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DAY

Dayforce, Inc. (NYSE:DAY, TSX:DAY) announced that its on-demand pay solution, Dayforce Wallet, has surpassed $4 billion in payroll delivered. This milestone highlights the growing adoption of Dayforce Wallet in providing early direct deposit and paycard services to employees globally.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:01 pm

LFSWF

Lifeist Wellness Inc. reported a 49% YoY drop in Q2 net revenue and plans to move away from its legacy cannabis business. The company is selling its subsidiary CannMart Inc. and shifting focus to Mikra Cellular Sciences to become a leading nutraceutical company.

Portfolio Pulse from Jelena Martinovic

July 31, 2024 | 1:55 pm

MSFT

Microsoft's recent earnings report showed a revenue beat and a 21% YoY increase in cloud revenue, but shares fell due to missed cloud revenue forecasts and lower forward guidance. Despite this, analysts remain optimistic about Microsoft's AI narrative and future growth in Azure revenue.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 1:51 pm

AMZN

GOOG

GOOGL

META

Barry Sternlicht, CEO of Starwood Capital, expressed skepticism about Federal Reserve Chair Jerome Powell's role in the robust U.S. economy, attributing more credit to companies like Amazon, Meta, and Alphabet. Sternlicht emphasized that many jobs in healthcare, government, and education are not influenced by interest rates.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 1:42 pm

XPEV

XPENG has announced significant advancements in AI-powered technology, setting new industry standards for over-the-air (OTA) iteration speed. The company is rolling out its Unlimited XNGP nationwide, which no longer depends on HD map coverage. Additionally, XPENG is deploying the Tianji XOS 5.2 in-car operating system to all eligible models globally.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:37 pm

KSCP

Knightscope has announced new expansion contracts with a Texas school district and the California Transportation Commission. Both contracts include a full-service maintenance plan for emergency communication devices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:36 pm

LPTH

LightPath Technologies shares are trading higher after the company announced it began delivering advanced thermal camera systems for Lockheed Martin's missile program.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:31 pm

AMD

SMCI

Super Micro Computer Inc (NASDAQ:SMCI) shares are surging in sympathy with Advanced Micro Devices, Inc. (NASDAQ:AMD), which reported strong Q2 financial results. AMD's revenue and earnings beat analyst estimates, driven by record Data Center segment revenue and accelerating AI business. AMD's positive outlook for Q3 and GPU revenue has boosted investor optimism in semiconductor stocks, including SMCI. Additionally, potential new US rules to limit semiconductor equipment exports to China may also be influencing the sector.

Portfolio Pulse from Adam Eckert

July 31, 2024 | 1:24 pm

JNVR

Janover shares are trading higher after the company announced its new Insurtech platform achieved profitability in its second month of operation and increased its recurring revenue.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:20 pm

BG

Bunge Limited (NYSE:BG) shares fell over 6% after missing Q2 earnings and sales estimates. The company reported adjusted EPS of $1.73, below the $1.80 consensus, and sales of $13.24 billion, missing the $14.27 billion estimate. Despite lower Agribusiness performance, Bunge made progress on strategic priorities, including the sale of its interest in a sugar and bioenergy joint venture. Cash flow concerns were highlighted, with cash used for operations at $480 million compared to cash provided of $472 million last year. The company raised its full-year 2024 adjusted EPS outlook to $9.25.

Portfolio Pulse from Nabaparna Bhattacharya

July 31, 2024 | 1:16 pm