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IBIT

Cryptocurrency markets are rallying ahead of the Trump-Biden U.S. Presidential election debate, with a Solana spot ETF application by VanEck as a key catalyst. Bitcoin, Ethereum, and Dogecoin are among the gainers. Notable developments include BlackRock's purchase of Bitcoin for its Global Allocation Fund and Coinbase suing the SEC and FDIC. Analysts caution about potential liquidations if Bitcoin drops to $60,700.

Portfolio Pulse from Khyathi Dalal

June 27, 2024 | 8:21 pm

PNST

Pinstripes Holdings (NYSE:PNST) reported a Q4 2024 GAAP EPS of $(0.18), beating the analyst consensus estimate of $(0.22) by 18.18%.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:20 pm

NKE

SKX

Skechers shares are trading lower in sympathy with Nike, which fell after reporting Q4 earnings.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:20 pm

CULP

Culp (NYSE:CULP) reported a Q4 2024 GAAP EPS of $(0.39), beating the analyst estimate of $(0.45). However, sales of $49.5M missed the $49.727M estimate and were down 19.42% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:19 pm

NKE

Nike reported its Q4 2024 adjusted earnings per share (EPS) of $1.01, surpassing the estimated $0.85.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:19 pm

AEMD

Aethlon Medical (NASDAQ:AEMD) reported a GAAP EPS of $(4.86) for FY 2024, beating the analyst consensus estimate of $(5.22) by 6.9%.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:17 pm

NKE

Nike shares are trading lower following Q4 earnings.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:17 pm

NKE

Nike's inventories have decreased by 11%, now totaling $7.5 billion. This reduction in inventory levels could indicate improved supply chain management and better alignment with consumer demand.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:16 pm

NKE

NIKE CFO Matthew Friend announced that the company is working on achieving a better balance across its portfolio. Despite some progress, challenges in the fourth quarter have led to an updated outlook for Fiscal '25.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:16 pm

NKE

Nike reported Q4 2024 earnings per share (EPS) of $0.99, beating the analyst estimate of $0.84. However, sales of $12.6 billion missed the $12.907 billion estimate and were down 1.75% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:15 pm