Newsfeeds Archive - Page 21 of 246

1 minute read

These 10 Large Cap Stocks Shined Brightest Last Week (May 5-May 11, 2024): Are They In Your Portfolio?

May 12, 1:33 PM

Toast, Teva, Vistra, Equinix, Applovin, IFF, Constellation, Emerson, IP, and STERIS were top performers last week. Are they in your portfolio?

APP

1 minute read

Last Week’s Worst-Performing Stocks: Are These 10 Large-Cap Stocks In Your Portfolio? (May 5-May 11, 2024)

By Lekha Gupta

May 12, 1:29 PM

EPAM, SHOP, RBLX, BLDR, PLTR, ALAB, SUZ, VIV, ABNB, DIS were worst performers last week. Analysts revised price targets for these stocks.

ABNB

1 minute read

Blink Charging Has Upside Potential Despite Slowed Bookings: Analyst

By Lekha Gupta

May 10, 1:51 PM

Needham analyst cuts BLNK price target to $6, maintains Buy rating. Company beats earnings and sales estimates, maintains revenue and EBITDA targets.

BLNK

1 minute read

CBAK Energy Misses On Revenue Mark, Battery Business Shines Brighter

By Lekha Gupta

May 10, 12:15 PM

CBAK Energy Technology, Inc. reported Q1 FY24 results, with revenue up 38.7%, gross margin up to 31.9%, and net income of $9.8 million. EPS of $0.11 beat consensus. Expecting strong growth for the year.

CBAT

1 minute read

Victoria’s Secret Surprises with Preliminary Q1 Results: CEO Bullish Amid Tough Retail Climate

By Lekha Gupta

May 10, 11:03 AM

Victoria's Secret reported strong first-quarter FY24 preliminary results with adjusted EPS of $0.07-$0.12, sales growth of (3%)-(4%), and reaffirmed FY24 revenue outlook of $6 billion.

VSCO

1 minute read

What’s Going On With Visa Shares Today

By Lekha Gupta

May 10, 10:14 AM

Visa partners with MoneyHash in the Middle East and Africa to enhance digital payments through its global reach and secure networks.

IYG

1 minute read

FTC Solar Battles Revenue Blues, Eyes Adjusted EBITDA Profitability In Q4

By Lekha Gupta

May 10, 9:48 AM

FTC Solar Q1 FY24 revenue below expectations at $12.59M, backlog at $1.8B. Q2 guidance at $10.5M-$15.5M. Company aims to improve profitability.

FTCI

2 minute read

Why Is Construction Materials Company CRH Stock Up Premarket Friday?

By Lekha Gupta

May 10, 9:03 AM

CRH shares rise on Q1 FY24 results, $0.4B share repurchase, $0.35 dividend, and positive outlook for 2024. Revenue up 2% to $6.5B.

CRH

1 minute read

NCR Voyix Q1 2024: Mixed Bag With Revenue Dip, Profit Beat

By Lekha Gupta

May 9, 1:26 PM

NCR Voyix Corp reports 6% decline in Q1 FY24 revenues to $862M, surpassing consensus. Software & Services revenue grows 2%. Outlook reiterated.

VYX

2 minute read

Checking In: Hilton Grand Vacations’ Q1 Performance Exceeds Estimates, Backs Outlook

By Lekha Gupta

May 9, 12:52 PM

Hilton Grand Vacations Inc (HGV) reported Q1 FY24 sales of $1.16B, up from $934M last year. Adjusted EBITDA rose to $273M and EPS beat estimates at $0.95.

HGV