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AFRM

Affirm Holdings Inc. (NASDAQ:AFRM) shares surged after reporting strong Q4 earnings and providing positive Q1 guidance. The company reported a smaller-than-expected loss and significant revenue growth, with transactions and active merchants also increasing. Affirm's outlook for Q1 revenue exceeds analyst estimates.

Portfolio Pulse from Erica Kollmann

August 28, 2024 | 8:54 pm

BIG

Big Lots shares are declining following reports that the company is contemplating filing for bankruptcy.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:47 pm

TCS

The Container Store has approved a 1-for-15 reverse stock split of its common stock, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:46 pm

CRWD

CrowdStrike Holdings Inc (NASDAQ:CRWD) reported strong Q2 earnings, beating revenue and EPS estimates. Despite a July IT outage, the company showed resilience with a 32% increase in annual recurring revenue. However, future guidance is below expectations due to customer incentives related to the outage.

Portfolio Pulse from Adam Eckert

August 28, 2024 | 8:45 pm

NOAH

Noah Holdings has announced a $50 million share repurchase program, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:42 pm

NOAH

Noah Holdings Limited has announced a $50 million share repurchase program for its American depositary shares or ordinary shares, effective immediately, with a two-year term. This move is part of the company's strategy to enhance shareholder returns.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:41 pm

NVDA

SOX

Nvidia's Q2 earnings and revenue exceeded expectations, driven by strong data center revenue. Despite issuing positive Q3 guidance and announcing a $50 billion stock repurchase, Nvidia's stock fell 3.6% in after-hours trading due to concerns over gross margin contraction and potential delays in the Blackwell AI chip. Nvidia's stock has gained 154% year-to-date, outperforming major indices.

Portfolio Pulse from Shanthi Rexaline

August 28, 2024 | 8:40 pm

OKTA

Okta, Inc. (NASDAQ:OKTA) reported strong Q2 results, beating EPS and sales estimates, and achieving record profitability. The company also provided a positive outlook for Q3 and fiscal year 2025. Despite the positive results, Okta shares fell 7.64% after-hours.

Portfolio Pulse from Erica Kollmann

August 28, 2024 | 8:39 pm

ICD

The New York Stock Exchange (NYSE) has announced it will begin delisting proceedings against Independence Contract Drilling, Inc. (ICD). This decision follows ICD's failure to meet the NYSE's continued listing standards.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:39 pm

CRM

Salesforce reported strong Q2 earnings, beating revenue and EPS estimates. The company highlighted its new AI platform and announced a CFO transition. Salesforce raised its full-year earnings outlook, and shares rose 3.51% after hours.

Portfolio Pulse from Adam Eckert

August 28, 2024 | 8:35 pm