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MSFT

The Caribbean island of Anguilla is experiencing an economic boost due to the rise of AI technologies and the popularity of the '.ai' domain, which is under the island's government control. The total number of registrations for sites ending with .ai has doubled in the past year, potentially generating up to $30 million in domain registration fees for 2023, accounting for approximately 10% of the island's GDP. Prominent AI startups and tech giants such as Alphabet Inc., Meta Platforms Inc., and Microsoft Corp. have embraced the '.ai' domain.

Portfolio Pulse from Piero Cingari

August 31, 2023 | 9:54 pm

AVGO

Broadcom's Q3 networking revenue was reported to be $2.8 billion, marking a 20% increase year on year, as announced by the CEO during a conference call.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 9:15 pm

LULU

Lululemon Athletica's executive has reported a noticeable increase in travel and tourism within the Asia Pacific region, which is positively impacting the business.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 9:13 pm

LULU

During a conference call, an executive from Lululemon Athletica announced that the company's revenues in Greater China grew by 61% in Q2.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 9:12 pm

ESTC

Elastic has revised its FY24 total revenue outlook range, raising the lower end from $1.238 billion to $1.242 billion. The upper end of the range remains at $1.250 billion. The estimated revenue is $1.24 billion.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:42 pm

NTNX

Nutanix has projected its FY24 revenue to be between $2.085 billion and $2.115 billion, which is in line with the estimated $2.08 billion.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:24 pm

S

SentinelOne has increased its FY24 revenue forecast from $590M-$600M to $605M, which is higher than the estimated $594.77M.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:20 pm

EWZ

The Brazilian government has projected a GDP growth of 2.3% and an inflation rate of 3.30% for the year 2024.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 8:19 pm

IOT

Samsara has provided its financial outlook for Q3 and FY 2024. The company expects total revenue of $223 million to $225 million for Q3 and $896 million to $900 million for FY 2024. The year/year growth is expected to be 31% to 33% for Q3 and 37% to 38% for FY 2024. The non-GAAP operating margin is expected to be -2% for Q3 and -3% for FY 2024. The non-GAAP net income per share is expected to be $0.00 to $0.01 for Q3 and $0.00 to $0.02 for FY 2024.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 8:18 pm

Samsara

Samsara has released its financial outlook for Q3 and FY 2024. The company expects Q3 revenue to be between $223M-$225M, surpassing the estimated $220.38M. The EPS is projected to be $0.00-$0.01, matching the estimate. For FY 2024, the revenue is expected to be between $896M-$900M, with a year/year growth of 37%-38%. The non-GAAP net income per share is expected to be $0.00-$0.02.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 8:17 pm