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Deutsche Bank (NYSE:DB) reported a Q2 2024 GAAP EPS of €(0.28), missing the €(0.14) estimate, and a 247.37% decrease from last year's €0.19 EPS. However, sales were €7.589B, beating the €7.510B estimate and showing a 2.43% increase from last year's €7.409B.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 5:29 am

EQNR

Equinor has announced an ordinary cash dividend of $0.35 per share and an extraordinary cash dividend of $0.35 per share for the second quarter of 2024. The ex-date for the New York Stock Exchange is 19 November 2024, with the payment date set for 29 November 2024.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 5:06 am

EQNR

Equinor is set to commence the third tranche of its 2024 share buy-back program, with plans to purchase shares worth up to $528 million in the market. The total tranche, including shares to be redeemed from the Norwegian State, will amount to $1.6 billion and will conclude by October 22, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 5:04 am

GBTC

IBIT

Economist Peter Schiff conducted a poll on X, asking Bitcoin HODLers if they would sell their holdings if Bitcoin's value dropped below $15,000. The majority (85.3%) said they would continue to hold. Schiff also questioned the existence of Bitcoin ETFs, noting net outflows of $77.97 million across 11 spot Bitcoin ETFs. The iShares Bitcoin Trust (NASDAQ:IBIT) saw inflows of $71.94 million, while the Grayscale Bitcoin Trust (NYSE:GBTC) experienced outflows of $27.31 million.

Portfolio Pulse from Aniket Verma

July 24, 2024 | 4:01 am

TSLA

Elon Musk confirmed that funding for his new political action committee, 'The America PAC,' is much lower than the reported $45 million per month. Despite Musk's political activities, Tesla's Bitcoin holdings remained unchanged in Q2 2024. Tesla shares dropped 7.77% in after-hours trading following a 2.04% decline during regular hours.

Portfolio Pulse from Aniket Verma

July 24, 2024 | 3:40 am

GOOG

GOOGL

LMT

TSLA

UPS

Major U.S. indices closed lower due to earnings reports from Tesla, Alphabet, and others. Tesla's stock fell 2.04% after missing earnings expectations despite revenue growth. Alphabet's stock had mixed results, with revenue and earnings beating estimates but falling in after-hours trading. Lockheed Martin surged 5.63% on strong sales growth. Visa dipped 1.09% after mixed earnings results. UPS plummeted 12.05% due to declining revenue and earnings.

Portfolio Pulse from Benzinga Neuro

July 24, 2024 | 3:11 am

CBRG

Chain Bridge I (NASDAQ:CBRG) announced the acquisition of Phytanix Bio, a cannabinoid medicines innovator, for $58 million. The new entity, Phytanix Inc., will be listed on Nasdaq under the ticker 'PHYX'. The merger aims to advance therapeutic solutions for conditions with significant unmet medical needs.

Portfolio Pulse from Patricio Liddle

July 24, 2024 | 3:07 am

TSLA

Tesla's stock experienced a significant drop in after-hours trading following Elon Musk's bold statement on vehicle autonomy. Despite impressive second-quarter financial results, the stock fell due to mixed performance metrics and Musk's strong stance on autonomy.

Portfolio Pulse from Benzinga Neuro

July 24, 2024 | 2:54 am

BTCUSD

DOGEUSD

ETHUSD

GOOGL

TSLA

Bitcoin and Dogecoin saw declines while Ethereum remained steady amid Mt. Gox payouts. Bitcoin dropped to the $65,000 range as creditors received BTC on Kraken. Ethereum traded within the $3,400-$3,500 range with the debut of spot ETFs. Analysts highlighted key support levels for Bitcoin. The global cryptocurrency market contracted by 2.21%. Stocks also saw slight declines, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all inching lower.

Portfolio Pulse from Aniket Verma

July 24, 2024 | 2:25 am

TSLA

Elon Musk initiated a poll on X, formerly Twitter, asking if Tesla should invest $5 billion in his AI company, xAI. The poll is intended to gauge public opinion before seeking board and shareholder approval. Currently, over 70% of voters support the investment. Additionally, Tesla reported a 2% year-over-year increase in Q2 revenue, surpassing estimates, but its stock fell 7.8% in after-hours trading.

Portfolio Pulse from Ananya Gairola

July 24, 2024 | 1:46 am