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CRM

Salesforce reported strong Q2 earnings, beating revenue and EPS estimates. The company highlighted its new AI platform and announced a CFO transition. Salesforce raised its full-year earnings outlook, and shares rose 3.51% after hours.

Portfolio Pulse from Adam Eckert

August 28, 2024 | 8:35 pm

DOV

Dover Corporation's subsidiary, Rotary, has introduced the Rotary Flex MAX Linker, a new product that allows technicians to control up to 18 mobile column lifts with a single remote. This innovation is aimed at enhancing efficiency in large-scale vehicle lifting operations.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:24 pm

NVDA

Nvidia's CEO has stated that the demand for their Hopper product remains strong, and there is incredible anticipation for their upcoming Blackwell product.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:23 pm

BABA

PDD

Alibaba shares are trading lower due to broader market sentiment affecting U.S.-listed Chinese stocks, influenced by PDD Holdings' earnings report. Despite this, Alibaba has potential catalysts like its expected inclusion in the Stock Connect program, which could increase liquidity. The company is also advancing its AI ambitions, although recent earnings showed mixed results.

Portfolio Pulse from Vaishali Prayag

August 28, 2024 | 8:20 pm

BYRN

Byrna Technologies Inc. announced a significant sale to the Ministry of the Interior of Uruguay, which purchased 400 Byrna launchers and over 100,000 rounds of less-lethal ammunition for the Uruguayan National Police. This deal highlights the growing adoption of less-lethal security solutions.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:19 pm

RDDT

User reports indicate that Reddit is experiencing issues, as noted by DownDetector. This could potentially affect user engagement and ad revenue for the platform.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:19 pm

AVGO

NTAP

NetApp and Broadcom have announced enhancements to VMware Cloud Foundation deployments, introducing new capabilities to optimize private and hybrid cloud environments. This collaboration aims to ensure efficient scaling and performance for their joint customers.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:17 pm

RPTX

Repare Therapeutics is strategically reprioritizing its focus on its clinical oncology portfolio, reducing its workforce by 25%, primarily in preclinical areas, and expects non-recurring cash payments of $1.5M-$2M in Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:15 pm

QGEN

QIAGEN has expanded its collaboration with AstraZeneca to develop a genotyping assay using its QIAstat-Dx platform. This will aid in the development of companion diagnostics for AstraZeneca's future therapies targeting chronic diseases.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:12 pm

TOVX

Theriva Biologics shares rose following the announcement of a US patent application notice of allowance for a treatment targeting C. Difficile disease and other antibiotic-induced GI tract adverse effects.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:09 pm