Streetbeat News

Revenues

EWU

The U.K. Average Earnings Index, including bonuses, for July was reported at 4.0%, slightly below the estimated 4.1% and down from the revised prior figure of 4.6%.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:05 am

AAPL

Apple is in talks with Micron and Tata Group to secure India-made chips for iPhones, aiming to shift 26% of global production to India by 2026. Apple's semiconductor demand is projected to reach $12 billion by then, with significant spending on Indian-made chips.

Portfolio Pulse from Ananthu C U

September 10, 2024 | 5:55 am

FXI

China's trade balance for August was reported at $91.02 billion, surpassing the estimated $81.40 billion and the previous $84.65 billion. This indicates a stronger than expected trade performance for China.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:45 am

FXI

China's imports for August grew by 0.5% year-over-year, falling short of the estimated 2.0% and significantly lower than the previous month's 7.2% growth. This slowdown in import growth could indicate weakening demand within China, potentially impacting global markets and companies with significant exposure to the Chinese economy.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:44 am

FXI

China's exports for August increased by 8.7% year-over-year, surpassing the estimated 6.5% and the previous month's 7.0%. This indicates a stronger-than-expected performance in China's export sector.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:44 am

CRON

DB

OGI

TLRY

VFF

The Canadian cannabis market is experiencing a shift in consumer preferences, with pre-rolls and vapes gaining popularity over traditional flower products. The market is projected to reach C$5.47 billion in 2024. Key players like Village Farms, Cronos, and Organigram are seeing growth, while Tilray and Decibel face declines.

Portfolio Pulse from Nicolás Jose Rodriguez

September 09, 2024 | 11:06 pm

NVDA

NVIDIA's stock surge in 2024 has significantly increased CEO Jensen Huang's wealth, making him one of the fastest risers among the world's richest. Despite recent declines post-earnings, NVIDIA remains a key player in AI, with its stock up 119% year-to-date.

Portfolio Pulse from Chris Katje

September 09, 2024 | 10:02 pm

EZGO

EZGO Technologies reported a significant increase in its H1 revenues, reaching $8.6 million compared to $5.16 million last year. This growth indicates a positive trend in the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 9:34 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has significantly outperformed the market over the past decade, with an annualized return of 26.5%. A $1000 investment in PANW 10 years ago would now be worth $10,589.41. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 9:30 pm

RSG

Republic Services (NYSE:RSG) has significantly outperformed the market over the past 15 years, with an average annual return of 14.56%. A $1000 investment in RSG 15 years ago would be worth $7,692.02 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 9:30 pm