Streetbeat News

Revenues

BYDDY

Chinese carmaker BYD has announced that a third ship carrying nearly 5,000 new energy vehicles (NEVs) has departed for Europe, indicating a strong push into the European market.

Portfolio Pulse from

January 08, 2025 | 4:15 am

CDDRF

Headwater Exploration reported Q4 production of 21,500 BOED, with secondary recovery techniques enhancing cash flow due to low decline rates. Management reports rapid payback on new acreage.

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January 08, 2025 | 2:30 am

AMZN

Amazon Web Services (AWS), a subsidiary of Amazon.com, has launched a new infrastructure region in Thailand, marking a significant expansion in the Asia Pacific region. AWS plans to invest over $5 billion as part of its long-term commitment to the region.

Portfolio Pulse from

January 08, 2025 | 2:15 am

MU

Micron Technology has initiated the construction of a new HBM advanced packaging facility in Singapore, with an investment of approximately $7 billion over the next several years. This move aims to meet the growing demand for AI data centers.

Portfolio Pulse from

January 08, 2025 | 2:15 am

BNO

Oil prices increased due to tighter supplies from Russia and OPEC, along with a rise in U.S. job openings indicating potential growth in oil demand.

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January 08, 2025 | 2:00 am

AMZN

Amazon Web Services (AWS) is set to invest $11 billion in Georgia to enhance its cloud computing and AI infrastructure, creating 550 new jobs and strengthening Georgia's status as a tech hub.

Portfolio Pulse from

January 08, 2025 | 1:30 am

QQQ

SPY

The S&P 500 and Nasdaq ended their two-day winning streak, dropping by 1.11% and 1.88% respectively, due to healthy economic data and rising bond yields.

Portfolio Pulse from

January 07, 2025 | 11:45 pm

STRL

Sterling Infrastructure, Inc. has amended the operating agreement for its subsidiary, Road and Highway Builders, LLC, affecting how its results are reported under GAAP. This change does not impact RHB's contribution to Sterling's net income.

Portfolio Pulse from

January 07, 2025 | 11:15 pm

RELX

RELX PLC has been upgraded to a Buy due to expected improvements in its Legal and STM segments. STM is shifting from print to online databases, potentially achieving 7% annual growth. The Legal segment's AI products are projected to drive a 9% CAGR from 2024-2028.

Portfolio Pulse from

January 07, 2025 | 11:00 pm

CELH

Celsius Holdings has shown significant growth with over $1.3B in revenue and $200 million in net income, driven by branding and partnerships. Despite recent stagnation and margin pressures, it remains a high-risk, high-reward opportunity. Competition and dependence on PepsiCo are risks, but brand loyalty and international expansion offer growth potential.

Portfolio Pulse from

January 07, 2025 | 10:45 pm