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EWW

Mexican financial assets are under pressure due to a controversial judicial reform proposal, leading to a decline in the iShares MSCI Mexico ETF (EWW) and the Mexican peso. The reform, supported by President-elect Claudia Sheinbaum, faces criticism for potentially compromising judicial independence. Diplomatic tensions with the U.S. have risen, and rating agencies and investment banks have expressed concerns about the economic impact, with Morgan Stanley downgrading Mexico to Underweight.

Portfolio Pulse from Piero Cingari

August 27, 2024 | 8:10 pm

BOX

Box shares rose following the release of Q2 financial results that exceeded expectations, along with optimistic Q3 and FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:09 pm

JWN

Nordstrom has released its fiscal year 2024 adjusted earnings per share (EPS) guidance, projecting a range of $1.75 to $2.05. This is compared to the analyst estimate of $1.92.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:07 pm

BOX

Box Inc. reported better-than-expected Q2 2025 earnings with an adjusted EPS of $0.44, surpassing the $0.40 estimate. Sales also exceeded expectations at $270.039 million, marking a 3.29% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:06 pm

JWN

Nordstrom reported Q2 2024 earnings per share of $0.96, surpassing the expected $0.71, but slightly missed sales estimates with $3.894 billion against the expected $3.896 billion. Sales increased by 3.23% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:06 pm

MNPR

Monopar Therapeutics has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:06 pm

NVDA

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are experiencing a downturn as traders anticipate economic data releases and Nvidia's earnings. Despite the decline, Bitcoin's transaction volume and active addresses have surged, with many traders going long. The SEC is set to challenge Kraken, and Nasdaq seeks approval for Bitcoin index options.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 8:06 pm

OCS

Oculis Holding reported a Q2 2024 GAAP EPS of $(0.56), missing the $(0.40) estimate, but sales of $270.887K beat the $258.600K estimate. Sales increased by 10.57% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:02 pm

OKE

ONEOK (NYSE:OKE) has outperformed the market over the past 20 years with an average annual return of 10.57%, surpassing the market by 2.18% annually. A $1000 investment in OKE 20 years ago would now be worth $7,439.06, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 8:00 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) has significantly outperformed the market over the past 20 years, with an average annual return of 22.31%. A $1000 investment in ORLY 20 years ago would now be worth $56,214.05, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 8:00 pm