Streetbeat News

Revenues

LYFT

In the past three months, 25 analysts have provided ratings for Lyft (NASDAQ:LYFT), ranging from bullish to bearish. The average 12-month price target is $19.64, reflecting a 10.96% increase from the previous average. Analysts have recently adjusted their ratings and price targets, with several raising their targets. Lyft has shown positive revenue growth and net margin performance, but struggles with return on equity.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 1:00 pm

CRKN

Crown Electrokinetics has been awarded an additional segment in the Nevada Fiber Optic Network Project, extending their ongoing backbone long haul fiber project. The previous clusters are expected to generate $5.7 million in gross revenues.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:48 pm

BA

EADSY

Airbus forecasts a significant increase in global jetliner demand over the next 20 years, predicting the global fleet will more than double. This comes amid modernization efforts and economic growth in Asia. However, Airbus faces potential delivery delays due to supply chain issues. Boeing is also under scrutiny for past 737 MAX crashes.

Portfolio Pulse from Benzinga Neuro

July 15, 2024 | 12:42 pm

VFS

VinFast Auto Ltd. (NASDAQ: VFS) has announced a three-year delay in the construction of its North Carolina factory, reducing its annual sales target from 100,000 to 80,000 units. This delay, along with previous setbacks such as negative feedback and recalls of its debut EVs in North America, poses significant challenges for the company's expansion plans in the U.S. market.

Portfolio Pulse from Benzinga Neuro

July 15, 2024 | 12:35 pm

ASNS

Actelis shares are trading higher after the company received a software and service contract renewal of nearly $1.5 million from a North American customer.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:35 pm

FNV

SLGGF

SolGold has secured $750 million in funding for its Cascabel project in Ecuador from Franco-Nevada Corporation and Osisko Bermuda. The project is expected to become a world-class copper and gold mine with significant production capacity and a long mine life.

Portfolio Pulse from Stjepan Kalinic

July 15, 2024 | 12:34 pm

GILD

GSK

PFE

Viiv Healthcare will present data from the PASO-DOBLE study comparing the 2-drug regimen Dovato to the 3-drug regimen Biktarvy at AIDS 2024. The study will cover treatment efficacy, safety, and weight gain. Additional abstracts will include data on a third-generation INSTI, pregnancy data for Apretude, and real-world evidence for Cabenuva.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:33 pm

ASNS

Actelis Networks has secured a $1.5 million order for software and services from a major North American customer. The company continues to see success in military, energy, and intelligent transportation IoT infrastructure, showcasing its ability to support large-scale networks with advanced management systems and technical support.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:32 pm

AMZN

NVDA

Amazon is preparing for Prime Day 2024, set for July 16-17, with expectations of significant sales growth. The company's market cap has surpassed $2 trillion, driven by revived sales growth and robust bottom-line improvements. Amazon's operating income has surged, and its advertising business is set to receive a boost from new ad revenue on Prime Video. The hype around AI has also contributed to Amazon's stock performance.

Portfolio Pulse from Anusuya Lahiri

July 15, 2024 | 12:23 pm

BYDDY

BYD Company (OTC:BYDDY) reported an 88% increase in Japan sales in the first half of 2024, selling 1,084 vehicles. Despite the growth, BYD's sales in Japan remain modest. The company plans to expand its store count in Japan from 55 to 90 by the end of 2024. BYD's international NEV sales rose by 173.8% year-on-year, contributing 12.6% to its total NEV sales. The Japanese market accounted for 0.5% of BYD's overseas sales. BYDDY shares are trading lower by 0.28% at $62.88 in premarket.

Portfolio Pulse from Shivani Kumaresan

July 15, 2024 | 12:23 pm