Streetbeat News

Revenues

APPN

Appian announced that three of its partners have been awarded a multiple-award contract through the Department of Defense Enterprise Software Initiative, valued at approximately $145.9 million.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:05 pm

GS

IAI

KBWB

Goldman Sachs shares are trading lower premarket due to expected 10% drop in trading revenue for Q3. CEO David Solomon remains optimistic about investment banking and private equity deals. The bank is narrowing its consumer business focus, impacting revenues by $400 million pre-tax.

Portfolio Pulse from Lekha Gupta

September 10, 2024 | 1:03 pm

EJH

E-Home Household Services Holdings Limited has signed cleaning service contracts with multiple companies, with a total value exceeding RMB 5 million.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:02 pm

TTEK

Tetra Tech has secured a $39 million contract from USAID to enhance gender equality in the water, power, and transportation sectors. This contract is part of USAID's efforts to promote gender equality in infrastructure development.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:01 pm

MKSI

MKS Instruments (NASDAQ:MKSI) has received mixed analyst ratings over the past three months, with a slight decrease in the average 12-month price target. Analysts have provided a range of price targets from $120 to $160, reflecting varied expectations. The company faces challenges with declining revenue, low net margins, and high debt levels.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 1:01 pm

ALV

Over the past three months, 12 analysts have evaluated Autoliv (NYSE:ALV), with ratings ranging from bullish to bearish. The average 12-month price target is $121.83, down from $131.11. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Autoliv faces revenue challenges and has a net margin below industry averages, but it has a strong ROE and ROA, and a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 1:00 pm

ZIM

Analysts have mixed views on ZIM Integrated Shipping, with recent ratings showing a shift towards bearish sentiment. The average 12-month price target is $17.24, slightly up from $17.18. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. ZIM's financial metrics show strong revenue growth and ROE, but challenges in net margin and debt management.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 1:00 pm

SPY

The USA Redbook year-over-year growth rate increased to 6.5% from the previous 6.3%, indicating a slight improvement in retail sales performance.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:55 pm

GM

GOOG

GOOGL

TSLA

S&P Global Mobility projects US autonomous vehicle sales to reach 230,000 by 2034, with advancements from Alphabet's Waymo and GM's Cruise. Despite investment challenges, Waymo and Cruise are making progress, while Tesla aims for autonomy with its FSD software.

Portfolio Pulse from Anan Ashraf

September 10, 2024 | 12:53 pm

AMZN

WMT

Amazon is expanding its Prime member benefits for grocery shoppers, offering significant discounts at Amazon Fresh stores. This move aims to capture market share from Walmart, the current leader in the U.S. grocery market. Amazon's new savings program includes up to 50% off on rotating grocery items and a 10% discount on private-label brands, including the new Amazon Saver line. Prime members can also earn 5% back with the Prime Visa.

Portfolio Pulse from Anusuya Lahiri

September 10, 2024 | 12:40 pm