Streetbeat News

Revenues

GME

The article provides a comprehensive analysis of GameStop (NYSE:GME) compared to its competitors in the Specialty Retail industry. Key financial metrics indicate that GameStop is overvalued relative to its peers, with high P/E, P/B, and P/S ratios. However, it shows lower profitability and growth potential, with lower ROE, EBITDA, gross profit, and revenue growth.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 3:00 pm

AAPL

HPE

NTAP

PSTG

SMCI

The article provides a comprehensive comparison of Super Micro Computer (NASDAQ: SMCI) against its competitors in the Technology Hardware, Storage & Peripherals industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are analyzed. The analysis suggests that SMCI is undervalued compared to its peers but faces operational challenges, although it shows strong revenue growth and a favorable debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 3:00 pm

SPY

USO

USA crude oil inventories saw a significant draw of 4.156 million barrels, compared to the expected draw of 1.600 million barrels and the previous build of 1.825 million barrels.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:00 pm

MAXN

Maxeon Solar Technologies (NASDAQ:MAXN) reported disappointing Q1 earnings, with revenue and EPS both missing analyst estimates. The company experienced a significant decline in shipments and revenue year over year, leading to a 50% drop in stock value. Despite challenging market conditions, Maxeon secured investments and debt restructuring to stabilize its financial position.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 2:54 pm

CBRL

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) reported mixed Q3 FY24 earnings with a sales decline of 1.9% year-on-year, missing analyst estimates. Despite lower traffic and increased general and administrative expenses, adjusted EPS beat expectations. The company lowered its FY24 sales outlook and reduced its quarterly dividend.

Portfolio Pulse from Shivani Kumaresan

May 30, 2024 | 2:53 pm

EFA

EWS

GRAB

UBER

Grab Holdings Inc (NASDAQ:GRAB) is partnering with OpenAI to integrate generative AI into its app, enhancing navigation and customer support. This marks OpenAI's first collaboration in Southeast Asia. Grab aims to improve its GrabMaps service and has reported strong financial performance, including a 30% revenue growth in Q4 2023. The stock has gained 25% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 2:36 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for May 30th, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key price levels to watch for potential breakouts or reversals, based on a proprietary formula. Additionally, the memo highlights several high-impact economic events scheduled for the day, including GDP readings, jobless claims, pending home sales data, a Treasury bill auction, and a speech by Federal Reserve member John Williams. These events are expected to cause significant market movements.

Portfolio Pulse from RIPS

May 30, 2024 | 2:34 pm

SPY

The latest report on USA natural gas storage shows an increase of 84 billion cubic feet, surpassing the estimated 77 billion cubic feet and the previous week's 78 billion cubic feet.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 2:30 pm

VST

Vistra (NYSE:VST) has outperformed the market over the past 5 years with an average annual return of 33.64%, significantly higher than the market average. A $1000 investment in VST 5 years ago would now be worth $4,354.17.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 2:30 pm

MCK

McKesson (NYSE:MCK) has significantly outperformed the market over the past 20 years, delivering an average annual return of 14.93%. A $1000 investment in McKesson 20 years ago would be worth $16,155.73 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 2:30 pm