Streetbeat News

Revenues

D

Dominion Energy Virginia, a subsidiary of Dominion Energy, has launched its largest battery storage facility in Chesterfield County, Virginia. The Dry Bridge Battery Energy Storage System has a capacity of 20 megawatts, enough to power 5,000 homes for up to four hours. This facility contributes to the company's renewable energy efforts, including the largest offshore wind project in the U.S. and the second-largest solar fleet. It also generates significant tax revenue for the county. The company is expanding its battery storage capabilities, with several other projects in development or recently announced.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:44 pm

DPZ

Domino's Pizza anticipates over 3% annual same-store sales growth in the U.S. for the long term (2024-2028). The company also expects its margins in 2024 to remain relatively flat compared to 2023, as revealed during their Investor Day.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:39 pm

DG

During a conference call, an executive from Dollar General mentioned that the company is experiencing an improvement in customer traffic and same-store sales for the month of November.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:19 pm

BTCUSD

ETHUSD

HOOD

MATICUSD

SOLUSD

Robinhood Markets Inc. is expanding in the EU with its commission-free cryptocurrency trading service, following its UK stock trading launch. The app offers trading of over 25 cryptocurrencies, including Bitcoin, Ether, and Solana. A loyalty program with Bitcoin cashback is also introduced. Despite a 75% increase in crypto trading volumes in November, Robinhood's overall crypto trading volumes declined by 55% in Q3 year-over-year. Regulatory challenges have led to the removal of some tokens in the U.S., and the company will need to comply with the EU's MiCA regime by 2025.

Portfolio Pulse from Murtuza Merchant

December 07, 2023 | 3:07 pm

TXT

Textron Aviation, a Textron Inc. (NYSE:TXT) company, has announced a sale of 40 additional Cessna Skyhawk aircraft to ATP Flight School, with deliveries starting in 2026. This deal is part of ATP's goal to train 20,000 airline pilots by 2030 and marks the fourth fleet purchase in just over a year, totaling 135 Skyhawks. The Skyhawk is a key training aircraft for ATP, which is expanding its fleet by 60% over the next three years. ATP is also investing in its flight operations center in Florida to enhance safety and efficiency.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:04 pm

DIS

TSLA

Elon Musk criticized Bob Eiger, suggesting that by advertising next to child exploitation material, Eiger is endorsing it. Musk questioned the lack of an advertiser boycott against such content.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:02 pm

SPY

USA Wholesale Trade Sales for October decreased by 1.3% compared to a 2.0% increase in the previous month, indicating a potential slowdown in wholesale trade activity.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:01 pm

SPY

USA Wholesale Inventories for October decreased by 0.4%, which is lower than the estimated decrease of 0.2% and down from the prior month's increase of 0.2%.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:00 pm

SYTA

Siyata Mobile has received follow-on orders worth $900,000 from existing international defense and EMS customers for its UV350 in-vehicle device and PTT rugged handset. The orders are expected to be delivered in Q4 2023 and Q1 2024.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:27 pm

JBLU

JetBlue Airways Corporation (NASDAQ:JBLU) shares rose after the company reported strong demand for travel and operational performance, leading to raised Q4 and FY23 outlooks. Q4 ASM is expected to increase by 2.0%-3.0%, with a narrower projected revenue decrease and a smaller adjusted loss per share than previously anticipated. FY23 revenue growth projections were also increased, alongside a reduced expected adjusted loss per share.

Portfolio Pulse from Nabaparna Bhattacharya

December 07, 2023 | 2:20 pm