Streetbeat News

Revenues

MSFT

NVDA

Microsoft plans to invest $80 billion in data centers for AI and cloud applications, with a significant portion in the U.S. Nvidia is predicted to benefit greatly from this investment.

Portfolio Pulse from

January 11, 2025 | 8:45 am

YETI

YETI's stock has declined by 20% over the past year, making it an attractive buy at a forward P/E of 13x. The company is experiencing over 30% growth in international sales and expanding into new product categories like cookware, potentially increasing its total addressable market by $10 billion. YETI is also mitigating tariff risks by shifting Drinkware production outside of China, targeting 50% by 2025.

Portfolio Pulse from

January 11, 2025 | 3:00 am

VZ

Verizon's stock offers a 7% yield, appealing to income investors. The company expects Q4 revenue between $35.3-$35.8 billion, driven by iPhone launches and wireless growth. Key metrics include cash flow and debt progress, with free cash flow projections covering dividends and aiding debt servicing.

Portfolio Pulse from

January 10, 2025 | 10:45 pm

IHT

InnSuites Hospitality Trust (NYSE American: IHT) has declared its 55th consecutive annual dividend, with a semi-annual dividend of $0.01 per share. The company reported strong hotel operations with December revenues totaling $505,422.

Portfolio Pulse from

January 10, 2025 | 10:45 pm

ALIZF

Mohamed El-Erian, Allianz's chief economic advisor, discusses the recent rise in oil prices, attributing it to supply issues rather than demand. He also comments on movements in stocks and yields.

Portfolio Pulse from

January 10, 2025 | 10:30 pm

COIN

Coinbase Global's stock surged by 42.8% in 2024, driven by a revival in the cryptocurrency market.

Portfolio Pulse from

January 10, 2025 | 10:30 pm

RICK

RCI Hospitality is implementing a 'Back-to-Basics' strategy to improve performance by divesting underperforming Bombshells locations and focusing on club acquisitions and share buybacks. The company aims for $400 million in sales and $75 million in free cash flow by FY2029, with a potential 26% upside to a fair value of $70.8.

Portfolio Pulse from

January 10, 2025 | 10:30 pm

IEF

The S&P 500 index dropped over 1.5% after a stronger than expected December jobs report, marking a 4.32% decline from its record close on December 6, 2024, and a 0.71% decrease year-to-date.

Portfolio Pulse from

January 10, 2025 | 10:15 pm

BNO

Stocks experienced a significant decline as yields increased, and oil prices reached their highest level since October. David Zervos from Jefferies and Bob Elliott from Unlimited discussed the market's movements.

Portfolio Pulse from

January 10, 2025 | 10:00 pm

JWN

Nordstrom has increased its full-year sales outlook following a better-than-expected holiday season in terms of spending at its website and stores. However, the company has maintained its profit outlook.

Portfolio Pulse from

January 10, 2025 | 10:00 pm