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AMD

FGEN

MGNX

NUZE

PITA

PMEC

Shares of Advanced Micro Devices, Inc. (AMD) surged over 9% in pre-market trading after reporting better-than-expected Q2 earnings and sales. Several other stocks also saw significant pre-market movements, including Primech Holdings Ltd. (PMEC), Heramba Electric plc (PITA), and NuZee, Inc. (NUZE) among gainers, and FibroGen, Inc. (FGEN) and MacroGenics, Inc. (MGNX) among losers.

Portfolio Pulse from Avi Kapoor

July 31, 2024 | 9:46 am

NKLA

Nikola Corporation (NASDAQ:NKLA) has partnered with ITD Industries to launch the first commercial hydrogen refueling station for heavy-duty transportation in Ontario. This station is a significant milestone in decarbonizing Canada's busiest commercial transport sector and is part of a broader plan to build a hydrogen fueling corridor across Ontario. Nikola is also eligible for the iMHZEV Program, which offers substantial incentives for its hydrogen fuel cell and battery-electric trucks. Recently, Nikola regained compliance with Nasdaq listing rules and reported higher-than-expected truck sales in the second quarter.

Portfolio Pulse from Lekha Gupta

July 31, 2024 | 9:45 am

MSFT

Microsoft's AI-powered developer tool, Copilot, has significantly contributed to GitHub's revenue growth, accounting for over 40% of its revenue increase. The tool has been adopted by over 77,000 organizations, leading to GitHub's annual revenue run rate reaching $2 billion. Microsoft is also integrating generative AI across its Power Platform, with over 480,000 organizations using these capabilities. Despite positive financial results, Microsoft shares fell 2.81% in after-hours trading.

Portfolio Pulse from Ananya Gairola

July 31, 2024 | 9:44 am

ATHM

Autohome reported Q2 2024 adjusted earnings per ADS of RMB4.71, beating the estimate of RMB4.09. Sales were in line with expectations at RMB1.873 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:37 am

ALXO

ALX Oncology Holdings Inc. (NASDAQ:ALXO) will announce Phase 2 trial results for evorpacept in treating advanced HER2-positive gastric cancer at 4:30 PM EDT today. The company will host an investor conference call and webcast to share the topline data results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:35 am

RDWR

Radware (NASDAQ:RDWR) has launched EPIC-AI, an AI-powered enhancement to its cybersecurity and application delivery solutions. This new technology aims to improve real-time attack detection, reduce mean time to resolution, and provide consistent protection across various environments.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:33 am

AMD

ASML

NVDA

ASML shares surged over 7% following the Biden administration's announcement of a new rule on foreign chip equipment exports to China, which exempts key allies like Japan, the Netherlands, and South Korea. This rule positively impacted other major chip makers like NVIDIA and AMD.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 9:31 am

VGK

The Eurozone Consumer Price Index (CPI) for July came in at 2.6% year-over-year, slightly above the estimated 2.5% and the prior 2.5%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:28 am

VGK

The Eurozone Consumer Price Index (CPI) for July remained flat at 0.0%, compared to a 0.2% increase in the previous month. This indicates a slowdown in inflationary pressures within the Eurozone.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:28 am

VGK

The Eurozone Core Consumer Price Index (CPI) for July came in at 2.9% year-over-year, slightly above the estimated 2.8% and matching the prior month's figure of 2.9%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:28 am