Streetbeat News

Revenues

ABBV

AbbVie has reduced its 2024 U.S. sales forecast for Humira by $400 million to $7.4 billion, reflecting a shift in volume to other products like Skyrizi and Rinvoq.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:38 pm

ABBV

AbbVie has updated its sales expectations for two of its key drugs, Skyrizi and Rinvoq. The company now anticipates global sales of $11.5 billion for Skyrizi and $5.8 billion for Rinvoq this year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:36 pm

CSCO

WYY

WidePoint's IT Authorities has secured over $1.7 million in contracts for Cisco and managed IT services, with $1.4 million awarded in Q3. Clients include various sectors such as beverage distribution and sports marketing.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:30 pm

BLNK

Blink Charging has secured a $2 million grant to provide electric vehicle chargers in Illinois, supporting sustainable infrastructure development in the state.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:28 pm

MULN

Mullen's Bollinger Motors has delivered its first B4 electric trucks to West Coast dealer TEC Equipment, with the delivery valued at $500,000. The revenue from this delivery will be recognized in the current fiscal quarter.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:26 pm

GOOG

GOOGL

NVDA

Jim Cramer highlights that Alphabet's increased AI investments next year could significantly benefit NVIDIA. Alphabet's Q3 earnings showed a 15% revenue rise, indicating strong performance and strategic tech investments. Google and NVIDIA's collaboration in AI technology is expected to intensify competition with Microsoft and OpenAI.

Portfolio Pulse from Benzinga Neuro

October 30, 2024 | 1:24 pm

ABBV

AbbVie is experiencing a shift in Humira molecule volume towards other novel mechanisms, which is benefiting the sales of Skyrizi and Rinvoq.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:21 pm

FE

FirstEnergy has reported that load requests for facilities of 500 MW or more have more than tripled compared to 2023, indicating a significant increase in demand for their services.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:20 pm

KHC

Kraft Heinz has announced that the recovery of its Lunchables brand will be slower than expected in 2024 due to issues with upstream suppliers.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:20 pm

DBX

Dropbox anticipates its Q3 financial results to be in-line with or above its guidance ranges for revenue, constant currency revenue, and non-GAAP operating margin.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:09 pm