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SPY

The US NFIB Small Business Index for July increased to 93.7 from 91.5 in June, indicating improved sentiment among small businesses.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:04 am

HUYA

HUYA Inc. reported its Q2 2024 financial results, with adjusted EPADS of RMB0.41, missing the estimate of RMB0.50. Sales were RMB1.542 billion, also missing the estimate of RMB1.558 billion.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:03 am

HD

Home Depot (NYSE:HD) reported Q2 2024 adjusted EPS of $4.67, beating the estimate of $4.50, but sales of $43.175 billion missed the $43.376 billion estimate. EPS decreased by 0.21% year-over-year, while sales increased by 0.60%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:01 am

BA

Two NASA astronauts are stuck at the ISS due to technical issues with Boeing's Starliner spacecraft. The thrusters have leaks and power-down issues, making an immediate return unlikely. NASA may send a SpaceX Crew Dragon to bring them back. The delay has also postponed the Crew-9 mission launch.

Portfolio Pulse from Navdeep Yadav

August 13, 2024 | 9:55 am

FXI

NVDA

The Wall Street Journal reported that companies have started testing Huawei's new Ascend 910C chips, which aim to challenge Nvidia in the AI hardware market.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:45 am

TIGO

Atlas Luxco expressed disappointment over Millicom's independent committee's renewed negative recommendation. Atlas has increased its offer price for Millicom shares and Swedish Depositary Receipts to USD 25.75, a 7.3% increase from the initial offer. The offer expires on August 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:40 am

VGK

The Eurozone ZEW Economic Sentiment for August came in at 17.9, significantly below the estimated 35.4 and the prior 43.7. This indicates a sharp decline in economic confidence within the Eurozone.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:17 am

EWG

The ZEW Economic Sentiment Index for Germany in August came in at 19.2, significantly below the estimated 32.6 and the previous month's 41.8. This indicates a sharp decline in economic sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:16 am

EWG

The ZEW Indicator of Economic Sentiment for Germany in August has dropped to -77.3 from -68.9 in the previous month, indicating a worsening economic outlook.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:16 am

AIQ

AMZN

GOOG

GOOGL

META

NVDA

Barclays analysts warn that AI companies, including Nvidia, Alphabet, Meta, and Amazon, face significant depreciation costs that are not fully factored into current valuations. This could lead to a decline in stock prices over the next year. The Global X Artificial Intelligence & Technology ETF (AIQ) also saw a slight decline.

Portfolio Pulse from Shanthi Rexaline

August 13, 2024 | 8:57 am