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SITE

SiteOne Landscape Supply (NYSE:SITE) reported Q4 earnings with losses of $(0.08) per share, surpassing the $(0.19) estimate, and sales of $965.00M, exceeding the $942.2M estimate. This represents a 300% increase in losses from the previous year but an 8.43% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:04 am

AMD

NVDA

Nvidia Corp. (NVDA) faces potential concerns despite its significant rise in 2023, with UBS analyst Timothy Arcuri noting a decrease in lead times for Nvidia's chips, suggesting potential for increased shipments and revenue. However, short seller Jim Chanos and others view this as a negative sign, indicating possible waning demand. The situation is complicated by Nvidia's strong position in the AI market, competition, and reliance on key markets like Singapore. Nvidia's upcoming quarterly earnings report on Feb. 21 may provide further insights.

Portfolio Pulse from Shanthi Rexaline

February 14, 2024 | 11:03 am

GOLD

Barrick Gold (NYSE:GOLD) reported Q4 adjusted EPS of $0.27, surpassing the $0.21 estimate, marking a 107.69% increase from last year. However, its $3.06B sales fell short of the $3.15B estimate, despite being a 10.27% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:03 am

LPX

Louisiana-Pacific (NYSE:LPX) reported Q4 adjusted EPS of $0.71, surpassing the $0.55 estimate, and sales of $658M, exceeding the $619.97M estimate. This represents a 16.39% increase in EPS and a 6.67% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:01 am

OC

Owens-Corning (NYSE:OC) reported Q4 adjusted EPS of $3.21, surpassing the $2.86 estimate, and sales of $2.30B, exceeding the $2.25B estimate. This represents a 28.92% increase in EPS and a 0.83% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:01 am

BTCUSD

Mike Novogratz, CEO of Galaxy Digital, emphasized the U.S. national debt exceeding $34 trillion as a compelling reason to invest in Bitcoin (BTC), citing the country's daily interest payment of over $2 billion. He highlighted the reluctance of countries like Russia and China to lend to the U.S., affecting Treasury purchases. Additionally, MicroStrategy's recent acquisition of 16,130 BTC under CEO Michael Saylor was praised by Novogratz.

Portfolio Pulse from Mehab Qureshi

February 14, 2024 | 11:00 am

BRKR

JP Morgan analyst Tycho Peterson upgraded Bruker (NASDAQ:BRKR) from Neutral to Overweight and increased the price target from $60 to $90.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:59 am

AAPL

META

Apple Inc. announced that its Vision Pro mixed reality headset now features over 1,000 dedicated apps, just 12 days after launch, despite initial returns by early buyers due to various issues. The device, which also supports over 1.5 million compatible apps, is seen as a potential iPad successor. However, it faces stiff competition from Meta Platforms Inc.'s Quest 3 headset, which CEO Mark Zuckerberg claims offers better value and overall product quality.

Portfolio Pulse from Rounak Jain

February 14, 2024 | 10:37 am

SONY

Sony Group's shares are trading higher following the announcement of its Q3 financial results, which surpassed estimates. Additionally, the company has revealed plans to list its financial arm in October 2025.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:30 am

AAPL

The Apple Vision Pro, a $3,500 mixed-reality headset released on Feb. 2, has received mixed reviews. Some users are returning it due to its cumbersome design, disappointing vision quality, and lack of unique experiences. Despite these issues, others praise its advanced technology and potential for future improvements. The debate over its value is intensified by comparisons to Meta's Quest 3 by CEO Mark Zuckerberg and critiques from tech influencers.

Portfolio Pulse from Ananya Gairola

February 14, 2024 | 10:15 am