Streetbeat News

Revenues

AMN

Analysts' ratings for AMN Healthcare Services (NYSE:AMN) show mixed sentiments over the last quarter, with a recent decline in the average 12-month price target. Key analysts have adjusted their ratings and price targets, reflecting evolving market conditions and company performance. Despite revenue challenges, AMN Healthcare Services maintains strong profitability and effective cost management.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 6:02 pm

KKR

KKR (NYSE:KKR) has outperformed the market over the past 10 years with an average annual return of 16.6%, resulting in a $100 investment growing to $455.97. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 6:00 pm

NKE

Nike (NYSE:NKE) has significantly outperformed the market over the past 20 years, delivering an average annual return of 12.52%. A $1000 investment in NKE 20 years ago would be worth $10,820.39 today. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 6:00 pm

AMC

GME

GameStop (GME) and AMC (AMC) stocks have seen significant volatility this week, with GameStop hitting new 52-week highs before a mid-week drop. This has impacted the wealth of their respective CEOs, Ryan Cohen and Adam Aron. Cohen's wealth increased significantly due to the rise in GameStop's stock price, while Aron's wealth also saw a boost from AMC's stock rally.

Portfolio Pulse from Chris Katje

May 15, 2024 | 5:55 pm

AMZN

FDIS

NFLX

ONLN

Amazon's first-ever NYC Upfront presentation highlighted a strong push into movies and sports advertising, with a focus on leveraging known talent and acquiring more sports rights. Oppenheimer analyst Jason Helfstein reiterated an Outperform rating on Amazon with a price target of $220, projecting significant revenue and EPS growth. Netflix is set to host its presentation soon. Investors can gain exposure to Amazon via Fidelity MSCI Consumer Discretionary Index ETF and ProShares Online Retail ETF.

Portfolio Pulse from Anusuya Lahiri

May 15, 2024 | 5:52 pm

SXTP

60 Degrees (NASDAQ:SXTP) reported a significant improvement in its Q1 earnings, with EPS rising to $0.03 from a loss of $(1.13) per share YoY. Sales also increased to $80.66K from $(51.66K) YoY.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 5:51 pm

LOW

Home Depot's fiscal first-quarter earnings surpassed estimates, but revenue fell short due to high interest rates and a late start to spring. Despite a 2.3% YoY revenue decline, digital sales grew 3.3%. Home Depot reaffirmed its full-year guidance and is focusing on B2B growth and improving customer experience. Lowe's is expected to face similar challenges.

Portfolio Pulse from Upwallstreet

May 15, 2024 | 5:46 pm

AMC

GME

HTZ

ITB

IWM

LCID

NIO

QQQ

RIVN

SMCI

SMH

SPY

TSLA

WOOF

XOM

XPEV

Wall Street indices hit record highs due to soft inflation data and lower bond yields. The S&P 500 and Nasdaq 100 rose, while meme stocks like AMC and GME plummeted. ETFs tracking homebuilders, chipmakers, and small caps saw gains. Bitcoin surged, and major EV stocks fell amid tariff rumors.

Portfolio Pulse from Piero Cingari

May 15, 2024 | 5:36 pm

GNS

Genius Group reported a 150% pro forma revenue growth in 2023, reaching $70.4 million. The company also reiterated its 2024 pro forma revenue guidance of at least $105 million for the full year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 5:35 pm

GNS

Genius Group reported a significant improvement in its financial performance for FY23, with EPS improving from $(2.47) to $(0.10) and revenue increasing by 27% to $23.1 million. The company also reduced its net loss from $(56.0) million to $(5.7) million. Pro forma revenue, including recent acquisitions, was $70.4 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 5:31 pm