Streetbeat News

Revenues

IVV

VOO

Micron Technology's strategic investment in India is expected to fuel market demand through 2025. The company's capacity is fully booked, and it is focusing on AI's transformative impact on various sectors. Micron's recent financial performance has been strong, with third-quarter revenue and EPS beating analyst estimates.

Portfolio Pulse from Anusuya Lahiri

July 02, 2024 | 2:46 pm

LINRF

Liontown Resources has entered a $250 million strategic partnership with LG Energy Solution to secure lithium supply. The deal includes a 15-year supply agreement and potential development of a lithium refinery. Liontown's stock rose over 7% on the news.

Portfolio Pulse from Stjepan Kalinic

July 02, 2024 | 2:39 pm

BYDDF

BYDDY

BYD Co., Ltd. has launched five electric vehicle models in Tunisia, expanding its presence in the African market. The launch includes three battery electric vehicles (BEVs) and two plug-in hybrid electric vehicles (PHEVs). This move follows a visit by the Tunisian President to BYD's headquarters and marks a significant step in BYD's international expansion.

Portfolio Pulse from Nabaparna Bhattacharya

July 02, 2024 | 2:37 pm

LMT

NOC

RTX

SPY

VGK

The US is set to announce an additional $2.3 billion in weapons for Ukraine, which could impact defense contractors and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:35 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for July 2nd, 2024, provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo highlights potential bullish and bearish scenarios for each asset, based on proprietary formulas considering price, volume, and options flow. Additionally, significant economic events, including a meeting with key central bank figures and the release of the JOLTS Job Openings and TIPP Economic Optimism Index, are expected to influence market volatility.

Portfolio Pulse from RIPS

July 02, 2024 | 2:30 pm

Owens-Corning (NYSE:OC) has significantly outperformed the market over the past 15 years, delivering an average annual return of 19.11%. A $1000 investment in OC 15 years ago would be worth $13,940.59 today. The company's current market capitalization is $14.44 billion.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 2:30 pm

NRG

NRG Energy (NYSE:NRG) has outperformed the market over the past 5 years, delivering an average annual return of 16.82%. A $100 investment in NRG 5 years ago would be worth $215.24 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 2:30 pm

BTCUSD

ETHUSD

Gemini predicts that spot Ethereum ETFs could attract up to $15 billion in 2024, with an estimated $5 billion in net inflows within the first six months. This could significantly boost Ethereum's value and improve its standing relative to Bitcoin. The SEC's approval of initial filings for spot Ethereum ETFs in May has set the stage for this potential growth.

Portfolio Pulse from Murtuza Merchant

July 02, 2024 | 2:18 pm

UBER

Uber is launching Uber Boat services across Europe this summer to meet rising demand in tourist hotspots. Last summer, Uber had 6.5 million international users, including 800,000 in Ibiza. Additionally, Uber Yacht will be available in Ibiza from August 2024, offering luxurious yacht rentals.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:16 pm

STC

Over the past three months, 4 analysts have evaluated Stewart Information Services (NYSE: STC), with opinions ranging from bullish to indifferent. The average 12-month price target is $72.25, reflecting a slight increase from the previous target. Analysts have adjusted their ratings and price targets based on recent developments, with actions including maintaining, raising, and lowering ratings. Financial metrics indicate challenges in profitability and asset utilization, despite notable revenue growth.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 2:01 pm