Streetbeat News

Revenues

ECVT

Ecovyst shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 revenue guidance below estimates. Additionally, the company issued FY24 and Q3 EPS guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:15 pm

TLT

Weekly jobless claims rose to a 2024 high of 249,000, surpassing expectations. This has led to mixed reactions from economists and heightened interest in the upcoming jobs report. The S&P 500 and Nasdaq Indexes remained stable, while the iShares 20+ Year Treasury Bond ETF (TLT) saw a 1.27% increase.

Portfolio Pulse from Hayden Buckfire

August 01, 2024 | 3:15 pm

TM

Toyota's US sales for July were 181,894 vehicles, marking a 5.1% year-over-year decline.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:10 pm

SHIBUSD

Shiba Inu (SHIB) has experienced a 5.52% price drop in the last 24 hours, continuing a week-long negative trend with a 4.0% loss. Trading volume has decreased by 45.0%, and the circulating supply has slightly decreased by 0.24%. SHIB's market cap is currently $9.13 billion, ranking it #15.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 3:03 pm

ADAUSD

Cardano (ADA) has experienced a 4.84% price drop in the past 24 hours, continuing a week-long downward trend. Trading volume has decreased by 19% over the past week, while the circulating supply has slightly increased. Cardano's market cap is currently ranked #11 at $13.64 billion.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 3:02 pm

BNBUSD

BNB's price has decreased by 3.54% to $566.21 within the past 24 hours, contrasting with its 1.0% gain over the past week. Trading volume has dropped by 22.0%, and circulating supply has decreased by 4.86%. BNB's market cap is currently ranked #4 at $82.64 billion.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 3:02 pm

GOOG

GOOGL

META

MSFT

Meta Platforms (NASDAQ:META) reported strong Q2 results, surpassing Wall Street estimates with a 22% YoY revenue growth to $39.07 billion and a 73% increase in net income to $13.47 billion. The company also raised its guidance for the current quarter. Meta's ad revenue grew 22%, outperforming Alphabet's 11% growth. Meta is heavily investing in AI infrastructure, with plans to release Llama 4 next year.

Portfolio Pulse from Upwallstreet

August 01, 2024 | 3:02 pm

DOGEUSD

Dogecoin (DOGE) has experienced a 7.15% price drop in the past 24 hours, continuing a week-long negative trend with a 4.0% loss. Trading volume has decreased by 30.0%, and the circulating supply has slightly fallen. DOGE's market cap is currently ranked #9 at $17.07 billion.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 3:01 pm

MA

Mastercard (NYSE:MA) has been analyzed by 6 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target is $517.67, down 1.92% from the previous average. Analysts have recently adjusted their ratings and price targets, reflecting mixed sentiments. Mastercard's financial metrics show strong net margins and ROE but highlight challenges in debt management.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 3:01 pm

JNJ

The article provides a comparative analysis of Johnson & Johnson (NYSE: JNJ) against its competitors in the Pharmaceuticals industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are evaluated. JNJ shows potential undervaluation but underperforms in ROE, EBITDA, gross profit, and revenue growth compared to industry averages.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 3:00 pm