Streetbeat News

Revenues

VERX

Vertex (NASDAQ:VERX) has been analyzed by 5 analysts over the last quarter, showing a range of ratings from bullish to indifferent. The average 12-month price target has increased to $42.8. Key analysts have maintained or raised their ratings and price targets, reflecting positive sentiment. Vertex has shown strong revenue growth but faces challenges with net margins.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 12:02 pm

JYD

Jayud Global Logistics Limited (NASDAQ:JYD) has announced a Strategic Cooperation Agreement with Lazbao Group to establish future chartered air services in Southeast Asia, a rapidly growing e-commerce market.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:01 pm

In the last three months, 7 analysts have published ratings on SharkNinja (NYSE:SN), with 6 being bullish and 1 indifferent. The average 12-month price target has increased by 13.27% to $81.36. Analysts have raised their price targets, reflecting positive sentiment towards the company's financial performance, including a 24.66% revenue growth rate and strong profitability metrics.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 12:01 pm

WMT

Jake Paul's personal care brand W has raised $14 million in seed and Series A funding, with a valuation north of $150 million. The brand, which launched exclusively in Walmart stores, aims to achieve $50 million in annual sales. The funding will support SKU and retailer expansion.

Portfolio Pulse from Chris Katje

July 23, 2024 | 12:00 pm

TSLA

XIACF

XIACY

XPEV

Xiaomi has received regulatory clearance to mass-produce electric vehicles independently, marking a significant milestone in its EV ambitions. Despite production bottlenecks and quality issues, Xiaomi's SU7 model has seen strong demand. The company plans to launch more models and increase its delivery targets. However, Xiaomi faces challenges such as anti-dumping tariffs in Europe and slowing demand in China.

Portfolio Pulse from The Bamboo Works

July 23, 2024 | 11:55 am

AGYS

GOOGL

MEDP

NXPI

QQQ

SPY

TSLA

US stock futures are relatively unchanged as traders await Q2 earnings reports from Alphabet and Tesla. The market is cautious due to uncertainties in geopolitics, monetary policy, and upcoming economic data. Notable premarket movements include Agilysys, NXP Semiconductors, and Medpace Holdings, which saw declines following earnings reports. Coca-Cola, General Motors, and Spotify are among the companies reporting earnings today.

Portfolio Pulse from Shanthi Rexaline

July 23, 2024 | 11:36 am

KNSA

Kiniksa Pharmaceuticals has updated its 2024 net product revenue guidance for Arcalyst to $405M-$415M, up from the previous range of $370M-$390M. The company also expects to remain cash flow positive on an annual basis.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:35 am

WBS

Webster Financial (NYSE: WBS) reported Q2 earnings of $1.26 per share, missing the analyst estimate of $1.34. Sales were $572.30M, also below the $589.41M estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:34 am

HCA

HCA Healthcare has revised its FY24 revenue forecast to a range of $69.75 billion to $71.75 billion, up from the previous range of $67.75 billion to $70.25 billion.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 11:34 am

DIS

NFLX

WBD

Netflix's Q2 results show strong growth in advertising and global subscribers, with revenue and earnings surpassing estimates. The company gained 8.05 million net paid customers, reaching nearly 278 million subscribers. Netflix's Q3 revenue guidance is below Wall Street's estimates, but it increased its full-year revenue guidance. The company is focusing on monetizing its ad inventory and using AI to enhance content discovery.

Portfolio Pulse from Upwallstreet

July 23, 2024 | 11:33 am