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AMAT

AMD

MU

NVDA

SMCI

Chip and AI-related stocks are experiencing a decline following NVIDIA's drop after its Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:28 pm

PSTG

Pure Storage shares declined following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:28 pm

ANF

FL

LULU

Lululemon shares fell due to broader sector weakness after Foot Locker and Abercrombie & Fitch reported earnings. Despite better-than-expected results, these reports failed to boost sector confidence. Lululemon is set to release its earnings soon, with analysts maintaining a positive outlook.

Portfolio Pulse from Vaishali Prayag

August 28, 2024 | 8:28 pm

NTNX

Nutanix shares rise as the company reports strong Q4 results and provides optimistic revenue guidance for Q1 and FY25.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:26 pm

NDRA

ENDRA Life Sciences Inc. has been granted an extension by Nasdaq to regain compliance with the $1.00 bid price requirement for continued listing. The company has until November 20, 2024, to achieve a closing bid price of at least $1.00 per share for 10 consecutive trading sessions.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:24 pm

GES

Guess? Inc. has lowered its fiscal year 2025 outlook due to a softer consumer environment, indicating potential challenges in consumer spending and demand for its products.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:23 pm

NVDA

NVIDIA shares are experiencing a decline in trading following the release of their Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:23 pm

NVDA

Nvidia's CEO has stated that the demand for their Hopper product remains strong, and there is incredible anticipation for their upcoming Blackwell product.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:23 pm

VSCO

Victoria's Secret & Co has announced an expected Q3 adjusted EPS between $(0.60) and $(0.80), significantly below the estimated $0.34. This indicates potential financial challenges for the company.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:23 pm

NVDA

NVIDIA projects its Q3 revenue to be $32.5 billion, slightly above the estimated $31.77 billion. The company also anticipates a GAAP gross margin of 74.4% and a non-GAAP gross margin of 75.0%.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:22 pm