Streetbeat News

Revenues

LASE

Laser Photonics has received an international order for two of its laser machines from a global oil and gas producer through a distributor.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:01 am

GLD

QQQ

SPY

USO

U.S. stock markets closed higher on Thursday, led by the Nasdaq, after strong July retail sales data. Nine of the 11 major S&P 500 sectors advanced. Asian markets also saw gains, with Japan's Nikkei 225 up 3.88%. European markets opened mixed, and crude oil prices fell by 2%. Gold remained near record highs.

Portfolio Pulse from Akanksha Bakshi

August 16, 2024 | 10:59 am

ZCAR

Zoomcar Holdings reported Q3 revenues of $2.24 million, which is lower than the $2.61 million reported year-over-year. However, the total number of bookings increased by 9%.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 10:56 am

CINT

CI&T expects Q3 net revenue to be at least R$591M, representing an 11.7% year-over-year growth. For the full year of 2024, the company has increased its guidance, expecting net revenue growth at constant currency to be between -0.5% and +2.5% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 10:50 am

CINT

CI&T (NYSE:CINT) reported Q2 2024 earnings of $0.07 per share, missing the analyst estimate of $0.21 by 69.05%. The company also reported sales of $108.60 million, which missed the estimate of $543.74 million by 80.03% and represents a 5.99% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 10:47 am

FLO

HRB

MAT

QQQ

SPY

US stocks are poised to continue their winning streak as Vice President Kamala Harris prepares to unveil her economic policy. The S&P 500 and Nasdaq Composite indices are expected to open higher, driven by positive economic data and a 'risk-on' sentiment. Key stocks and ETFs like SPY, QQQ, MAT, HRB, and FLO are showing varied premarket movements.

Portfolio Pulse from Shanthi Rexaline

August 16, 2024 | 10:38 am

OCFT

OneConnect Financial reported Q2 earnings per ADS of $(0.06) and a year-over-year decline in revenue from continuing operations to $95.6 million.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 10:06 am

IMRN

Immuron has received a $2.3M award from the U.S. Department of Defense to advance Travelan, focusing on enhancing its formulation to target key enteric bacterial pathogens. The research will involve the Naval Medical Research Command and Walter Reed Army Institute of Research.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 10:05 am

SLB

Schlumberger NV (NYSE:SLB), also known as SLB, is reportedly expanding its operations in Russia despite Western rivals exiting the market due to the Ukraine conflict. SLB had committed to stopping shipments from its worldwide facilities to Russia but continued importing materials from other sources. The company's operations in Russia accounted for 5% of its $33.1 billion revenues in 2023. SLB's expansion comes amid geopolitical risks and its planned acquisition of ChampionX.

Portfolio Pulse from Benzinga Neuro

August 16, 2024 | 9:46 am

V

WSPN (Worldwide Stablecoin Payment Network) has raised $30 million in a Seed funding round to advance its stablecoin infrastructure. The round was led by Folius Ventures and Foresight Venture, with participation from notable investors including Visa, CTH, and Paxos.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 9:42 am