Streetbeat News

Stock Prices

AAPL

Apple Inc. (NASDAQ:AAPL) is rumored to be working on a thinner version of the iPhone 17, called the 'Air,' expected to launch in 2025. This model could potentially drive significant growth for the company. Gene Munster and other analysts are optimistic about the impact of this design change on iPhone sales. However, Apple's previous attempts to change the iPhone's size did not yield significant results. The iPhone 16, set to launch next month, will focus on Apple Intelligence features rather than a radical redesign.

Portfolio Pulse from Benzinga Neuro

August 13, 2024 | 10:13 am

HYZN

Hyzon Motors anticipates reaching the start of production (SOP) for its single stack 200kW fuel cell system and 200kW Class 8 fuel cell truck platform in the second half of the year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:12 am

HD

Home Depot shares are trading lower after the company reported a Q2 revenue miss and issued a FY24 Adjusted EPS outlook below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:11 am

HYZN

Hyzon Motors (NASDAQ:HYZN) reported Q2 2024 GAAP EPS of $(0.21), missing the $(0.15) estimate by 40%. Sales were $313K, missing the $1M estimate by 68.7%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:10 am

HD

Home Depot has revised its FY24 adjusted EPS outlook to $14.66-$14.96, below the $15.14 estimate. The company expects a 53-week diluted EPS decline of 2%-4%, with the 53rd week contributing approximately $0.30 to diluted EPS compared to fiscal 2023.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:08 am

HBM

Hudbay Minerals has revised its 2024 annual consolidated cash cost guidance range to $0.90-$1.10 per pound from the previous range of $1.05-$1.25.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:07 am

HUYA

HUYA's board has extended its $43.3 million share buyback program through March 2025. The company had previously repurchased 17.1 million ADSs for $56.7 million under the program.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:07 am

FENC

Fennec Pharmaceuticals reported a Q2 2024 GAAP EPS of $(0.20), missing the estimate of $(0.03). Sales were $7.262 million, falling short of the $11.049 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:06 am

HUYA

HUYA's board has declared a special cash dividend of $1.08 per ADS, totaling approximately $250 million, to be paid on October 25, 2024. The dividend will be funded by surplus cash on the company's balance sheet.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:05 am

HD

Home Depot has raised its FY24 sales guidance to $156.49B-$158.01B, up from $154.20B, but still below the $158.88B estimate. The company expects total sales to increase by 2.5%-3.5%, with a 53rd week adding $2.3B. Comparable sales are projected to decline by 3%-4%. The guidance includes 12 new stores, a gross margin of 33.5%, and an operating margin rate of 13.5%-13.6%. The 53rd week is expected to contribute $0.30 to diluted EPS, which is projected to decline by 2%-4%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:05 am