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NVDA

Nvidia's CEO has stated that the demand for their Hopper product remains strong, and there is incredible anticipation for their upcoming Blackwell product.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:23 pm

VSCO

Victoria's Secret & Co has announced an expected Q3 adjusted EPS between $(0.60) and $(0.80), significantly below the estimated $0.34. This indicates potential financial challenges for the company.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:23 pm

NVDA

NVIDIA projects its Q3 revenue to be $32.5 billion, slightly above the estimated $31.77 billion. The company also anticipates a GAAP gross margin of 74.4% and a non-GAAP gross margin of 75.0%.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:22 pm

NVDA

Nvidia's Board of Directors has approved an additional $50 billion in share repurchase authorization, with no expiration date. This move indicates confidence in the company's future prospects and could positively impact the stock price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:22 pm

NVDA

NVIDIA's Board of Directors has approved an additional $50 billion in share repurchase authorization, with no expiration date. This move follows $15.4 billion returned to shareholders in the first half of fiscal 2025 through share repurchases and dividends.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:22 pm

BABA

PDD

Alibaba shares are trading lower due to broader market sentiment affecting U.S.-listed Chinese stocks, influenced by PDD Holdings' earnings report. Despite this, Alibaba has potential catalysts like its expected inclusion in the Stock Connect program, which could increase liquidity. The company is also advancing its AI ambitions, although recent earnings showed mixed results.

Portfolio Pulse from Vaishali Prayag

August 28, 2024 | 8:20 pm

NVDA

NVIDIA reported Q2 2025 earnings per share of $0.68, surpassing the analyst estimate of $0.64. The company's sales reached $30.040 billion, exceeding the expected $28.684 billion and marking a 122.40% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:20 pm

APLD

Applied Digital reported a Q4 2024 adjusted EPS of $(0.36), missing the $(0.22) estimate, but sales of $43.699M beat the $37.607M estimate, marking a 98.30% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:20 pm

RDDT

User reports indicate that Reddit is experiencing issues, as noted by DownDetector. This could potentially affect user engagement and ad revenue for the platform.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:19 pm

VSCO

Victoria's Secret reported Q2 2024 earnings per share of $0.40, surpassing the analyst estimate of $0.36. Sales were $1.42 billion, slightly above the $1.41 billion estimate, but down 0.70% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:17 pm