Streetbeat News

Revenues

REGN

The article provides a comprehensive comparison of Regeneron Pharmaceuticals (NASDAQ:REGN) against its key competitors in the Biotechnology industry. It highlights Regeneron's financial metrics, market position, and growth prospects, indicating potential undervaluation based on PE, PB, and PS ratios, strong profitability, and operational efficiency, but concerns about low revenue growth.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 3:00 pm

BTCUSD

Bitcoin's price has decreased by 3.2% over the past 24 hours to $66,007.00, continuing a downward trend over the past week. Trading volume has increased by 26.0% over the past week, and the circulating supply has increased by 0.12%.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 3:00 pm

AAPL

The article provides a comprehensive analysis of Apple's performance compared to its peers in the Technology Hardware, Storage & Peripherals sector. Key financial metrics indicate that Apple is relatively undervalued in terms of PE, PB, and PS ratios but shows strong profitability and efficient use of equity. However, Apple's revenue growth is notably slower than the industry average.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 3:00 pm

BABA

Alibaba Cloud has announced a significant price hike for its domain name auction platform, citing rising costs and intense AI competition. The company will also shut down data centers in India and Australia as part of an infrastructure strategy update. Despite holding a significant market share, Alibaba's stock has underperformed, losing over 23% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

July 30, 2024 | 2:47 pm

BTCUSD

IWM

Prominent macro trader Alex Krüger suggests that political developments, particularly Kamala Harris's performance in polls, are influencing Bitcoin and small-cap stocks. He identifies a 'Trump trade' (long Bitcoin, long small caps) and a 'Kamala trade' (the opposite). Crypto chart analyst Ali Martinez and trader Jelle provide additional insights into Bitcoin's market behavior.

Portfolio Pulse from Khyathi Dalal

July 30, 2024 | 2:47 pm

IGT

International Game Technology (IGT) reported Q2 earnings per share of 36 cents, beating estimates, but missed revenue expectations with $1.049 billion. Despite strong cash flow and stable EBITDA, shares fell 3.16% due to the revenue miss and the announcement of the sale of its Gaming & Digital business.

Portfolio Pulse from Nabaparna Bhattacharya

July 30, 2024 | 2:46 pm

SOFI

SoFi CEO Anthony Noto stated in a Bloomberg TV interview that the company is focusing on enhancing its financial services capabilities. He also mentioned that SoFi's savings rates will remain competitive even if there are rate cuts.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:36 pm

BA

HWM

Howmet Aerospace's CEO announced an updated assumed 737 build rate to 22 aircraft per month in 2024, up from the previous view of 20 per month. There is also potential for increasing demand for new IGT turbines.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:35 pm

GDDY

GoDaddy (NYSE:GDDY) has outperformed the market over the past 5 years with an average annual return of 17.41%, resulting in a $1000 investment growing to $2,064.40. The company currently has a market capitalization of $20.49 billion.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 2:33 pm

VBIV

VBI Vaccines has entered into a binding DIP facility term sheet with K2 HealthVentures, which will make up to $2.5 million available to the company and its units.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:32 pm