Streetbeat News

Revenues

LAZR

Luminar Technologies, despite partnerships with Volvo and Nvidia, faces financial challenges with high debt and speculative valuation. The company is not yet profitable, with significant operating losses and negative gross margins, raising concerns about its financial health.

Portfolio Pulse from

January 08, 2025 | 2:45 pm

FLUT

Flutter Entertainment, the owner of FanDuel, has cut its financial guidance due to a successful NFL season for betting favorites, which negatively impacted the company's revenue.

Portfolio Pulse from

January 08, 2025 | 2:30 pm

ASB

Associated Banc-Corp (ASB) is benefiting from a strategic expansion plan, balance sheet repositioning, and a rise in loans and deposits, despite facing challenges from higher costs and weak asset quality.

Portfolio Pulse from

January 08, 2025 | 2:30 pm

RICK

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported its club and restaurant sales for the fiscal first quarter ending December 31, 2024. The sales figures exclude non-core operations and are pending final closing.

Portfolio Pulse from

January 08, 2025 | 2:15 pm

DNRSF

SMAGF

Soma Gold Corp. reported strong 2024 production results at its Cordero mine in Colombia, achieving 92.4% of its production target. The company is also considering a partnership with Denarius Metals.

Portfolio Pulse from

January 08, 2025 | 2:15 pm

KRC

Kilroy Realty Corporation (KRC) presents a strong investment opportunity with a 5.46% forward dividend yield and 27 years of consecutive payments. The company's Q3 2024 results show revenue growth, increased FFO, and positive leasing activity, with an optimistic outlook despite office sector uncertainties.

Portfolio Pulse from

January 08, 2025 | 2:15 pm

APGI

American Power Group Corporation (APGI) reported a significant increase in revenue for the fiscal year ended September 30, 2024, with a 286% rise to $3.4 million, driven by strong oil/gas dual fuel conversions.

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January 08, 2025 | 2:15 pm

FCNCA

Venture Capital investment in healthcare increased to $23 billion in 2024, with significant growth in biopharma AI investments, according to Silicon Valley Bank's report. AI accounted for 30% of healthcare investments.

Portfolio Pulse from

January 08, 2025 | 2:15 pm

AAAU

Spot gold prices have retreated from their recent highs following a drop in U.S. weekly jobless claims to 201,000. This economic data suggests a stronger labor market, which can impact gold prices negatively as investors may anticipate less need for safe-haven assets.

Portfolio Pulse from

January 08, 2025 | 2:00 pm