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JD

PDD

JD.com shares are experiencing a decline due to PDD Holdings' disappointing Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:36 pm

DQ

DAQO New Energy shares fell after the company reported disappointing Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:32 pm

ALIT

Alight, Inc. has appointed Dave Guilmette as the new CEO while maintaining its 2024 second half business outlook. Guilmette will also continue as Vice Chair of the Board. Stephan Scholl steps down as CEO but remains as an advisor for six months.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:31 pm

SPY

The USA's durable goods orders excluding defense for July increased by 10.4%, a significant improvement from the revised -7.5% in the previous month. This indicates a strong rebound in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:30 pm

SPY

The USA Durable Goods Orders for July increased by 9.9%, significantly surpassing the estimated 4.0% and recovering from a revised -6.9% in the prior month. This indicates a strong rebound in manufacturing demand.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:30 pm

SPY

The USA Core Durable Goods Orders for July decreased by 0.2%, missing the estimated 0.0% and down from the previous 0.1%. This indicates a potential slowdown in economic activity.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:30 pm

JWN

Nordstrom, Inc. (NYSE:JWN) is set to release its Q2 earnings report, with analysts expecting a decrease in earnings per share compared to last year. The company has declared a quarterly dividend of 19 cents per share, offering a 3.50% annual yield. Investors can earn $500 monthly from dividends with a significant investment. Nordstrom's stock recently gained 2.7%.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:28 pm

ANGO

DQ

ELF

GH

PDD

SM

WLKP

YRD

PDD Holdings reported a revenue miss for Q2 2024, causing its shares to drop 15.2% in pre-market trading. Other stocks like SM Energy, Westlake Chemical Partners, AngioDynamics, Daqo New Energy, Yiren Digital, elf Beauty, and Guardant Health also saw declines in pre-market trading.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:25 pm

BABA

BIDU

NVDA

Chinese AI developers are bypassing U.S. semiconductor sanctions by using Nvidia chips through overseas data centers. Alibaba, Tencent, and Baidu are increasing investments in AI infrastructure. Nvidia's stock has surged due to AI demand, while Alibaba's stock has declined due to economic challenges and sanctions.

Portfolio Pulse from Anusuya Lahiri

August 26, 2024 | 12:17 pm

SHIBUSD

Shiba Inu (SHIB) has surged 14% over the past week due to community developments and positive trader outlooks. The cryptocurrency plans to launch a decentralized autonomous organization (DAO) to empower holders with voting rights, enhancing its governance structure. Increased transactions and bullish sentiment suggest potential further gains.

Portfolio Pulse from Khyathi Dalal

August 26, 2024 | 12:17 pm