Streetbeat News

Revenues

INHD

Inno Holdings Inc. (NASDAQ: INHD) is expanding into electronic product trading and digital transformation initiatives, alongside its existing building technology business. The company aims to enhance its services and technologies while expanding its sales and distribution network across Asia.

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December 13, 2024 | 3:15 pm

NVDA

Nvidia (NASDAQ:NVDA) might be facing challenges due to a potential downturn in the cryptocurrency market, which could significantly impact its financial performance.

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December 13, 2024 | 3:00 pm

RICK

RCI Hospitality Holdings is set to report its Q4 fiscal 2024 earnings, with expectations that the top line may be negatively impacted by the poor performance of its Bombshells restaurants.

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December 13, 2024 | 3:00 pm

NVDA

Nvidia Corporation's stock is under scrutiny despite strong financial performance. Concerns include potential overinvestment in AI data centers, market saturation, and revenue concentration from three major customers. AI hardware spending may stabilize by 2025, and current valuation may already reflect future growth.

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December 13, 2024 | 3:00 pm

NWVCF

EnWave Corp reported a significant increase in Q4 revenue for fiscal 2024, driven by higher royalties and the resale of a large-scale machine. The company's revenue rose to C$3.63 million, marking an increase of C$2.18 million from the previous year.

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December 13, 2024 | 3:00 pm

COST

Costco's Q1 earnings exceeded expectations with a 7.5% increase in sales and a 5.2% rise in comparable sales year-over-year. Memberships grew to 77.4 million with a high renewal rate of 90.4%, indicating strong customer loyalty.

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December 13, 2024 | 2:45 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

TSLA

The 'Magnificent 7' companies, including Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta Platforms, and Tesla, have surpassed a combined valuation of $18 trillion. They are expected to continue dominating Wall Street in 2025.

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December 13, 2024 | 2:45 pm

INTC

Intel's stock has dropped over 50% in 2024 due to weak revenue growth, product delays, and competition. However, 2025 looks promising with new product launches and collaborations that could boost recovery.

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December 13, 2024 | 2:45 pm

GMGI

Golden Matrix Group, Inc. (NASDAQ: GMGI) has seen significant contributions from its sweepstakes business segments, RKings Competitions and Classics for a Cause, enhancing the success of its brand Meridianbet.

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December 13, 2024 | 2:30 pm

COST

Costco's stock has surged, but technical indicators suggest a potential pullback. Despite strong revenue and membership growth, its valuation is excessively high, resembling a high-growth tech company. The stock trades at unprecedented multiples, indicating overvaluation.

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December 13, 2024 | 2:30 pm