Streetbeat News

Revenues

HUM

21 analysts have recently updated their ratings on Humana (NYSE:HUM), showing a diverse range of perspectives from bullish to bearish. The average 12-month price target is now $428.95, a 15.62% decline from the previous average, with adjustments made by analysts from firms including Wells Fargo, Goldman Sachs, and Barclays. Humana's financial performance indicates a revenue growth rate of 17.93% as of December 31, 2023, but challenges in net margin and debt management are noted. The company's focus on government-sponsored programs and healthcare services positions it uniquely in the health insurance sector.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 1:00 pm

AAPL

BTCUSD

ETHUSD

TSLA

The article covers a range of topics from cryptocurrency trends, including Bitcoin's surge as its halving approaches, to US and world politics, the US economy, tech innovations, electric vehicles, and more. Key highlights include Bitcoin, Ethereum, and Dogecoin's price movements, Ripple CEO's market prediction, and various political and economic developments in the US and globally. It also touches on tech updates like Apple's new initiatives and Tesla's focus on autonomy.

Portfolio Pulse from Akanksha Bakshi

April 08, 2024 | 12:49 pm

VUZI

Vuzix Corporation (NASDAQ:VUZI) announced the online sales launch of its Vuzix Shield smart safety glasses, expanding availability to the general public. The Vuzix Shield, featuring advanced AR technology, microLED displays, and various functionalities tailored for enterprise use, is now available for purchase on the company's website. Initially targeted at developers and researchers, the product supports a wide range of use cases across different industries. The company has increased manufacturing capacity to meet growing demand and continues to focus on delivering high customer service levels.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:47 pm

MULN

Mullen Automotive, Inc. (MULN) announces significant cost reduction and consolidation measures expected to save approximately $170 million over the next 12 months. The company is focusing on the commercial EV segment, aiming to sell 100 units in April, as part of its strategy to align with current market conditions and drive near-term revenue. These actions include prioritizing commercial programs, integrating engineering centers, and expanding the dealer network, aiming for long-term growth and improved financial results.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:43 pm

MTEK

Maris-Tech announced receiving an order worth approximately $110,000 from an existing customer in the defense industry for a novel miniature intelligence-gathering product based on the Mars platform technology.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:42 pm

BSET

EGLE

Insider purchases at Eagle Bulk Shipping, SentinelOne, and Bassett Furniture Industries signal confidence in these companies. Eagle Bulk Shipping's merger with Star Bulk was approved, SentinelOne received a positive analyst rating, and Bassett Furniture reported downbeat quarterly sales.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 12:41 pm

LPTV

Loop Media, Inc. (NYSE:LPTV) has entered into a strategic partnership with Adnimation Ltd., a Google Certified Publishing Partner, to enhance its CTV ad revenue and diversify demand sources. The collaboration, leveraging Adnimation's CTV Fusion tool and Google's premium demand, has already generated incremental revenue for both companies. Loop Media aims to boost its ad revenue and fill rates across its CTV network by accessing Google's Programmatic Access Library SDK through this partnership.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:36 pm

ALAR

Alarum Technologies Ltd. (ALAR) anticipates a strong Q1 2024 performance with over $8.3M in revenue, a 50% increase from Q1 2023, and a record $3.2M in operating cashflow. Subsidiary NetNut's revenues surged by 140% in the same period. The company highlights growth driven by new products like the Web Unblocker.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:35 pm

BIDU

BRCC

CERS

OIS

PERI

RRC

RTO

TVGN

Perion Network Ltd. (NASDAQ:PERI) significantly reduced its FY24 revenue forecast, leading to a 37.6% drop in pre-market trading. Other stocks like BRC Inc. (NYSE:BRCC), Range Resources Corporation (NYSE:RRC), Cerus Corporation (NASDAQ:CERS), Oil States International, Inc. (NYSE:OIS), Tevogen Bio Holdings Inc. (NASDAQ:TVGN), and Baidu, Inc. (NASDAQ:BIDU) also saw pre-market declines, while Rentokil Initial plc (NYSE:RTO) experienced a pre-market increase.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 12:24 pm

SOTK

Sono-Tek Corporation (NASDAQ:SOTK) reported preliminary Q4 FY2024 revenue of $4.8M, a 30% increase YoY, and full-year sales of $19.7M, up 31% from FY2023. The company expects Q1 FY2025 sales to grow 35%-40% YoY. The equipment backlog grew 7% YoY to $9.1M. These results reflect strong orders and the delivery of large orders delayed by Covid-related supply chain issues. Sono-Tek anticipates continued growth in FY2025, supported by its critical technology in clean energy applications.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:21 pm