Streetbeat News

Revenues

AMZN

ETSY

SHOP

Shopify Inc (NYSE:SHOP) reported strong Q2 results, with revenue growing 20.7% YoY to $2 billion and net income of $171 million. Despite a challenging macroeconomic environment, Shopify's pricing power and internal payment systems contributed to its success. In contrast, rivals Etsy Inc (NASDAQ:ETSY) and Amazon (NASDAQ:AMZN) reported cautious consumer spending and missed estimates.

Portfolio Pulse from Upwallstreet

August 12, 2024 | 2:07 pm

HII

HII's Mission Technologies Division has secured a $209 million contract to support the development and sustainment of U.S. Air Force fighter and bomber weapons systems.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 2:01 pm

EXPE

Over the past three months, 15 analysts have shared their evaluations of Expedia Group (NASDAQ:EXPE), revealing a range of outlooks from bullish to bearish. The average 12-month price target is $143.73, with a high of $180.00 and a low of $125.00. Recent analyst actions include both raises and lowers in price targets, reflecting mixed sentiments. Expedia's financial performance shows strong revenue growth and return on equity but challenges in net margin and return on assets.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 2:00 pm

CRS

Carpenter Tech (NYSE:CRS) has outperformed the market over the past 20 years with an average annual return of 9.83%, resulting in a $100 investment growing to $676.94. The company currently has a market capitalization of $6.89 billion.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 2:00 pm

UNM

Unum Group (NYSE: UNM) has outperformed the market over the past 5 years, delivering an average annual return of 15.0%. A $1000 investment in UNM 5 years ago would be worth $2,084.24 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 2:00 pm

OPRX

Analysts have provided mixed ratings for OptimizeRx (NASDAQ:OPRX) over the past quarter, with a recent average 12-month price target of $14.4, down 4% from the prior average. Key analysts have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. OptimizeRx has shown a positive revenue trend with a 51.43% growth rate, but faces challenges with a net margin of -35.04%.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 2:00 pm

DIS

NFLX

WBD

Disney reported its first-ever streaming profit and a significant overall profit for the quarter, while Warner Bros. Discovery faced a $10 billion loss due to a major write-down. Disney's success in streaming and box office hits like Inside Out 2 and Deadpool&Wolverine highlight its resurgence, despite a decline in U.S. park sales.

Portfolio Pulse from Upwallstreet

August 12, 2024 | 1:59 pm

BKR

HAL

USO

VTS

XLE

XOP

Oil prices are set for a fourth consecutive day of gains, driven by geopolitical risks despite OPEC's reduced demand forecast. Key US-listed assets like USO, XLE, HAL, BKR, XOP, and VTS are seeing positive premarket movements.

Portfolio Pulse from Piero Cingari

August 12, 2024 | 1:28 pm

TLS

Telos Corporation is expanding its TSA PreCheck enrollment services to seven new locations across Illinois, Indiana, Louisiana, Michigan, Minnesota, Texas, and Washington starting August 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:26 pm

XBP

XBP Europe Holdings (NASDAQ:XBP) reported a significant decline in its Q2 financial performance. The company posted a loss of $(0.16) per share, a 433.33% decrease from the $(0.03) loss per share in the same period last year. Sales also fell by 14.81% to $36.03 million from $42.29 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:16 pm