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AMZN

Amazon's CEO reports lower selling prices as customers opt for cheaper alternatives. Discretionary and high-ticket items like computers and electronics are growing faster than the industry average but slower than in a strong economy. Seller fees are slightly lower than expected due to recent fee adjustments.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:46 pm

CLAR

Clarus Corporation (CLAR) has provided its fiscal year 2024 outlook, expecting sales between $270 million to $280 million, adjusted EBITDA of $11 million to $14 million, and capital expenditures of $6 million to $7 million. The company is focusing on scaling its Adventure segment in North America and Europe.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:41 pm

MELI

Mercado Libre (NASDAQ:MELI) reported strong Q2 earnings with revenue and EPS beating estimates. Revenue grew 42% YoY to $5.07 billion, and EPS was $10.48. Brazil and Mexico saw significant growth, with revenue up 51% and 66% respectively. The company also reported growth in commerce and fintech segments and highlighted future opportunities, including a potential banking license in Mexico.

Portfolio Pulse from Chris Katje

August 01, 2024 | 9:34 pm

SUPN

Supernus Pharmaceuticals has resubmitted its New Drug Application (NDA) to the FDA for its apomorphine infusion device (SPN-830), aimed at treating motor fluctuations in Parkinson's disease.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:30 pm

CNTG

Centogene shares are trading lower after the company announced data from its Rostock International Parkinson's Disease Study, revealing genetic factors and prevalence of Parkinson's disease.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:27 pm

VSEE

VSee Health shares are trading higher following the announcement of an agreement with Ava Robotics to develop telepresence solutions for the inpatient intensive care market.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:23 pm

ROKU

Roku (NASDAQ:ROKU) has adopted Unified ID 2.0 (UID2), an identity solution developed by The Trade Desk, to enhance advertising targeting and performance across its media platform. This integration will allow advertisers to implement more precise targeting and secure data collaboration.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:22 pm

AWI

WOR

Armstrong World Industries (AWI) and Worthington Enterprises (WOR) announced that their joint venture, Worthington Armstrong (WAVE), has acquired all assets of Data Center Resources related to the Cool Shield brand, which designs and manufactures modular aisle containment solutions for data centers.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:21 pm

RMR

The RMR Group (NASDAQ:RMR) has acquired The Ridge at Lowry, a 240-unit apartment community in Denver, for $70 million. This marks RMR's initial investment in residential properties. The property will be rebranded as ARIUM at Lowry and will undergo significant renovations.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:15 pm

AAPL

Apple CEO Tim Cook announced that the company will continue to make significant investments in AI technology during a conference call.

Portfolio Pulse from charles@benzinga.com

August 01, 2024 | 9:10 pm