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AMD

COIN

PINS

Cathie Wood-led Ark Invest made significant trades in AMD, Pinterest, and Coinbase. Ark purchased $47.5M in AMD shares and $12.7M in Pinterest shares, while reducing its Coinbase exposure by $2.7M amid a Bitcoin drop. Other trades included buying Guardant Health and Intellia Therapeutics, and selling Zoom, Teladoc, and Veracyte shares.

Portfolio Pulse from Benzinga Neuro

August 01, 2024 | 2:53 am

BTCUSD

DOGEUSD

ETHUSD

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced sharp declines amid escalating geopolitical tensions between Iran and Israel. Bitcoin's price dropped significantly, causing a ripple effect on other major altcoins. The market sentiment shifted from 'Greed' to 'Neutral,' and significant liquidations occurred. In contrast, US stock indices surged following dovish comments from Federal Reserve Chair Jerome Powell.

Portfolio Pulse from Aniket Verma

August 01, 2024 | 2:42 am

META

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg announced that the company's Llama 3.1 model has better cost performance than OpenAI's ChatGPT. He emphasized the benefits of open-source AI, predicting it will become the industry standard. Meta reported strong Q2 earnings, with revenue and adjusted earnings surpassing analyst expectations. Meta shares surged by 7.17% in after-hours trading.

Portfolio Pulse from Ananya Gairola

August 01, 2024 | 2:03 am

FOX

FOXA

NXST

NYT

Jim Cramer on CNBC's 'Mad Money' highlighted Fox Corporation, The New York Times Company, and Nexstar Media Group as potential winners in the media sector due to the upcoming presidential election. Increased viewership and political ad spending are expected to boost their revenues.

Portfolio Pulse from Benzinga Neuro

August 01, 2024 | 1:59 am

EVOK

Trading for EVOK was halted at 7:50:00 p.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:50 pm

QQQY

Trading has been halted for an unspecified reason at 7:50:00 p.m. ET, with news pending. The halt affects QQQY.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:50 pm

RELY

Remitly has revised its FY24 total revenue guidance from a range of $1.225 billion - $1.25 billion to $1.23 billion - $1.25 billion, with an estimated revenue of $1.238 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:39 pm

WEAV

Weave has announced its Q3 total revenue expectations to be between $50.7M and $51.7M, surpassing the estimated $50.36M. Additionally, the company has raised its FY24 outlook from $197M - $200M to $201M - $203M, exceeding the estimated $198.51M.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:27 pm

OSTX

OS Therapies has priced its IPO at $4.00 per share, raising $6.4M. The funds will be used for clinical development of OST-HER2 and OST-tADC, new product discovery, and general corporate purposes. Trading on the NYSE American under the symbol 'OSTX' begins August 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:24 pm

QTWO

Q2 Holdings (NYSE:QTWO) reported Q2 2024 earnings of $0.38 per share, beating the analyst consensus estimate of $0.31 by 22.58%. The company also reported quarterly sales of $172.890 million, surpassing the $170.933 million estimate by 1.15%. This represents an 11.88% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:15 pm