Streetbeat News

Revenues

MSFT

SONY

Call of Duty: Black Ops 6 leads UK game charts despite a 10% drop in physical sales, likely due to Xbox Game Pass. PS5 dominates physical sales, while Xbox lags. The game sees strong Steam engagement but mixed reviews. Microsoft's Game Pass strategy is tested as it ends the $1 trial.

Portfolio Pulse from Franca Quarneti

October 29, 2024 | 5:53 pm

COIN

Coinbase's revenue may be negatively impacted due to lower trading volumes and regulatory uncertainty, according to analysts.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:49 pm

TTEK

Tetra Tech shares rose following the announcement of a $5 billion USAID governance and stabilization contract award.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:38 pm

BP

IEZ

OIH

SLB

Schlumberger's OneSubsea has secured a contract with BP for a subsea boosting system in the Kaskida project, marking a significant collaboration milestone. Despite this, Schlumberger's shares fell 2.38% following a revenue miss in Q3. Investors can access Schlumberger through ETFs like VanEck Oil Services ETF and iShares U.S. Oil Equipment & Services ETF.

Portfolio Pulse from Lekha Gupta

October 29, 2024 | 5:33 pm

HUBS

HubSpot (NYSE:HUBS) has significantly outperformed the market over the past 5 years, with an average annual return of 29.7%. A $1000 investment in HUBS 5 years ago would now be worth $3,620.44, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 5:30 pm

AON

Aon (NYSE:AON) has outperformed the market over the past 10 years with an average annual return of 15.51%, resulting in a $1000 investment growing to $4,290.38. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 5:30 pm

GOOGL

INTC

Intel's CEO, Pat Gelsinger, faces criticism for missteps, including overestimating AI chip revenue and delaying 18A manufacturing. Despite canceling a custom chip deal with Waymo, Intel remains confident in achieving process leadership by 2025.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:29 pm

PAG

Penske Automotive Group's stock dipped after reporting Q3 earnings that missed expectations. The company reported earnings per share of $3.39, below the expected $3.42, and sales of $7.59 billion, missing the $7.67 billion consensus. Despite challenges, the company saw growth in retail automotive service and parts revenue.

Portfolio Pulse from Nabaparna Bhattacharya

October 29, 2024 | 5:21 pm

ASMIY

ASML

ASM International reported Q3 orders of €815.3 million, surpassing expectations. The company forecasts Q4 revenue between €770 million and €810 million, and anticipates 2025 revenue to be in the range of €3.2 billion to €3.6 billion. This positive outlook has led to a rise in ASML's shares.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:12 pm

OBDC

Blue Owl Capital (NYSE:OBDC) has been analyzed by five analysts, showing mixed sentiments. The average 12-month price target is $15.6, down 3.11% from the previous $16.10. Analysts have adjusted their ratings and price targets, reflecting market conditions and company performance. Blue Owl Capital faces revenue challenges but maintains strong net margins.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 5:02 pm