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Revenues

HIHO

Highway Holdings has secured an initial order for 100,000 units of a brushless electric motor, indicating potential growth in their manufacturing operations.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:41 am

ARBK

Argo Blockchain reported a decrease in Bitcoin mining revenue for August 2024, with revenue dropping to $2.3 million from $3 million in July. The company mined 38 BTC in August, down from 1.5 BTC per day in July, due to economic curtailments and lower hash prices.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:19 am

EWG

Germany's factory orders for July increased by 2.9%, surpassing the estimated decline of 1.6% and following a revised 4.6% increase in the previous month. This positive data may impact ETFs like EWG, which track German economic performance.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:09 am

ELF

e.l.f. Beauty is expanding its global presence with significant launches in Germany and Mexico, marking its largest international retail launch to date. The company is entering the German market with ROSSMANN and expanding into Sephora in Mexico, while also growing in existing markets. Non-U.S. markets currently account for 16% of e.l.f. Beauty's total net sales.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:58 am

F

GM

STLA

Jeep has temporarily halted production of its Wrangler and Grand Cherokee models due to high inventory levels and sluggish sales. Stellantis, Jeep's parent company, confirmed the production adjustments at its Detroit and Toledo plants. The company faces high inventory levels, declining sales, and dealer complaints, leading to a 21% drop in sales during the first half of the year. Stellantis is considering trimming production and reducing prices to clear excess inventory.

Portfolio Pulse from Benzinga Neuro

September 05, 2024 | 5:51 am

EWA

Australia's trade balance for July was reported at 6.009 billion AUD, surpassing the estimated 5.050 billion AUD and the revised prior figure of 5.425 billion AUD.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 4:20 am

ETH

MATIC

USDC

WBD

The sequel 'Beetlejuice Beetlejuice' is expected to have a strong opening weekend, potentially breaking September box office records. Warner Bros. Discovery (NASDAQ:WBD) could benefit from this success, as the film is predicted to gross over $105 million domestically. Polymarket allows users to bet on the film's box office performance using cryptocurrencies like USDC, MATIC, and ETH.

Portfolio Pulse from Chris Katje

September 04, 2024 | 11:23 pm

ROST

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 15 years with an average annual return of 13.22%. A $100 investment 15 years ago would be worth $638.85 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 9:30 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has significantly outperformed the market over the past decade, with an average annual return of 20.71%. A $100 investment in TMUS 10 years ago would now be worth $645.66, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 9:30 pm

YQ

17 Education & Technology reported a decrease in Q2 adjusted earnings per ADS to $(0.76) from $(0.40) year-over-year, with sales also declining to $9.29 million from $9.55 million.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 9:15 pm