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MXL

Maxlinear's shares are trading lower following a report suggesting China's approval of the company's merger with Silicon Motion.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 10:21 am

SIMO

Silicon Motion Technology's shares are trading higher following a report suggesting China's approval of the company's merger with Maxlinear.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 10:20 am

PROV

Provident Financial Holdings (NASDAQ:PROV) reported Q4 earnings of $0.26 per share, missing the analyst consensus estimate of $0.33 by 21.21%. This is a 23.53% decrease from the same period last year. The company also reported quarterly sales of $10.37 million, missing the analyst consensus estimate of $10.85 million by 4.43%. This is a 7.22% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:20 am

DOGEUSD

In 2021, Mia Khalifa announced her investment in Dogecoin (CRYPTO: DOGE) when its trading price was $0.041. Today, an initial $100 investment in DOGE at that time would have grown to $195.76, representing profits of 95.76%. DOGE's value surged by 20% after Elon Musk tweeted about it. Currently, DOGE is trading at $0.080, up 4% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

July 26, 2023 | 10:18 am

TMHC

Taylor Morrison Home Corp (TMHC) expects to close approximately 2,600 homes in Q3.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 10:16 am

EEMA

EWU

EZU

FLAX

SPY

On Tuesday, July 25, the U.S. markets closed higher, with the Dow Jones, S&P 500, and Nasdaq Composite all seeing gains. Asian markets saw mixed results, with Japan's Nikkei 225 and Australia's S&P/ASX 200 rising, while Shanghai Composite, Shenzhen CSI 300, and Hang Seng index fell. European markets are trading lower, with the Pan-European STOXX 600, DAX index, and CAC 40 all down. Commodities saw mixed results, with Crude Oil WTI, Brent, Natural Gas, and Copper trading lower, while Gold and Silver rose. U.S. futures are down, and the U.S. Dollar Index fell.

Portfolio Pulse from Akanksha Bakshi

July 26, 2023 | 10:16 am

LIVN

LivaNova has increased its FY23 revenue growth forecast to 8% and 10% in constant currency, up from the previous 4% - 6%. The company expects foreign currency to provide a 1% tailwind based on current rates.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:09 am

STLA

Stellantis NV reported a 12% YoY revenue growth in 1H FY23 to €98.4 billion, driven by higher shipments. Revenue in North America, Enlarged Europe, and Middle East & Africa rose by 8%, 11%, and 55% respectively. Global BEV sales increased 24% YoY to 169,000 vehicles. The company's net profit for 1H FY23 increased 37% to €10.9 billion. Stellantis repurchased €0.7 billion in shares in 1H 2023 and plans to complete the €1.5 billion share buyback program by the end of 2023. STLA shares are trading higher by 2.38% at $18.95 in premarket.

Portfolio Pulse from Shivani Kumaresan

July 26, 2023 | 10:09 am

CSTM

Constellium has projected its adjusted EBITDA to be between €700 million and €720 million, with a free cash flow exceeding €150 million in 2023.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:08 am

LIVN

LivaNova has increased its FY23 adjusted EPS guidance to $2.55 - $2.75, up from the previous $2.50 - $2.70. The new estimate surpasses the $2.59 consensus estimate.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:07 am