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CAN

Canaan (NASDAQ:CAN) reported Q2 2024 earnings per ADS of $(0.15), missing the $(0.02) estimate by 650%. However, sales of $71.86M beat the $51.90M estimate by 38.45%, despite a 2.70% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 9:35 am

NICE

NICE reported its Q2 2024 adjusted EPS of $2.64, beating the estimate of $2.58. The company also reported sales of $664.4 million, surpassing the estimate of $663.483 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 9:32 am

RWLK

Rewalk Robotics reported a Q2 2024 GAAP EPS of $(0.50), missing the $(0.40) estimate. Sales were $6.707M, falling short of the $8.406M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 9:21 am

EWU

The U.K. Labour Productivity for Q2 came in at 0.1%, beating the estimated -0.3% and improving from the revised prior figure of -0.2%.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 9:16 am

WENA

ANEW Medical, Inc. (NASDAQ:WENA) has secured a U.S. patent for its Klotho gene therapy targeting neurodegenerative diseases. This patent strengthens ANEW's IP portfolio, which includes exclusive worldwide rights to develop and commercialize treatments for conditions like Alzheimer's, ALS, and Parkinson's disease.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 9:03 am

WZZZY

Wizz Air (OTC:WZZZY) has introduced a $550 annual pass for unlimited flights to attract customers amid declining profits and customer satisfaction. The pass will increase to 599 euros after Friday and includes additional fees for bookings and luggage. This move follows similar initiatives by U.S. carriers like Frontier Airlines.

Portfolio Pulse from Benzinga Neuro

August 15, 2024 | 8:29 am

CMG

SBUX

Starbucks' new CEO, Brian Niccol, will receive a $113 million compensation package and remote working privileges. Niccol's leadership at Chipotle saw an 800% stock price surge, and his appointment is seen as a win for Starbucks. The market reacted with a 20% surge in Starbucks' shares and a 10% drop in Chipotle's stock.

Portfolio Pulse from Benzinga Neuro

August 15, 2024 | 8:25 am

GOOG

GOOGL

Gene Munster from Deepwater Asset Management discussed the potential breakup of Alphabet Inc. (GOOG, GOOGL) on CNBC's 'Fast Money,' suggesting it could unlock 20% value. However, he believes the probability of a voluntary breakup is exceptionally low. The discussion comes amid ongoing DOJ investigations into Google's market dominance.

Portfolio Pulse from Ananya Gairola

August 15, 2024 | 8:23 am

ABNB

AMZN

WMT

Walmart Inc. (NYSE:WMT) is set to release its Q2 earnings, with analysts expecting stable consumer spending trends despite recent gloomy forecasts from Amazon (NASDAQ:AMZN) and Airbnb (NASDAQ:ABNB). Analysts are optimistic about Walmart's performance due to its investments in automation and growth in advertising and fulfillment businesses.

Portfolio Pulse from Navdeep Yadav

August 15, 2024 | 8:14 am

INTC

NVDA

TSM

SoftBank's plans to produce an AI chip to rival Nvidia have hit a roadblock as talks with Intel fell through. SoftBank is now looking to Taiwan Semiconductor Manufacturing Co. for production. This shift comes amid Intel's cost-cutting measures and layoffs.

Portfolio Pulse from Benzinga Neuro

August 15, 2024 | 7:29 am