Streetbeat News

Revenues

TIGR

UP Fintech Holding Ltd (TIGR) reported Q1 FY23 revenue growth of 26% YoY to $66.33 million, beating the consensus of $45.06 million. The company added 30,392 funded accounts in the quarter and soft-launched TigerGPT, a financial AI based on ChatGPT.

Portfolio Pulse from Anusuya Lahiri

May 30, 2023 | 10:25 am

BNR

Burning Rock Biotech reiterated its FY23 revenue guidance, expecting a growth of approximately 20% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 9:41 am

HTHT

H World Group Ltd (NASDAQ:HTHT) reported Q1 FY23 sales growth of 67.1% YoY to $652 million, beating analyst consensus of $628.50 million. Occupancy rate for Legacy-Huazhu hotels was 75.6%, and blended RevPAR was RMB210. The company expects Q2 revenue growth of 51%-55% and maintains its full-year expectation of 1,400 gross hotel openings and 42-46% YoY revenue growth.

Portfolio Pulse from Shivani Kumaresan

May 30, 2023 | 9:33 am

HTHT

H World Group anticipates Q2 revenue growth of 51%-55% Y/Y, surpassing the consensus of $698.47M. The company also reiterates its FY23 revenue growth projection of 42%-46% Y/Y, compared to the consensus of $2.82B.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 7:45 am

GOTU

Gaotu Techedu expects Q2 revenue to be between $94.71M and $97.63M, significantly higher than the consensus estimate of $40.85M.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 7:23 am

DIS

Disney+ has not removed the controversial film 'Lightyear' from its library, but the documentary 'Beyond Infinity: Buzz and the Journey to Lightyear' has disappeared from the platform. This comes as Disney (NYSE:DIS) is implementing cost-cutting measures, aiming to save $5.5 billion.

Portfolio Pulse from Ananya Gairola

May 30, 2023 | 6:30 am

AYURF

Ayurcann Holdings Corp. (OTCQB:AYURF) reported Q3 2023 financial results, with gross revenues of CA $5.9 million (US $4.3 million), a 114% increase compared to the same period last year. The company has expanded its product offerings to 60 SKUs and achieved Canadian retail penetration of over 65%.

Portfolio Pulse from Maureen Meehan

May 29, 2023 | 1:25 pm

PCLOF

PharmaCielo reports Q1 2023 revenue down 34.2% YoY, but CEO Bill Petron expects robust global sales of cannabis flower in 2023. The company has expanded its global business development organization and has made progress in markets such as Germany, the Czech Republic, Portugal, Poland, and Australia.

Portfolio Pulse from Maureen Meehan

May 29, 2023 | 12:48 pm

TM

TSLA

Tesla's Model Y has become the world's bestselling car, surpassing Toyota's RAV4 and Corolla models in global sales rankings for Q1 2023. The Model Y sold 267,200 units globally, compared to 256,400 Corolla and 214,700 RAV4 units. Tesla has also started delivering Model Y vehicles equipped with the upgraded Hardware 4 self-driving setup.

Portfolio Pulse from Bibhu Pattnaik

May 27, 2023 | 7:20 pm

AAPL

AMZN

GOOGL

MSFT

NVDA

NVIDIA Corporation (NVDA) is on track to become the fifth publicly traded company to be worth $1 trillion, joining Apple, Microsoft, Alphabet, and Amazon, thanks to the artificial intelligence revolution. Nvidia shares jumped 24% after announcing its Q1 financial results, with a profit of $1.09 a share and Q2 revenue guidance of $11 billion.

Portfolio Pulse from Bibhu Pattnaik

May 27, 2023 | 6:18 pm