Streetbeat News

Revenues

TWLO

Over the past three months, 17 analysts have evaluated Twilio (NYSE:TWLO), with a mix of bullish, somewhat bullish, indifferent, and somewhat bearish ratings. The average 12-month price target is $70.41, down 3.98% from the previous $73.33. Analysts have adjusted their ratings and price targets, reflecting their responses to recent developments. Twilio's financials show a market capitalization above industry average, a revenue growth rate of 4.02%, a net margin of -5.29%, an ROE of -0.58%, an ROA of -0.48%, and a debt-to-equity ratio of 0.12.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 12:01 pm

DTE

In the past three months, 7 analysts have shared their insights on DTE Energy (NYSE:DTE), with most being somewhat bullish. The average 12-month price target has increased to $117.29. Key analysts have raised their price targets, reflecting a positive outlook despite recent financial challenges.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 12:00 pm

GLD

Gold prices are rising due to Middle East uncertainty following the death of Iranian President Raisi, US Fed policy outlook, and recent buying from China.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 11:58 am

FBTC

GBTC

IBIT

Spot Bitcoin ETFs saw a net inflow of $948 million last week, marking a positive trend compared to the past eight weeks. Despite this, Bitcoin remains in a correction phase. The SEC is expected to make a decision on Ethereum spot ETF applications this week, which could significantly impact Ethereum's mainstream adoption. Notable inflows were seen in Grayscale Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, and iShares Bitcoin Trust.

Portfolio Pulse from Murtuza Merchant

May 20, 2024 | 11:50 am

NEXN

Nexxen reaffirms its financial guidance for FY24, projecting Contribution ex-TAC between $340-$345 million and Adjusted EBITDA of approximately $100 million. Programmatic revenue is expected to constitute about 90% of the total revenue for the year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 11:35 am

EHang Holdings shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 11:34 am

AAPL

CMCSA

GME

GOOG

GOOGL

META

MSFT

RUM

SONY

TTWO

The past week in consumer tech saw significant developments including Chinese chipmakers advancing in HBM semiconductors, Meta's CEO celebrating his birthday on a new superyacht, Google's AR glasses prototype, and Comcast's new streaming bundle. Other highlights include Apple's new accessibility features, Sony's PS5 shipment decline, and OpenAI's GPT-4o launch.

Portfolio Pulse from Lekha Gupta

May 20, 2024 | 11:31 am

NEXN

Nexxen International (NASDAQ:NEXN) reported Q1 sales of $74.432 million, surpassing the analyst consensus estimate of $71.833 million by 3.62%. This marks a 3.76% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 11:31 am

GLBE

Global-E Online shares are trading higher after the company reported better-than-expected Q1 sales results and raised its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 11:27 am

FTLS

SMOG

Li Auto Inc (NASDAQ:LI) reported Q1 2024 revenue growth of 36.4% YoY to $3.55 billion, missing the analyst consensus estimate of $3.84 billion. Adjusted net earnings per ADS were $0.17, below the expected $0.35. Despite a 32.3% increase in vehicle sales, the stock price dropped. The company sees Q2 2024 revenue of $4.1 billion – $4.3 billion and expects vehicle deliveries of 105,000 – 110,000. Li Auto stock lost over 15% in the last 12 months. Investors can gain exposure via VanEck Low Carbon Energy ETF (NYSE:SMOG) and First Trust Long/Short Equity (NYSE:FTLS).

Portfolio Pulse from Anusuya Lahiri

May 20, 2024 | 11:23 am