Streetbeat News

Revenues

CTVA

Corteva Inc has partnered with the U.S. Agency for International Development (USAID) to support Ukrainian farmers by providing access to financial and grain storage solutions. Corteva plans to increase its production of hybrid corn and sunflower seeds in Ukraine by 30% over the next five years.

Portfolio Pulse from Lekha Gupta

June 05, 2023 | 9:58 am

FXI

TSLA

Tesla delivered 77,695 China-made electric vehicles in May, a 2.4% increase compared to April, according to the China Passenger Car Association.

Portfolio Pulse from Charles Gross

June 05, 2023 | 8:45 am

XPRO

Expro Group Holdings N.V. (NYSE:XPRO) has secured a five-year Well Intervention and Integrity contract worth over $30 million with TotalEnergies EP Uganda for the multi-well Tilenga project. Expro's innovative environmental solution and commitment to national recruitment contributed to winning the contract.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 8:19 am

LVMHF

LVMUY

LYV

Taylor Swift's successful 2023 Eras Tour has led to a surge in demand for tickets, causing Ticketmaster's website to crash and parent company Live Nation Entertainment (NYSE:LYV) to face backlash. Swift's wealth has increased to $740 million, ranking her 34th on Forbes' Richest Self-Made Women list, surpassing Madonna. Rihanna remains the wealthiest female musician with $1.4 billion, partly due to her 50% ownership in Fenty Beauty, co-owned by LVMH (OTC:LVMUY)(OTC:LVMHF).

Portfolio Pulse from Chris Katje

June 03, 2023 | 9:36 pm

MMV

ONCR

S

U.S. stocks extended gains on Friday, with the Dow Jones gaining around 700 points, NASDAQ rising 1%, and S&P 500 gaining 1.46%. The U.S. economy added 339,000 jobs in May, surpassing market estimates of 190,000. However, the unemployment rate increased to 3.7%. Notable stock movements include MultiMetaVerse Holdings (MMV) surging 188%, SentinelOne (S) dropping 37%, and Oncorus (ONCR) falling 42%.

Portfolio Pulse from Lisa Levin

June 02, 2023 | 6:30 pm

FDX

Morgan Stanley analyst Ravi Shanker reiterated an Equal Weight rating on FedEx Corp (NYSE:FDX) with a price target of $180. The analyst expects future earnings risk for FedEx to come from the revenue line, with revenues being crucial to offset inflation headwinds.

Portfolio Pulse from Shivani Kumaresan

June 02, 2023 | 6:19 pm

BILI

Benchmark analyst Jason English reiterates a Buy rating and a $35 price target for Bilibili Inc (NASDAQ:BILI). The company reported on par 1Q results and reconfirmed its FY23 guidance. Advertising showed solid recovery and above-industry growth in 1Q. Bilibili aims to achieve profitability in FY24.

Portfolio Pulse from Anusuya Lahiri

June 02, 2023 | 4:58 pm

CC

IOT

MMV

ONCR

PD

S

TSE

YJ

U.S. stocks extended gains with Nasdaq Composite gaining 1% on Friday. The US economy added 339,000 jobs in May, significantly higher than market estimates of 190,000. Crude oil rose 2% to $71.49. Samsara Inc. shares spiked 31% after reporting better-than-expected Q1 results and raising its FY24 outlook.

Portfolio Pulse from Lisa Levin

June 02, 2023 | 4:09 pm

C

INDA

VGK

Citigroup CEO Jane Fraser spoke at an investor conference, stating that the economic outlook in Europe is more negative than in the US, while India has a lot of growth and potential.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 3:07 pm

F

Ford's US sales in May 2023 increased 10.7% YoY to 170,933 vehicles, with EV sales declining 13% and hybrid sales jumping 20.5%. Year-to-date sales increased 8.8% to 830,841 vehicles. Ford's stock is trading higher by 2.60% at $12.43.

Portfolio Pulse from Shivani Kumaresan

June 02, 2023 | 2:58 pm