Streetbeat News

Revenues

RDZN

Roadzen reported its FY24 EPS at $(2.26), a significant decline from $(0.86) YoY. However, revenue increased to $46.7M from $13.56M YoY.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:07 pm

CCL

CUK

DJT

LI

NCLH

NIO

RCL

XPEV

Cruise stocks fell due to Hurricane Beryl, the Supreme Court ruled on Trump presidential immunity, and Chinese EV companies reported their deliveries.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:04 pm

EIX

PCG

California is facing triple-digit temperatures this week, leading to blackout and fire risks. PG&E Corp (NYSE:PCG) may cut power to 12,000 homes and businesses, while Edison International (NYSE:EIX) is not planning any shutoffs. PG&E has faced significant liabilities from wildfires in the past and has invested heavily in updating its electrical grid.

Portfolio Pulse from Hayden Buckfire

July 01, 2024 | 8:03 pm

FLYE

Fly-E Group reported a significant increase in its FY24 earnings per share (EPS) to $0.09, up from $0.06 year-over-year. The company's revenue also saw a substantial rise to $32.2 million, up from $21.8 million in the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:03 pm

SNOW

Snowflake Inc. (NYSE:SNOW) shares rose on Monday after Goldman Sachs reiterated its Buy rating and added the company to its Conviction List. Analyst Kash Rangan emphasized Snowflake's potential in cloud software and data analytics, highlighting its strategic position in the AI Revolution and the new CEO's strategy to accelerate product development. Rangan forecasts robust top-line growth and strong free cash margins.

Portfolio Pulse from Vaishali Prayag

July 01, 2024 | 8:00 pm

AZO

AutoZone (NYSE:AZO) has significantly outperformed the market over the past 10 years, delivering an average annual return of 18.1%. A $1000 investment in AZO 10 years ago would be worth $5,247.61 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 8:00 pm

PRI

Primerica (NYSE:PRI) has significantly outperformed the market over the past 10 years, delivering an average annual return of 17.34%. A $1000 investment in PRI 10 years ago would be worth $4,898.04 today. The company's current market capitalization is $8.14 billion.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 7:30 pm

KKR

KKR (NYSE:KKR) has significantly outperformed the market over the past 10 years, delivering an average annual return of 15.63%. A $1000 investment in KKR 10 years ago would be worth $4,196.40 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 7:30 pm

CBDD

CBD of Denver, Inc. (OTC:CBDD) is making strides in the German cannabis market, having excelled at the Mary Jane Berlin trade fair. The company showcased its products and tested its CheckMyWeed tool, projecting $300,000 in revenue for June 2024. They also engaged with potential cannabis club enthusiasts, collecting over 50 qualified leads.

Portfolio Pulse from Rolando García

July 01, 2024 | 7:19 pm

AGR

Avangrid has received federal approval for the construction and operations plan of New England Wind 1 and 2, with construction potentially starting in 2025. These projects are expected to create thousands of jobs and power nearly 1 million homes. Additionally, Avangrid is leading the Vineyard Wind 1 project, which will deliver power to 64,000 homes in Massachusetts.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:15 pm