Streetbeat News

Stock Prices

SIG

Signet Jewelers projects its FY25 same-store sales to range between a decrease of 4.5% and an increase of 0.5%.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:57 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) is considering a stock split as its shares have surged, largely due to the AI revolution, making the stock price less accessible to average retail investors. CEO Jensen Huang, in an interview with CNBC's Jim Cramer, stated that while they are considering a stock split, no immediate announcement will be made. Nvidia's market capitalization stands at $2.235 trillion, making it the third most valuable company globally. The stock has seen over an 80% increase year-to-date, with a current price hovering around the $890 range. Nvidia has a history of stock splits, having done so five times in the past 25 years.

Portfolio Pulse from Shanthi Rexaline

March 20, 2024 | 10:57 am

SIG

Signet Jewelers forecasts Q1 revenue to be between $1.47B and $1.53B, which is at the lower end of the $1.53B estimate. The company also expects same store sales to decrease by 11% to 7%.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:54 am

SIG

Signet Jewelers (NYSE:SIG) reported Q4 adjusted EPS of $6.73, surpassing the $6.35 estimate, marking a 21.92% year-over-year increase. However, its sales of $2.50B fell short of the $2.54B estimate, a 6.34% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:51 am

JILL

J.Jill anticipates its Q1 net sales to increase in the low to mid-single-digit percentage range, indicating a positive outlook for the company's financial performance in the near term.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:50 am

NVDA

Sam Altman, CEO of OpenAI, predicts computing power, not fiat or Bitcoin, will be the future's currency, emphasizing the need for significant investments in computing capabilities. Nvidia's CEO, Jensen Huang, aligns with this view, highlighting a $100 trillion AI opportunity and Nvidia's stock rising over 85% this year. Altman suggests nuclear fusion as a solution to energy challenges in computing, praising Helion Energy's work.

Portfolio Pulse from Rounak Jain

March 20, 2024 | 10:47 am

JILL

J.Jill reported a significant increase in Q4 adjusted EPS to $0.23 from $0.11 YoY, with sales reaching $149.45M, surpassing the $147.40M estimate. This represents a 1.22% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:46 am

PDD

PDD Holdings reported Q4 adjusted earnings per ADS of $2.40, surpassing the $1.60 estimate, a 98.35% increase from last year. Sales reached $12.52B, beating the $11.01B estimate, marking a 116.84% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:32 am

BNTX

BioNTech's stock is trading lower following the announcement of disappointing Q4 FY23 earnings and less optimistic guidance for FY2024.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:24 am

BNTX

BioNTech (NASDAQ:BNTX) reported Q4 GAAP EPS of $2.04, missing the $2.64 estimate, and sales of $1.59B, below the $1.99B estimate. This represents a significant decrease from the previous year, with earnings down 78.36% and sales down 63.54%.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:16 am