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SE

Sea Limited (NYSE:SE) reported mixed Q2 results with revenue growth of 23% YoY to $3.81 billion, beating estimates, but EPS of 14 cents missed expectations. E-commerce revenue increased 30.4% YoY. Analysts have raised their price targets and ratings for Sea, with shares gaining 2.6% to $76.79.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 7:24 pm

INTZ

Intrusion shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:21 pm

SLDB

Solid Biosciences shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:20 pm

ONDS

Ondas Holdings shares are trading lower after the company reported worse-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:19 pm

GNPX

Genprex shares are trading lower following updates on its Acclaim-1 and Acclaim-3 Phase 1/2 clinical trials for lung cancer, and the cessation of enrollment in its Acclaim-2 clinical trial due to patient recruitment difficulties.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:18 pm

TSLA

The article discusses the political and social controversies surrounding Elon Musk, particularly his stance on immigration and his support for Donald Trump. It highlights the potential impact on Tesla (NASDAQ: TSLA) if Trump does not win the upcoming election, suggesting that Musk's companies could face increased scrutiny and legal challenges under a Kamala Harris administration.

Portfolio Pulse from David Pinsen

August 14, 2024 | 7:17 pm

PRAX

Praxis Precision Medicines (NASDAQ:PRAX) reported a Q2 loss of $1.74 per share, beating the consensus estimate of $2.31 per share. However, sales of $357,000 missed the $870,000 estimate. Analysts have adjusted their price targets: Wedbush to $48, Guggenheim to $170, Oppenheimer maintained at $134, and Needham at $145. PRAX shares fell 1.7% to $51.33.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 7:15 pm

ASIA

BABA

CLIX

EBIZ

ONLN

PGJ

Bank of America is optimistic about Alibaba Group Holding Limited (NYSE:BABA), expecting a 6% year-over-year revenue increase for the first quarter. The revenue boost is attributed to the overhaul of Alibaba's Taobao platform. Analyst Joyce Ju reiterated an Outperform rating and raised the price target to $106. Despite this, Alibaba's shares and related ETFs saw a decline.

Portfolio Pulse from Michael Juliano

August 14, 2024 | 7:11 pm

WMT

Walmart Inc (NYSE:WMT) is set to report its Q2 earnings, with analysts expecting revenue of $168.57 billion and earnings per share of 64 cents. The company has a strong track record of beating estimates and is seen as a 'safe haven' in weak markets. Analysts are optimistic about Walmart's performance, citing potential for higher customer counts and increased ecommerce and advertising revenue.

Portfolio Pulse from Chris Katje

August 14, 2024 | 7:07 pm

ASXC

Asensus Surgical shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:07 pm