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JD

JD.Com shares are experiencing a decline as Walmart plans to sell its stake in the company.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 11:00 am

M

Macy's has revised its 2024 net sales outlook to $22.1B-$22.4B, down from the previous $22.3B-$22.9B. The company also expects a 0.5-2% year-over-year decline in comparable owned-plus-licensed-plus-marketplace sales.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 10:58 am

M

Macy's shares are experiencing a decline due to missing Q2 revenue expectations.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 10:56 am

KEYS

Keysight Technologies shares rose after the company reported better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 10:53 am

APIE

AVIV

TM

Toyota plans to install a gigacasting machine in Japan to reduce EV production costs, following Tesla's successful strategy. This move aims to enhance production efficiency and reduce vehicle weight. Toyota's stock has gained 14% in the last year, with shares up 1.74% premarket.

Portfolio Pulse from Lekha Gupta

August 21, 2024 | 10:45 am

TGT

Target's shares rose following the release of their Q2 financial results, which exceeded expectations. The company also increased its FY24 EPS outlook.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 10:36 am

TGT

Target has raised its FY24 adjusted EPS outlook to $9.00-$9.70 from the previous $8.60-$9.60, citing strong profit performance in the first half of the year. The company expects a 0 to 2 percent increase in comparable sales for the third quarter, with GAAP and adjusted EPS projected at $2.10 to $2.40.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 10:34 am

BITF

SDIG

Stronghold shareholders will receive 2.52 shares of Bitfarms for each Stronghold share, valuing each Stronghold share at $6.02. Post-transaction, Stronghold shareholders will own just under 10% of the combined company. The merger aims to enhance Bitfarms' energy capacity significantly by 2025.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 10:34 am

TGT

Target's Q2 results show a 2% increase in comparable store sales and an 8.7% rise in digital sales, with traffic up 3%. All core categories saw growth, and discretionary sales improved, notably in Apparel.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 10:32 am

ZK

Zeekr Intelligent Technology Holding (NYSE: ZK) reported strong Q2 2024 results with a 100% increase in vehicle deliveries and a 58.4% rise in revenue, surpassing analyst expectations. Despite a challenging market, the company improved its margins and saw significant growth in various revenue streams.

Portfolio Pulse from Anusuya Lahiri

August 21, 2024 | 10:14 am