Streetbeat News

Revenues

GOOG

GOOGL

Alphabet Inc.’s YouTube has silently raised its subscription price in the U.S. for new subscribers to $13.99 monthly, a $2 increase from the previous $11.99 fee. Those subscribing through the iOS YouTube app face a steeper monthly cost of $18.99. Current subscribers will likely be unaffected by the price adjustment for now. YouTube last raised the price of its premium subscription back in 2018.

Portfolio Pulse from Ananya Gairola

July 20, 2023 | 8:00 am

EWJ

Japan's trade balance for June was reported at 43.0B, significantly better than the estimated -46.7B and the prior figure of -1,381.9B.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 3:59 am

EWJ

Japan's year-on-year exports for June increased by 1.5%, which is lower than the estimated 2.2% but higher than the previous 0.6%.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 3:57 am

RIG

Transocean has released its fleet status report, revealing a total backlog of $9.2 billion as of July 19, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 9:09 pm

KARO

Karooooo reported a 24% year-over-year increase in its Q1 total revenue to approximately $53.95 million. The company's earnings per share (EPS) for the quarter was around $0.2754.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:57 pm

AHT

Ashford Hospitality Trust has reported preliminary Q2 occupancy of 75%, with an average daily rate of approximately $191. The company's Revenue Per Available Room (RevPAR) is around $144, marking a 7% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:38 pm

IBM

IBM's Chairman and CEO, Arvind Krishna, expressed excitement about the response to the recently launched Watsonx AI platform. He also reaffirmed the company's confidence in its revenue and free cash flow growth expectations for the full year.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 8:11 pm

IBM

IBM has projected a constant currency revenue growth of 3%-5% for the fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:11 pm

NFLX

Netflix has revised its 2023 cash content spend expectations downwards due to delays in production starts and ongoing strikes by the Writers Guild of America (WGA) and Screen Actors Guild‐American Federation of Television and Radio Artists (SAG-AFTRA).

Portfolio Pulse from Bill Haddad

July 19, 2023 | 8:03 pm

GKOS

SGHT

Needham expects Glaukos Corp (GKOS) to surpass expectations and raise its Q2 FY23 outlook, driven by rebounding iStent inject volumes and the accelerating iAccess and iPRIME launches. The analyst firm maintains a Buy rating and raises the price target to $89 from $67. Glaukos could see increasing iStent momentum before favorable ASC facility fee changes in 2024. The changes could potentially drive $10 million in revenue to GKOS in 2024.

Portfolio Pulse from Vandana Singh

July 19, 2023 | 6:26 pm