Streetbeat News

Revenues

ETHUSD

SOLUSD

Crypto trader Marty Party highlights Solana (SOL) as the most reliable DeFi platform for earning daily yields of 0.8-1.2% in concentrated liquidity ranges. He contrasts this with Ethereum (ETH), which has higher costs and lower yields. Marty encourages learning about Liquidity Pool (LP) yield for passive income.

Portfolio Pulse from Khyathi Dalal

August 14, 2024 | 4:13 pm

ORGS

Orgenesis shares are trading higher following the announcement of a joint venture with Harley Street Healthcare Group to launch a longevity and wellness initiative. HSHG will invest $10 million into the company and venture.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 4:10 pm

BSX

Boston Scientific (NYSE:BSX) has significantly outperformed the market over the past 10 years, delivering an average annual return of 19.73%. A $1000 investment in BSX 10 years ago would be worth $6,029.27 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 4:01 pm

ECL

Ecolab (NYSE:ECL) has outperformed the market over the past 20 years with an average annual return of 11.0%, surpassing the market by 2.7% annually. A $1000 investment in ECL 20 years ago would be worth $7,960.89 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 4:01 pm

BXSL

Blackstone Secured (NYSE:BXSL) has been analyzed by four analysts over the last quarter, with all ratings being somewhat bullish. The average 12-month price target is $31.88, slightly down from the previous $32.12. Analysts have varied in their actions, with some maintaining, raising, or lowering their price targets. The company has shown strong revenue growth and net margin but has a lower ROE compared to industry standards.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 4:00 pm

RCL

Royal Caribbean Gr (NYSE:RCL) has outperformed the market over the past 15 years with an average annual return of 14.88%, resulting in a $100 investment growing to $849.86. The company currently has a market capitalization of $39.18 billion.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 3:31 pm

PNRG

PrimeEnergy Resources (NASDAQ:PNRG) reported a significant increase in Q2 earnings and sales. EPS rose to $7.77 from $3.82 YoY, and sales increased to $64.83M from $35.72M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:28 pm

ECX

LOT

MBLY

ZK

Ecarx Holdings Inc. (NASDAQ: ECX) reported a 31% revenue growth in Q2, primarily driven by sales to Geely and its subsidiaries. Despite efforts to diversify, Ecarx remains heavily reliant on Geely, posing a risk if the relationship weakens. The company's gross profit margin dropped, and net loss increased significantly. Ecarx is attempting to expand its customer base, including a new design win from a European automaker and ongoing projects with non-Geely automakers.

Portfolio Pulse from The Bamboo Works

August 14, 2024 | 3:28 pm

IBIT

The top four ETF launches in 2024 are all spot Bitcoin ETFs, with BlackRock's iShares Bitcoin ETF (NASDAQ:IBIT) leading the pack with $20.5 billion in assets under management. Despite Schwab being a major ETF issuer, it has yet to launch a spot Bitcoin ETF. Institutional adoption of Bitcoin ETFs is expected to increase, with Morgan Stanley allowing advisors to pitch Bitcoin ETFs to high-risk clients.

Portfolio Pulse from Khyathi Dalal

August 14, 2024 | 3:18 pm

SXTP

60 Degrees (NASDAQ:SXTP) reported Q2 EPS of $(4.23), a significant improvement from $(16.84) YoY. Sales increased by 109.92% to $124.97K from $59.53K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:15 pm