Streetbeat News

Revenues

KPLT

Katapult expects an 8% - 10% year-over-year increase in gross originations, a 7% - 8% increase in revenue, and breakeven or better adjusted EBITDA for Q3.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 10:05 am

KPLT

Katapult has reiterated its FY24 outlook, expecting at least 10% growth in both gross originations and revenue.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 10:04 am

DOLE

Dole (NYSE:DOLE) reported Q2 earnings of $0.49 per share, beating the analyst estimate of $0.43. Sales were $2.12 billion, also surpassing the $2.09 billion estimate. However, both earnings and sales showed a slight decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 10:02 am

AVDE

AVSD

UBS

UBS Group AG reported strong Q2 FY24 earnings, with sales up 25% Y/Y to $11.9 billion, beating expectations. The Global Wealth Management division saw significant growth, and the company achieved substantial cost savings. UBS shares are trading higher, and investors can gain exposure through ETFs like AVDE and AVSD.

Portfolio Pulse from Lekha Gupta

August 14, 2024 | 9:51 am

CETY

Clean Energy Technologies, Inc. (CETY) has signed a service agreement with Green Energy Ventures LTDA to expand into the Brazilian market. GEV will act as CETY's exclusive distributor and commercial agent in Brazil, focusing on market assessment, business development, and product installations. This partnership aims to capitalize on Brazil's growing demand for sustainable energy solutions.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:32 am

FBTC

IBIT

Bitcoin has shown stronger performance during U.S. trading sessions over the past month, but this has not yet translated into significant inflows into Bitcoin ETFs. Total assets in these funds have fallen by 9% in the past four weeks. iShares Bitcoin Trust (NASDAQ:IBIT) and Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) saw some inflows recently.

Portfolio Pulse from Aniket Verma

August 14, 2024 | 9:28 am

VGK

Eurozone Industrial Production for June decreased by 0.1% month-over-month, missing the estimated increase of 0.4%. The prior month's figure was revised to a 0.9% decrease.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:17 am

VGK

The Eurozone's Gross Domestic Product (GDP) for Q2 grew by 0.3% quarter-over-quarter, matching both the previous quarter's growth and market expectations.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:16 am

VGK

The Eurozone's Gross Domestic Product (GDP) for Q2 grew by 0.6% year-over-year, matching the estimated growth rate and showing an improvement from the prior quarter's 0.4% growth.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:16 am

HNHPF

NVDA

Foxconn is on track to ship the latest Nvidia AI servers next quarter, according to a report by Nikkei. This development is significant for both companies as it highlights their collaboration in the AI server market.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:56 am