Streetbeat News

Revenues

TSLA

Mercedes-Benz, India's leading luxury car seller, views Tesla Inc.'s potential entry into the Indian market positively, expecting it to boost the overall electric vehicle (EV) market growth. Mercedes plans to keep its EV charging bays open for Tesla and other brands, reflecting confidence in the expanding market. Despite Tesla's lower price points, Mercedes remains optimistic, citing a record-breaking first quarter in 2024 with plans to introduce three new electric models. The company anticipates EVs could account for 25% of its sales by 2030.

Portfolio Pulse from Shomik Sen Bhattacharjee

April 12, 2024 | 6:13 am

EWG

Germany's Consumer Price Index (CPI) for March reported a year-over-year increase of 2.2%, aligning with estimates and showing a slight decrease from the previous 2.5%.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 6:07 am

EWU

The U.K.'s trade balance with non-EU countries for February showed a deficit of -2.90 billion, an improvement from the revised -3.34 billion deficit reported for the prior period.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 6:06 am

EWU

The U.K. trade balance for February was reported at -14.21 billion, slightly better than the estimated -14.50 billion but worse than the revised prior figure of -14.10 billion.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 6:06 am

EWU

The U.K.'s Gross Domestic Product (GDP) for February showed a 3-month on 3-month change of 0.2%, surpassing the estimated 0.1% and improving from the previous -0.1%. This indicates a slight strengthening in the U.K.'s economic activity during the period.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 6:06 am

EWU

The U.K.'s Gross Domestic Product (GDP) for February showed a growth of 0.1%, aligning with the estimates and marking a slight decrease from the prior month's revised growth of 0.3%.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 6:04 am

MSTR

Peter Schiff predicts a significant crash for Bitcoin, attributing it to speculative ETF buyers selling off, leading to a lack of liquidity. He also foresees a potential bankruptcy for MicroStrategy (NASDAQ:MSTR) due to its heavy investment in Bitcoin. Schiff criticizes the blockchain and Bitcoin as a 'Digital Ponzi' scheme and questions MicroStrategy's financial strategies. Despite Bitcoin's recent losses, analysts predict its holdings will increase significantly by 2025.

Portfolio Pulse from Khyathi Dalal

April 11, 2024 | 9:53 pm

NXPL

NextPlat Corp reported a significant increase in its consolidated revenues for 2023, totaling $37.8 million, which represents a 222% increase compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:42 pm

GTIM

Good Times Restaurants reported a mixed performance in its Q2 same store sales, with a 0.9% increase for its Good Times brand and a 3.2% decrease for its Bad Daddy's brand.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:07 pm

MP

Analyst ratings for MP Materials (NYSE:MP) show a mix of bullish and bearish perspectives with a recent average price target of $21.07, down 16.82% from the previous $25.33. The company faces challenges with a revenue decline of -55.81% and a net margin of -39.46%, but has a strong ROE of -1.19% and ROA of -0.7%. Debt management is positive with a debt-to-equity ratio of 0.5.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:02 pm