Streetbeat News

Revenues

EWU

The U.K. unemployment rate for February was reported at 4.2%, higher than the estimated 4.0% and the previous 3.9%.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:06 am

EWU

The U.K. Claimant Count Change for March was reported at 10.9K, lower than the estimated 17.2K and a revision from the prior 4.1K. This indicates a slower increase in unemployment claims than expected.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:06 am

FXI

The Chinese unemployment rate for March remained steady at 5.2%, aligning with estimates and showing a slight improvement from the previous rate of 5.3%.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 4:38 am

FXI

China's industrial production from the start of the year to date has increased by 6.1%, surpassing the estimated 6.0% and showing a decrease from the previous 7.0%.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 4:37 am

FXI

China's industrial production growth slowed to 4.5% year-over-year, falling short of the estimated 6.0% and down from the previous 7.0%.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 4:36 am

FXI

China's GDP growth for Q1 year-to-date outpaced expectations, coming in at 5.3% compared to the estimated 5.0% and the previous 5.2%.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 4:36 am

FXI

China's GDP growth for Q1 was reported at 5.3%, surpassing both the estimated 4.8% and the previous quarter's 5.2%.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 4:36 am

FXI

China's Gross Domestic Product (GDP) for the first quarter (Q1) grew by 1.6%, surpassing the previous quarter's revised growth of 1.2%.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 4:35 am

FXI

China's Fixed Asset Investment (YoY) for March increased to 4.5%, surpassing both the estimated 4.0% and the previous 4.2%. This indicates a stronger than expected economic activity in China, particularly in terms of infrastructure and capital investments.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 4:35 am

CRLBF

CURLF

GTBIF

SHWZ

The Viridian Cannabis Deal Tracker reports a 39% increase in market value for major cannabis companies, with valuation multiples rising for 11 out of 14 major multi-state operators (MSOs). This growth is attributed to investors betting on long-term growth over short-term earnings, with companies like Curaleaf (CURLF) and Schwazze (SHWZ) experiencing valuation increases despite flat or declining EBITDA. GTI (GTBIF) and Cresco (CRLBF) also saw increases in both EBITDA multiples and estimates, indicating strong fundamentals. The anticipation of cannabis rescheduling is driving multiple expansions, with a focus on EBITDA growth as a key indicator of corporate health.

Portfolio Pulse from Nicolás Jose Rodriguez

April 15, 2024 | 11:53 pm