Streetbeat News

Revenues

FSI

Flexible Solutions International (FSI) is expanding into the food and nutrition supplement markets, including injectable drugs like GLP-1 for weight loss. The company is also continuing its development of biodegradable polymers and environmentally safe water and energy conservation technologies.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:59 pm

SNDL

SNDL Inc. announced plans to start shipping products to Germany in the second half of 2024, as revealed by the CEO at the KCSA Investor Conference.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:49 pm

SPY

UNG

Gasoline inventories increased by 2.102 million barrels, which is less than the expected build of 2.6 million barrels.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:32 pm

EWC

FQVLF

GFL

IVPAF

The Bank of Canada has cut interest rates by 0.25%, citing easing inflation and slower-than-expected economic growth. This decision led to a rally in Canadian stocks and a drop in the Canadian dollar. The iShares MSCI Canada Index Fund (NYSE:EWC) saw a 0.4% increase, with top performers including GFL Environmental Inc. (NYSE:GFL), First Quantum Minerals Ltd. (OTCPK:FQVLF), and Ivanhoe Mines Ltd. (OTCPK:IVPAF).

Portfolio Pulse from Piero Cingari

June 05, 2024 | 2:31 pm

SPY

UNG

Gasoline inventories increased by 2.102 million barrels, which is lower than the expected build of 2.6 million barrels.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:31 pm

DIA

GLD

QQQ

SPY

TLT

UUP

The U.S. service sector saw a strong expansion in May, reversing the decline from April. The ISM Services PMI rose to 53.8%, with significant increases in business activity and new orders. Stocks held gains, bond yields rose, and the U.S. dollar rallied.

Portfolio Pulse from Piero Cingari

June 05, 2024 | 2:30 pm

MCO

Moody's (NYSE:MCO) has significantly outperformed the market over the past 15 years, delivering an average annual return of 19.3%. A $100 investment in MCO 15 years ago would be worth $1,388.64 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:30 pm

FERG

Ferguson (NYSE:FERG) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.77%. A $100 investment in FERG 5 years ago would now be worth $312.47. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 2:30 pm

SPY

The EIA reported a weekly build in distillate stocks of 3.197 million barrels, slightly higher than the expected build of 3 million barrels.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 2:30 pm

BF

Brown-Forman Corp (NYSE:BF) shares are trading lower after the company reported a decline in fourth-quarter FY24 sales and provided a cautious outlook. Sales fell 8% year-on-year to $964 million, missing estimates, though EPS of $0.56 beat expectations. The company sees FY25 organic net sales growth of 2-4% and faces macroeconomic and geopolitical uncertainties.

Portfolio Pulse from Shivani Kumaresan

June 05, 2024 | 2:15 pm