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Revenues

GOOG

GOOGL

Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) reported second-quarter earnings, meeting analyst estimates but falling short on YouTube advertising revenue. Despite this, YouTube's ad revenue grew year-on-year. Alphabet's overall revenue and earnings surpassed expectations, marking the sixth consecutive quarter of outperformance. However, Alphabet's shares declined in after-hours trading.

Portfolio Pulse from Ananya Gairola

July 24, 2024 | 6:14 am

NJDCY

Nidec (OTC:NJDCY) reported Q1 earnings per share of $0.16, beating the analyst estimate of $0.13. Sales were $4.16 billion, also surpassing the $4.05 billion estimate. Despite the beats, EPS decreased by 20% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 6:13 am

SEOAY

Stora Enso (OTC:SEOAY) reported Q2 earnings per share of $0.07, a significant improvement from a loss of $(0.29) per share YoY. However, sales decreased by 4.25% to $2.48 billion from $2.59 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 5:59 am

BTCUSD

Senator Cynthia Lummis criticized the Biden administration's proposal to impose a 30% tax on Bitcoin mining, arguing it would harm innovation, energy infrastructure, and tax revenues. She highlighted the benefits of Bitcoin mining for energy grids and environmental concerns, warning of a potential miner exodus.

Portfolio Pulse from Aniket Verma

July 24, 2024 | 5:20 am

EQNR

Equinor (NYSE:EQNR) reported Q2 2024 earnings per share (EPS) of $0.84, missing the analyst estimate of $0.85. However, the company beat sales estimates with $25.538 billion, a 10.41% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 4:59 am

BIDU

GOOGL

META

MSFT

ONEI

DeepL, a German AI translation startup backed by Mark Zuckerberg's family office, has introduced traditional Chinese as a new language option, targeting markets in Taiwan and Hong Kong. This expansion aims to compete with major tech firms like Google, Microsoft, Baidu, and Tencent. DeepL also plans to develop a spoken language translation product.

Portfolio Pulse from Benzinga Neuro

July 24, 2024 | 4:33 am

BTCUSD

DOGEUSD

ETHUSD

GOOGL

TSLA

Bitcoin and Dogecoin saw declines while Ethereum remained steady amid Mt. Gox payouts. Bitcoin dropped to the $65,000 range as creditors received BTC on Kraken. Ethereum traded within the $3,400-$3,500 range with the debut of spot ETFs. Analysts highlighted key support levels for Bitcoin. The global cryptocurrency market contracted by 2.21%. Stocks also saw slight declines, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all inching lower.

Portfolio Pulse from Aniket Verma

July 24, 2024 | 2:25 am

TSLA

Elon Musk initiated a poll on X, formerly Twitter, asking if Tesla should invest $5 billion in his AI company, xAI. The poll is intended to gauge public opinion before seeking board and shareholder approval. Currently, over 70% of voters support the investment. Additionally, Tesla reported a 2% year-over-year increase in Q2 revenue, surpassing estimates, but its stock fell 7.8% in after-hours trading.

Portfolio Pulse from Ananya Gairola

July 24, 2024 | 1:46 am

BTCUSD

GE

GM

KO

LMT

NXPI

QQQ

SAP

SPOT

SPY

TSLA

UPS

The article discusses the speculative sentiment in the stock market, focusing on Tesla's upcoming earnings and the battle between its electric vehicle and humanoid robot/robotaxi segments. It also highlights the earnings reports of several major companies and the impact of India's new budget on its stock market. Additionally, it mentions the influence of money flows in key stocks and ETFs, and a rumor about Trump creating a national bitcoin strategic reserve.

Portfolio Pulse from The Arora Report

July 23, 2024 | 10:35 pm

NFLX

Netflix Inc (NASDAQ:NFLX) announced plans to release a new game to subscribers every month starting in July 2024. The company aims to expand its gaming portfolio, with over 80 games in development, focusing on interactive narrative games based on popular Netflix IP. This strategy was revealed during the latest earnings call, where co-CEO Gregory K. Peters highlighted the potential of the gaming market and Netflix's engagement growth targets.

Portfolio Pulse from Franca Quarneti

July 23, 2024 | 10:10 pm