Streetbeat News

Revenues

EBS

In the last three months, 7 analysts have published ratings on Emergent BioSolutions (NYSE:EBS), all of which are bullish. The average 12-month price target is $8.00, reflecting a 5.68% increase from the previous target of $7.57. Despite a 25.11% decline in revenue over the past three months, analysts maintain a positive outlook.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 8:01 pm

DHI

LEN

PBJ

SPY

XHB

Vice President Kamala Harris outlined her plan to lower costs for middle-class Americans, focusing on food, home ownership, and healthcare. She criticized Donald Trump's tax plan, which she claims will increase costs for essential goods. Harris emphasized her commitment to building an 'opportunity economy' and targeting 'bad actors' in the food industry. She also proposed building three million new homes and restoring tax cuts for the middle class.

Portfolio Pulse from Chris Katje

August 16, 2024 | 7:37 pm

PANW

Analysts expect Palo Alto Networks Inc (NASDAQ:PANW) to report Q4 earnings per share of $1.41 on revenue of $2.162 billion. Wedbush maintains an Outperform rating with a $375 price target, citing the company's platformization strategy as a key growth driver. Despite near-term challenges, PANW is seen as a top cybersecurity pick for the next 12-18 months.

Portfolio Pulse from Henry Khederian

August 16, 2024 | 7:28 pm

DBB

HD

WMT

Walmart beat Wall Street forecasts for Q2 profits and sales, raising its full-year outlook, while Home Depot cut its sales outlook for 2024 due to economic uncertainties. Retail sales in the U.S. grew, but credit-card delinquencies and falling commodity prices indicate economic concerns. The Invesco DB Base Metals Fund also saw a decline.

Portfolio Pulse from Michael Juliano

August 16, 2024 | 7:21 pm

META

Meta Platforms Inc. (NASDAQ:META) has indefinitely shelved its VR project for 'GTA: San Andreas' amid $16 billion in losses for its Reality Labs division. This decision reflects Meta's need to reassess priorities in a challenging market.

Portfolio Pulse from Franca Quarneti

August 16, 2024 | 7:10 pm

EWC

RTX

The U.S. State Department has approved a potential $264.6 million sale of AIM-9X Sidewinder Block II+ and Block II tactical missiles to Canada, as announced by the Pentagon.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:04 pm

UNIUSD

Uniswap (UNI) has seen a price increase of 6.18% in the past 24 hours, reaching $6.51. Over the past week, the price has risen by over 5.0%. The trading volume has increased by 10.0%, and the circulating supply has grown by 0.34%. UNI's market cap is currently $4.90 billion, ranking it #24.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 7:00 pm

CBSTF

The Cannabist Company Holdings Inc. (CBSTF) has launched new cannabis-infused products from ButACake in Maryland, expanding their collaboration. The products include oral dissolvable 10mg strips in various flavors. Maryland's legal weed market has surpassed $1.1 billion in sales.

Portfolio Pulse from Jelena Martinovic

August 16, 2024 | 6:57 pm

RDW

Redwire shares are trading higher after the company raised its FY24 revenue guidance above estimates and announced the acquisition of Hera Systems.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:40 pm

AAPL

GOOGL

Epic Games has launched its mobile store in Europe, intensifying its ongoing conflict with Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOGL). The store, now live on Android globally and on iPhones in mainland Europe, follows years of legal disputes. Epic's CEO Tim Sweeney criticized Apple's app store fees and policies, which he claims penalize developers. The European Union's Digital Markets Act has facilitated this launch, but challenges remain. Epic aims for 100 million new installs by year-end and is working to attract third-party developers.

Portfolio Pulse from Franca Quarneti

August 16, 2024 | 6:32 pm