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GDYN

Grid Dynamics Holdings (NASDAQ:GDYN) reported Q2 2024 adjusted EPS of $0.08, beating the estimate of $0.07. Sales were $83.037M, surpassing the $81.086M estimate and showing a 7.36% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:29 pm

NET

Cloudflare (NYSE:NET) reported strong Q2 earnings, with adjusted EPS of $0.20 beating the $0.14 estimate and sales of $401.00M surpassing the $394.69M estimate. This represents a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:29 pm

INTC

Intel Corp (NASDAQ: INTC) shares fell after reporting weak Q2 results, missing earnings and revenue estimates. The company announced a $10 billion cost-reduction plan, including a 15% headcount reduction and suspension of its dividend starting Q4 2024. Intel expects a Q3 loss and lower revenue.

Portfolio Pulse from Erica Kollmann

August 01, 2024 | 8:28 pm

AXTI

AXT (NASDAQ:AXTI) reported Q2 2024 GAAP EPS of $(0.04), beating the $(0.06) estimate. Sales were $27.923M, surpassing the $26.318M estimate. This represents a significant improvement over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:28 pm

CRSR

Corsair Gaming has revised its FY24 net revenue forecast downwards from $1.45B-$1.60B to $1.25B-$1.35B, below the estimated $1.445B. Despite this, the company expects revenue and adjusted EBITDA to improve through 2024 due to better margins, stabilized shipping costs, and tight expense controls.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:28 pm

AAPL

GOOG

META

RIVN

TSLA

Martha Stewart expressed her disappointment with Tesla Inc (NASDAQ:TSLA) and its CEO Elon Musk, citing concerns over the company's focus and the performance of its stock. Stewart, who owns shares in Tesla, also invested in other tech giants like Meta Platforms Inc (NASDAQ:META), Apple Inc (NASDAQ:AAPL), and Alphabet Inc (NASDAQ:GOOG). She recently purchased a Rivian Automotive Inc (NASDAQ:RIVN) vehicle, preferring it over Tesla's Cybertruck.

Portfolio Pulse from Adam Eckert

August 01, 2024 | 8:28 pm

CC

Chemours (NYSE:CC) reported Q2 earnings of $0.38 per share, missing the $0.57 estimate, and sales of $1.54 billion, slightly beating the $1.53 billion estimate. Earnings decreased by 65.45% year-over-year, while sales decreased by 6.22%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:28 pm

PRCT

PROCEPT BioRobotics (NASDAQ:PRCT) reported Q2 2024 GAAP EPS of $(0.50), beating the $(0.52) estimate. Sales were $53.353M, surpassing the $50.164M estimate and marking a 61.17% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:27 pm

RARE

Ultragenyx Pharmaceutical (NASDAQ:RARE) reported better-than-expected Q2 results with EPS of $(1.52) beating the $(1.72) estimate and sales of $147.03M surpassing the $123.18M estimate. This marks significant improvements over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:26 pm

SQ

Block's board has approved an increase in its share repurchase program, authorizing the purchase of up to an additional $3 billion of Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:26 pm