Streetbeat News

Revenues

ORCL

Oracle reported a 20% increase in Q4 cloud revenue, with cloud infrastructure revenue up 42% and cloud application revenue up 10%.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:07 pm

RBRK

Rubrik (NYSE:RBRK) reported a significant increase in quarterly losses to $(11.48) per share, a 670.47% decrease from $(1.49) per share YoY. However, sales rose by 58.86% to $172.20 million from $108.40 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:06 pm

QUBT

Quantum Computing (NASDAQ:QUBT) reported Q1 EPS of $(0.08), beating the $(0.10) estimate. However, sales dropped significantly to $27.00K from $120.53K YoY.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:01 pm

AWK

American Water Works (NYSE:AWK) has outperformed the market over the past 15 years, delivering an average annual return of 13.84%. A $100 investment in AWK 15 years ago would be worth $699.84 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 8:01 pm

SHW

Sherwin-Williams (NYSE:SHW) has significantly outperformed the market over the past decade, delivering an average annual return of 15.88%. A $1000 investment in SHW 10 years ago would be worth $4,375.67 today. The company's current market capitalization is $74.83 billion.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 8:01 pm

OKE

ONEOK (NYSE:OKE) has outperformed the market over the past 20 years with an average annual return of 10.63%, surpassing the market by 2.56% annually. A $1000 investment in OKE 20 years ago would be worth $7,485.20 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 7:30 pm

WM

Waste Management (NYSE:WM) has outperformed the market over the past 15 years, delivering an average annual return of 14.07%. A $1000 investment in WM 15 years ago would be worth $7,274.61 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 7:30 pm

NFLX

Saudi Arabia's Public Investment Fund (PIF) is in talks to launch a new boxing league valued at $4-$5 billion, collaborating with promoters like Matchroom Boxing and Golden Boy Promotions. This move is part of PIF's broader strategy to diversify investments under the Vision 2030 program. The league's structure is still undecided. Notably, the upcoming Jake Paul vs. Mike Tyson fight will be streamed live on Netflix, marking a first for the platform.

Portfolio Pulse from Aaron Bry

June 11, 2024 | 7:15 pm

WEWKQ

WeWork CEO David Tolley steps down as the company emerges from Chapter 11 bankruptcy. WeWork has significantly reduced its lease obligations, debt, and operational costs, and raised $400 million in new equity capital. The company plans to name a new CEO and board of directors.

Portfolio Pulse from Michael Juliano

June 11, 2024 | 7:13 pm

NEARUSD

NEAR Protocol's price has fallen 6.3% in the past 24 hours to $6.12, continuing a week-long decline of 18.0%. Trading volume has increased by 25.0% over the past week, while circulating supply has decreased by 0.65%. NEAR Protocol's market cap is currently ranked #20 at $6.65 billion.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 7:03 pm