Streetbeat News

Revenues

SOPH

SOPHiA GENETICS shares are trading lower after the company reported mixed Q2 financial results and issued FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:36 pm

DUK

Duke Energy plans to build 12 solar plants in Florida between 2025 and 2027. The company has restored 90% of customers affected by Storm Debby and expects the storm to impact the Carolinas later this week.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:36 pm

CORZ

Core Scientific shares are trading higher after CoreWeave exercised an option to contract for approximately 112 MW of additional infrastructure, increasing potential cumulative revenue to more than $6.7 billion over 12 years.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:35 pm

MPC

Marathon Petroleum announced that it is on track to bring its Martinez, California biofuels facility online. This development was discussed during a conference call.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:33 pm

AXON

Axon Enterprise (NASDAQ:AXON) has significantly outperformed the market over the past 5 years, delivering an average annual return of 38.21%. A $100 investment in AXON 5 years ago would be worth $499.28 today. The company's current market capitalization is $21.89 billion.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 3:30 pm

PTC

PTC (NASDAQ:PTC) has outperformed the market over the past 10 years with an average annual return of 16.28%, surpassing the market by 5.79% annually. A $100 investment in PTC 10 years ago would now be worth $449.24. The article highlights the impact of compounded returns on long-term investment growth.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 3:30 pm

SHIBUSD

Shiba Inu (SHIB) has seen a significant recovery of 10% following a crypto crash, with its burn rate surging by 478%. The community has initiated a petition to Binance for a daily burn mechanism, and large transaction volumes have increased significantly.

Portfolio Pulse from Khyathi Dalal

August 06, 2024 | 3:21 pm

OC

Owens Corning Inc. (NYSE:OC) reported a 9% year-over-year growth in Q2 fiscal 2024 net sales to $2.789 billion, beating the consensus of $2.760 billion. The Doors segment contributed $311 million in net sales. Adjusted EPS was $4.64, above the consensus of $4.33. Adjusted EBIT and EBITDA also saw increases. The company returned $52 million to shareholders through dividends and expects strong performance in Q3 and 2024. Despite positive results, OC shares are trading lower by 2.69% at $159.93.

Portfolio Pulse from Akanksha Bakshi

August 06, 2024 | 3:20 pm

UNIUSD

Uniswap's (UNI) price has surged by 9.03% to $5.81 within the last 24 hours, despite a 23% loss over the past week. Trading volume has increased by 103% over the past week, with the circulating supply now at 753.77 million, making up 75.38% of its max supply. The current market cap ranking for UNI is #21 at $4.38 billion.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 3:03 pm

SHIBUSD

Shiba Inu's (SHIB) price has surged by 8.26% in the past 24 hours to $0.000014, despite a 17% loss over the past week. Trading volume has increased by 231% over the past week, and the circulating supply has grown by 0.22%, bringing the market cap to $8.03 billion.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 3:02 pm