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BBJP

DXJ

EWJ

Japan's industrial production for June fell by 3.6% month-over-month, which is better than the estimated decline of 4.2% but worse than the previous month's increase of 3.6%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:20 am

BBJP

DXJ

EWJ

The Bank of Japan has decided to raise its interest rate to 0.25%, up from the previous 0.10% and higher than the estimated 0.10%. This decision could impact various Japan-focused ETFs listed in the US.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:19 am

MSFT

Microsoft CEO Satya Nadella reported significant growth and engagement on LinkedIn during the company's fourth-quarter earnings call. LinkedIn saw a 34% increase in video content and a 51% rise in Premium sign-ups. Despite Elon Musk's criticism of LinkedIn and promotion of his platform X, Microsoft reported a 10% revenue increase for LinkedIn. Microsoft shares fell 2.72% in after-hours trading following the earnings report.

Portfolio Pulse from Ananya Gairola

July 31, 2024 | 3:40 am

AMD

MSFT

NVDA

Microsoft has enhanced its Azure AI capabilities by integrating OpenAI models and advanced hardware accelerators from NVIDIA and AMD. Despite positive developments, Microsoft's stock faced a short-term dip due to Azure underperformance and a Microsoft 365 outage.

Portfolio Pulse from Kaustubh Bagalkote

July 31, 2024 | 3:39 am

MARA

MSTR

Economist Peter Schiff criticized companies like MicroStrategy and Marathon Digital Holdings for holding Bitcoin as a treasury asset, calling it a gamble with shareholder funds. Schiff's comments were in response to MicroStrategy co-founder Michael Saylor's support for Bitcoin on corporate balance sheets.

Portfolio Pulse from Aniket Verma

July 31, 2024 | 3:37 am

AAPL

BTCUSD

DOGEUSD

ETHUSD

MSFT

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, edged lower as Mt. Gox moved billions in Bitcoin out of its cold wallet. Ethereum saw net outflows from newly-listed spot ETFs, but analysts predict a potential bull run for ETH. The Nasdaq Composite and S&P 500 slipped, while the Dow Jones gained ahead of Microsoft's earnings report.

Portfolio Pulse from Aniket Verma

July 31, 2024 | 3:01 am

AAPL

AMD

AMZN

MSFT

NVDA

AMD's second-quarter results exceeded expectations, leading to a significant surge in its stock price. Revenue rose by 9% to $5.84 billion, and adjusted earnings per share increased by 19% to 69 cents. The company's data center business and new AI chip, MI300X, were pivotal. Jim Cramer praised CEO Lisa Su for the success. AMD's stock jumped over 7% in after-hours trading.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 2:55 am

AMD

META

MSFT

NVDA

TSLA

On Tuesday, major U.S. indices showed mixed results. Nvidia, AMD, Microsoft, Meta, and Tesla were the top stocks on investors' radars. Nvidia and AMD saw significant after-hours trading gains due to AMD's strong earnings. Microsoft reported a 15% YoY increase in revenue, while Meta is set to report its earnings with a focus on AI. Tesla is recalling over 1.8 million vehicles due to safety concerns.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 2:24 am

AMD

NVDA

AMD CEO Lisa Su expressed confidence in the company's product positioning despite underrepresentation in the PC market. AMD's second-quarter earnings showed growth, driven by data center revenue and client business performance. AMD and Nvidia are planning to launch Arm-based CPUs for Windows PCs by 2025.

Portfolio Pulse from Ananya Gairola

July 31, 2024 | 2:11 am

AAPL

GOOG

GOOGL

META

MSFT

NVDA

TSM

Gene Munster of Deepwater Asset Management predicts a short-term decline in AI stocks due to Microsoft's Azure underperformance, but remains optimistic about the sector's long-term prospects. Microsoft's increased Capex is seen as beneficial for companies like Nvidia and TSMC in the long run.

Portfolio Pulse from Kaustubh Bagalkote

July 31, 2024 | 1:56 am