Streetbeat News

Earnings

PSO

Pearson reported its H1 2024 adjusted EPS at 25.6p, remaining flat year-over-year. However, revenue decreased to £1.754 billion from £1.879 billion year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 6:44 am

RDY

Dr Reddy's Laboratories (NYSE:RDY) reported Q1 2025 earnings per share (EPS) of ₹83.46, beating the analyst estimate of ₹76.83. Sales were ₹76.727 billion, surpassing the estimate of ₹72.830 billion. Despite a slight decrease in EPS from last year, sales increased by 13.87%.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 5:22 am

PHG

Koninklijke Philips has reiterated its 2024 outlook, expecting 3-5% comparable sales growth, an Adjusted EBITA margin of 11-11.5%, and free cash flow of EUR 0.9-1.1 billion. The outlook excludes potential impacts from ongoing legal proceedings related to Philips Respironics.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 5:11 am

PHG

Koninklijke Philips reported a 9% growth in comparable order intake for Q2 and a 3% growth for the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 5:06 am

PHG

Koninklijke Philips (NYSE:PHG) reported Q2 2024 earnings of €0.30 per share, beating the €0.25 estimate by 20%. Sales were €4.462 billion, slightly above the €4.430 billion estimate but down 8.38% from last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 5:03 am

AAPL

AMZN

GOOGL

META

MSFT

TSLA

UBER

Jim Cramer highlights the upcoming earnings reports from major tech companies like Microsoft, Meta, Apple, and Amazon as a critical test for the 'great rotation' theory, which suggests a shift from large-cap tech stocks to small-cap stocks. Recent earnings from Alphabet and Tesla were disappointing despite exceeding expectations, indicating potential market unpredictability.

Portfolio Pulse from Benzinga Neuro

July 29, 2024 | 4:46 am

TSLA

Tesla Inc. (NASDAQ:TSLA) aims to produce 2.77 million vehicles by 2025, a 50% increase from 2023, including new affordable models. Analyst Gary Black suggests the market underestimates Tesla's expansion into the $30,000 segment. Tesla's current capacity is 2.35 million units, with a potential maximum of 3 million. Despite recent earnings scrutiny, Tesla's resilience is noted.

Portfolio Pulse from Benzinga Neuro

July 29, 2024 | 3:36 am

AAPL

MSFT

Leading cryptocurrencies like Bitcoin and Ethereum held their gains as Donald Trump made pro-crypto promises. Bitcoin nearly touched $69,000, and Ethereum retraced to $3,270. Futures Open Interest for both increased, signaling a potential upside breakout. Stock market futures also edged higher, with Microsoft and Apple set to report earnings. The Federal Reserve will hold an FOMC meeting this week.

Portfolio Pulse from Aniket Verma

July 29, 2024 | 2:30 am

AAPL

CRWD

META

NVDA

RBLX

TXN

WBD

The past week in consumer tech saw significant developments including a global tech outage caused by a flawed update from CrowdStrike Holdings Inc. (CRWD), leading to widespread criticism. Roblox Corporation (RBLX) reported a sharp increase in child exploitation incidents. Apple Inc. (AAPL) and Texas Instruments (TXN) both reported earnings that beat analyst estimates. Nvidia Corp. (NVDA) is developing a new AI chip for the Chinese market and has approved the use of Samsung's HBM3 chips. Meta Platforms Inc. (META) faces scrutiny from the EU over its 'pay or consent' model. Warner Bros. Discovery, Inc. (WBD) announced the acquisition of Player First Games.

Portfolio Pulse from Lekha Gupta

July 28, 2024 | 7:39 pm

DELL

EW

F

LKQ

MBLY

SMCI

STLA

STM

TER

UPS

VRT

WST

The article highlights the top 12 large-cap stock losers from July 21 to July 27, including Ford, Stellantis, and Dell. Key reasons for the declines include earnings misses, lowered guidance, and broader market selloffs.

Portfolio Pulse from Lekha Gupta

July 28, 2024 | 5:58 pm