Streetbeat News

Stock Prices

DMTK

DermTech (NASDAQ:DMTK) reported Q4 2023 earnings with a smaller than expected loss per share of $(0.560) compared to the $(0.570) estimate but missed revenue estimates with $3.924M against the expected $4.044M. Year-over-year, sales increased by 31.06% from $2.994M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:02 pm

NTAP

NetApp reported Q3 2024 adjusted EPS of $1.940, surpassing the $1.690 estimate, with sales of $1.610B also beating the $1.591B estimate. This represents a 5.50% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:01 pm

MCD

Over the past 20 years, McDonald's (NYSE:MCD) has produced an average annual return of 12.25%, outperforming the market by 4.52% on an annualized basis. A $100 investment in MCD 20 years ago would be worth $998.06 today, showcasing the impact of compounded returns over time. McDonald's currently has a market capitalization of $212.43 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:00 pm

PFGC

Over the past 5 years, Performance Food Group (NYSE:PFGC) has outperformed the market with an annualized return of 15.04%, growing a $1000 investment to $2,001.82. The company currently has a market capitalization of $11.88 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:00 pm

AMD

AMD shares are trading higher, potentially due to increased momentum in the AI chip sector.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:00 pm

SPY

In a Yahoo Finance interview, Fed's Mester discussed the economic outlook, emphasizing the need for a slowdown in employment growth to ease policy. Mester stated that for inflation to return to a sustainable 2% path, more confidence is needed. She believes that three rate cuts this year are appropriate, expressing optimism about the current state of U.S. policy and the economy.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 8:59 pm

KODK

Kodak's stock price has seen an increase following news that the company is considering a pension reversion strategy. This move could potentially impact the company's financial health and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 8:52 pm

NFLX

Netflix Inc (NASDAQ:NFLX) has seen a resurgence, reclaiming its position in the streaming industry, partly due to its ad tier rollout, password crackdown, layoffs, and cost-cutting measures. Despite a hiring slowdown, Netflix offers competitive salaries ranging from $72,000 to $1 million, based on nearly 650 work-visa applications. Unlike other tech giants, Netflix doesn't provide performance bonuses but allows employees to choose their compensation mix between cash and stock. Netflix's stock fell 51% in 2022 but rose 65% last year and continues to perform well in 2024.

Portfolio Pulse from Adam Eckert

February 29, 2024 | 8:33 pm

ENPH

Enphase Energy's stock is trading higher following the disclosure by CEO Badri Kothandaraman of a purchase of 4,000 shares, as reported in a Form 4 filing.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 8:33 pm

HUBB

Hubbell (NYSE:HUBB) has significantly outperformed the market in the last 5 years, with an annualized return of 26.32%, turning a $100 investment into $324.52. The company's market capitalization stands at $19.89 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:30 pm