Streetbeat News

Earnings

DGLY

Digital Ally (NASDAQ:DGLY) reported Q2 earnings per share (EPS) of $(1.74), an improvement from $(3.01) YoY. However, sales decreased to $5.62M from $8.28M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 7:40 am

ASTS

INTA

LITE

LOAR

QFIN

RKLB

TEM

The article highlights the top 7 best-performing mid-cap stocks from August 11 to August 17. AST SpaceMobile, Tempus AI, Intapp, Loar Holdings, Rocket Lab USA, Qifu Technology, and Lumentum Holdings saw significant gains due to various positive developments.

Portfolio Pulse from Lekha Gupta

August 18, 2024 | 7:28 pm

Goldman Sachs has revised the U.S. recession risk down to 20% due to positive economic data, including strong retail sales and low jobless claims. The upcoming jobs report on September 6 could further reduce the recession risk to 15%. Goldman Sachs also anticipates a potential 25 basis point interest rate cut by the Federal Reserve in September.

Portfolio Pulse from Bibhu Pattnaik

August 18, 2024 | 1:45 pm

GOOGL

NVDA

TSLA

This week in AI news, former President Trump was shocked by AI's energy consumption, Nvidia's upcoming earnings report is highly anticipated, and Google faces cybersecurity concerns. Tesla's AI edge and Google's work-life balance issues were also highlighted.

Portfolio Pulse from Benzinga Neuro

August 18, 2024 | 1:00 pm

TSLA

This week in economics featured Peter Schiff's warnings about inflation, Justin Wolfers' critique of Trump's economic team, Kevin O'Leary's market insights, and a record-breaking interview between Elon Musk and Donald Trump. Schiff warned of potential inflation due to lower interest rates and a recession, while Wolfers criticized the competence of Trump's economic team. O'Leary discussed market expectations for interest rate cuts and shared his thoughts on Tesla Inc. (NASDAQ:TSLA) CEO Musk. The Musk-Trump interview attracted over 1.3 million listeners despite a DDoS attack.

Portfolio Pulse from Benzinga Neuro

August 18, 2024 | 10:00 am

BTHM

FDV

IEDI

LQAI

MDCP

NXTV

ROST

RSPD

RTH

TGT

VDC

XLP

Analysts from Tesley Advisory Group expect Target Corporation (NYSE:TGT) and Ross Stores, Inc. (NYSE:ROST) to post higher revenues for the second quarter due to resilient consumer spending. Target's revenue is forecasted to rise by 2% to $25.3 billion, while Ross Stores' revenue is expected to jump by 6.9% to $5.28 billion. Both companies have received positive ratings from analysts.

Portfolio Pulse from Michael Juliano

August 17, 2024 | 4:46 pm

The S&P 500 had its best week of 2024, rising 3.9% due to favorable economic data, including lower inflation, increased retail sales, and decreased jobless claims. Analysts at Goldman Sachs remain optimistic about continued economic growth and decelerating inflation.

Portfolio Pulse from Bibhu Pattnaik

August 17, 2024 | 1:30 pm

GOEV

KARS

LCID

RIVN

TSLA

The article discusses the latest developments in the electric vehicle (EV) sector, highlighting Tesla's market share erosion, Lucid's technological advancements, Rivian's production halt, and recalls by Ford and GM. It also mentions Canoo's financial performance and the performance of various EV stocks over the week.

Portfolio Pulse from Shanthi Rexaline

August 17, 2024 | 12:30 pm

GTBIF

MRMD

VRNOF

Pablo Zuanic of Zuanic & Associates analyzed the Q2 2024 performance of Verano Holdings, Green Thumb Industries, and MariMed Inc. Verano saw a 6% revenue increase due to strategic acquisitions, Green Thumb's revenue grew 10% with strong free cash flow, and MariMed reported a 4% revenue increase with a focus on organic growth.

Portfolio Pulse from Nicolás Jose Rodriguez

August 16, 2024 | 10:30 pm

ICCT

iCoreConnect shares are trading higher after the company reported a year-over-year increase in Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 8:39 pm