Streetbeat News

Revenues

SY

So-Young International Inc (NASDAQ:SY) reported mixed Q1 FY23 results with revenues of $45.15 million, beating estimates but falling 4.7% YoY. The company plans to expand its non-surgical medical aesthetic market nationwide.

Portfolio Pulse from Nabaparna Bhattacharya

May 22, 2023 | 1:33 pm

CIDM

Cinedigm Corp. (NASDAQ:CIDM) is rebranding to Cineverse, a global streaming technology and entertainment company. The company's stock symbol will change from CIDM to CNVS, starting May 23, 2023. This rebranding marks Cinedigm's transformation into a pure-play streaming content and technology company.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:32 pm

SPY

The S&P 500 rose 1.6% last week, with a focus on the American consumer as personal consumption accounts for 71% of GDP. Retail sales in April increased 0.4% to $686.1 billion, and consumers still have an estimated $500 billion in excess savings. However, economic growth is cooling, and consumer finances are normalizing.

Portfolio Pulse from Sam Ro

May 22, 2023 | 1:30 pm

DSX

Diana Shipping Inc. (NYSE:DSX) has entered into a time charter contract with Cargill International S.A. for its Panamax dry bulk vessel, the m/v Selina. The gross charter rate is $12,000 per day, and the contract lasts until at least September 15, 2024. The employment of Selina is expected to generate around $5.71 million in gross revenue.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:30 pm

LSDI

Lucy Scientific Discovery Inc. (NASDAQ:LSDI) announces the availability of its functional Amanita-based product line, Mindful, through multiple retail channels including the company's online store and Hightimes.com.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:28 pm

F

Ford Motor expects to generate $200 million in revenue from its Blue Cruise assisted driving technology, according to a company executive.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:25 pm

GNUS

Genius Brands Intl (NASDAQ:GNUS) reported Q1 sales of $14.20 million, a significant increase of 885.43% compared to $1.44 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:13 pm

BA

Fitch Ratings expects Boeing to deliver nearly 600 aircraft in 2023, including between 425-450 737 Max aircraft.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:08 pm

SPY

Federal Reserve Bank of St. Louis President James Bullard said that households are still 'flush' and this will continue to support consumer spending. This statement indicates a positive outlook for the US economy.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:08 pm

GRI

GRI Bio provided a business outlook and highlighted upcoming milestones for its NKT cell modulators pipeline, focusing on inflammatory, fibrotic, and autoimmune diseases. The company is advancing its lead programs, GRI-0621 and GRI-0803, and expects to reach value-driving milestones in the near term.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:04 pm