Inc. announced positive topline results from the Phase 2/3 DEVOTE study, showing that a higher dose regimen of nusinersen (Spinraza) significantly improves motor function in infants with spinal muscular atrophy (SMA). The study met its primary endpoint and showed the higher dose regimen to be well tolerated. Biogen's stock saw a slight increase following the news.

Portfolio Pulse from Vandana Singh

September 04, 2024 | 2:43 pm

BTCUSD

DOGEUSD

ETHUSD

GTLB

The article covers a range of topics including a drop in Bitcoin, Ethereum, and Dogecoin prices due to increased liquidations, GitLab's share price surge, and a potential 15-20% drop in Bitcoin if the Fed cuts interest rates. It also discusses political developments, market trends, and various company news.

Portfolio Pulse from Akanksha Bakshi

September 04, 2024 | 2:35 pm

BYRN

Byrna Technologies shares rose after the company announced preliminary Q3 financial results with revenue exceeding estimates.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:31 pm

DKS

Dick's Sporting Goods shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:30 pm

CRMT

America's Car-Mart reported a Q1 loss with a 15-cent loss per share, missing profit expectations. Revenues fell 5.2% year-over-year, driven by a decrease in retail units sold. Despite some positive signs like improved gross profit margin and increased interest income, the stock fell over 10%.

Portfolio Pulse from Nabaparna Bhattacharya

September 04, 2024 | 2:09 pm

CASY

Casey's General Stores, Inc. (NASDAQ:CASY) is set to release its Q1 earnings on Sept. 4, with expectations of $4.52 EPS and $4.2 billion in revenue. The company recently announced a $1.145 billion acquisition of Fikes Wholesale. Analysts have revised their ratings, with price targets ranging from $400 to $445.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 2:07 pm