Streetbeat News

Revenues

AMZN

Amazon is venturing into the healthcare sector, marking a strategic shift that could disrupt the industry and impact its financial trajectory.

Portfolio Pulse from

December 10, 2024 | 3:45 pm

GES

Guess? Inc. (GES) has seen its stock decline by 17% over the past three months, primarily due to a challenging consumer environment and increased freight costs impacting its financial performance.

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December 10, 2024 | 3:45 pm

MQ

Levi & Korsinsky has initiated an investigation into Marqeta, Inc. for potential violations of federal securities laws after the company reduced its revenue growth forecast for Q4 2024.

Portfolio Pulse from

December 10, 2024 | 3:45 pm

EVER

EverQuote (EVER) has seen a 51.2% increase in its stock price year-to-date, driven by higher quote request volumes and strong performance in its automotive and other insurance marketplace verticals. The company also benefits from favorable growth estimates.

Portfolio Pulse from

December 10, 2024 | 3:45 pm

EBAY

LULU

The article suggests that eBay (NASDAQ: EBAY) is a better investment choice compared to Lululemon, despite both companies having a similar revenue base of around $10 billion. Both companies are part of the consumer cyclical sector.

Portfolio Pulse from

December 10, 2024 | 3:30 pm

MDB

MongoDB's Q3 results show strong performance with a 22% year-over-year revenue growth, driven by its Atlas cloud database. The company is back in 'Rule of 40' territory, leading to an upgrade to a neutral rating. However, concerns remain about lower new-customer acquisition trends and a high valuation.

Portfolio Pulse from

December 10, 2024 | 3:30 pm

AAWH

The US cannabis industry is poised for significant growth, with expectations to surpass $40 billion by 2030. Investors should consider marijuana stocks, but remain cautious due to market volatility. Monitoring regulatory changes and earnings reports is crucial for informed decisions.

Portfolio Pulse from

December 10, 2024 | 3:15 pm

ARBTF

Argo Gold Inc. reported its October 2024 oil production, totaling 3,651 barrels, averaging 118 barrels per day.

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December 10, 2024 | 2:45 pm

CHH

DIS

HBI

MAT

SNA

Consumer sentiment has reached a seven-month high, making it an opportune time to invest in discretionary stocks such as Disney (DIS), Choice Hotels (CHH), Snap-on (SNA), Hanesbrands (HBI), and Mattel (MAT).

Portfolio Pulse from

December 10, 2024 | 2:45 pm

C

Citigroup anticipates a 25% to 30% increase in investment banking fees in Q4 compared to the previous year, with market revenue expected to grow in the 'high teens' percentage, according to CFO Mark Mason.

Portfolio Pulse from

December 10, 2024 | 2:45 pm