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AMD

ASML

NVDA

ASML shares surged over 7% following the Biden administration's announcement of a new rule on foreign chip equipment exports to China, which exempts key allies like Japan, the Netherlands, and South Korea. This rule positively impacted other major chip makers like NVIDIA and AMD.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 9:31 am

VGK

The Eurozone Consumer Price Index (CPI) for July came in at 2.6% year-over-year, slightly above the estimated 2.5% and the prior 2.5%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:28 am

VGK

The Eurozone Consumer Price Index (CPI) for July remained flat at 0.0%, compared to a 0.2% increase in the previous month. This indicates a slowdown in inflationary pressures within the Eurozone.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:28 am

VGK

The Eurozone Core Consumer Price Index (CPI) for July came in at 2.9% year-over-year, slightly above the estimated 2.8% and matching the prior month's figure of 2.9%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:28 am

BTCUSD

Nobel laureate Paul Krugman criticized Donald Trump's support for Bitcoin, calling it a 'government bailout' of a scandal-ridden industry. Krugman questioned the economic utility of Bitcoin and highlighted its association with money laundering and extortion. Despite past criticisms, Bitcoin has seen a significant price increase since the collapse of FTX in 2022.

Portfolio Pulse from Aniket Verma

July 31, 2024 | 9:13 am

EDU

New Oriental Education (NYSE:EDU) reported Q4 2024 adjusted EPS of $0.22, missing the $0.44 estimate. Sales were $1.137B, slightly below the $1.142B estimate but up 32.08% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:09 am

AMD

NVDA

AMD shares surged over 9% in premarket trading after reporting strong Q2 results and positive revenue guidance, driven by record data center revenue. This positive sentiment also lifted Nvidia shares by 5.40%.

Portfolio Pulse from Shanthi Rexaline

July 31, 2024 | 9:07 am

UMC

United Microelectronics (UMC) expects Q3 wafer shipments to grow by mid single digit percentage and firm average selling price quarter-over-quarter.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:05 am

AMD

MSFT

NVDA

Microsoft Corp. (NASDAQ:MSFT) announced a special one-time bonus for employees after beating Q4 earnings estimates. The bonus, ranging from 10% to 25% of the regular annual bonus, aims to retain talent in the competitive AI market. Despite the positive earnings report, Microsoft's stock fell 0.89% on Tuesday and 2.72% in after-hours trading.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 8:52 am

GSK

GSK has revised its 2024 financial outlook, expecting turnover growth of 7%-9%, core operating profit growth of 11%-13%, and core EPS growth of 10%-12%. These figures are higher than the previous estimates.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:49 am