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COIN

Coinbase Global (NASDAQ:COIN) is set to report its Q2 earnings, with analysts expecting revenue of $1.4 billion and earnings per share of 93 cents. The company has beaten revenue estimates for six straight quarters and earnings estimates for five straight quarters. Analysts have mixed ratings on Coinbase, with price targets ranging from $181 to $345. Key items to watch include commentary on Bitcoin and Ethereum ETFs and the impact of subscription and services revenue.

Portfolio Pulse from Chris Katje

July 31, 2024 | 8:44 pm

MDXG

MiMedx Group has announced the commercial launch of HELIOGEN Fibrillar Collagen Matrix, a particulate xenograft product designed for complex surgical wounds. HELIOGEN contains Type I and Type III collagen and mimics native structural connective tissue.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:44 pm

ENVX

Enovix Corporation has signed a non-binding Memorandum of Understanding (MOU) with a global automotive OEM to scale its cell architecture for the electric vehicle (EV) market. The focus will be on cell design and performance validation at the cell, pack, and vehicle levels to enhance performance and customer experience.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:39 pm

ENVX

Enovix Corporation has signed a collaboration agreement with a Fortune 200 company to supply silicon batteries for a rapidly growing IoT product category with tens of millions of users worldwide.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:39 pm

CVLT

MSFT

Commvault has announced a new cloud solution with premium Microsoft 365 backup storage, enhancing cyber resilience and recovery for Microsoft 365 workloads. The solution offers unified control and single-pane-of-glass monitoring via Commvault Cloud and is available through the Microsoft Azure Marketplace.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:38 pm

AR

Antero Resources has updated its FY24 production range to 3.375 to 3.425 Bcfe/d, driven by higher liquids volumes. The company also raised its C3+ NGL realized price from $0.00-$1.00 per barrel to $1.00-$2.00 per barrel premium.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:38 pm

QGEN

QIAGEN has updated its FY 2024 outlook, projecting EPS of $2.16 versus the estimated $2.12, and revenue of $1.985 billion versus the estimated $2 billion. The update is based on strong core business performance and the decision to phase out the NeuMoDx clinical PCR system.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:27 pm

ALB

Albemarle has announced a comprehensive review of its cost and operating structure, including changes at its Kemerton lithium hydroxide conversion site in Australia. The company will stop construction at Train 3, idle production at Train 2, and focus on ramping up Train 1.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:21 pm

DIS

Disney World puts 24% of travelers into debt, with higher figures among Gen Z and parents with young children. Despite this, Disney's theme parks remain its most profitable segment, contributing significantly to revenue and operating profit. However, Disney's streaming services and movie studio continue to struggle, impacting overall share performance.

Portfolio Pulse from Hayden Buckfire

July 31, 2024 | 8:20 pm

META

Meta Platforms Inc (NASDAQ:META) reported strong Q2 earnings, beating both revenue and EPS estimates. The company saw a 22% YoY increase in total revenues and provided strong guidance for Q3. Meta AI is on track to become the most used AI assistant globally by year-end.

Portfolio Pulse from Adam Eckert

July 31, 2024 | 8:20 pm