Streetbeat News

Revenues

SLG

7 analysts have provided mixed ratings for SL Green Realty (NYSE:SLG) over the past quarter, with a range of opinions from bullish to bearish. The average 12-month price target has increased by 9.5% to $47.71. Despite a negative revenue trend, SL Green Realty shows strong profitability and effective financial management.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 6:00 pm

CRWD

TSLA

Tesla shares are trading lower following a 24% drop in California registrations. Additionally, Tesla halted some production lines due to the Microsoft-CrowdStrike outage, and Elon Musk announced the company has deleted CrowdStrike from all of its systems.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 5:57 pm

NFLX

Netflix Inc (NASDAQ:NFLX) beat Q2 revenue and earnings estimates, but analysts express concerns over long-term subscriber growth and slower-than-expected advertising revenue. Analysts from Macquarie, Needham, and Rosenblatt provided mixed ratings and price targets, highlighting both positive aspects and potential risks for Netflix's future performance.

Portfolio Pulse from Chris Katje

July 19, 2024 | 5:55 pm

BLK

ETHE

ETHUSD

Grayscale Investments has reduced its proposed fee for its spot Ethereum ETF by 40%, aiming to gain a competitive edge over rivals. The fee cut from 0.25% to 0.15% undercuts competitors like Franklin Templeton, VanEck, Bitwise, and 21Shares. Grayscale plans to convert its Ethereum Trust (OTC:ETHE) into an ETF, maintaining a 2.5% fee for this product.

Portfolio Pulse from Khyathi Dalal

July 19, 2024 | 5:45 pm

ALLO

CABA

KYTX

CAR-T cell therapy, traditionally used for blood cancers, shows promise in treating autoimmune diseases like lupus. Despite early success, challenges such as high costs and complex manufacturing processes remain. Companies like Kyverna Therapeutics, Cabaletta Bio, and Allogene Therapeutics are exploring various approaches to make CAR-T more accessible and effective.

Portfolio Pulse from Vandana Singh

July 19, 2024 | 5:45 pm

KKR

KKR (NYSE:KKR) has outperformed the market over the past 10 years with an annualized return of 16.61%, resulting in a $1000 investment growing to $4,580.57. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 5:30 pm

PTC

PTC (NASDAQ:PTC) has outperformed the market over the past 10 years with an average annual return of 16.61%, surpassing the market by 5.92% annually. A $100 investment in PTC 10 years ago would now be worth $460.40. The article highlights the impact of compounded returns on long-term investment growth.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 5:30 pm

TSM

Needham analyst Charles Shi reiterated a Buy rating on Taiwan Semiconductor Manufacturing Co (NYSE:TSM) with a price target of $210. TSM reported strong Q2 results, beating revenue and earnings estimates, driven by demand for 3nm and 5nm nodes. Despite a slight dip in smartphone sales, TSM's Q3 guidance is optimistic, with expected revenue of $22.80 billion and a gross margin of 54.5%. TSM also raised its fiscal 2024 revenue guidance.

Portfolio Pulse from Anusuya Lahiri

July 19, 2024 | 5:26 pm

LMT

The Pentagon has accepted the first F-35 of new deliveries on Friday, marking a significant milestone for the F-35 program.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 5:18 pm

MAN

Over the past three months, 4 analysts have evaluated ManpowerGroup (NYSE:MAN) with mixed opinions. The average 12-month price target has increased to $84.5 from $81.67. Analysts' actions include JP Morgan lowering its target to $75, BMO Capital raising it to $87, and Exane BNP Paribas setting it at $92. ManpowerGroup faces challenges with revenue growth, net margin, ROE, and ROA, but maintains a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 5:01 pm