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CHKP

Check Point Software (NASDAQ:CHKP) reported Q4 earnings with an EPS of $2.57, beating estimates by 3.63% against an expected $2.48. Revenue increased by $25M from the previous year. The company has a history of surpassing EPS estimates, as seen in the past four quarters, which has positively impacted its share price.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 10:25 am

TM

Toyota Motor Corp's shares are on the rise following the announcement of its third-quarter results, which exceeded expectations. Additionally, the company has increased its fiscal 2024 guidance, signaling stronger future performance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:23 am

CHGG

Piper Sandler analyst Arvind Ramnani downgraded Chegg (NYSE:CHGG) from Neutral to Underweight and reduced the price target from $9 to $8.5, indicating a bearish outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:19 am

TM

Toyota Motor reported a significant decrease in Q3 EPS to $0.68 from $3.78 YoY, despite an increase in sales to $81.51B from $69.09B YoY.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:09 am

AAPL

GOOGL

YouTube has confirmed the development of a Vision Pro app for Apple's Vision Pro VR headset, despite initially refusing to allow its iPad app to run on the device. This decision comes after the popularity of the Juno app for YouTube on the Vision Pro. The launch date and features of the app remain unclear, and there's no mention of a dedicated visionOS YouTube app. Meanwhile, Netflix and Spotify have decided not to launch their apps on the Vision Pro, directing users to access content via a web browser instead. Apple's Vision Pro headset has seen significant sales, with first-weekend numbers more than double the expectations.

Portfolio Pulse from Benzinga Neuro

February 06, 2024 | 10:07 am

PLTR

Palantir Technologies Inc. (NYSE:PLTR) reported Q4 earnings with profits in line and revenue exceeding expectations, leading to a surge in after-hours trading. CEO Alex Karp's remarks during the earnings call were notably praised by CNBC's Jim Cramer. Palantir's focus on AI, particularly its AIP platform, has been highlighted as a key driver for its growth and potential S&P 500 Index inclusion. Despite positive sentiment, some concerns over valuation persist.

Portfolio Pulse from Shanthi Rexaline

February 06, 2024 | 10:05 am

ATHM

Autohome (NYSE:ATHM) reported Q4 earnings with an EPS of $0.58, beating estimates by 1.75% but with a revenue decrease of $5.28 million from the previous year. The company has a history of surpassing EPS estimates, which previously led to a slight increase in share price.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 10:00 am

BABA

PDD

Alibaba Group Holding Ltd (NYSE:BABA) faces a challenging future as its stock value has plummeted by 75% from its 2020 peak, reaching an all-time low. Options traders are betting on further declines, especially ahead of Alibaba's earnings report. Despite these challenges, there's optimism for positive earnings, with a projected 5.6% revenue growth for the last quarter of 2023. Alibaba's strategic refocus on core e-commerce operations by selling off certain assets could influence its recovery.

Portfolio Pulse from Benzinga Neuro

February 06, 2024 | 9:53 am

ATHM

Autohome Inc. (ATHM) reported Q4 adjusted earnings of $0.58 per share, surpassing the consensus estimate of $0.57, a 1.75% beat. However, this represents a 25.64% decrease from the previous year's earnings of $0.78 per share. Q4 sales were $269.20 million, exceeding expectations by 1.36% but marking a 1.93% decrease from the previous year's $274.50 million.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:40 am

SAP

TSLA

SAP SE (NYSE:SAP) has stopped purchasing vehicles from Tesla Inc (NASDAQ:TSLA) for its fleet, citing price fluctuations and delivery issues. Meanwhile, Dartmouth College plans to incorporate Tesla Model Ys into its fleet, aiming to transition over half of its current fleet to these electric vehicles.

Portfolio Pulse from Anan Ashraf

February 06, 2024 | 9:20 am