Streetbeat News

Revenues

SPY

USA Core Retail Sales for July increased by 0.4%, surpassing the estimated 0.1% and slightly below the prior 0.5%.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:30 pm

DE

Deere & Co (NYSE:DE) reported Q3 earnings that beat expectations despite a 17% decline in net sales and revenue. The company reaffirmed its 2024 net income outlook. DE shares traded higher by 1.15% premarket.

Portfolio Pulse from Akanksha Bakshi

August 15, 2024 | 12:23 pm

SLNH

Soluna Holdings reported Q2 revenue of $9.7 million, a significant increase from $2.1 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:21 pm

CNSP

CNS Pharmaceuticals reported a reduced net loss of $2.5M for Q2 2024, attributed to lower CRO expenses. R&D costs decreased to $1.1M, while G&A expenses increased to $1.4M due to higher legal and professional fees. The company has a cash position of $1.5M, with an additional $12.4M raised post-June 30, ensuring sufficient funds through Q1 2025. Final Berubicin trial data is expected in H1 2025.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:18 pm

SAIC

Science Applications International Corporation (SAIC) has secured three contracts from the U.S. Navy worth a total of $58.2 million. These contracts are for providing engineering services at the Naval Air Warfare Center Weapons Division in Point Mugu, California.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:17 pm

AAPL

Apple Inc. (NASDAQ:AAPL) and Tencent are in discussions about a potential revenue-sharing agreement for WeChat mini-games. This could enable in-app purchases on iOS, benefiting developers, users, Apple, and Tencent. The move comes as Apple seeks to boost its presence in China amid declining market share.

Portfolio Pulse from Benzinga Neuro

August 15, 2024 | 12:17 pm

CLBT

Cellebrite shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance above estimates. Additionally, the company issued Q3 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:17 pm

TSLA

Tesla's Supercharger network has been ranked highest in customer satisfaction among DC fast charger brands in the U.S. for the fourth consecutive year, according to a JD Power study. Tesla scored 731 points out of 1,000, significantly higher than Electrify America and ChargePoint. The opening of Tesla’s network to non-Tesla EV owners has contributed to the increased satisfaction. However, non-Tesla users face challenges such as the need for adapters and more complex payment processes. Despite the growth in the number of superchargers, the rate has slowed due to layoffs and other issues.

Portfolio Pulse from Anan Ashraf

August 15, 2024 | 12:16 pm

AISP

CING

WMT

On August 15th, Walmart (WMT) raised its FY25 adjusted EPS outlook, Cingulate (CING) received a European patent for its lead asset CTx-1301, and Airship AI Holdings (AISP) reported a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:14 pm

PRFX

PainReform reported R&D expenses of $11.4M for H1 2024 due to a Phase 3 trial, resulting in a net loss of $12.8M. G&A expenses decreased to $1.5M, and the cash position is at $2.8M following a $4M public offering in April.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:14 pm