Streetbeat News

Revenues

SPY

USA Business Inventories for April increased by 0.3% month-over-month, matching the estimated growth and improving from the previous month's decline of 0.1%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 2:00 pm

C

Citi Services Head Khaliq projects that e-commerce revenues may grow by 12 to 15% annually.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:57 pm

NEE

NextEra Energy, Inc. (NYSE:NEE) announced the sale of $2 billion in equity units to Wells Fargo Securities and BofA Securities, expected to close on June 20, 2024. Each unit includes a contract to purchase NEE common stock and a 5% interest in a debenture due in 2029, with a total annual distribution rate of 7.299%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:49 pm

GAME

GameSquare has sold a 25.5% interest in FaZe Media for $9.5 million to an entity controlled by FaZe Banks. This follows an $11 million investment by Matt Kalish for a 49% interest, valuing FaZe Media at $40 million. GameSquare retains controlling interest and 100% ownership of FaZe Esports.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:42 pm

FXI

IMAX

IMAX is expanding its presence in China and anticipates an increase in Hollywood releases, which could positively impact its business.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:34 pm

UAVS

AgEagle Aerial Systems Inc. (NYSE: UAVS) has secured a $2 million purchase order to deliver 20 eBee VISION full-stack systems to a leading distributor in the UAE for fiscal year 2024. This order supports their defense and security strategy.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:34 pm

BAM

Brookfield Asset Management Ltd. (NYSE:BAM) held its Annual Meeting of Shareholders on June 7, 2024. Key highlights include strong financial performance, significant capital raising and deployment, and strategic growth plans. All proposed resolutions were passed, and a 19% dividend increase was announced.

Portfolio Pulse from Tornado

June 18, 2024 | 1:30 pm

BTCUSD

Bitcoin has dropped below $65K, with traders expressing concerns about a potential bearish trend. Stockmoney Lizards and Michaël van de Poppe highlight a shift from bullish momentum to a descending trend, suggesting a support area between $63K-$64.5K. Despite short-term bearishness, optimism remains for a bull run by the end of Q3.

Portfolio Pulse from Khyathi Dalal

June 18, 2024 | 1:29 pm

C

Citi's CFO expressed optimism about the bank's ability to secure deals in the tech and healthcare sectors during a recent presentation.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:28 pm

SYNX

Silynxcom Ltd. (NYSE:SYNX) has secured multiple orders from U.S. federal and law enforcement organizations for its new tactical communication system, indicating strong market traction and product reliability.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:27 pm