Streetbeat News

Revenues

FDS

FactSet Research Systems reported better-than-expected Q4 2024 results with adjusted EPS of $3.74, surpassing the estimate of $3.62, and sales of $562.187 million, exceeding the expected $546.813 million.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:57 am

LODE

Comstock has announced progress in its SBCC transactions, additional convertible debt financing of $3.5M, and new revenue contracts for its solar panel recycling business. The company also revealed an international equity partnership and a term sheet for $325M in funding.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:02 am

AMD

NVDA

AMD CEO Lisa Su emphasizes the need for diverse computing solutions in the AI chip race against Nvidia. AMD is shifting focus from gaming GPUs to AI, projecting significant sales growth. The AI market competition is intensifying, with both companies aiming for larger market shares.

Portfolio Pulse from Benzinga Neuro

September 19, 2024 | 9:19 am

F

TM

TSLA

VWAGY

Tesla's vehicle registrations in the EU dropped by 15% in the first eight months of 2024, reflecting a slowdown in EV demand. In contrast, Volkswagen, Volvo, and Toyota saw increases in registrations. The ACEA has called for urgent relief measures due to upcoming CO2 targets.

Portfolio Pulse from Anan Ashraf

September 19, 2024 | 8:05 am

MGLD

Marygold Companies reported a Q4 EPS loss of $(0.05), a significant decrease from $0.03 YoY, with sales dropping to $8.30M from $8.90M YoY.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:30 am

AAPL

TMUS

T-Mobile CEO Mike Sievert reports strong initial sales for Apple's iPhone 16, with higher-end models like the Pro and Max selling well, despite earlier concerns about demand. This contradicts analyst Ming-Chi Kuo's report of lower pre-orders.

Portfolio Pulse from Rounak Jain

September 19, 2024 | 7:23 am

SRAD

Sportradar (NASDAQ:SRAD) is launching AI-powered micro markets for ATP tennis, creating 1,500 new betting opportunities per match. This strategic move, in collaboration with Tennis Data Innovations, aims to enhance in-play betting with more granular options.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:08 am

BELFA

Bel Fuse is acquiring an 80% stake in Enercon Technologies for $320 million, significantly increasing its aerospace and defense market exposure. The acquisition is expected to enhance Bel's earnings and margins, with a positive impact on its financial leverage.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 6:59 am

EWA

Australia's full employment change for August showed a decrease of 3.1K, a significant drop from the revised prior figure of 64.7K. This data could impact the iShares MSCI Australia ETF (EWA), which tracks the performance of the Australian equity market.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:16 am

EWA

Australia's employment change for August was reported at 47.5K, surpassing the estimated 26.4K and slightly below the revised prior figure of 48.9K. This positive employment data could impact the iShares MSCI Australia ETF (EWA), which tracks Australian equities.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:16 am