Streetbeat News

Revenues

EFSH

1847 Holdings LLC (EFSH) has provided an update on its initiatives aimed at increasing cash flow, strengthening its balance sheet, and enhancing its capital structure.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:09 pm

FRSX

Foresight Autonomous reported its Q1 earnings with an EPS of $(0.003), an improvement from $(0.013) year-over-year. Sales also increased to $101.00K from $55.00K YoY.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:06 pm

PRZO

ParaZero has received a purchase order from a UAE-based manufacturer of heavy-lift cargo drones. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:02 pm

ALV

Analysts' ratings for Autoliv (NYSE:ALV) have varied from bullish to bearish over the last quarter. The average 12-month price target has increased to $132.25, reflecting a 10.78% rise from the previous average. Key analysts from firms like UBS, Wells Fargo, and B of A Securities have raised their price targets, indicating positive sentiment. Autoliv has shown strong financial performance with notable revenue growth, net margin, ROE, and ROA, and maintains a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 12:01 pm

BZUN

DFAE

DFEM

Baozun Inc (NASDAQ: BZUN) reported a fiscal first-quarter 2024 revenue growth of 4.9% year-on-year to $274.2 million, beating analyst estimates. Despite an adjusted loss per ADS of $0.03, the stock price surged. The company saw increases in both product and services revenue. Baozun's stock has lost 32% in value over the last 12 months, but shares traded higher by 5.17% premarket. Investors can also gain exposure through Dimensional ETF Trust Dimensional Emerging Markets Core Equity 2 ETF (NYSE: DFEM) and Dimensional Emerging Core Equity Market ETF (NYSE: DFAE).

Portfolio Pulse from Anusuya Lahiri

May 28, 2024 | 11:33 am

Toyota Motor Corporation (NYSE:TM) plans to end its significant sponsorship deal with the International Olympic Committee (IOC) after the 2024 Paris Games. The deal, valued at $835 million, is the IOC's largest sponsorship. Toyota is reportedly dissatisfied with how the IOC utilized the sponsorship funds. This decision could impact the IOC's future funding, as it relies heavily on sponsorships.

Portfolio Pulse from Benzinga Neuro

May 28, 2024 | 11:32 am

ARKK

DNA

NTLA

PACB

PATH

ROKU

TDOC

TSLA

TXG

VERV

Cathie Wood's ARK Innovation ETF (ARKK) has seen a sharp decline, with a 72% drop since its peak in February 2021. Among its top holdings, only Tesla has shown a positive return. The ten largest losers within ARKK include Ginkgo Bioworks, Teladoc Health, Pacific Biosciences, 10x Genomics, Unity Technologies, Verve Therapeutics, Zoom Video, Roku, UiPath, and Intellia Therapeutics.

Portfolio Pulse from Kaustubh Bagalkote

May 28, 2024 | 11:29 am

AAPL

AMC

BOX

CAVA

GME

NVDA

QQQ

SPY

Wall Street is expected to open slightly higher after the Memorial Day weekend, with tech and meme stocks showing gains. The SEC's transition from T+2 to T+1 settlement cycle aims to reduce trade risks. Key economic data and Fed speeches will influence market sentiment this week. Nvidia's earnings have boosted tech stocks, while GameStop and AMC saw significant premarket gains. Box and CAVA Group are set to report quarterly results after market close.

Portfolio Pulse from Shanthi Rexaline

May 28, 2024 | 11:27 am

AAPL

Apple shares are trading higher after it was reported that iPhone shipments in China increased 52% in April.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 11:25 am

GROY

Gold Royalty Corp. (GROY) has entered into an agreement with National Bank Financial and BMO Capital Markets for a $30 million bought deal financing. This move is expected to provide the company with additional capital to support its growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 11:10 am