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BZ

KANZHUN, the parent company of BOSS Zhipin, has repurchased $44 million worth of shares under its current repurchase program. The company has shown strong financial performance with a 33% increase in revenue and a 117% increase in adjusted net income for Q1 2024 compared to Q1 2023.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:28 am

AB

AllianceBernstein Holding (NYSE: AB) reported Q2 2024 adjusted EPS of $0.71, beating the $0.67 estimate, and sales of $1.027 billion, surpassing the $804.613 million estimate. This represents a 16.39% increase in EPS and a 1.88% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:28 am

DIA

GLD

QQQ

SPY

On July 25th, U.S. stock markets closed mixed with the Dow Jones Industrial Average rising due to strong GDP data, while the S&P 500 and Nasdaq Composite fell. Initial jobless claims dropped, and the economy grew by 2.8% in Q2. Asian and European markets mostly advanced, and commodities showed mixed performance.

Portfolio Pulse from Akanksha Bakshi

July 26, 2024 | 10:27 am

FMCX

INST

KKR

LBO

KKR & Co. Inc. (NYSE:KKR) has agreed to acquire Instructure Holdings, Inc. (NYSE:INST) for $4.8 billion in an all-cash deal, representing a 16% premium over Instructure's unaffected share price. The transaction is expected to close later this year, after which Instructure will be delisted from the NYSE and become privately held. KKR's stock has gained around 92% in the last 12 months, and investors can gain exposure via FM Focus Equity ETF (NYSE:FMCX) and EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS:LBO).

Portfolio Pulse from Lekha Gupta

July 26, 2024 | 10:19 am

BA

TSLA

The return of astronauts aboard Boeing's Starliner spacecraft remains uncertain due to technical issues, with NASA considering using SpaceX's Dragon spacecraft as a backup. The Starliner has faced multiple delays since its inception, and its success is crucial for Boeing to join SpaceX in shuttling astronauts to and from the ISS.

Portfolio Pulse from Anan Ashraf

July 26, 2024 | 10:18 am

CRI

Carter's has announced its Q3 sales forecast of $735M - $755M, which is below the estimated $805.92M. The adjusted EPS is projected to be between $1.10 and $1.35, also falling short of the estimated $1.88.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:18 am

POR

Portland General Electric (NYSE: POR) reported Q2 2024 GAAP EPS of $0.69, beating the $0.61 estimate. Sales were $758 million, surpassing the $715.055 million estimate. This represents a 76.92% increase in EPS and a 16.98% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:17 am

CRI

Carter's has revised its FY24 sales forecast to $2.785 billion - $2.825 billion, down from the previous estimate of $2.92 billion. Additionally, the company has adjusted its EPS forecast to $4.60 - $5.05, compared to the earlier estimate of $6.2.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:16 am

CRI

Carter's (NYSE:CRI) reported Q2 earnings of $0.76 per share, beating the analyst estimate of $0.49 by 55.1%. However, sales of $564.40 million missed the $568.16 million estimate, marking a 5.96% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:13 am

BA

SPR

Boeing's CEO search intensifies with Stephanie Pope taking center stage at the Farnborough International Airshow. Pope, currently leading Boeing's commercial airplane unit, is seen as a strong internal candidate. Boeing faces financial instability, regulatory trust issues, and internal labor challenges. The stock closed at $184.35, up 2.38% for the day.

Portfolio Pulse from Benzinga Neuro

July 26, 2024 | 10:11 am