Streetbeat News

Revenues

ALB

Albemarle (NYSE:ALB) has outperformed the market over the past 20 years with an average annual return of 9.84%, resulting in a significant growth in investment value. A $1000 investment in ALB 20 years ago would be worth $6,415.87 today.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 8:33 pm

JEF

Jefferies is optimistic about the future of its investment banking business, citing a strong backlog and positive trends. The firm expects momentum to continue building into the second half of 2024 and 2025.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:24 pm

MU

Micron projects strong demand for AI PCs, AI smartphones, and AI growth in data centers by 2025, creating a favorable market outlook.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:21 pm

CCL

Carnival Corporation & plc (NYSE:CCL) is approaching a critical resistance level at $17.60, which it has failed to break through in the past. However, current market dynamics suggest a potential breakout, which could lead to a new uptrend for the stock.

Portfolio Pulse from Mark Putrino

June 26, 2024 | 8:20 pm

MU

Micron Technology Inc (NASDAQ:MU) reported strong Q3 earnings, beating both revenue and EPS estimates. The company highlighted robust AI demand and strong execution, leading to a 17% sequential revenue growth. Micron also provided positive Q4 guidance and announced a quarterly dividend. Despite the positive results, Micron shares were down 7.28% in after-hours trading.

Portfolio Pulse from Adam Eckert

June 26, 2024 | 8:18 pm

AVAV

AeroVironment has provided its fiscal year 2025 outlook, expecting revenue between $790 million and $820 million, and earnings per share (EPS) between $2.61 and $2.92, which is below the estimated $3.36. The company also provided non-GAAP EPS guidance of $3.18 to $3.49.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:17 pm

JEF

Jefferies Financial Group (NYSE:JEF) reported Q2 sales of $1.656 billion, surpassing the analyst consensus estimate of $1.631 billion by 1.54%. This marks a 59.60% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:16 pm

BA

FXI

Boeing is reportedly resuming widebody aircraft deliveries to China, according to sources cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:15 pm

BA

Boeing shares are trading higher on reports that the company is resuming widebody deliveries to China.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:14 pm

WS

Worthington Steel (NYSE:WS) reported Q4 2024 adjusted EPS of $1.06, beating the $0.84 estimate by 26.19%. Sales were $911 million, surpassing the $849.4 million estimate by 7.25%.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:13 pm