Streetbeat News

Revenues

SENS

Senseonics has revised its FY24 net revenue forecast to $22M-$24M, which is below the previous estimate of $26.010M.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:08 pm

SENS

Senseonics Holdings has reaffirmed its H1 2024 revenue guidance of $10 million.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:07 pm

ORCL

Oracle (NYSE:ORCL) has outperformed the market over the past 20 years, producing an average annual return of 13.21%. A $100 investment in Oracle 20 years ago would be worth $1,211.35 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 8:01 pm

ACGL

Arch Capital Group (NASDAQ:ACGL) has significantly outperformed the market over the past 15 years, delivering an average annual return of 20.17%. A $100 investment in ACGL 15 years ago would be worth $1,552.96 today. The company's current market capitalization is $38.17 billion.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 8:00 pm

ZNTL

Zentalis Pharma's (NYSE:ZNTL) short interest has fallen by 5.5%, with 17.51 million shares sold short, representing 49.83% of its float. It would take traders 32.5 days to cover their short positions. The company's short interest is significantly higher than its peers, whose average short interest is 14.68%.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 7:45 pm

AAWH

CBSTF

HITI

TSNDF

VRNOF

The New York Cannabis Control Board approved home cultivation rules, allowing adults to grow weed at home. New cannabis retail locations are opening in New York, Maryland, Florida, Ohio, Illinois, Virginia, and beyond US borders. Companies like TerrAscend, Verano Holdings, Klutch Cannabis, The Cannabist Company, Ascend Wellness, and High Tide are expanding their retail footprints.

Portfolio Pulse from Jelena Martinovic

June 21, 2024 | 7:32 pm

CMG

Chipotle Mexican Grill (NYSE:CMG) has significantly outperformed the market over the past 5 years, delivering an average annual return of 34.38%. A $100 investment in CMG 5 years ago would be worth $443.74 today. The article highlights the power of compounded returns in growing investments.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 7:30 pm

EQT

EQT (NYSE:EQT) has significantly outperformed the market over the past 20 years, delivering an average annual return of 17.85%. A $1000 investment in EQT 20 years ago would be worth $26,676.01 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 7:30 pm

GNENF

PILBF

Pilbara Minerals (OTC:PILBF) plans to invest $800 million to expand its Pilgangoora lithium operation in Australia, aiming to significantly increase production capacity. The expansion aligns with the growing demand for electric vehicle batteries. Pilbara is also exploring a partnership with Ganfeng Lithium (OTCPK:GNENF) for a lithium conversion facility.

Portfolio Pulse from Stjepan Kalinic

June 21, 2024 | 7:25 pm

BMMJ

Body and Mind Inc. (OTCQB:BMMJ) reported its Q3 2024 financial results, showing a 30% YoY reduction in net loss. The company is focusing on streamlining operations and developing valuable assets. Key highlights include growth in its Illinois dispensary and receiving a New Jersey Annual license for a new dispensary. Financials show a slight increase in revenue and gross profit, with a notable reduction in net loss.

Portfolio Pulse from Jelena Martinovic

June 21, 2024 | 7:08 pm