Streetbeat News

Revenues

SPY

The Dallas Fed Services Revenues for September increased to 10.1 from a prior 8.7, indicating growth in the services sector.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 2:31 pm

VEEV

Veeva Systems (NYSE:VEEV) has significantly outperformed the market over the past decade, with an annualized return of 23.18%. A $1000 investment in VEEV 10 years ago would now be worth $7,849.39, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:30 pm

DPZ

Domino's Pizza (NYSE:DPZ) has significantly outperformed the market over the past 20 years, with an annualized return of 17.87%. A $1000 investment in DPZ 20 years ago would be worth $26,846.64 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:30 pm

SPY

The Texas Services Sector Outlook for September shows a decline to -2.6 from a previous -7.7, indicating a less negative sentiment compared to the prior month.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 2:30 pm

AMZN

GOOGL

META

MSFT

NVDA

Nvidia faces new competition as Cerebras files for an IPO and Huawei pushes AI chips. Nvidia's stock has risen significantly, but analysts warn of its dependency on major customers and potential overhype in AI investments. Cerebras aims to compete with Nvidia, while Huawei targets Nvidia's Chinese customers.

Portfolio Pulse from Anusuya Lahiri

October 01, 2024 | 2:06 pm

LVO

TSLA

LiveOne has renewed its partnership with Tesla until May 2026, launched LiveOne 2.0, and expects a threefold increase in ARPU. The company has adjusted its FY25 revenue guidance to $120M-$135M with an adjusted EBITDA of $8M-$15M.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 2:02 pm

EEFT

Euronet Worldwide (NASDAQ:EEFT) has received mixed analyst ratings, with 3 bullish and 1 somewhat bullish ratings in the last three months. Analysts have set a 12-month price target range of $121 to $145, with an average of $129, slightly down from $130. The company shows positive revenue growth but faces challenges with profitability, ROE, ROA, and high debt levels.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:02 pm

MXL

MaxLinear (NASDAQ:MXL) has received mixed analyst ratings over the past three months, with a decline in the average 12-month price target. Analysts have adjusted their ratings and price targets, reflecting concerns over MaxLinear's financial health, including a significant revenue decline and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:02 pm

SPY

The USA ISM Manufacturing Prices Index for September came in at 48.3, significantly lower than the estimated 53.5 and the previous month's 54.0. This indicates a decrease in manufacturing prices, which could impact market sentiment.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 2:01 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) has significantly outperformed the market over the past 15 years, with an annualized return of 30.08%. A $1000 investment in SMCI 15 years ago would be worth $52,769.33 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 2:00 pm