Streetbeat News

Revenues

CRWD

MSFT

U.S. stock markets closed lower on July 18, with major indexes dropping and sectors like healthcare, consumer discretionary, and financials suffering the most. Energy stocks closed higher. Pre-market drops were seen in CrowdStrike and Microsoft due to a global Windows crash. Asian and European markets also declined, and commodities like gold and silver saw significant drops. The U.S. Dollar strengthened amid global market unease.

Portfolio Pulse from Akanksha Bakshi

July 19, 2024 | 11:01 am

AXP

American Express (NYSE: AXP) reported Q2 2024 adjusted EPS of $3.49, beating the estimate of $3.26. However, sales of $16.330 billion missed the $16.588 billion estimate. Sales increased by 8.48% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 11:01 am

TRV

Travelers Companies (NYSE:TRV) reported Q2 2024 adjusted EPS of $2.51, beating the estimate of $1.98, while sales of $11.283 billion missed the estimate of $11.341 billion. Sales increased by 11.73% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 10:59 am

NVOS

Novo Integrated Sciences shares are trading higher following the announcement of the commencement of disbursement for the complete monetization of a Standby Letter of Credit and monetization program.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 10:54 am

SLB

SLB (NYSE:SLB) reported Q2 2024 earnings of $0.85 per share, beating the analyst estimate of $0.83. Sales were $9.139 billion, also surpassing the $9.076 billion estimate. This marks an 18.06% increase in EPS and a 12.84% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 10:52 am

HAL

Halliburton (NYSE:HAL) reported Q2 2024 earnings per share (EPS) of $0.80, meeting analyst expectations. However, the company's sales of $5.833 billion missed the consensus estimate of $5.949 billion by 1.95%. This represents a 0.60% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 10:47 am

AVGO

MSFT

NVDA

OpenAI is in discussions with Broadcom to co-develop a new AI chip, aiming to reduce its reliance on Nvidia. This move is part of OpenAI's strategy to secure necessary resources for its AI models and strengthen its supply chain.

Portfolio Pulse from Benzinga Neuro

July 19, 2024 | 10:42 am

CMA

Comerica (NYSE:CMA) reported Q2 2024 adjusted EPS of $1.53, beating the $1.19 estimate. Sales were $824 million, surpassing the $813.472 million estimate but down 10.82% from last year's $924 million.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 10:32 am

WIT

Wipro reported its Q1 2025 GAAP EPS at $0.07, which was in line with expectations. However, the company missed its sales estimate, reporting $2.631 billion against the expected $2.661 billion.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 10:26 am

WIT

Wipro Limited reported a 3.9% year-over-year revenue decline in Q1, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 10:15 am