Streetbeat News

Revenues

CLCO

Cool Co (NYSE:CLCO) reported Q1 sales of $88.125 million, missing the analyst consensus estimate of $86.500 million. Net income was $36.812 million, down from $70.132 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 5:11 am

BBJP

DXJ

EWJ

Japan's trade balance for April was reported at -462.5 billion yen, significantly worse than the estimated -339.5 billion yen and the prior month's 366.5 billion yen surplus.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:55 am

BBJP

DXJ

EWJ

Japan's exports for April grew by 8.3% year-over-year, falling short of the estimated 11.1% and slightly above the prior month's 7.3%.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:54 am

BBJP

DXJ

EWJ

Japan's trade balance for the reported period was -0.56 trillion yen, better than the estimated -0.72 trillion yen and the prior -0.70 trillion yen.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:54 am

GDX

GLD

IAU

SGOL

Prominent economists Mohamed El-Erian and Peter Schiff highlight the ongoing strength and market momentum of gold, with El-Erian noting the significant expansion of the commodity rally and Schiff advising investors to hold onto their gold and silver assets. The price of gold has recently hit a new record high of $2,450 per ounce, driven by expectations of a potential interest rate cut by the U.S. Federal Reserve.

Portfolio Pulse from Kaustubh Bagalkote

May 22, 2024 | 2:43 am

ETHUSD

SOLUSD

Pepe and Floki lead a memecoin rally with double-digit gains, surpassing Dogecoin and Shiba Inu in trading volumes. Pepe hit a fresh all-time high and became the 21st largest cryptocurrency by market cap. Both coins saw significant large transaction volumes and increased daily active addresses, although a market correction is anticipated.

Portfolio Pulse from Aniket Verma

May 22, 2024 | 2:33 am

MGOL

NVDA

TGT

TOL

TSLA

On Tuesday, major U.S. indices closed higher, with the Dow Jones, S&P 500, and Nasdaq all posting gains. Key stocks that caught investors' attention included NVIDIA, MGO Global, Toll Brothers, Target, and Tesla. NVIDIA saw a modest increase, MGO Global soared significantly, Toll Brothers and Target experienced slight declines, and Tesla had a notable rise.

Portfolio Pulse from Benzinga Neuro

May 22, 2024 | 1:48 am

ALVO

Alvotech has updated its FY24 revenue guidance to $400M-$500M, significantly higher than the estimated $318.575M. The company also tightened its EBIDTA guidance to $100-$150 million for the full year.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:33 pm

MARA

Marathon Digital Holdings (NASDAQ:MARA) has significantly outperformed the market over the past 5 years, with an annualized return of 48.46%. A $1000 investment in MARA 5 years ago would be worth $7,164.43 today. The company's current market capitalization is $5.87 billion.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 9:30 pm

GILD

Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years with an average annual return of 11.12%, resulting in a significant growth of an initial $100 investment to $819.24 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 9:30 pm