Streetbeat News

Revenues

ILMN

Illumina projects at least 10% total EPS growth over the next three years and unveils a strategy aimed at achieving 8%-9% sales growth by 2027.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 3:00 pm

TONUSD

Toncoin (CRYPTO: TON) has fallen 3.4% in the past 24 hours to $6.32, despite a 13.0% uptrend over the past week. Trading volume decreased by 8.0% and circulating supply decreased by 0.07%. The market cap ranking is #9 at $15.93 billion.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 3:00 pm

AAPL

The article provides a comprehensive analysis of Apple Inc. (NASDAQ:AAPL) and its primary competitors in the Technology Hardware, Storage & Peripherals industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are compared. Apple shows strong profitability and efficient use of equity but has slower revenue growth compared to the industry average.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 3:00 pm

BA

EPOL

VGK

Boeing announced that Poland has signed a Letter of Acceptance (LOA) for 96 Boeing AH-64 Apache helicopters.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:46 pm

MLCO

Melco Resorts & Entertainment (NASDAQ:MLCO) reported a 22% increase in Q2 sales to $1.159 billion, driven by non-gaming operations and inbound tourism to Macau. Despite the growth, the company missed revenue and earnings expectations. Operating income rose to $123.7 million, and Adjusted Property EBITDA increased to $302.8 million. MLCO shares are down 3.90% to $5.18.

Portfolio Pulse from Nabaparna Bhattacharya

August 13, 2024 | 2:45 pm

BMY

EVO

Evotec shares are trading higher after the company highlighted progress in its partnership with Bristol Myers Squibb, which has triggered $75 million in payments due to performance-based and program-based achievements.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:43 pm

AKTS

Akoustis Technologies, Inc (NASDAQ:AKTS) shares are trading higher after the company announced a $13 million purchase order from an existing customer for Wi-Fi Access Points production programs. This brings the total production commitments to over $21 million. The order supports the customer's Wi-Fi 6E and Wi-Fi 7 platforms, and Akoustis plans to deliver several million units over the next 3-4 quarters.

Portfolio Pulse from Erica Kollmann

August 13, 2024 | 2:42 pm

HOG

Harley-Davidson dealers have accused the motorcycle maker of increasing its profit margins at their expense, which they claim threatens their viability. The Harley-Davidson Dealer Council of the National Powersports Dealer Association outlined these grievances in a letter to its members and Harley's chief commercial officer.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:41 pm

CMCSA

Comcast Corporation (NASDAQ:CMCSA) saw a significant boost in viewership and advertising revenue from its exclusive coverage of the 2024 Summer Olympics. The event attracted 30.6 million U.S. viewers, up 82% from the 2020 Olympics, and generated record-breaking streaming and advertising results. This strong performance is expected to positively impact Comcast's third-quarter financials.

Portfolio Pulse from Chris Katje

August 13, 2024 | 2:36 pm

TLN

Talen Energy has raised its 2024 guidance ranges, with a new adjusted EBITDA range of $720M-$780M and a new adjusted free cash flow range of $245M-$285M.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:33 pm