Streetbeat News

Revenues

AXP

American Express (NYSE:AXP) has outperformed the market over the past 15 years, delivering an average annual return of 15.37%. A $100 investment in AXP 15 years ago would be worth $855.78 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:00 pm

WDAY

The article provides a comprehensive analysis of Workday (NASDAQ:WDAY) in comparison to its major competitors in the software industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are examined. Workday shows potential undervaluation with low P/E, P/B, and P/S ratios but has lower profitability metrics like ROE, EBITDA, and gross profit. However, it boasts a high revenue growth rate and a favorable debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:00 pm

AAPL

HPE

NTAP

PSTG

SMCI

The article provides a comprehensive analysis of Super Micro Computer (NASDAQ: SMCI) compared to its competitors in the Technology Hardware, Storage & Peripherals industry. Key financial metrics indicate that SMCI is undervalued with a strong ROE and impressive revenue growth, but it faces challenges with lower EBITDA and gross profit.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:00 pm

LTCUSD

Litecoin (LTC) has seen a price increase of 6.49% in the past 24 hours, reaching $75.4. Over the past week, it has risen by over 5.0%. Despite the price increase, trading volume has decreased by 3.0%, and the circulating supply has fallen by 0.2%. The current market cap is $5.65 billion, ranking it #21.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 3:00 pm

AKEMF

VALE

Alaska Energy Metals (OTCQB:AKEMF) CEO Gregory Beischer discusses the company's focus on nickel mining in Alaska, highlighting the significant increase in nickel demand projected by 2035. The company is working on the Nikolai Project, which is close to existing infrastructure and aims to expand its documented nickel deposits. Beischer emphasizes the importance of sustainable and ethical nickel sourcing, contrasting it with current practices in Indonesia. He also discusses the potential benefits of reviving the U.S. Bureau of Mines to support domestic mining efforts.

Portfolio Pulse from Stjepan Kalinic

July 29, 2024 | 2:57 pm

ARLP

Alliance Resource Partners LP (NASDAQ:ARLP) reported disappointing Q2 earnings, with revenue and earnings per unit falling short of consensus estimates. The company faced transportation delays that impacted coal sales volumes, leading to a 7.6% decline in revenue. Despite a slight increase in coal sales prices, segment adjusted EBITDA and margins also fell. ARLP shares dropped 4.85% following the news.

Portfolio Pulse from Akanksha Bakshi

July 29, 2024 | 2:57 pm

BTCUSD

The University of Wyoming has launched the first-ever academic Bitcoin Research Institute (BRI) to enhance the quality and accuracy of Bitcoin research. The institute will be led by Dr. Bradley Rettler and aims to produce peer-reviewed research, host events, and foster academic discourse around Bitcoin.

Portfolio Pulse from Murtuza Merchant

July 29, 2024 | 2:45 pm

DIS

Disney shares are trading higher following a strong box office opening from Deadpool and Wolverine.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:40 pm

RVTY

Revvity Inc. (NYSE:RVTY) reported strong Q2 performance, beating both sales and EPS consensus estimates. The company raised its annual profit forecast, reflecting positive changes in foreign currency exchange rates and organic revenue growth.

Portfolio Pulse from Vandana Singh

July 29, 2024 | 2:38 pm

AAPL

DIS

NFLX

Apple Inc. (NASDAQ:AAPL) is reportedly planning to launch an ad-supported plan for its AppleTV+ streaming service, following the success of similar plans by Netflix Inc. (NASDAQ:NFLX) and Walt Disney Company (NYSE:DIS). This move aims to increase subscribers and revenue for AppleTV+, which has already invested heavily in exclusive content and sports rights.

Portfolio Pulse from Chris Katje

July 29, 2024 | 2:37 pm