Streetbeat News

Revenues

CSGP

CoStar Group (NASDAQ:CSGP) has significantly outperformed the market over the past decade, with an annualized return of 17.12%. A $1000 investment in CSGP 10 years ago would now be worth $4,760.83, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 2:00 pm

DE

Deere (NYSE:DE) has outperformed the market over the past 5 years, delivering an average annual return of 19.86%. A $1000 investment in Deere 5 years ago would now be worth $2,427.26, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 2:00 pm

NOC

Northrop Grumman has been awarded a follow-on contract by the U.S. Navy for the next generation JCREW/DRAKE 2.0 systems, increasing the contract's value to over $161 million.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:59 pm

DTSS

Datasea has announced that the total value of its 5G-AI contracts currently in process exceeds $100 million. This highlights the company's significant involvement and growth in the 5G and AI sectors.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:48 pm

DTSS

Datasea reported a significant improvement in its financial performance for FY24, with EPS increasing from $(5.70) to $(4.38) and revenue rising from $3.641M to $23.976M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:47 pm

KMX

CarMax reported mixed Q2 earnings with sales beating expectations but profits weighed down by loan losses. Despite missing EPS estimates, sales rose to $7.01 billion, surpassing forecasts. Retail used unit sales increased, but wholesale units slightly declined. The company plans to expand with new store locations.

Portfolio Pulse from Nabaparna Bhattacharya

September 26, 2024 | 1:41 pm

FXI

MU

SPY

Micron Technology's stock surged following its earnings report, positively impacting the broader chip sector. Additionally, Chinese stocks gained due to reports of economic stimulus, and the US GDP grew by 3% in the last quarter.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:34 pm

SRE

Sempra Inc. (NYSE:SRE) has a current stock price of $82.20, with a slight drop of 0.22% in the current session. Over the past month, the stock increased by 0.72%, and by 20.84% over the past year. The company's P/E ratio is 17.74, lower than the Multi-Utilities industry average of 19.77, suggesting potential undervaluation or lower growth expectations.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 1:30 pm

NRG

NRG Energy Inc shares rose after the company increased its 2024 financial guidance, reflecting strong operational performance. The company raised its adjusted EBITDA and free cash flow forecasts, signaling confidence in its growth strategy.

Portfolio Pulse from Adam Eckert

September 26, 2024 | 1:24 pm

MULN

Mullen Automotive has announced a $3.2 million purchase order from Papé Truck for 50 electric vehicles, including 43 Class 3 trucks and 7 Class 1 vans. The delivery and revenue recognition are immediate, impacting 30 commercial locations.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:15 pm