Streetbeat News

Revenues

SYM

Symbotic Inc. (SYM) has restated its financial results for three fiscal 2024 quarters due to significant errors in previously reported revenue and profitability figures. This comes amid a securities class action over improper accounting.

Portfolio Pulse from

January 13, 2025 | 3:45 pm

BOOT

Boot Barn's preliminary Q3 results show a net sales growth of 16.9%, with same-store sales increasing by 8.6% and retail store same-store sales up by 8.2%.

Portfolio Pulse from

January 13, 2025 | 3:45 pm

SKX

Skechers (SKX) is trading above its 50 and 200-day SMAs, indicating potential bullish momentum. The company's multi-brand strategy and focus on comfort-driven products, along with strong direct-to-consumer and wholesale growth, suggest continued success.

Portfolio Pulse from

January 13, 2025 | 3:30 pm

PLYM

Plymouth Industrial (PLYM) ends 2024 on a strong note with significant rent growth and strategic acquisitions, showcasing resilient growth and a strategic focus in Q4.

Portfolio Pulse from

January 13, 2025 | 3:30 pm

SNX

The article discusses the importance of TD SYNNEX's (SNX) international revenue trends in assessing the company's financial stability, growth prospects, and potential stock price performance.

Portfolio Pulse from

January 13, 2025 | 3:30 pm

SVCO

Silvaco Group (SVCO) shares plummeted after the company disclosed delayed orders and a poor FY 2024 outlook, leading to a significant revenue decline and reduced guidance.

Portfolio Pulse from

January 13, 2025 | 3:00 pm

UNH

UnitedHealth's Q4 earnings are expected to be positively impacted by increasing premiums and service revenues. Investors are considering whether to buy now or wait for the results.

Portfolio Pulse from

January 13, 2025 | 2:45 pm

FLNC

Fluence Energy (FLNC) is experiencing a significant decline in its stock price, down over 28% year-to-date, due to declining revenues and an ongoing SEC investigation into alleged improper accounting practices. Hagens Berman is investigating potential securities law violations.

Portfolio Pulse from

January 13, 2025 | 2:45 pm

^DJI

^GSPC

US stocks, including the Dow Jones and S&P 500, fell sharply as a jobs report exceeded expectations, increasing uncertainty about future interest rate hikes.

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January 13, 2025 | 2:45 pm

GOLD

Barrick Gold is considered undervalued with a P/E ratio of 8-9 for 2025-2026 earnings, making it an attractive buy. Despite political risks in Mali, its strong balance sheet and substantial reserves ensure long-term stability and growth.

Portfolio Pulse from

January 13, 2025 | 2:45 pm