Streetbeat News

Revenues

PLTR

Palantir Technologies Inc. (NYSE:PLTR) has launched a new software platform called 'Warp Speed' aimed at revitalizing American manufacturing. The platform integrates various manufacturing operations and is designed to address limitations in traditional ERP systems. The announcement comes as Palantir reports significant revenue growth and emphasizes its commitment to U.S. interests, particularly in defense-related industries.

Portfolio Pulse from Kaustubh Bagalkote

August 06, 2024 | 10:30 am

CAT

Caterpillar (NYSE:CAT) reported Q2 2024 adjusted EPS of $5.99, beating the estimate of $5.54. Sales were $16.70 billion, slightly above the $16.68 billion estimate but down 3.57% from last year's $17.32 billion.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:30 am

BHP

BQSSF

CAULF

DYLLF

Uranium explorers are urging Western Australian authorities to lift the ban on uranium mining to capitalize on rising global demand and prices. Australia holds a significant portion of the world's uranium reserves but has limited mining operations due to state bans. The call to lift the ban is supported by industry leaders and could potentially generate $1 billion in exports and create 9,000 jobs.

Portfolio Pulse from Stjepan Kalinic

August 06, 2024 | 10:29 am

LUMN

Lumen Technologies shares are trading higher after the company announced it secured $5 billion in new business from companies seeking to secure their fiber capacity.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:25 am

MSTR

MicroStrategy Inc. (NASDAQ:MSTR) saw a 17% drop on Monday but is rising in pre-market trading on Tuesday as Bitcoin shows signs of recovery. The company's stock is up 3.68% in pre-market trading, following a significant investment in Bitcoin, which makes its stock price highly volatile.

Portfolio Pulse from Benzinga Neuro

August 06, 2024 | 10:22 am

DTI

Drilling Tools has revised its FY24 revenue guidance downwards from $170M-$185M to $155M-$170M, while maintaining its adjusted free cash flow guidance at $20M-$25M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:19 am

LCID

Lucid Group shares are trading higher after the company reported better-than-expected Q2 sales and announced a $1.5 billion commitment from the Public Investment Fund.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:14 am

VYX

NCR Voyix has updated its full-year 2024 guidance, significantly lowering its total revenue forecast to $2.805B–$2.860B from the previous $3.60B-$3.70B. This adjustment is due to the planned divestiture of its Digital Banking business, which will be classified as a discontinued operation starting in Q3 FY24.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:14 am

CLVT

Clarivate has reaffirmed its FY24 outlook, projecting revenues between $2.57 billion and $2.67 billion, and adjusted EPS between $0.70 and $0.80. The company plans a balanced approach to capital allocation in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:13 am

GOLF

Acushnet Holdings Corp. has reaffirmed its FY24 consolidated net sales outlook, projecting between $2.45 billion and $2.5 billion.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:12 am