Streetbeat News

Revenues

UAL

United Airlines executives have indicated that the revenue per available seat mile (RASM) for premium cabins in Q3 is expected to outperform coach at a higher level than in Q2.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:45 pm

UAL

United Airlines CEO announced that domestic industry capacity growth is expected to moderate by roughly five points by Q4 compared to Q2.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:37 pm

ORCL

Oracle (NYSE:ORCL) has outperformed the market over the past 10 years with an average annual return of 13.24%, resulting in a $100 investment growing to $345.75. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 2:30 pm

GPK

Graphic Packaging Holding (NYSE:GPK) has outperformed the market over the past 15 years with an average annual return of 19.9%, significantly boosting investor returns through compounded growth.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 2:30 pm

SNA

Snap-On Inc. (NYSE:SNA) reported Q2 2024 net sales of $1.179 billion, missing the consensus of $1.20 billion. The company saw a 1% year-over-year decline in net sales and a slight miss on adjusted EPS. Despite challenges, CEO Nick Pinchuk highlighted growth opportunities and ongoing progress. SNA shares traded lower by 2.64%.

Portfolio Pulse from Akanksha Bakshi

July 18, 2024 | 2:28 pm

JSDA

Jones Soda Co. (OTCQB: JSDA) has increased its private placement to $5 million, issuing up to 12,500,000 units at $0.40 per unit. Each unit includes one common share and one-half of a detachable share purchase warrant, exercisable at $0.50 per share for 24 months. The proceeds will support growth and general corporate purposes.

Portfolio Pulse from Jelena Martinovic

July 18, 2024 | 2:11 pm

APDN

Applied DNA Sciences announced that the U.S. Defense Logistics Agency has exercised a 1-year option period in their counterfeit mitigation contract.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:11 pm

AMD

BYND

DPZ

LESL

NVDA

Bitcoin Spot ETFs continue to see inflows, while Trump's comments on Taiwan and Biden's trade plans trigger a selloff in semiconductor stocks. Leslie's, Beyond Meat, and Domino's are among the big stocks moving lower in pre-market trading. Nvidia and AMD are particularly affected by the semiconductor selloff.

Portfolio Pulse from Akanksha Bakshi

July 18, 2024 | 2:04 pm

FDMT

Analysts have provided mixed ratings for 4D Molecular Therapeutics (NASDAQ: FDMT) over the past three months, with a recent trend towards somewhat bullish sentiments. The average 12-month price target has decreased from $42.60 to $38.0. Key analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite a significant decline in revenue growth and negative net margins, the company shows strong ROE and ROA, and maintains a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 2:00 pm

WING

Wingstop (NASDAQ:WING) has significantly outperformed the market over the past 5 years, delivering an average annual return of 30.54%. A $100 investment in WING 5 years ago would be worth $373.90 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 2:00 pm