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NVDA

TSM

Macquarie has identified 10 Asian stocks, including TSMC and SK Hynix, as top buying opportunities amidst global market volatility. These stocks are seen as resilient to recession fears and are expected to rebound strongly.

Portfolio Pulse from Surbhi Jain

August 07, 2024 | 1:16 pm

BTCUSD

ETHUSD

The crypto community has mixed reactions to Kamala Harris's choice of Tim Walz as her running mate. While neither has publicly shared their stance on cryptocurrencies, some investors are hopeful for clarity soon. Walz's regulatory history on crypto kiosks and his perceived strict regulatory stance have drawn both support and criticism.

Portfolio Pulse from Pooja Rajkumari

August 07, 2024 | 1:16 pm

SHOP

Shopify Inc (NYSE:SHOP) reported strong Q2 2024 earnings, with revenue and EPS beating analyst estimates. Revenue grew 21% YoY to $2.05 billion, and adjusted EPS was $0.26. Gross merchandise volume increased 22% YoY to $67.2 billion. The company provided a strong Q3 outlook, expecting revenue growth in the low-to-mid-twenties percentage rate YoY.

Portfolio Pulse from Anusuya Lahiri

August 07, 2024 | 1:14 pm

AAPL

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading slightly higher in the premarket session after announcing the successful launch of linear TV streaming on iOS devices. The company aims to expand its streaming services and gain full control over its tech delivery stack. DJT stock has gained over 75% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

August 07, 2024 | 1:14 pm

BLDR

Builders FirstSource shares are trading higher after Baird upgraded the stock from Neutral to Outperform and raised its price target from $185 to $190.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:13 pm

INTR

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

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:12 pm

WMG

Warner Music Group (WMG) reported Q3 2024 GAAP EPS of $0.27, beating the estimate of $0.25. However, sales were $1.554 billion, missing the estimate of $1.564 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:11 pm

AHR

CHCT

HHH

HPP

OPEN

PKST

REZ

VNQ

Mortgage rates have fallen to their lowest levels in over a year due to expectations of Federal Reserve rate cuts, boosting homebuyer demand and refinancing activity. This has led to a surge in mortgage applications and a significant rise in shares of real estate companies and ETFs.

Portfolio Pulse from Piero Cingari

August 07, 2024 | 1:11 pm

TNGX

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

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:06 pm

CVS

CVS Health Corp (NYSE:CVS) reported mixed Q2 earnings, missing revenue expectations but beating EPS estimates. The company lowered its 2024 outlook and announced leadership changes in its Health Care Benefits segment. CVS stock has been volatile, with a slight premarket increase.

Portfolio Pulse from Vandana Singh

August 07, 2024 | 1:04 pm