Streetbeat News

Revenues

TJX

TJX Companies, Inc. anticipates an increase in its fiscal year 2025 gross margin by 30 basis points, reaching 30.2%.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 3:37 pm

BABA

Alibaba Group's international e-commerce arm reported a 32% revenue growth, driven by strong cross-border business and innovations. AliExpress and Lazada showed significant performance improvements, with Lazada achieving its first positive EBITDA. Alibaba's stock rose 4.6% following the results.

Portfolio Pulse from The Bamboo Works

August 21, 2024 | 3:35 pm

SYK

Stryker (NYSE:SYK) has significantly outperformed the market over the past decade, with an average annual return of 15.31%. A $100 investment in Stryker 10 years ago would now be worth $415.06, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 3:30 pm

FLR

Fluor (NYSE:FLR) has outperformed the market over the past 5 years, achieving an average annual return of 24.44%. A $100 investment in Fluor 5 years ago would now be worth $288.30, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 3:30 pm

TJX

TJX Companies projects its fiscal year 2025 consolidated sales to be between $55.8 billion and $56.1 billion, slightly below the estimated $56.03 billion.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 3:25 pm

AAPL

PYPL

SQ

Apple's iOS 18.1 update opens NFC technology to developers, allowing PayPal and Block to engage more directly with iOS users, potentially reshaping the mobile payments landscape. However, this opportunity comes with financial complexities and challenges.

Portfolio Pulse from Surbhi Jain

August 21, 2024 | 3:24 pm

MULN

Mullen Automotive's stock is trading higher after announcing that its unit, Bollinger Motors, will start producing the Bollinger B4 Chassis Cabs in September 2024, with deliveries and revenue expected in October 2024. The B4 EV truck is designed with a secure battery solution and will be produced in partnership with Roush Industries.

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2024 | 3:13 pm

BCSF

Bain Capital Specialty (NYSE:BCSF) has received mixed analyst ratings over the past three months, with a recent average price target increase to $17.25. Analysts have maintained or adjusted their ratings based on market dynamics and company performance. BCSF has shown positive revenue growth and strong financial metrics, including a high net margin and effective debt management.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 3:01 pm

JWN

Nordstrom shares are experiencing a decline due to Macy's Q2 revenue miss and reduced 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 3:00 pm

ITRI

Itron (NASDAQ:ITRI) has received mixed analyst ratings, with a recent average price target increase to $118.9. Analysts have adjusted their ratings and price targets, reflecting positive sentiment. Itron's financials show strong revenue growth and profitability, but a high debt-to-equity ratio indicates financial risk.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 3:00 pm