Streetbeat News

Earnings

AXP

PG

SLB

TSM

The Dow Jones reached a new record high, driven by strong economic data and a significant rise in TSMC shares. The Fear & Greed Index remains in the 'Greed' zone, indicating positive market sentiment. Investors are anticipating earnings from American Express, Procter & Gamble, and Schlumberger.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 7:54 am

AXP

ISRG

NFLX

PG

SLB

U.S. stock futures are mixed, with key companies like American Express, Netflix, Procter & Gamble, Intuitive Surgical, and Schlumberger in focus. American Express and Procter & Gamble are set to release earnings, while Netflix and Intuitive Surgical have reported strong results.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 7:38 am

GOOG

GOOGL

NFLX

Netflix's Co-CEO Ted Sarandos addressed concerns about YouTube's growing TV consumption share, emphasizing Netflix's focus on premium content and storytelling. Netflix reported a 15% revenue increase in Q3 and is expanding into live sports programming.

Portfolio Pulse from Ananya Gairola

October 18, 2024 | 5:54 am

VLVLY

Volvo reported a significant decrease in its Q3 earnings and sales compared to the same period last year. The earnings per share dropped by 26.18% to $0.47, and sales decreased by 8.38% to $11.22 billion.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:41 am

NVDA

TSM

Bitcoin and Ethereum remained stable while Dogecoin surged, driven by Elon Musk's comments. Nvidia's stock rose due to strong TSM revenue. Analysts predict Bitcoin may reach a new peak amid US elections and potential Fed rate cuts.

Portfolio Pulse from Aniket Verma

October 18, 2024 | 3:18 am

AXP

MRNA

NFLX

TSLA

TSM

Netflix, TSMC, American Express, Moderna, and Tesla are in focus due to recent financial and operational updates. Netflix reported strong Q3 results but saw a stock decline. TSMC's shares surged on impressive revenue growth. American Express is set to report earnings soon. Moderna faces a patent lawsuit, and Tesla has made executive promotions.

Portfolio Pulse from Benzinga Neuro

October 18, 2024 | 2:31 am

WAL

Western Alliance (NYSE:WAL) reported Q3 earnings per share of $1.80, missing the consensus estimate of $1.89, and marking an 8.63% decrease from last year. However, sales of $823.10M beat the estimate of $808.19M, showing a 14.93% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 9:43 pm

CMTL

Comtech has delayed its annual report filing and anticipates lower-than-expected performance in Q4, especially in its S&S segment. To address financial challenges, Comtech secured a $25 million subordinated unsecured term loan with existing convertible preferred stockholders.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 9:38 pm

WAL

Western Alliance Bancorporation (NYSE:WAL) shares fell after reporting Q3 earnings of $1.80 per share, missing the $1.89 estimate, despite revenue beating expectations at $823.1 million. Net interest income rose, but net interest margin decreased. Shares dropped 5.24% after-hours.

Portfolio Pulse from Erica Kollmann

October 17, 2024 | 9:14 pm

WAFD

WaFd reported Q4 2024 earnings per share of $0.71, slightly beating the consensus estimate of $0.70. Sales were $188.69 million, surpassing the expected $177.52 million. Despite the earnings beat, EPS decreased by 1.39% compared to last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 9:11 pm