Streetbeat News

Revenues

TSLA

Tesla reported its first-ever year-over-year decline in car sales, selling 1,789,226 vehicles in 2024, indicating a slowdown in the electric vehicle market.

Portfolio Pulse from

January 02, 2025 | 2:30 pm

CRWD

The cybersecurity market is expected to grow significantly, reaching over $10.50 trillion by 2027. This growth presents opportunities for cybersecurity companies, with spending likely concentrated on a few key players.

Portfolio Pulse from

January 02, 2025 | 2:30 pm

TSLA

Tesla's shares declined after the company reported its first drop in annual delivery numbers. Despite a late-year stock rally, CEO Elon Musk warned of slower growth, although results improved later in the year.

Portfolio Pulse from

January 02, 2025 | 2:30 pm

SYM

Symbotic Inc. (SYM) has restated its financial statements for three fiscal 2024 quarters, revealing significant errors in previously reported revenue and profitability figures. This has led to scrutiny and potential legal action.

Portfolio Pulse from

January 02, 2025 | 2:15 pm

PTLO

Portillo's (PTLO) is recommended for retention in portfolios due to its technology-driven initiatives, expansion strategy, and focus on brand value, which position it for growth. However, elevated costs remain a concern.

Portfolio Pulse from

January 02, 2025 | 2:00 pm

LVO

LiveOne's subsidiary, Splitmind, has achieved a significant milestone by co-producing SZA's 'Lana' Deluxe album, which has propelled SZA's 'SOS' back to the number 1 spot on Billboard. This success is expected to drive significant revenue for LiveOne.

Portfolio Pulse from

January 02, 2025 | 2:00 pm

LULU

MA

ULTA

V

XRT

Dana Telsey from Telsey Advisory Group highlights Lululemon and Ulta as winners in a stronger-than-expected holiday season, with Visa and Mastercard reporting year-over-year increases. However, retail stocks like XRT are down.

Portfolio Pulse from

January 02, 2025 | 1:45 pm

NIO

NIO is expected to rebound in 2025 due to margin expansion, new model launches, and an expanding market presence. Q3 results show increased deliveries and margins, driven by the ONVO L60 and efficient cost management. NIO's ecosystem, including BaaS and power swap stations, supports future growth.

Portfolio Pulse from

January 02, 2025 | 1:45 pm

HIMS

Hims & Hers Health, Inc. is considered a 'Strong Buy' despite a recent 30% stock drawdown, due to its undervaluation and strong growth potential. The company reported a 44% increase in subscribers and 77% year-over-year revenue growth in Q3 2024, and has raised its FY-2024 revenue outlook.

Portfolio Pulse from

January 02, 2025 | 1:45 pm

CRL

Charles River Laboratories (CRL) shows strong potential in the Research Models and Services (RMS) segment and maintains solid financial stability, making it an attractive option for investors.

Portfolio Pulse from

January 02, 2025 | 1:45 pm