Streetbeat News

Revenues

SYNX

Silynxcom shares are trading higher after the company announced it received an $815K order for its tactical headset from the Israel Defense Forces.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 3:47 pm

ATMP

EINC

TRP

TC Energy Corporation (NYSE:TRP) is nearing a stake sale in its NGTL pipeline system to indigenous groups in Western Canada, supported by a C$1 billion loan guarantee from Alberta's government. This move is part of TC Energy's strategy to cut debt following cost overruns on the Coastal GasLink pipeline. The transaction is expected to be announced on July 30 and close in late August. Investors can gain exposure to TC Energy via VanEck Energy Income ETF (NYSE:EINC) and IPath Select MLP ETN (BATS:ATMP).

Portfolio Pulse from Lekha Gupta

July 24, 2024 | 3:44 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The article discusses the current state of speculative sentiment in the stock market, focusing on Tesla's recent performance and its impact on the market. Tesla's stock fell after earnings, and its electric vehicle sales dropped by 7%. The article also mentions the negative money flows in major tech stocks and ETFs, as well as the economic contraction in Germany.

Portfolio Pulse from The Arora Report

July 24, 2024 | 3:40 pm

BABA

NTES

NetEase Inc (NASDAQ:NTES) saw a significant stock surge as it prepares to launch the mobile version of Naraka Bladepoint, expected to generate $880 million in sales over 12 months. The game has over 40 million pre-registrations and is anticipated to boost overall revenue by 6-7%.

Portfolio Pulse from Anusuya Lahiri

July 24, 2024 | 3:37 pm

CDW

CDW (NASDAQ:CDW) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.03%. A $1000 investment in CDW 10 years ago would be worth $7,353.39 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 3:30 pm

DECK

Deckers Outdoor (NYSE:DECK) has significantly outperformed the market over the past 20 years, achieving an average annual return of 24.77%. A $100 investment in DECK 20 years ago would be worth $8,899.08 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 3:30 pm

MSGE

Madison Square Garden Entertainment Corp (NYSE:MSGE) has been upgraded by Goldman Sachs' analyst Stephen Laszczyk from Neutral to Buy, with a price target increase from $41 to $45. The company is expected to outperform fiscal 2025 consensus expectations due to a strong event bookings environment and robust growth in Christmas Spectacular revenues.

Portfolio Pulse from Priya Nigam

July 24, 2024 | 3:29 pm

AMZN

ETHV

FIVE

TGT

WMT

Igloo Inc, the parent company of Pudgy Penguins, has raised $11 million in a funding round led by Founders Fund to develop Abstract, a blockchain aimed at mass consumer adoption of cryptocurrency. Pudgy Penguins' consumer products are available in major retailers like Walmart, Target, Five Below, and Amazon.

Portfolio Pulse from Chris Katje

July 24, 2024 | 3:23 pm

BTCUSD

ETHUSD

USDCUSD

Ferrari is expanding its cryptocurrency payment options to European dealerships by the end of July, following a successful launch in the U.S. The luxury carmaker will accept Bitcoin, Ethereum, and USD Coin for vehicle purchases, aiming to implement this globally by the end of 2024.

Portfolio Pulse from Murtuza Merchant

July 24, 2024 | 3:20 pm

IRBO

LUMN

MSFT

RWJ

Microsoft Corporation (MSFT) is partnering with Lumen Technologies (LUMN) to enhance network capacity and support increased demand at its AI-driven datacenters. Lumen will leverage Microsoft Cloud for its digital transformation, expecting to increase cash flow by over $20 million next year. Investors can gain exposure to Lumen through ETFs like RWJ and IRBO.

Portfolio Pulse from Lekha Gupta

July 24, 2024 | 3:18 pm