Streetbeat News

Revenues

NEWT

NewtekOne, Inc. (NASDAQ:NEWT) anticipates reporting $742M in deposits at Newtek Bank, N.A. by September 30, 2024, marking an 11.7% increase from June 2024 and a 43% rise from December 2023. Business core deposits are expected to grow by 45% to $119M.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:17 pm

AMD

GNRC

NVDA

TLT

TSLA

UVE

The article discusses the impact of rising yields and a higher neutral rate on various financial assets, including the iShares 20+ Year Treasury Bond ETF (TLT), NVIDIA Corp (NVDA), Advanced Micro Devices (AMD), Tesla Inc (TSLA), and several insurance and generator companies due to Hurricane Milton. It highlights the potential for significant stock moves, the importance of the 10-year Treasury yield, and the implications of the Fed's neutral rate. The article also mentions the positive money flows in major tech stocks and ETFs, and the impact of geopolitical tensions on market volatility.

Portfolio Pulse from The Arora Report

October 08, 2024 | 3:17 pm

MSOS

VRNOF

Verano President Darren Weiss discusses the impact of rescheduling on cannabis companies like Verano, highlighting the potential for increased cash flow and the ability to focus on long-term value. This change allows these companies to operate more like traditional businesses.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:11 pm

MSOS

Chicago Atlantic's Managing Partner, Peter Sack, highlights the positive impact of the removal of 280E on cash flow for their businesses and clients. This change is expected to benefit companies in the cannabis sector, potentially affecting related ETFs like MSOS.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:10 pm

MSOS

The Benzinga Cannabis Capital Conference discusses the impact of the potential repeal of the 280E tax code on cannabis companies. The focus is on how different companies might benefit financially from this change.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:03 pm

XOM

Exxon Mobil has shut down several oil wells and sites in North Dakota due to multiple wildfires. This operational halt could impact the company's short-term production and revenues.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:03 pm

BA

Boeing reported 272 net orders and 291 airplane deliveries through September 30, 2023. The company delivered 33 commercial jets in September, including 27 737 Max jets, and received 315 gross aircraft orders year-to-date.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:01 pm

ORCL

The article evaluates Oracle (NYSE:ORCL) against its peers in the software industry, focusing on key financial metrics. Oracle shows potential for growth with a low P/E ratio compared to the industry average, but its high P/B ratio suggests a premium valuation. Despite strong EBITDA and gross profit, Oracle's revenue growth lags behind industry peers.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:01 pm

NVDA

NVIDIA (NASDAQ:NVDA) has received a range of analyst ratings over the past three months, with a majority being bullish. Analysts have raised the average 12-month price target by 8.69% to $151.88. NVIDIA's financial performance is strong, with significant revenue growth, high net margins, and efficient debt management.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:01 pm

LB

LandBridge (NYSE:LB) has been analyzed by 10 analysts, showing a range of ratings from bullish to bearish. Recent analyst actions include raised price targets and ratings, with an average 12-month price target of $34.2. Despite positive revenue growth, LandBridge faces challenges with net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:00 pm