Streetbeat News

Revenues

CURV

Torrid Holdings has announced its Q2 revenue forecast to be between $280 million and $285 million.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:08 pm

CURV

Torrid Holdings reported Q1 EPS of $0.12, up from $0.11 year-over-year, while net sales decreased to $279.8 million from $293.9 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:07 pm

OXM

Oxford Industries (NYSE:OXM) reported Q1 earnings of $2.66 per share, missing the analyst estimate of $2.68. Sales were $398 million, below the $404.79 million estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:06 pm

PLAY

Dave & Buster's Enter (NASDAQ:PLAY) reported Q1 earnings of $1.12 per share, missing the analyst estimate of $1.70 by 34.12%. Sales were $588.10M, also missing the estimate of $621.26M by 5.34%. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:06 pm

VALE

Brazil's Renan Filho announced that an agreement with VALE over railway concessions could be worth approximately 20 billion reais.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 7:56 pm

LGVN

Longeveron Inc. (NASDAQ:LGVN) shares surged by 102% following a Zacks Small Cap Research note valuing the stock at $15.10 per share. The company is advancing its Lomecel-B treatment for Hypoplastic Left Heart Syndrome (HLHS) and has signed its first contract for its advanced manufacturing facility, expected to generate $4-5 million in annual revenue.

Portfolio Pulse from Vaishali Prayag

June 12, 2024 | 7:22 pm

FETUSD

Fetch.ai's (CRYPTO: FET) price increased by 7.32% in the past 24 hours to $1.69, despite a 19.0% loss over the past week. Trading volume climbed 57.0% over the past week, with the circulating supply increasing by 0.33%. The current market cap ranking for FET is #28 at $4.30 billion.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 7:00 pm

LSCC

MRVL

NVTS

NXPI

RMBS

SLAB

SMCI

UCTT

WDC

Shares of semiconductor, memory, and chip-related stocks are trading higher due to softer-than-expected CPI figures and ongoing AI optimism.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:54 pm

HUT

Hut 8 Corp (NASDAQ:HUT) shares surged by 16.6% on Wednesday due to a softer-than-expected May CPI report, which has boosted crypto-related stocks. The U.S. inflation rate for May came in lower than anticipated, raising hopes for potential Federal Reserve rate cuts and driving up Bitcoin prices.

Portfolio Pulse from Vaishali Prayag

June 12, 2024 | 6:49 pm

C

Citi's Wealth Head, Andy Sieg, announced that the bank aims to grow its business by attracting $5 trillion in investment assets from clients currently held at other banks.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:48 pm