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NOAH

Noah Holdings has announced a $50 million share repurchase program, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:42 pm

NOAH

Noah Holdings Limited has announced a $50 million share repurchase program for its American depositary shares or ordinary shares, effective immediately, with a two-year term. This move is part of the company's strategy to enhance shareholder returns.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:41 pm

NVDA

SOX

Nvidia's Q2 earnings and revenue exceeded expectations, driven by strong data center revenue. Despite issuing positive Q3 guidance and announcing a $50 billion stock repurchase, Nvidia's stock fell 3.6% in after-hours trading due to concerns over gross margin contraction and potential delays in the Blackwell AI chip. Nvidia's stock has gained 154% year-to-date, outperforming major indices.

Portfolio Pulse from Shanthi Rexaline

August 28, 2024 | 8:40 pm

OKTA

Okta, Inc. (NASDAQ:OKTA) reported strong Q2 results, beating EPS and sales estimates, and achieving record profitability. The company also provided a positive outlook for Q3 and fiscal year 2025. Despite the positive results, Okta shares fell 7.64% after-hours.

Portfolio Pulse from Erica Kollmann

August 28, 2024 | 8:39 pm

ICD

The New York Stock Exchange (NYSE) has announced it will begin delisting proceedings against Independence Contract Drilling, Inc. (ICD). This decision follows ICD's failure to meet the NYSE's continued listing standards.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:39 pm

CRM

Salesforce reported strong Q2 earnings, beating revenue and EPS estimates. The company highlighted its new AI platform and announced a CFO transition. Salesforce raised its full-year earnings outlook, and shares rose 3.51% after hours.

Portfolio Pulse from Adam Eckert

August 28, 2024 | 8:35 pm

COO

Cooper Companies shares rose following the release of Q3 financial results that exceeded expectations. The company also provided Q4 and FY25 guidance that surpassed estimates.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:34 pm

DIS

WBD

Vice President Kamala Harris will give her first TV interview since becoming the Democratic nominee for the 2024 presidential election. The interview with CNN's Dana Bash will air on Thursday at 9 p.m. ET. This marks Harris' first major media appearance since President Biden exited the race. The interview could clarify her policies on key issues.

Portfolio Pulse from Chris Katje

August 28, 2024 | 8:31 pm

NDRA

ENDRA Life Sciences shares rose after the company received an extension to regain compliance with Nasdaq listing requirements.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:31 pm

DVN

Devon Energy (NYSE:DVN) has delivered an average annual return of 15.08% over the past 5 years, outperforming the market by 1.14% annually. A $1000 investment in DVN 5 years ago would be worth $2,018.56 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 8:30 pm