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AMK

AssetMark Financial Holdings (NYSE:AMK) reported Q2 2024 adjusted earnings per share (EPS) of $0.66, which met analyst expectations and represented a 20% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:28 pm

NFLX

Netflix reported strong Q2 earnings with revenue and EPS beating estimates. The company saw significant growth in ad-supported memberships and announced a new 'Squid Game' multiplayer game. However, Netflix shares fell 3% in after-hours trading.

Portfolio Pulse from Chris Katje

July 18, 2024 | 8:27 pm

RGP

Resources Connection (NASDAQ:RGP) reported Q4 adjusted EPS of $0.28, significantly beating the $0.07 estimate. Sales were $148.20M, also surpassing the $140.60M estimate. However, both EPS and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:25 pm

SPWR

SunPower Corporation (NASDAQ:SPWR) shares fell sharply after the company announced an operational pause and received an analyst downgrade. The company is halting new product shipments and deactivating lease and power purchase agreements to address financial challenges. Additionally, SunPower has faced several issues, including a subpoena from the SEC, CEO departure, and auditor resignation.

Portfolio Pulse from Vaishali Prayag

July 18, 2024 | 8:25 pm

SCLX

Scilex Holding Company (SCLX) has a selling shareholder who has filed for the sale of up to 3.5 million shares. This move could potentially impact the stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:24 pm

BTCUSD

DOGEUSD

ETHUSD

RNDRUSD

SHIBUSD

SOLUSD

Cryptocurrency markets are trading lower following a $230 million hack on Indian crypto exchange WazirX. Bitcoin, Ethereum, and Dogecoin are among the notable cryptocurrencies experiencing declines. Key metrics show a decrease in large transaction volumes and daily active addresses, while exchange netflows have risen significantly. Analysts have mixed predictions for Bitcoin's short-term performance, with some seeing potential for a bullish August if Bitcoin holds above $62,750, while others predict a bearish retest.

Portfolio Pulse from Khyathi Dalal

July 18, 2024 | 8:23 pm

SIGI

Selective Insurance Group (NASDAQ: SIGI) reported a Q2 2024 adjusted EPS of $(1.10), significantly missing the analyst estimate of $1.49. The company also reported sales of $1.196 billion, slightly below the $1.204 billion estimate. Despite the misses, sales increased by 10.23% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:22 pm

PINE

Alpine Income Prop Trust (NYSE:PINE) reported Q2 earnings of $0.43 per share, beating the analyst estimate of $0.39. Sales were $12.49 million, also surpassing the $11.96 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:17 pm

SCHL

Scholastic (NASDAQ:SCHL) reported Q4 2024 earnings of $1.73 per share, missing the analyst estimate of $2.66 by 34.96%. Sales were $474.9M, missing the $552.496M estimate by 14.04%. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:17 pm

OCFC

OceanFirst Financial (NASDAQ:OCFC) reported Q2 2024 earnings per share of $0.40, missing the analyst estimate of $0.43. The company also reported sales of $82.3 million, falling short of the $85.459 million estimate and marking a 10.65% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:16 pm