Streetbeat News

Revenues

CURLF

MSOS

Curaleaf's Executive Chairman, Boris Jordan, discusses the company's international strategy, highlighting slower consumer habits and market similarities between Germany and California. The UK market is described as pharmaceutical, while Poland resembles Germany. Curaleaf has been working in Turkey, leveraging its hemp industry knowledge.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:42 pm

CURLF

MSOS

Curaleaf's Executive Chairman, Boris Jordan, highlights the company's growth in Europe, expecting over $100 million in revenue with significant margin improvements. Curaleaf is also a major player in the US, particularly in Arizona and Florida.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:40 pm

CURLF

MSOS

Curaleaf's Executive Chairman, Boris Jordan, discussed the impact of a hurricane on their operations in Florida, including store closures and ongoing construction. The company is tripling its capacity in Florida for adult use and prioritizing safety. Pre-storm performance was strong.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:37 pm

CURLF

MSOS

Curaleaf's Executive Chairman, Boris Jordan, highlights challenges in the cannabis industry, including a recession in the consumer sector, inflation, hemp market proliferation, and lack of capital markets, which are pressuring the regulated market.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:35 pm

CURLF

MSOS

Curaleaf's Executive Chairman, Boris Jordan, highlights the significant growth in the hemp products market, estimating its value between $20B-$25B in the US.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:34 pm

SPY

The upcoming September CPI report is crucial for determining the Federal Reserve's next move. Economists expect headline inflation to ease, but core inflation remains a concern. Traders are pricing in a high chance of a rate cut, but recent strong jobs data and rising oil prices have increased uncertainty. The S&P 500, tracked by SPY, is expected to react significantly to the report.

Portfolio Pulse from Piero Cingari

October 08, 2024 | 4:31 pm

LMT

Lockheed Martin (NYSE:LMT) has outperformed the market over the past 10 years with an average annual return of 13.16%. A $1000 investment in LMT 10 years ago would now be worth $3,507.11. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 4:30 pm

BLDR

Builders FirstSource (NYSE:BLDR) has significantly outperformed the market over the past decade, with an average annual return of 44.16%. A $1000 investment in BLDR 10 years ago would now be worth $39,005.03. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 4:30 pm

CHRD

Chord Energy Inc. (NASDAQ:CHRD) has seen a 1.15% decrease in its share price to $136.19. Despite a 0.96% increase over the past month, the stock has decreased by 18.22% over the past year. The company's P/E ratio is lower than the industry average, suggesting potential undervaluation or weak growth prospects.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 4:15 pm

RCAT

Red Cat shares rose following the announcement of a $1.6 million contract for Edge 130 Blue Drones.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:11 pm