Streetbeat News

Revenues

SPY

The USA Redbook year-over-year growth for the week ending July 27 is reported at 4.5%, down from the previous week's 4.9%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:57 pm

PFE

Pfizer Inc. (NYSE:PFE) reported second-quarter adjusted EPS of $0.60, beating the consensus of $0.46, and sales of $13.28 billion, up 2% year-over-year. The company updated its 2024 revenue forecast to $59.5 billion—$62.5 billion and expects 2024 adjusted EPS of $2.45-$2.65. PFE stock is up 1.60% in premarket trading.

Portfolio Pulse from Vandana Singh

July 30, 2024 | 12:56 pm

INCY

Incyte shares are trading higher after the company beat Q2 revenue estimates and raised the bottom end of its 2024 Jakafi net product revenue forecast.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:55 pm

CVLT

Commvault Systems shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates. Additionally, the company raised its FY25 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:50 pm

SPGI

S&P Global shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance. Additionally, the company increased its adjusted EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:49 pm

ZBRA

Zebra Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:43 pm

KOPN

Kopin Corporation (NASDAQ:KOPN) has received a $1.5 million follow-on contract to supply a near eye thermal imaging vision system for firefighter masks.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:35 pm

AMPX

Amprius Technologies, Inc. (NYSE: AMPX) has been awarded a $1.9 million contract by the U.S. Army to develop a high-energy 500 Wh/kg SiMaxx™ cell for defense applications. The contract will be utilized over the next 18 months to create a large form factor prototype.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:33 pm

GNLN

Greenlane Holdings, Inc. (NASDAQ:GNLN) reported an 80% YoY decline in Q1 revenue to $4.9 million. Despite the drop, the company regained compliance with Nasdaq listing rules and is working on debt restructuring. CEO Barbara Sher highlighted cost reductions and organizational streamlining as key strategies for future growth.

Portfolio Pulse from Nina Zdinjak

July 30, 2024 | 12:30 pm

FAAS

FOA

JFIN

The article highlights three oversold financial stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are DigiAsia Corp (NASDAQ:FAAS), Jiayin Group Inc (NASDAQ:JFIN), and Finance of America Companies Inc (NYSE:FOA).

Portfolio Pulse from Avi Kapoor

July 30, 2024 | 12:29 pm