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TKOMF

TKOMY

Tokio Marine Holdings reported a significant increase in its fiscal 2023 earnings per share (EPS) to $2.396, up from $1.256 year-over-year. The company's sales also rose to $50.03 billion from $44.544 billion in the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:28 am

TSLA

Tesla is offering free supercharging miles and price cuts to boost sales in China. New customers can get 5,000 km of free supercharging miles, while existing customers can get up to 1,200 km for tire replacements. This comes after a reported 18% year-over-year decline in sales of made-in-China EVs in April.

Portfolio Pulse from Anan Ashraf

May 20, 2024 | 6:09 am

GME

NDSN

PANW

ZM

Investor optimism improved as the Dow Jones index settled above 40,000 for the first time, with the S&P 500 also recording gains. GameStop Corp (NYSE:GME) shares fell 20% after releasing preliminary first-quarter results. Investors are awaiting earnings results from Nordson Corporation (NASDAQ:NDSN), Palo Alto Networks, Inc. (NASDAQ:PANW), and Zoom Video Communications, Inc. (NASDAQ:ZM).

Portfolio Pulse from Avi Kapoor

May 20, 2024 | 5:59 am

SVRA

Savara Inc. and Trillium Health LLC presented new data on autoimmune pulmonary alveolar proteinosis (PAP) at ATS 2024. Savara's data highlighted the significant healthcare burden of PAP, while Trillium introduced a novel test for detecting GM-CSF antibodies to aid in diagnosing aPAP.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:46 am

SOHU

Sohu.com has provided its Q2 2024 guidance, expecting brand advertising revenues to decline by 16%-25% YoY, while online game revenues are projected to increase by 12%-21% YoY. The company anticipates an adjusted net loss of $27M-$37M.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:20 am

SOHU

Sohu.com reported a 5% YoY increase in PC games' average monthly active users (MAU) to 2.3 million, and a 71% YoY increase in mobile games' average MAU to 2.8 million. The growth in mobile games was driven by the launch of Haikyu!!FLY HIGH in Japan and South Korea.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:18 am

WIX

Wix.com Ltd. has provided its Q2 revenue guidance, expecting total revenue to be between $431 million and $435 million, which is slightly below the consensus estimate of $435.211 million.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:13 am

WIX

Wix.Com has raised its 2024 outlook, now expecting total bookings of $1.796B-$1.826B and revenue of $1.738B-$1.761B, reflecting strong Q1 performance and robust business trends. The increase is driven by AI products and better-than-expected price increase dynamics.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:12 am

SOHU

Sohu.com (NASDAQ:SOHU) reported Q1 2024 adjusted EPS of $(0.65), missing the $(0.49) estimate, and sales of $139.390M, down from $161.793M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:06 am

WIX

Wix.com (NASDAQ:WIX) reported Q1 2024 earnings of $1.29 per share, beating the analyst estimate of $1.03 by 25.24%. Sales were $419.776 million, surpassing the $417.837 million estimate. This represents a 41.76% increase in EPS and a 12.22% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:02 am