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SONY

Sony Group has provided its fiscal 2024 outlook, expecting sales of ¥12.61 trillion ($79.64 billion) and adjusted EBITDA of ¥1.99 trillion ($13.31 billion). The company has reiterated its operating margin of 10.4%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 7:01 am

CAT

CVS

DIS

MCK

META

NVDA

YUM

The Dow Jones snapped a 3-session losing streak as tech stocks like Nvidia and Meta surged. The CNN Money Fear and Greed index showed slight improvement but remained in the 'Extreme Fear' zone. The U.S. trade deficit shrank to $73.1 billion in June. Caterpillar and Yum! Brands reported better-than-expected earnings. Investors are awaiting earnings from McKesson, Disney, and CVS Health.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 6:47 am

NVO

Novo Nordisk (NYSE:NVO) reported Q2 2024 earnings per share (EPS) of DKK 4.49, missing the analyst estimate of DKK 5.05 by 11.09%. Sales were DKK 68.060 billion, also missing the estimate of DKK 68.654 billion by 0.87%. Despite the misses, EPS increased by 3.94% and sales by 25.34% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:45 am

AAPL

Apple Inc. (NASDAQ:AAPL) is using prompt engineering to enhance its AI features in the latest macOS beta, aiming to improve accuracy and prevent hallucinations. Hidden AI prompts were discovered, revealing Apple's efforts to ensure user-friendly and appropriate content generation. The AI features are set to roll out in iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1 later this year.

Portfolio Pulse from Rounak Jain

August 07, 2024 | 6:31 am

SPWR

SWI

SolarWinds Corp. (NYSE: SWI) will replace SunPower Corp. (NASD: SPWR) in the S&P SmallCap 600 index following SunPower's Chapter 11 bankruptcy filing. The change will be effective prior to the opening of trading on Friday, August 9.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:28 am

CVS

DIS

MCK

RIVN

WIX

Key stocks to watch include McKesson, Wix.com, Disney, Rivian Automotive, and CVS Health. McKesson and Wix.com reported positive earnings, while Rivian Automotive reported a wider-than-expected loss. Disney and CVS Health are expected to release their earnings soon.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 6:12 am

EWG

Germany's trade balance for June came in at 20.4 billion euros, missing the estimated 21.7 billion euros and down from the prior 24.9 billion euros.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:04 am

EWG

Germany's industrial production for July increased by 1.4% month-over-month, surpassing the estimated 1.0% and recovering from a revised -3.1% in the prior month.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:03 am

EWU

The U.K. Halifax House Price Index for July showed a year-over-year increase of 2.3%, up from the revised prior figure of 1.9%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:02 am

EWU

The U.K. Halifax House Price Index for July showed a 0.8% increase month-over-month, significantly higher than the estimated 0.2% and the prior month's -0.2%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:02 am