Streetbeat News

Revenues

ARGX

argenx presented data at the 2024 AANEM and MGFA Scientific Session showing the positive impact of its immunology programs, particularly VYVGART, on patients. The data highlights the drug's speed of onset, depth, and durability of response, along with a favorable safety profile. Real-world data indicates a significant reduction in steroid use among gMG patients using VYVGART. argenx is also expanding its neurology pipeline with new programs.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 5:28 am

BBJP

DXJ

EWJ

Japan's industrial production for August decreased by 3.3% month-over-month, matching both the estimated and prior figures.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 5:05 am

NFLX

SONY

SPOT

Jefferies identifies Netflix, Sony, and Bandai Namco as key beneficiaries of the booming anime industry, expected to reach $60 billion by 2030. The growth is driven by increased anime distribution on streaming platforms and licensing revenues.

Portfolio Pulse from Benzinga Neuro

October 15, 2024 | 3:34 am

CBSTF

CURLF

GTBIF

SHWZ

TCNNF

VRNOF

Cannabis sales in Colorado have increased by 5% quarter-to-date, while Connecticut's sales remain flat year-over-year. Notable companies in these markets include Schwazze, The Cannabist Company, Curaleaf, Green Thumb Industries, Trulieve Cannabis, and Verano Holdings.

Portfolio Pulse from Nicolás Jose Rodriguez

October 15, 2024 | 12:41 am

ALL

IAK

KBWP

KIE

PGR

TRV

Moody's Risk Management Solutions has significantly increased its estimated insured losses from Hurricanes Milton and Helene to between $35 billion and $55 billion, nearly quadruple the initial estimate. This has major implications for insurance companies operating in Florida, including Allstate, Travelers, and Progressive, as well as Florida-only carriers. ETFs tracking insurance companies, such as SPDR S&P Insurance ETF, iShares U.S. Insurance ETF, and Invesco KBW Property & Casualty Insurance ETF, showed positive performance.

Portfolio Pulse from Anthony Noto

October 14, 2024 | 10:24 pm

FET

Forum Energy Technologies reported preliminary Q3 2024 revenue of approximately $208 million, slightly below the estimated $214.5 million. Bookings were $205 million, and results are within previously announced guidance ranges.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 9:59 pm

SPY

UUP

Federal Reserve Governor Christopher J. Waller expressed caution over interest rate cuts due to disappointing inflation data, despite strong economic growth. The U.S. dollar index rose, and the S&P 500 index extended its record highs.

Portfolio Pulse from Piero Cingari

October 14, 2024 | 9:58 pm

NFLX

Netflix (NASDAQ:NFLX) has significantly outperformed the market over the past 15 years, with an annualized return of 36.11%. A $100 investment in Netflix 15 years ago would be worth $10,022.09 today. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 9:30 pm

EOG

EOG Resources (NYSE:EOG) has delivered an average annual return of 10.7% over the past 20 years, outperforming the market by 2.05% annually. A $1000 investment in EOG 20 years ago would be worth $7,702.94 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 9:30 pm

AAPL

ARM

Arm Holdings PLC (NASDAQ:ARM) has experienced a stock price increase due to growing semiconductor demand, a partnership with Apple, and strong financial performance. The stock is trending on social media, further boosting investor interest.

Portfolio Pulse from Vaishali Prayag

October 14, 2024 | 9:10 pm