Streetbeat News

Revenues

DELL

The article highlights the significant growth potential of AI in various sectors, suggesting that AI stocks are a promising investment. It emphasizes the strong business and revenue expansion of leading AI hardware and software companies.

Portfolio Pulse from

January 07, 2025 | 11:30 am

MSFT

Microsoft is set to invest $3 billion to enhance its cloud-computing and AI capabilities in India, indicating a significant expansion in the region.

Portfolio Pulse from

January 07, 2025 | 11:15 am

FUBO

FuboTV is experiencing growth due to favorable industry trends in streaming content subscriptions globally.

Portfolio Pulse from

January 07, 2025 | 11:15 am

XLE

Energy stocks underperformed in 2024, with the Energy Select Sector SPDR Fund (XLE) returning only 2%, compared to the S&P 500's 23%.

Portfolio Pulse from

January 07, 2025 | 11:15 am

MOD

Modine (NYSE: MOD) is expanding its operations by opening a new facility in Chennai, India, to produce advanced cooling technologies for data centers and power generation equipment. This move aims to meet the growing demand in the data center industry.

Portfolio Pulse from

January 07, 2025 | 11:15 am

VRNA

Verona Pharma reports strong launch of Ohtuvayre with approximately $36 million in net product sales for Q4 and $42 million for the full year 2024.

Portfolio Pulse from

January 07, 2025 | 11:15 am

TRU

Despite interest rate cuts, over 25% of Canadians expect to struggle with bill payments, while more than 20% plan to take on more debt. Inflation remains a major concern for 82% of Canadians, with 44% reporting worse-than-expected household finances in 2024.

Portfolio Pulse from

January 07, 2025 | 11:15 am

ENVX

Enovix is poised to capitalize on the demand for high-energy density batteries, crucial for AI-enabled devices. The company is progressing towards scalable production with favorable economics and is financially equipped to expand production lines. Current valuations may not fully reflect its growth potential.

Portfolio Pulse from

January 07, 2025 | 11:00 am

JOBY

Joby Aviation is a speculative investment with potential high returns if it succeeds in the air taxi sector. The company is progressing towards FAA certifications but still needs type certification for its eVTOL aircraft. Financials show minimal revenue and high R&D costs, with future profitability dependent on consumer demand, scaling operations, and pricing strategy.

Portfolio Pulse from

January 07, 2025 | 11:00 am

CXBMF

Calibre Mining is positioned for substantial growth in 2025 due to its robust asset base, the nearly completed Valentine gold mine, and significant exploration potential. The Valentine mine is expected to add 180,000 toz gold annually, boosting cash flow and reducing risks.

Portfolio Pulse from

January 07, 2025 | 11:00 am