Streetbeat News

Revenues

CRGY

Over the past three months, analysts have shared mixed opinions on Crescent Energy (NYSE:CRGY), with ratings ranging from bullish to indifferent. The average 12-month price target has decreased to $17.8 from $18.50. Key analysts have adjusted their ratings and price targets, reflecting dynamic market conditions and company performance. Crescent Energy has shown notable revenue growth but faces challenges in profitability, return on equity, and debt management.

Portfolio Pulse from Benzinga Insights

June 27, 2024 | 12:01 pm

J

Jacobs Solutions has been selected by Fujifilm Diosynth Biotechnologies to support the delivery of a $1.2 billion expansion of a large-scale cell culture contract manufacturing site in Holly Springs, North Carolina.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 11:53 am

ARAY

Heidelberg University Hospital in Germany has chosen Accuray's Radixact System, which includes ClearRT, Synchrony, and VOLO Ultra Optimizer solutions, to replace its older Accuray Tomotherapy system.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 11:37 am

IP

LEVI

MU

NVDA

QQQ

SPY

Wall Street is set for a weak opening as the tech rally falters, with Micron and Nvidia edging lower. Traders remain cautious ahead of key economic data and events. Micron's earnings have negatively impacted the tech sector, while Nvidia's rally cools off. Bond yields have risen, and futures for major indices are slightly down. Several companies, including Micron, H.B. Fuller, Worthington Steel, Levi Strauss, Acuity Brands, Apogee Enterprises, McCormick, Walgreens Boots Alliance, and Nike, are in focus due to earnings reports.

Portfolio Pulse from Shanthi Rexaline

June 27, 2024 | 11:31 am

AMZN

BABA

JD

PDD

Amazon is launching a new section on its website for affordable fashion and lifestyle items, allowing Chinese sellers to ship directly to U.S. consumers. This move is seen as a counter to competition from PDD Holdings' Temu and Shein. As a result, Chinese e-commerce stocks like Alibaba, JD.com, and PDD are trading lower.

Portfolio Pulse from Anusuya Lahiri

June 27, 2024 | 11:22 am

CDE

Coeur Mining reported results from a multi-year exploration drilling and development program at the Kensington Underground Gold Mine in Southeast Alaska. Recent assays highlight the potential to extend its reserve-based mine life to over five years by year-end.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 11:17 am

AMLI

American Lithium has provided an update on the optimization of the Falchani processing flow-sheet. The company plans to commence piloting work for its Falchani project in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 11:15 am

AKTS

Akoustis Technologies, Inc. (NASDAQ:AKTS) has secured $2M in production orders for its Wi-Fi 7 filters from a Tier-1 carrier customer. These filters will be integrated into a Wi-Fi 7 platform, supporting 5 and 6 GHz bands with enhanced performance. The orders will support production through March 2025.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 11:08 am

BABA

Alibaba.com has reaffirmed its commitment to supporting Micro, Small, and Medium Enterprises (MSMEs) by unveiling strategic plans aimed at diversifying its supplier network and enhancing trade opportunities.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 11:06 am

NTRA

Natera, Inc. (NASDAQ:NTRA) announced a new gastroesophageal cancer trial, DECIPHER, which will use its Signatera™ test to guide patient selection and assess MRD clearance. The trial will enroll 25 patients in the UK and evaluate a HER2-directed antibody-drug conjugate in the adjuvant setting.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 11:06 am