Streetbeat News

Earnings

BSFC

Blue Star Foods (NASDAQ:BSFC) reported Q2 EPS of $(1.52), a significant improvement from $(30.68) YoY. Sales increased by 7.34% to $1.78M from $1.66M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:49 pm

AMAT

IYJ

JEPQ

NU

Applied Materials, Nu Holdings, and other assets were highlighted on CNBC's 'Final Trades'. Applied Materials is set to release its Q3 earnings, with expectations of $2.02 EPS and $6.67 billion in revenue. Nu Holdings reported strong Q2 results with a 65% YoY revenue increase. ETFs JEPQ and IYJ were also mentioned.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 12:46 pm

SLNH

Soluna Holdings (NASDAQ:SLNH) reported Q2 earnings per share (EPS) of $(2.97), a significant improvement from $(6.75) YoY. Sales increased to $9.68M from $2.07M YoY, marking a 367.84% rise.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:46 pm

CSCO

Cisco Systems, Inc. (NASDAQ:CSCO) shares are trading higher in the premarket session after the company reported better-than-expected fourth-quarter revenue and earnings. Despite a 10% decline in total revenue, Cisco saw a 14% year-over-year growth in product orders and improved gross margins. The company also announced plans to cut around 7% of its global workforce, incurring up to $1 billion in pre-tax charges. Cisco aims to reallocate resources towards cybersecurity, cloud systems, and AI-related products.

Portfolio Pulse from Nabaparna Bhattacharya

August 15, 2024 | 12:45 pm

CNSP

CNS Pharmaceuticals (NASDAQ:CNSP) reported a Q2 EPS of $(6.72), showing an 87.04% improvement from the $(51.86) per share loss in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:45 pm

QQQ

SPY

U.S. retail sales surged by 1% in July, significantly exceeding expectations, while initial jobless claims fell short of forecasts, indicating a stronger labor market. Traders are now leaning towards a 25-basis-point rate cut by the Federal Reserve in September. U.S. index futures rose in premarket trading, with the Nasdaq 100, S&P 500, and Dow Jones futures all showing gains. The SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ) both recorded their fifth consecutive session of gains on Wednesday.

Portfolio Pulse from Piero Cingari

August 15, 2024 | 12:44 pm

CAH

Cardinal Health Inc (NYSE:CAH) reported better-than-expected earnings for Q4 2024, with adjusted EPS of $1.84 and sales of $59.87 billion. The company raised its fiscal year 2025 adjusted EPS guidance and updated its profit growth outlook. Analysts have raised their price targets for CAH following the earnings announcement.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 12:43 pm

RDE

RDE reported a Q2 EPS of $(0.30), down from $(0.05) year-over-year, and revenue of $20.020 million, down from $21.091 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:43 pm

SBET

SharpLink Gaming (NASDAQ:SBET) reported Q2 EPS of $(0.16), an 87.1% improvement from $(1.24) YoY. Sales were $981.27K, down 26.96% from $1.34M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:42 pm

ORGN

Origin Materials shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:42 pm