Streetbeat News

Revenues

LX

LexinFintech Holdings (NASDAQ:LX) reported Q1 earnings per share (EPS) of $0.19, a 34.48% decrease from $0.29 YoY. Sales increased by 3.38% to $449.00 million from $434.34 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:40 am

MU

NVDA

Nvidia's evaluation has revealed heat and power consumption issues in Samsung's HBM3 and upcoming HBM3E chips, impacting Samsung's AI chip efforts. This has raised concerns about Samsung's competitiveness against SK Hynix and Micron Technology, who continue to supply Nvidia with HBM chips.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 6:31 am

EWG

Germany's Gross Domestic Product (GDP) for Q1 has decreased by 0.2% year-over-year, matching the estimated and prior figures. This indicates a stagnant economic performance in Germany.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:04 am

EWG

Germany's Gross Domestic Product (GDP) for Q1 grew by 0.2% quarter-over-quarter, matching the estimated growth and improving from the previous quarter's -0.3% decline.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:04 am

EWU

U.K. retail sales for April fell by 2.7% year-over-year, significantly missing the estimated decline of 0.2% and down from the revised prior figure of 0.4%.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:03 am

EWU

U.K. retail sales for April decreased by 2.3% month-over-month, significantly worse than the estimated -0.5% and the prior month's -0.2%.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:03 am

NVDA

Nvidia has reduced the prices of its H20 AI chips in China by over 10% to compete with Huawei's Ascend 910B amid increased competition and U.S. sanctions. This move highlights the challenges Nvidia faces in the Chinese market, which contributed 17% of its revenue for fiscal 2024. Despite these challenges, Nvidia continues to adapt its strategy to maintain its presence in China.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 6:03 am

EWU

U.K. Core Retail Sales for April fell by 2.0% month-over-month, significantly missing the estimated decline of 0.6% and the revised prior figure of -0.6%.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:02 am

EWU

U.K. Core Retail Sales for April fell by 3.0% year-over-year, significantly missing the estimated decline of 1.1% and down from the previous month's 0.4% increase.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 6:02 am

AMD

ARM

ASML

GOOGL

META

MU

NVDA

QQQ

SOXX

SPY

TSM

Nvidia's remarkable turnaround is set to benefit other industry players like Google, Meta, TSM, and ASML, according to Gene Munster. Nvidia's business surged by 216%, and Munster forecasts significant market dynamics shifts driven by AI advancements. Nvidia's stock is up 115.49% year-to-date, outperforming major ETFs.

Portfolio Pulse from Kaustubh Bagalkote

May 24, 2024 | 5:13 am