Streetbeat News

Revenues

CYD

China Yuchai Intl (NYSE:CYD) reported a significant increase in its H1 GAAP EPS to $0.83, up 38.33% from $0.60 YoY, and sales rose to $1.45B, up 13.93% from $1.27B YoY.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 10:06 am

GOLD

Barrick Gold (NYSE:GOLD) reported Q2 2024 adjusted EPS of $0.32, beating the $0.27 estimate. Sales were $3.162 billion, surpassing the $3.114 billion estimate and marking an 11.61% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 10:03 am

BP

HAP

HJEN

SHEL

Shell plc (NYSE:SHEL) and PetroChina's joint venture, Arrow Energy, will develop Phase 2 of the Surat Gas Project in Queensland, Australia. The project aims to add 22,400 barrels of oil equivalent per day at peak production by 2026. Shell's QCLNG facility will receive the gas to meet long-term contracts and domestic demand. Shell stock has gained around 16% in the last 12 months, and investors can gain exposure via Direxion Hydrogen ETF (NYSE:HJEN) and VanEck Natural Resources ETF (NYSE:HAP).

Portfolio Pulse from Lekha Gupta

August 12, 2024 | 9:51 am

NIU

Niu Technologies reported its Q2 financial results, showing an adjusted EPADS of $(0.03), down from $(0.00) year-over-year. However, sales increased to $129.42 million from $114.30 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 9:07 am

BRK

MSTR

MicroStrategy Inc. (NASDAQ:MSTR) has significantly outperformed Berkshire Hathaway Inc. (NYSE:BRK) since adopting Bitcoin as its primary reserve asset in August 2020. MicroStrategy's stock has soared 839%, while Berkshire Hathaway's stock has grown by 101%. This performance is notable given Berkshire's executives' critical stance on Bitcoin.

Portfolio Pulse from Aniket Verma

August 12, 2024 | 8:40 am

AAPL

BRK

Global market turmoil originating in Japan caused a significant but temporary decline in Japanese stocks, impacting Warren Buffett's $20 billion investment in Japanese trading houses. Despite an initial 30% plunge, the market recovered most losses by the end of the week. Berkshire Hathaway's strategic shift includes selling half of its Apple stake and increasing U.S. Treasury holdings.

Portfolio Pulse from Benzinga Neuro

August 12, 2024 | 8:24 am

NIU

Niu Technologies reported a 20.8% YoY increase in e-scooter sales for Q2 2024, with 207,552 units sold in China (up 16.2% YoY) and 48,610 units sold internationally (up 45.4% YoY). The company has 3,124 franchised stores in China and 54 distributors covering 52 countries internationally.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 7:15 am

NIU

Niu Technologies expects its Q3 2024 revenue to be between RMB 1.298 billion and RMB 1.483 billion, marking a 40% to 60% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 7:12 am

NIU

Niu Technologies reported a Q2 adjusted EPADS of $(0.03), down from $(0.00) year-over-year, and sales of $21.97 million, down from $114.30 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 7:09 am

CMCL

Caledonia Mining (AMEX:CMCL) reported a significant increase in its Q2 earnings per share (EPS) and sales. The EPS rose to $0.50 from $0.10 year-over-year, marking a 400% increase. Sales also saw a substantial rise, reaching $50.11 million, up 35.31% from $37.03 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 6:09 am