Streetbeat News

Revenues

IBKR

Interactive Brokers reported a year-over-year increase in December 2024 client Daily Average Revenue Trades (DARTs), indicating growth in trading activity.

Portfolio Pulse from

January 03, 2025 | 1:30 pm

DLTR

Dollar Tree Stores (DLTR) is recommended as a buy despite short-term concerns. The company shows improved fundamentals and attractive valuation. Concerns include the MPP initiative and slower same-store sales growth (SSSG), but there is sequential improvement in SSSG due to increased store traffic. Family Dollar's success in discretionary goods suggests potential for similar success across the Dollar Tree banner.

Portfolio Pulse from

January 03, 2025 | 1:15 pm

GLPEY

Galp Energia has made a successful oil and gas discovery in Namibia's Orange Basin, specifically in the Mopane Complex. This discovery paves the way for further exploration and seismic campaigns in the region.

Portfolio Pulse from

January 03, 2025 | 1:00 pm

DKS

TJX

WMT

Walmart, TJX Companies, and Dick's Sporting Goods are well-positioned to deliver value and gain market share in a stable retail environment, making them reliable dividend investments for 2025.

Portfolio Pulse from

January 03, 2025 | 1:00 pm

OLED

Levi & Korsinsky has initiated an investigation into Universal Display Corporation (NASDAQ:OLED) for potential violations of federal securities laws. This follows the company's strong 2Q 2024 results and an upward revision of its full-year revenue outlook.

Portfolio Pulse from

January 03, 2025 | 12:45 pm

CAG

Levi & Korsinsky is investigating Conagra Brands, Inc. for potential securities fraud violations following a reported decrease in net sales in their 1Q 2025 financial results.

Portfolio Pulse from

January 03, 2025 | 12:45 pm

AAPL

Foreign mobile phone sales in China dropped by 47.4% in November, with Apple being the most affected as it holds the majority share of foreign phone shipments in the country.

Portfolio Pulse from

January 03, 2025 | 12:45 pm

CME

CME Group reported a record annual average daily volume (ADV) of 26.5 million contracts in 2024, marking a 9% increase over 2023. Growth was observed across all six asset classes, with notable records in interest rate, agricultural, foreign exchange, and metals products, as well as U.S. Treasury and SOFR complexes. Additionally, record ADV was achieved outside the U.S. and in Q4 for U.S. Treasury and cryptocurrency complexes.

Portfolio Pulse from

January 03, 2025 | 12:45 pm

AAPL

Apple is facing challenges in maintaining iPhone sales in China as foreign smartphone shipments to the country nearly halved in November.

Portfolio Pulse from

January 03, 2025 | 12:30 pm