Streetbeat News

Revenues

SIEGY

Siemens AG plans to invest €2 billion in new manufacturing capacity, innovation labs, education centers, and more worldwide. The company will expand its production network and R&D capacities in Asia, including a high-tech factory in Singapore and a digital factory in Chengdu, China. Siemens Mobility will also build a new rolling stock factory in Lexington, North Carolina.

Portfolio Pulse from Nabaparna Bhattacharya

June 15, 2023 | 11:36 am

VUZI

Vuzix Corporation will host its Annual Shareholder Meeting today, discussing revenue growth opportunities across various sectors and showcasing its ability to deliver innovative waveguide optics and related technology at scale. The company expects to achieve record smart glasses revenue for Q2 2023.

Portfolio Pulse from Charles Gross

June 15, 2023 | 11:27 am

PSFE

Paysafe has reaffirmed its revenue and adjusted EBITDA guidance for the full year 2023, which was previously announced on May 16, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 11:13 am

AVAH

Aveanna Healthcare reaffirms its full-year 2023 guidance, expecting revenue of at least $1.84 billion and adjusted EBITDA of at least $130 million.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 11:11 am

CGNT

Cognyte has increased its FY24 revenue outlook to $303 million at the midpoint, with a range of +/- 2%, up from the previous estimate of $300 million at the midpoint with a range of +/- 2%.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 11:05 am

AAPL

GOOG

GOOGL

LNVGY

SSNLF

A new study by Consumer Intelligence Research Partners reveals that Apple's iPhone has successfully enticed a higher percentage of Android users to switch platforms than vice versa. The data shows 94% of iOS users remained loyal to Apple, while 91% of Android users stayed with their platform. However, 14% of iPhone buyers were previously Android users, compared to only 4% of Android users switching from an iPhone.

Portfolio Pulse from Ananya Gairola

June 15, 2023 | 8:05 am

AMZN

GOOG

GOOGL

Amazon Pay aims to leverage its mobile wallet service to reestablish itself in the consumer payment market in India, focusing on interoperability and increasing transaction share among its extensive customer base. Amazon Pay faces competition from Paytm Payments Bank and Google's payment services.

Portfolio Pulse from Shomik Sen Bhattacharjee

June 15, 2023 | 6:46 am

BUD

STZ

TAP

The Bud Light boycott, sparked by its collaboration with trans activist Dylan Mulvaney, has led to a significant decline in sales, causing the brand to lose its position as the top-selling beer in the US. Anheuser-Busch InBev (BUD) could face further pressure on its shares, while competitors Constellation Brands (STZ) and Molson Coors Beverage (TAP) may benefit.

Portfolio Pulse from Chris Katje

June 14, 2023 | 11:20 pm

FOXA

FOX News Digital reported year-over-year increases in multiplatform views and minutes, outperforming other leading news brands. FOXA may be mentioned in the article.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 9:29 pm

HEXO

HEXO Corp reported an 11% decrease in total net revenues for Q3 compared to the previous quarter and a 53% decrease year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 9:14 pm