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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

AMD

INTC

NVDA

Analyst Vijay Rakesh from Mizuho Securities has increased his projected stock price target for Nvidia (NVDA) to $530, up from $400, due to the surge in AI applications driving up demand for semiconductors. He also expressed optimism for Intel (INTC) and Advanced Micro Devices (AMD) in the longer term, raising his target price for Intel to $33, up from $30, and maintaining a 'Buy' rating for AMD with a target price of $140.

Portfolio Pulse from Benzinga Neuro

July 25, 2023 | 5:12 am

NWE

NorthWestern (NASDAQ:NWE) reported Q2 earnings of $0.35 per share, missing the analyst consensus estimate of $0.54 by 35.19%. This is a 35.19% decrease from the same period last year. The company also reported quarterly sales of $290.50 million, missing the analyst consensus estimate of $349.41 million by 16.86%. This is a 10.06% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:04 am

DOGEUSD

Elon Musk has updated his Twitter bio to include the Dogecoin symbol, triggering an 8% rally in the cryptocurrency's market price. This move has led to speculation about the potential integration of Dogecoin into the Twitter platform. Following the update, Dogecoin's trading volume increased by 450.19% within 24 hours.

Portfolio Pulse from Mehab Qureshi

July 25, 2023 | 3:40 am

BLK

BTCUSD

Investment research firm Fundstrat predicts that the potential launch of a Bitcoin ETF from BlackRock could drive Bitcoin's price to $180,000 before the scheduled halving in April 2024. The firm sees a 75% probability of a spot Bitcoin ETF being approved in the near term, which could attract new investors and generate increased demand for Bitcoin. Fundstrat also believes that Bitcoin ETFs could eventually surpass the precious metals ETF market, which currently holds nearly $230 billion in assets.

Portfolio Pulse from Benzinga Neuro

July 25, 2023 | 3:27 am