Streetbeat News

Revenues

BKCH

WGMI

WULF

Roth MKM analyst Darren Aftahi initiated coverage on TeraWulf Inc. (NASDAQ:WULF) with a Buy rating and a price target of $6.50, citing the company's efficient BTC mining operations and potential for substantial value creation. The analyst expects significant revenue and EBITDA growth by FY25. Investors can also gain exposure through Global X Blockchain ETF (NASDAQ:BKCH) and Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI).

Portfolio Pulse from Lekha Gupta

July 02, 2024 | 5:47 pm

MARA

RIOT

Marathon Digital Holdings (MARA) and Riot Platforms (RIOT) shares are pulling back after a rise on Monday, driven by Bitcoin's bounce from recent lows. Bitcoin's recent performance and ETF inflows are influencing these mining stocks.

Portfolio Pulse from Adam Eckert

July 02, 2024 | 5:44 pm

DIA

MSM

QQQ

RCM

RDUS

RDZN

SPY

TSLA

XLV

XLY

U.S. equities remained stable as Fed Chair Jerome Powell reassured on disinflation progress and warned about national debt risks. Tesla surged over 9% on better-than-expected Q2 deliveries. Job openings spiked, and major indices showed minimal movement. Key ETFs and stocks had mixed performances.

Portfolio Pulse from Piero Cingari

July 02, 2024 | 5:41 pm

LLY

Eli Lilly's new Alzheimer's drug, Kisunla, will be priced at $32,000 for the first year, $12,522 for a 6-month course, and $695.65 per vial. This pricing strategy could impact the company's revenue and stock performance.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 5:39 pm

SPR

Boeing (NYSE:BA) received an order for four 777 Freighters from Turkish Airlines, increasing the airline's total to 12. The 777 Freighter is Boeing's best-selling freighter with over 265 deliveries. Bank of America noted improvements in 737 deliveries but a slowdown in 787 deliveries. Boeing's recent acquisition of Spirit AeroSystems (NYSE:SPR) is expected to impact production.

Portfolio Pulse from Dylan Berman

July 02, 2024 | 5:34 pm

GTLS

Chart Industries (NYSE:GTLS) has significantly outperformed the market over the past 15 years, delivering an average annual return of 15.65%. A $100 investment in GTLS 15 years ago would be worth $886.89 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 5:30 pm

APO

Apollo Global Management (NYSE:APO) has outperformed the market over the past 10 years, delivering an average annual return of 16.1%. A $100 investment in APO stock 10 years ago would be worth $433.09 today. The article highlights the impact of compounded returns on long-term cash growth.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 5:30 pm

JXJT

JX Luxventure shares are trading higher after its subsidiary, JX Hainan, entered into a $100 million cooperation agreement with Tianjin Auto Trading to market and sell foreign luxury automobiles.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 5:27 pm

FDRV

IYT

UBER

Uber Technologies Inc (NYSE:UBER) is launching luxury yacht and boat rides across European destinations, including Ibiza, Venice, and various locations in Greece and Paris. These new services cater to the rising demand for unique travel experiences and are expected to enhance Uber's market presence in Europe.

Portfolio Pulse from Shivani Kumaresan

July 02, 2024 | 5:23 pm

FXI

JXJT

JX Luxventure's subsidiary, JX Hainan, has entered a $100 million cooperation agreement with Tianjin Auto Trading to market and sell high-end foreign luxury automobiles. CEO Sun 'Ice' Lei emphasized the strategic partnership's potential for revenue growth and profitability by leveraging Jinxuan's automotive procurement expertise and Tianjin Auto Trading's sales platform in China.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 5:16 pm