Streetbeat News

Revenues

TSLA

Elon Musk emphasizes the potential of solar energy, suggesting that a small area in Texas or New Mexico could power the entire US. He highlights the efficiency of solar-powered systems like Starlink and Tesla's energy storage solutions, such as the Powerwall 3.

Portfolio Pulse from Benzinga Neuro

September 27, 2024 | 3:50 am

COST

Costco is preparing for potential U.S. port strikes by pre-shipping holiday goods and considering alternative ports. The strikes could disrupt over half of U.S. ocean trade, affecting supply chains and consumer prices. Costco's proactive measures aim to mitigate these impacts.

Portfolio Pulse from Kaustubh Bagalkote

September 27, 2024 | 3:46 am

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrencies surged, with Bitcoin surpassing $65,000 for the first time since August, driven by strong ETF inflows and supportive economic data. Ethereum and Dogecoin also saw significant gains. The market sentiment shifted to 'Greed', indicating potential buying pressure.

Portfolio Pulse from Aniket Verma

September 27, 2024 | 2:30 am

ASTL

Algoma Steel anticipates Q2 steel shipments between 510,000 to 520,000 tons, with operations meeting expectations despite challenging market conditions.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:32 pm

BB

BlackBerry reported better-than-expected Q2 earnings with revenue of $145 million, driven by growth in IoT and Cybersecurity. The company achieved breakeven adjusted EPS and reduced operating expenses by 24%. BlackBerry expects continued growth in Q3.

Portfolio Pulse from Adam Eckert

September 26, 2024 | 9:32 pm

ABBV

AbbVie (NYSE:ABBV) has outperformed the market over the past 10 years with an average annual return of 12.86%, surpassing the market by 1.46% annually. A $1000 investment in AbbVie 10 years ago would now be worth $3,322.37.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 9:30 pm

FICO

Fair Isaac (NYSE:FICO) has significantly outperformed the market over the past decade, with an annualized return of 42.65%. A $100 investment in FICO 10 years ago would now be worth $3,491.49. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 9:30 pm

LGCL

Lucas GC Limited reported a decrease in revenue for the first half of the year, with figures dropping to $83.32 million compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:19 pm

DASH

PYFRF

Payfare announced that its core services agreement with DoorDash for the DasherDirect Card Program will not be renewed beyond early 2025. Payfare is financially stable with over $100 million in cash and investments to support new strategies.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:04 pm

JWN

Analysts have varied ratings for Nordstrom (NYSE:JWN), with most being indifferent or somewhat bearish. Recent price targets have increased, indicating a positive shift in sentiment. Nordstrom shows strong financial performance with notable revenue growth and profitability, but has a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 9:00 pm