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Revenues

SPOT

Spotify Technology reported its Q2 2024 earnings with an EPS of EUR1.33 and sales of EUR3.807 billion.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:04 am

PII

Polaris (NYSE:PII) reported Q2 2024 earnings per share of $1.38, missing the analyst estimate of $2.23 by 38.12%. Sales were $1.961 billion, also missing the estimate of $2.180 billion by 10.04%. Both earnings and sales showed significant declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:04 am

AMD

INTC

NVDA

NXPI

NXP Semiconductor shares dropped 7.7% in pre-market trading due to a lower-than-expected Q3 revenue forecast, driven by a slowdown in automotive demand and geopolitical tensions. The company expects Q3 revenue between $3.15 billion and $3.35 billion, below estimates of $3.35 billion. Other chip stocks like Nvidia, AMD, and Intel also traded lower in the pre-market.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 9:53 am

BTCUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' predicts a significant surge in Bitcoin, gold, and silver prices if Donald Trump wins the 2024 election. He suggests that a Trump presidency would lead to a weaker dollar, boosting exports and job creation, and consequently driving up asset prices. Kiyosaki forecasts Bitcoin reaching $105,000, gold rising to $3,300 per ounce, and silver to $79 per ounce by August 2025.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 9:27 am

CRM

Slack, owned by Salesforce Inc. (NYSE:CRM), has introduced new iPhone widgets to improve accessibility and streamline workday tasks. The new widgets include features for quick access to unread messages and status updates.

Portfolio Pulse from Ananya Gairola

July 23, 2024 | 8:59 am

KB

KB Financial reported a Q2 profit attributable to controlling interests of WON1,710.8 billion, marking a 65.1% increase quarter-over-quarter. Net interest income also rose by 1.7% QoQ to WON3,206.2 billion.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:14 am

MAIA

MAIA Biotechnology reports positive Phase 2 results for its lung cancer treatment THIO, showing safety, efficacy, and ongoing benefits in patients with advanced non-small cell lung cancer (NSCLC). The treatment, combined with cemiplimab (Libtayo®), has been well tolerated with lower toxicity compared to standard treatments.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:12 am

CSTM

Constellium SE (NYSE:CSTM) has partnered with Lotte Infracell to supply foilstock for EV battery foil applications in Europe. Constellium will invest €30 million in its German plant to enhance production capacity, creating around 20 new jobs.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 7:41 am

PSO

Pearson has secured a four-year contract to provide an online learning and skills platform for the UK government. This contract is expected to enhance Pearson's revenue and market position in the online education sector.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 7:28 am

MSFT

Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Microsoft (NASDAQ: MSFT) and increased the price target from $465 to $485, suggesting a 10% upside potential. Bracelin expects Microsoft's Cloud revenue to double to $200 billion by fiscal year 2026, driven by AI and data center investments. The analyst also raised his calendar year 2025 earnings per share estimate and P/E multiple due to strong cloud momentum.

Portfolio Pulse from Shanthi Rexaline

July 23, 2024 | 7:16 am