Streetbeat News

Revenues

BUD

CELH

PEP

Shares of beverage companies are trading lower in sympathy with Celsius Holdings after Nielsen data reportedly showed sales growth slowed sequentially.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 7:52 pm

SPY

Consumer confidence in the U.S. is improving, with the Conference Board's Consumer Confidence Index rising to 102 in May from 97.5 in April. Despite this, inflation remains a concern, which could impact the upcoming presidential election. The SPDR S&P 500 ETF Trust (SPY) is near all-time highs, reflecting a strong stock market.

Portfolio Pulse from Aaron Bry

May 28, 2024 | 7:45 pm

BNO

USO

Oil prices are trading higher ahead of the upcoming OPEC+ meeting, which could influence future production levels and market dynamics.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 7:13 pm

AR

BTE

EC

EQT

GASS

MRO

PBR

TGS

YPF

Shares of oil and gas companies are trading higher amid a rise in the price of crude.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 7:11 pm

DOTUSD

Polkadot (DOT) has experienced a 3.83% price drop in the past 24 hours, continuing a week-long negative trend with a 3.0% loss. Trading volume has decreased by 20.0% over the past week, while the circulating supply has increased by 0.46%.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 7:02 pm

VST

Vistra (NYSE:VST) has been analyzed by 9 analysts over the past three months, showing a range of bullish to somewhat bullish sentiments. Analysts have raised their 12-month price targets, with an average target of $86.44, a high of $110.00, and a low of $60.00. Despite revenue and profitability challenges, analysts have generally positive outlooks.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 7:00 pm

KOP

Koppers Holdings (NYSE:KOP) has been analyzed by four analysts over the past three months, all of whom have given a 'Somewhat Bullish' rating. The 12-month price target remains consistent at $64.00. Financially, Koppers faces revenue decline but maintains strong net margins, ROE, and ROA, with a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 7:00 pm

BLMN

In the past three months, four analysts have provided ratings for Bloomin Brands (NASDAQ: BLMN), ranging from bullish to bearish. The average 12-month price target has decreased by 8.55% to $26.75. Analysts from JP Morgan, Barclays, BMO Capital, and UBS have all lowered their price targets and ratings for the company. Bloomin Brands faces challenges with revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 7:00 pm

MRVL

SOXX

Marvell Technology (NASDAQ:MRVL) is set to report its Q1 earnings, with analysts expecting revenue of $1.18 billion and EPS of 25 cents. The company's AI business and second-half growth are key focus areas. Analysts are optimistic about Marvell's AI ASIC shipments to Amazon and Google, and a potential recovery in datacenter storage segments. Marvell's shares have performed well, in line with the iShares Semiconductor ETF (NASDAQ:SOXX).

Portfolio Pulse from Chris Katje

May 28, 2024 | 6:57 pm

AAPL

AMD

AMZN

GOOGL

META

MSFT

NVDA

QCOM

Nvidia's record-breaking earnings have significantly boosted the SOX and NASDAQ indexes. Nvidia's revenues and guidance exceeded expectations by $1.5 billion, driven by strong demand for its new Blackwell chip. Major customers include Amazon, Google, Meta, and Microsoft. Qualcomm's X Elite series is expected to power new AI PCs, and Apple is offering discounts in China to counter Huawei's competition. AMD will power workloads for OpenAI and new Azure V5 VMs.

Portfolio Pulse from Anusuya Lahiri

May 28, 2024 | 6:37 pm