Streetbeat News

Revenues

SPY

The US housing starts for September were reported at 1.354 million, slightly above the estimated 1.35 million. This indicates a marginally stronger housing market than anticipated.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:30 pm

SPY

The USA housing starts for September were reported at 1.354 million, slightly above the estimated 1.350 million but below the prior month's 1.361 million.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:30 pm

FSTA

IYK

PG

Procter & Gamble (PG) reported mixed Q1 results with EPS beating estimates but sales slightly missing expectations. Organic sales grew by 2%, driven by higher pricing and volume. The company reaffirmed its FY25 guidance and continues to focus on its growth strategy. PG shares are trading lower, down 0.81% premarket.

Portfolio Pulse from Lekha Gupta

October 18, 2024 | 12:24 pm

KVYO

Analysts have provided a range of ratings for Klaviyo (NYSE:KVYO) over the past three months, with a majority being somewhat bullish. The average 12-month price target has increased by 14.85% to $37.9. Klaviyo has shown strong revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 12:02 pm

SFNC

Simmons First National (NASDAQ:SFNC) reported Q3 2024 earnings per share of $0.37, surpassing the analyst estimate of $0.33. However, their sales of $174.8 million fell short of the expected $204.958 million, marking a 10.91% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:01 pm

MSFT

Analyst reviews for Microsoft (NASDAQ:MSFT) show a mix of bullish and bearish perspectives, with recent ratings indicating a slight decrease in average price targets. Analysts have provided a range of price targets, reflecting varied expectations for Microsoft's future performance. The company's financials reveal strong revenue growth and profitability, but challenges in return on equity.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 12:01 pm

GLBE

Global E Online (NASDAQ:GLBE) has been analyzed by 5 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target is $43.0, with a high of $48.00 and a low of $38.00, reflecting a 3.15% decline from the previous average. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Despite a strong revenue growth rate of 26.03%, Global E Online faces challenges with a negative net margin, ROE, and ROA, indicating potential profitability and efficiency issues.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 12:00 pm

GOOG

GOOGL

META

Perplexity AI, backed by Jeff Bezos, is challenging the dominance of Google and Meta in the search and advertising industry with its new 'internal knowledge' search feature. This feature aims to enhance user experience by integrating external and internal data, appealing to advertisers seeking deeper engagement.

Portfolio Pulse from Ananya Gairola

October 18, 2024 | 11:35 am

AEHL

Antelope Enterprise announced that the first phase of its energy supply project in Midland, Texas, has been sold out. The company plans to further develop the project to increase power generation output.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2024 | 11:33 am

AAPL

BABA

JD

PDD

QQQ

VOO

Apple's iPhone 16 sees a 20% sales surge in China, driven by demand for luxury smartphones, despite early price cuts due to lack of AI features. The sales boost is supported by China's stimulus plans and the holiday season. However, competition from domestic brands and postponed purchases for discounts pose challenges. Apple stock has gained 39% in the last six months.

Portfolio Pulse from Anusuya Lahiri

October 18, 2024 | 11:21 am