Streetbeat News

Revenues

ONB

Old National (NASDAQ:ONB) reported Q2 earnings of $0.46 per share, beating the analyst estimate of $0.44. Sales were $475.69M, also surpassing the $473.79M estimate. Despite the beats, earnings decreased by 14.81% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:03 pm

TRIN

Trinity Capital has launched a new investment vehicle in partnership with Eagle Point Credit Management. Trinity's wholly owned adviser will support new capital sources and generate non-capital intensive fee income.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:03 pm

TSHA

14 analysts have provided mixed opinions on Taysha Gene Therapies (NASDAQ:TSHA) over the past quarter, with a majority being bullish or somewhat bullish. The average 12-month price target has increased to $6.79. Despite a decline in revenue and challenges in ROE and ROA, the company maintains a strong market position with a significant market capitalization.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 12:03 pm

FELE

Franklin Electric (NASDAQ:FELE) reported Q2 earnings per share of $1.26, missing the analyst estimate of $1.32. Sales were $543.26 million, also below the $569.91 million estimate. Both EPS and sales showed a decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:03 pm

ETHW

Bitwise Asset Management will donate 10% of profits from its Ethereum ETF (NYSE:ETHW) to support Ethereum's open-source development. The ETF will debut with a 0.20% management fee, waived for the first six months on the initial $500 million in assets. This initiative aims to advance Ethereum's technology and transparency.

Portfolio Pulse from Murtuza Merchant

July 23, 2024 | 12:03 pm

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

SN

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

LI

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