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NVO

Novo Nordisk has updated its 2024 outlook, now expecting sales growth of 22%-28% and operating profit growth of 20%-28%. The revised guidance reflects higher expectations for both North America and International Operations, driven by volume growth in GLP-1-based treatments for Obesity and Diabetes care, despite continued pricing pressure.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:51 am

AAPL

Apple Inc. (NASDAQ:AAPL) is using prompt engineering to enhance its AI features in the latest macOS beta, aiming to improve accuracy and prevent hallucinations. Hidden AI prompts were discovered, revealing Apple's efforts to ensure user-friendly and appropriate content generation. The AI features are set to roll out in iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1 later this year.

Portfolio Pulse from Rounak Jain

August 07, 2024 | 6:31 am

BOX

Box has expanded the availability of Box AI in Japan, offering unlimited queries for Enterprise Plus customers. This move aims to enhance the company's presence in the Japanese market and provide advanced AI capabilities to its enterprise clients.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:22 am

EGY

VAALCO Energy expects its third quarter 2024 NRI sales to be between 21,700 and 24,000 BOEPD, reflecting the addition of the Côte d'Ivoire volume for an entire quarter.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:42 am

ETHUSD

SHIBUSD

Shiba Inu's lead developer, Shytoshi Kusama, expressed strong support for Ethereum co-founder Vitalik Buterin's confidence in resolving cross-Layer 2 interoperability issues quickly. Kusama's endorsement may indicate a positive outlook for both Ethereum and Shiba Inu, which is an ERC-20 token.

Portfolio Pulse from Aniket Verma

August 07, 2024 | 5:36 am

WIX

Wix.com has raised its 2024 outlook, now expecting total bookings of $1.802B-$1.822B and revenue of $1.747B-$1.761B, reflecting strong product traction and business fundamentals. The company anticipates continued growth driven by Wix Studio, AI products, and an expanded commerce platform.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:21 am

TSLA

UBER

Wedbush Securities analyst Dan Ives predicts that Tesla's upcoming robotaxi will significantly impact Uber and the autonomous vehicle industry. This could pressure Uber to accelerate its shift towards autonomous vehicles, despite recent positive feedback and revenue growth.

Portfolio Pulse from Benzinga Neuro

August 07, 2024 | 4:54 am

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

SOLUSD

Cat-themed meme coin, Cat in a Dogs World (CRYPTO: MEW), emerged as the best-performing cryptocurrency, surging 20% in the last 24 hours. This rally helped investors recover losses from the weekend and improved MEW's monthly gains to 57%. Other Solana-based meme tokens like Dogwifhat (CRYPTO: WIF) and Bonk (CRYPTO: BONK) also saw gains. Despite the surge, a 14% dip in MEW's trading volumes raises questions about the rally's sustainability.

Portfolio Pulse from Aniket Verma

August 07, 2024 | 4:27 am

FBTC

GBTC

Peter Schiff criticizes owning Bitcoin in ETFs, arguing it contradicts Bitcoin's core values of decentralization and peer-to-peer transactions. Schiff's comments come amid a volatile period for Bitcoin, with significant outflows from U.S.-based Bitcoin ETFs, including Grayscale Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund.

Portfolio Pulse from Aniket Verma

August 07, 2024 | 3:27 am

ABNB

DELL

RDDT

RIVN

TSLA

U.S. stocks surged on Tuesday with the Dow Jones, NASDAQ, and S&P 500 all experiencing gains. Key stocks on investors' radars included Reddit, Dell, Airbnb, Rivian, and Tesla, each reacting to various company-specific news.

Portfolio Pulse from Benzinga Neuro

August 07, 2024 | 3:18 am