Streetbeat News

Revenues

EWU

The U.K. Consumer Price Index (CPI) for December showed an increase of 0.4%, which was higher than the estimated 0.2% and a reversal from the previous month's decline of 0.2%.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 7:01 am

PAPL

Pineapple Financial (PAPL) reported a significant revenue decline of 36.2% year-over-year in the first quarter of fiscal 2024. The company also experienced a net loss per share of $(0.14), which is a slight increase from the previous year's $(0.12) loss per share. Despite the revenue decline, Pineapple Financial increased its unrestricted cash and receivables by $1.721 million, ending the quarter with $3.419 million in total.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 6:29 am

FXI

China's Industrial Production for December increased to 4.6% year-to-date compared to the previous 4.3%, indicating a slight improvement in industrial output.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:25 am

FXI

China's Gross Domestic Product (GDP) Year To Date (YoY) for Q4 remained steady at 5.2%, unchanged from the previous quarter.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:24 am

FXI

China's GDP growth for Q4 came in at 5.2%, slightly below the estimated 5.3% but higher than the previous 4.9%. This may indicate a slower than expected economic expansion.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:23 am

FXI

China's Q4 GDP growth matched estimates at 1.0%, maintaining the same level as the forecast and showing no increase from the revised 1.5% growth in the previous quarter.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:23 am

GBTC

Cryptocurrencies Bitcoin, Ethereum, and Dogecoin saw gains on Tuesday evening. Analysts weigh the impact of spot ETFs on Bitcoin, predicting a potential rejection at $46K and a correction below $40K. Grayscale Bitcoin Trust transferred 8,730 Bitcoin to Coinbase Prime, hinting at possible sales due to its share price decline. The global cryptocurrency market cap increased slightly, while the S&P 500 and Nasdaq Composite saw declines. Investors await December retail sales data, which could impact economic growth perceptions. Ethereum's price dominance over Bitcoin has grown, with a significant increase in new ETH addresses and a decrease in supply on exchanges.

Portfolio Pulse from Mehab Qureshi

January 17, 2024 | 2:50 am

MULN

Mullen Automotive reported that in FY23, it delivered a total of 35 vehicles. The company generated revenue of $366,000 from the sales of 25 Campus Urban Delivery Vehicles.

Portfolio Pulse from Charles Gross

January 16, 2024 | 11:20 pm

UNRV

Unrivaled Brands, Inc. (OTCQB:UNRV) has completed a strategic reorganization, with Blum Holdings, Inc. becoming its parent company. UNRV implemented a 1-for-100 reverse stock split of its common stock on Jan. 12. Post-reorganization, UNRV shares have converted to Blüm's common stock, which will trade under the symbol 'BLMH' on the OTCQB. The company's Q3 financials showed a revenue drop of 11.4% YoY to $8.6 million, but a reduced net loss of $3.4 million compared to the previous year's $119.9 million. UNRV shares were down 7.41% at $0.0075 per share.

Portfolio Pulse from Jelena Martinovic

January 16, 2024 | 11:17 pm

EOLS

Evolus projects its FY24 revenue to be between $255M-$265M, surpassing the estimated $253.27M.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 10:31 pm