Streetbeat News

Revenues

FXI

China's Consumer Price Index (CPI) for August increased by 0.6% year-over-year, slightly below the estimated 0.7% but above the prior 0.5%. This data may impact the performance of the iShares China Large-Cap ETF (FXI), which is sensitive to economic indicators from China.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 5:28 am

BBJP

DXJ

EWJ

Japan's GDP Price Index for Q2 was reported at 3.1% year-over-year, slightly above the estimated 3.0% but below the prior 3.4%. This data may influence ETFs focused on Japanese markets.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 5:27 am

BBJP

DXJ

EWJ

Japan's GDP growth for Q2 was reported at 2.9% year-over-year, slightly below the estimated 3.1%, but an improvement from the revised prior figure of -2.4%.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 5:27 am

BBJP

DXJ

EWJ

Japan's GDP for Q2 grew by 0.7%, slightly below the estimated 0.8%, but an improvement from the revised prior figure of -0.6%.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 5:26 am

BBJP

DXJ

EWJ

Japan's current account balance for July showed a significant surplus of 3.193 trillion yen, compared to a revised 1.534 trillion yen in the previous period. This indicates a strong economic performance for Japan.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 5:26 am

BBJP

DXJ

EWJ

Japan's adjusted current account for July was reported at 2.80 trillion yen, surpassing the estimated 1.93 trillion yen and the prior 1.78 trillion yen. This indicates a stronger than expected economic performance for Japan.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 5:26 am

DIS

T

DirecTV has filed a complaint with the FCC against Disney, accusing them of 'bad faith' negotiations over a carriage agreement. This dispute has led to a blackout of Disney channels on DirecTV, affecting 11.3 million subscribers. The blackout impacts access to major events like college football and the U.S. Open.

Portfolio Pulse from Ananya Gairola

September 09, 2024 | 1:52 am

AMZN

GOOGL

MSFT

NVDA

Nvidia's stock fell 14% last week due to macro concerns, but portfolio manager Dan Niles remains optimistic, predicting Nvidia's revenue and stock could double in the coming years. Despite increased AI spending by major tech companies, revenue forecasts are declining. Niles suggests diversifying investments into consumer staples, utilities, and telecom services as potential rate cuts loom.

Portfolio Pulse from Shanthi Rexaline

September 08, 2024 | 3:34 pm

TSLA

Elon Musk's xAI is in discussions with Tesla to form a deal where xAI would receive some Tesla revenue in exchange for providing Tesla with access to its technology and resources.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2024 | 11:52 am

VEXTF

Vext Science Inc. (OTC:VEXTF) is poised to benefit from Ohio's burgeoning recreational cannabis market, despite facing challenges in Arizona. Ohio's market launch has led to a significant sales increase, positioning Vext as a strong contender among multi-state operators. However, Vext's overall sales declined due to issues in Arizona. Analyst Pablo Zuanic projects a potential fivefold increase in Vext's valuation by late 2025.

Portfolio Pulse from Nicolás Jose Rodriguez

September 07, 2024 | 8:21 pm