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NFLX

Netflix reported strong Q2 earnings with revenue and EPS beating estimates. The company saw significant growth in ad-supported memberships and announced a new 'Squid Game' multiplayer game. However, Netflix shares fell 3% in after-hours trading.

Portfolio Pulse from Chris Katje

July 18, 2024 | 8:27 pm

META

Meta Platforms Inc's Instagram has launched a pilot program with the Center for Open Science to study the effects of social media on teen mental health. The six-month program will provide researchers with anonymized data on user behavior, excluding sensitive information. This initiative follows concerns about Instagram's impact on teen anxiety and depression.

Portfolio Pulse from Franca Quarneti

July 18, 2024 | 8:24 pm

BTCUSD

DOGEUSD

ETHUSD

RNDRUSD

SHIBUSD

SOLUSD

Cryptocurrency markets are trading lower following a $230 million hack on Indian crypto exchange WazirX. Bitcoin, Ethereum, and Dogecoin are among the notable cryptocurrencies experiencing declines. Key metrics show a decrease in large transaction volumes and daily active addresses, while exchange netflows have risen significantly. Analysts have mixed predictions for Bitcoin's short-term performance, with some seeing potential for a bullish August if Bitcoin holds above $62,750, while others predict a bearish retest.

Portfolio Pulse from Khyathi Dalal

July 18, 2024 | 8:23 pm

ALSN

Allison Transmission has partnered with Lingong Heavy Machinery Co. Ltd. to integrate Allison 6625 Wide Body Dump Series™ transmissions into LGMG's 136T wide body mining dump trucks. These vehicles will be delivered to international customers for mining operations in Chile, China, Indonesia, and Vietnam.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:23 pm

DOV

Dover Corporation (DOV) has acquired Demaco Holland, a company specializing in food processing equipment. The financial terms of the acquisition were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:18 pm

GTN

The Harlem Globetrotters and Gray Media have announced a live broadcast of a game from American Dream in New Jersey on August 18, 2024. The event will air at 7pm ET on Gray-owned local TV stations, including Peachtree TV in Atlanta and over ninety other markets.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:16 pm

VIGL

Vigil Neuroscience, Inc. (NASDAQ:VIGL) will present its small molecule TREM2 agonist VG-3927 at the 2024 Alzheimer's Association International Conference from July 28-August 1, 2024. The company will have one oral and two poster presentations.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:13 pm

ICFI

ICF (NASDAQ:ICFI) has been awarded an $88 million, nearly five-year subcontract to support the Centers for Medicare and Medicaid Services (CMS) in modernizing the Quality Payment Program (QPP). This contract aims to optimize healthcare delivery and patient care through cloud data migration.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:08 pm

NFLX

Netflix expects paid net additions to be lower in the upcoming quarter due to the impact of its paid sharing initiative.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:05 pm

BRK

JPM

XLF

The financial sector looks favorable after a strong earnings report from JPMorgan Chase, according to market strategist Jay Woods. JPMorgan and Berkshire Hathaway are leading the sector, with the SPDR Select Fund – Financial also showing strong performance. Woods suggests that financials could continue to perform well, especially if Donald Trump returns to the White House.

Portfolio Pulse from Chris Katje

July 18, 2024 | 8:04 pm