Streetbeat News

Revenues

KMI

Kinder Morgan has acquired a West Texas oilfield to enhance its Enhanced Oil Recovery (EOR) operations and capitalize on carbon tax credits, according to sources.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:30 pm

AAPL

AMZN

BOTZ

GOOGL

META

MSFT

NVDA

Ahead of Nvidia's (NASDAQ:NVDA) earnings report, Wedbush analyst Daniel Ives is optimistic about AI-levered stocks. Ives expects Nvidia to play a crucial role in AI monetization, with a 'beat-and-raise' anticipated. The focus will be on data center AI-driven spending and GPU demand. Other big tech companies like Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Meta (NASDAQ:META), Amazon (NASDAQ:AMZN), and Apple (NASDAQ:AAPL) have already confirmed AI monetization progress. The Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) fell 0.62% while Nvidia rose 0.29%.

Portfolio Pulse from Shanthi Rexaline

May 22, 2024 | 2:17 pm

BYDDY

NIO

TSLA

VWAGY

XPEV

XPeng Inc (NYSE:XPEV) reported strong first fiscal quarter results, narrowing its loss and increasing EV deliveries and margins. The company also provided optimistic second-quarter guidance and announced future plans, including the launch of new models and expansion into international markets.

Portfolio Pulse from Upwallstreet

May 22, 2024 | 2:06 pm

IYW

MSFT

XLK

Microsoft and G42 are investing $1 billion in Kenya to transform its digital landscape. The initiative includes building a green data center, enhancing digital skills, and improving connectivity. This partnership aims to make Kenya a digital leader in East Africa.

Portfolio Pulse from Shivani Kumaresan

May 22, 2024 | 2:05 pm

SPY

USA Existing Home Sales for April decreased by 1.9% compared to a 3.7% decline in the previous month. This indicates a slower rate of decline in the housing market.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:00 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has significantly outperformed the market over the past 10 years, delivering an average annual return of 29.34%. A $1000 investment in PANW 10 years ago would be worth $13,101.57 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 2:00 pm

UAL

United Airlines Holdings (NASDAQ:UAL) has outperformed the market over the past 15 years with an average annual return of 18.11%, surpassing the market by 5.62% annually. A $1000 investment in UAL 15 years ago would be worth $11,762.69 today.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 2:00 pm

SPY

USA Existing Home Sales for April came in at 4.14 million, below the estimated 4.21 million and the prior month's 4.22 million.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:00 pm

NCL

Northann (AMEX:NCL) reported a significant increase in Q1 sales, reaching $4.60 million, up 70.22% from $2.70 million YoY. The company reported earnings of $0.00 per share.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 1:56 pm

WOOF

Petco Health and Wellness Company Inc. (NASDAQ:WOOF) reported first-quarter net revenue of $1.53 billion, slightly down year over year but in line with expectations. Despite a decline in comparable sales and an adjusted loss, the stock surged 29.20% due to better-than-expected EPS and positive guidance.

Portfolio Pulse from Vandana Singh

May 22, 2024 | 1:51 pm