Streetbeat News

Revenues

EWQ

France's Consumer Spending for December remained stable at 0.3%, matching the estimated figure and showing no change from the previous month's revised figure of 0.6%.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 6:31 am

HMC

STLA

TM

Toyota Motor Corp (NYSE:TM) leads vehicle sales in California, primarily with combustion engine models, registering 278,345 new vehicles in 2021, a 2% increase from the previous year. However, Toyota faces competition in the EV market, with only 3,753 BEV and 10,889 plug-in hybrid registrations. Honda Motor Co (NYSE:HMC) saw a 33.4% increase in registrations, while Stellantis NV's (NYSE:STLA) Jeep Wrangler PHEV outperformed Toyota's RAV4 PHEV. Tesla's Model Y was the best-selling car in California, indicating a strong market shift towards BEVs.

Portfolio Pulse from Anan Ashraf

January 30, 2024 | 5:37 am

EWA

Australia's retail sales for December showed a preliminary decline of 2.7%, which is significantly lower than the estimated 1.0% decrease. This represents a sharp drop from the revised prior figure of 1.6% growth.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 5:35 am

RIVN

TSLA

Tesla's Model Y was the best-selling vehicle in California in 2023, with 132,636 new registrations, contributing to Tesla's total of 230,588 new BEV registrations, a 24.6% increase from 2022. Rivian saw the largest increase in new registrations, with 10,297 vehicles registered, a 142.7% jump. The EV market share in California rose to 21.4%, while internal combustion engine market share dropped to 63.9%.

Portfolio Pulse from Anan Ashraf

January 30, 2024 | 3:12 am

SMBC

Southern Missouri Bancorp (NASDAQ:SMBC) reported Q2 sales of $40.13M, missing the consensus estimate of $41.17M by 2.54%. Despite the miss, this represents a 19.04% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:50 pm

URG

Ur-Energy Inc. reported its 2023 Q4 and year-end operations update, highlighting the capture of approximately 103,487 pounds of U3O8, with 68,448 pounds captured in Q4 alone. The company ramped up operations at Lost Creek, leading to the operation of new header houses in Mine Unit 2. The average production grade for Q4 was 93.9 mg/l. Ur-Energy sold 280,000 pounds of U3O8 from inventory for $17.3 million in 2023 and ended the year with $59.7 million in cash and cash equivalents. The company has sales projections of 570,000 pounds of U3O8 for 2024, fulfilling contracts established in 2022 at prices below $60 per pound.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:20 pm

JNJ

NBTX

Nanobiotix has achieved a significant milestone by receiving a $20M payment as part of its global licensing agreement with Janssen for a Phase 3 study on head and neck cancer. This payment marks the first development milestone under the agreement.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 10:16 pm

AMZN

Kueski Pay, a payment method allowing customers to pay in bi-weekly installments, is now available on Amazon Mexico. Merchants have reported up to 70% growth in conversion rates and 40% higher purchase frequency when using Kueski Pay.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 9:58 pm

ARCO

Arcos Dorados, the largest McDonald's franchisee in Latin America, reported a 32.4% increase in systemwide comparable sales for Q4. The company also saw its total revenue rise by 15.4% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 9:33 pm

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) reported Q2 earnings of $5.59 per share, surpassing estimates of $4.93 and showing a 71.47% increase from the previous year. Sales reached $3.67 billion, a 103.27% increase year-over-year, beating estimates of $3.06 billion. The company raised its FY 2024 revenue outlook to $14.3 billion to $14.7 billion. Shares rose 6.93% after-hours to $529.99.

Portfolio Pulse from Erica Kollmann

January 29, 2024 | 9:29 pm