Streetbeat News

Revenues

MSM

MSC Industrial Direct Co (NYSE:MSM) reported Q3 2024 adjusted EPS of $1.33, missing the $1.50 estimate. Sales were $979.4M, below the $1.014B estimate and down 7.17% from last year.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 10:34 am

BEEM

Beam Global announced Q2 new orders of $10.6M, up 128% year-over-year. The company also shipped its first EV ARC systems to Cyprus for the UK Ministry of Defense.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 10:05 am

TSLA

Tesla shares fell in premarket trading ahead of its Q2 sales report, with expectations of underdelivering on sales. China sales data showed a decline, contributing to the negative sentiment.

Portfolio Pulse from Shanthi Rexaline

July 02, 2024 | 9:53 am

JLL

Jones Lang LaSalle Incorporated (NYSE:JLL) has announced a $2.5 billion commercial paper program to enhance corporate flexibility and strengthen its balance sheet. The program will provide short-term capital for general corporate purposes, including repayment of existing borrowings.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 7:09 am

MSFT

RSG

Steve Ballmer has surpassed Bill Gates in wealth, becoming the wealthiest former CEO of Microsoft, thanks to a 21% increase in Microsoft's stock driven by AI advancements. Ballmer's net worth is now $157.2 billion, while Gates' is $156.7 billion, with Gates having diversified his holdings significantly.

Portfolio Pulse from Benzinga Neuro

July 02, 2024 | 3:53 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

Leading cryptocurrencies like Bitcoin, Ethereum, and Dogecoin remained rangebound as investors anticipate the impact of Mt. Gox's coin distribution. Bitcoin must reclaim $64K for bullish sentiment, according to analysts. The Nasdaq Composite and S&P 500 saw gains, driven by AI stocks like NVIDIA.

Portfolio Pulse from Aniket Verma

July 02, 2024 | 1:58 am

AMZN

PFE

Amazon Web Services (AWS) is focusing on future AI challenges to deliver comprehensive tools for customers. AWS CEO Matt Garman emphasized the broad applications of AI beyond chatbots, highlighting services like safe AI application development and enterprise data indexing. Pfizer Inc. is using AWS's generative AI for drug discovery, potentially saving $1 billion this year. Amazon's extensive experience in cost-cutting and renewable energy positions it advantageously in the AI space.

Portfolio Pulse from Adam Eckert

July 01, 2024 | 9:47 pm

HUBS

HubSpot (NYSE:HUBS) has significantly outperformed the market over the past 5 years, delivering an average annual return of 27.42%. A $1000 investment in HUBS 5 years ago would now be worth $3,359.30. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 9:30 pm

CAH

Cardinal Health (NYSE:CAH) has outperformed the market over the past 5 years, delivering an average annual return of 15.18%. A $1000 investment in CAH 5 years ago would be worth $2,026.95 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 9:30 pm

AWH

Aspira Women's Health announced a private placement equity financing of $1.935 million, involving the issuance of 1.264 million shares and warrants to purchase an equal number of shares. The proceeds will support ongoing commercial activities and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 9:29 pm