Streetbeat News

Revenues

CMG

MCD

Inflation continues to impact service industries, including dining and car services, with a 3.7% rise in service prices in September. This affects consumer spending at chains like Chipotle and McDonald's.

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November 08, 2024 | 10:30 am

REI

Ring Energy's acquisition of Founders has boosted production and profitability, aiding in debt repayment. The startup of the Matterhorn Express Pipeline is expected to improve natural gas prices, while REI maintains low breakeven costs.

Portfolio Pulse from

November 08, 2024 | 10:00 am

MDB

MongoDB reported a 13% year-over-year increase in Q2 fiscal 2025 revenue, reaching $478.1 million, with Atlas contributing 71% of the total. The NoSQL database market is expected to grow significantly, but MongoDB faces strong competition from Amazon's DynamoDB.

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November 08, 2024 | 10:00 am

HIMS

Hims & Hers has reported another quarter of surging revenue, indicating strong performance beyond just GLP-1 drugs. This raises the question of whether Hims & Hers stock is a once-in-a-decade buy.

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November 08, 2024 | 9:45 am

QSR

Restaurant Brands International (QSR) is facing challenges in China but maintains a 'Strong Buy' rating due to strong performance in the US and other international markets. Tim Hortons and the International segment are key growth drivers, contributing significantly to the company's profits. Despite macroeconomic pressures, QSR's diversified portfolio supports resilience, with year-over-year growth in comparable sales.

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November 08, 2024 | 9:30 am

RKLB

Rocket Lab USA, Inc. is expected to beat Q3 earnings due to its market leadership in small satellite launches and expansion into space systems. The company's Electron rocket dominates the market, and the upcoming Neutron rocket will enhance capabilities. Despite short-term financial challenges, Rocket Lab's strong backlog, government contracts, and vertical integration strategy position it for significant growth.

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November 08, 2024 | 9:00 am

SONY

Sony reported a significant increase in profit due to strong performance in its game and image-sensor businesses. The company also raised its annual revenue forecast following a second-quarter profit beat.

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November 08, 2024 | 9:00 am

SONY

Sony Group Corp reported strong growth in its gaming and music segments, with PlayStation Plus subscriptions helping to offset a decline in physical PlayStation sales and a downturn in the film and TV department.

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November 08, 2024 | 9:00 am