Streetbeat News

Revenues

CMCSA

DIS

Disney shares are trading lower, potentially in sympathy with Comcast, which reported a decline in content and experiences revenue.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 1:55 pm

BA

Qatar Airways has placed an order for 20 additional Boeing 777-9 jets, expanding its total 777X order to nearly 100 airplanes. This order was finalized this year and was previously listed as unidentified on Boeing's Orders & Deliveries website.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:48 pm

AAPL

DNB

FDX

GE

KHC

MU

The Chinese government expressed its desire for U.S. firms to play a significant role in its economy after top U.S. executives, including those from FedEx, Dun & Bradstreet, General Electric, Kraft Heinz, Apple, and Micron Technology, met with Chinese officials. The meeting aimed to foster mutual cooperation and development amid escalating U.S.-China tensions.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 1:47 pm

FAAS

DigiAsia Corp. (NASDAQ:FAAS) reported significant growth for FY23, with 7.85 billion transactions, $3.625 billion in gross transaction value, 1 million total merchants, and a 40% increase in enterprise payment and banking partners.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:30 pm

NISN

Nisun International (NASDAQ:NISN) has signed a purchase agreement with ZTO Yunpei, resulting in sales exceeding $68.7 million. This partnership marks a significant expansion in China's egg market for both companies.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:27 pm

GE

GE Aerospace reported mixed Q2 2024 results with adjusted revenue growth of 4% YoY to $8.22 billion, missing the consensus of $8.462 billion. However, the company raised its full-year profit and cash flow guidance, driven by double-digit growth in orders, operating profit, and free cash flow. Adjusted EPS was $1.20, beating the consensus of $0.99. GE shares are trading higher by 1.77% premarket.

Portfolio Pulse from Akanksha Bakshi

July 23, 2024 | 1:21 pm

NXPI

NXP Semiconductors (NASDAQ:NXPI) shares are down after the company reported mixed Q2 results and issued soft guidance for Q3. Revenue slightly beat estimates, but earnings missed. The company expects Q3 revenue and earnings to be below analyst expectations.

Portfolio Pulse from Adam Eckert

July 23, 2024 | 1:16 pm

GE

GE Aerospace has revised its FY24 outlook, now expecting revenue growth in the high single digits, down from the previously anticipated low double digits. However, the company has raised its adjusted EPS guidance to $3.95-$4.20, up from the prior $3.80-$4.05, compared to the $4.08 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:13 pm

COIN

ETHE

GBTC

Crypto trader Evanss6 discusses the launch of Ethereum ETFs, highlighting potential impacts on trading volumes and comparisons to Bitcoin ETFs. Key points include low spot trading volumes on Coinbase, differences in seasonality, and Grayscale’s Ethereum Trust trading at a minimal discount. Predictions for Ethereum ETF inflows vary, with some expecting significant capital inflows and price increases.

Portfolio Pulse from Khyathi Dalal

July 23, 2024 | 1:07 pm

KRNL

KRNLU

AIRO Group Holdings and Kernel Group Holdings announced the effectiveness of their registration statement with the SEC, paving the way for AIRO's public listing on Nasdaq. AIRO reported $43M in revenue for 2023 and $1.1B in eVTOL orders.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:04 pm