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EWG

VGK

Germany's Ifo Business Climate Index for July came in at 87.3, lower than the estimated 88 and the prior figure of 88.6.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:04 am

EWG

VGK

Germany's current assessment for July has been reported at 91.3, lower than the estimated 93.0 and the prior figure of 93.7.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:03 am

EWG

VGK

Germany's business expectations for July were reported at 83.5, slightly above the estimated 83.4, but below the prior figure of 83.8.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:03 am

DOGEUSD

TSLA

Elon Musk, CEO of Tesla and owner of X Corp, commented on Twitter's temporary rebranding to a Shiba Inu dog, the mascot of Dogecoin, stating it had no significant impact. This follows a previous incident where Dogecoin's logo replaced Twitter's icon, causing Dogecoin's price to surge over 20% in 30 minutes. Musk is currently facing a $250-million lawsuit alleging he used a pyramid scheme to inflate Dogecoin's price.

Portfolio Pulse from Benzinga Neuro

July 25, 2023 | 7:41 am

MSFT

Microsoft Corporation (NASDAQ:MSFT) is expected to report higher quarterly earnings at $2.55 per share, up from $2.23 per share a year ago. The company's revenue is projected to be $55.47 billion. Microsoft shares rose 0.4% to close at $345.11 on Monday. Several analysts have recently updated their price targets for Microsoft, with most predicting an upside in the company's stock.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 7:39 am

DASTY

Dassault Systemes has reaffirmed its FY23 guidance, projecting an EPS of €1.18-€1.20 and revenue of €5.94B-€5.99B. For Q3, the company expects revenue of €1.402-€1.424B and an EPS of €0.26-€0.27. The company's software revenue growth is expected to be 8-9% for FY23 and 9-10% for Q3. The operating margin is projected to be 32.3%-32.6% for FY23 and 30.2%-30.5% for Q3.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 6:57 am

PAC

Grupo Aeroportuario del (NYSE:PAC) reported Q1 earnings of $2.37 per share, missing the analyst consensus estimate of $3.23 by 26.63%. However, the company's quarterly sales of $472.78 million beat the estimate of $400.57 million by 18.03%. This represents a 2.6% increase in earnings and a 61.3% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 6:15 am

LOGI

Logitech has raised its H1 2024 outlook, expecting sales of $1.875B - $1.975B, up from the previous estimate of $1.8B - $1.9B. The company also provided an estimated full-year outlook for FY24, expecting sales of $3.8B-$4B, which is slightly lower than the $4.1B estimate.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:42 am

DPZ

GE

GM

GOOGL

MSFT

NXPI

The Dow Jones recorded its longest winning streak since Feb. 2017, with gains for the eleventh straight session. Domino's Pizza Inc reported better-than-expected Q2 earnings, while sales missed estimates. NXP Semiconductors also reported better-than-expected Q2 results and issued a strong Q3 forecast. Investors are awaiting earnings results from Microsoft Corporation, Alphabet Inc., General Electric Company, and General Motors Company.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 5:38 am

LOGI

Logitech International (NASDAQ:LOGI) reported Q1 earnings of $0.65 per share, beating the analyst consensus estimate of $0.45 by 44.44%. However, this is a 12.16% decrease from the same period last year. The company also reported quarterly sales of $974.50 million, beating the analyst consensus estimate of $912.30 million by 6.82%, but this is a 15.99% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:33 am