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SMTC

Semtech shares rise as the company reports better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:24 pm

INTC

NVDA

Intel's stock remains flat as the semiconductor sector awaits Nvidia's Q2 earnings. Nvidia's strong expected results could impact the sector. Intel's shares have dropped over 30% after disappointing Q2 results and announced cost-cutting measures, including a dividend suspension.

Portfolio Pulse from Henry Khederian

August 27, 2024 | 8:23 pm

AMBA

Ambarella reported better-than-expected Q2 2025 results with an adjusted EPS of $(0.13), beating the estimate of $(0.19), and sales of $63.724M, surpassing the $62.097M estimate. This marks a 2.58% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:22 pm

AMBA

Ambarella shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:19 pm

JWN

Nordstrom shares are experiencing an increase in trading activity following the release of their Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:18 pm

OOMA

Ooma reported Q2 2025 earnings per share of $0.15, surpassing the analyst estimate of $0.14. The company's sales were $64.1 million, also beating the expected $62.72 million. However, sales showed no growth compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:18 pm

SMTC

Semtech (NASDAQ:SMTC) reported Q2 earnings of $0.11 per share, beating the $0.09 estimate, but down from $0.13 last year. Sales were $215.40M, surpassing the $212.30M estimate, yet down from $238.37M last year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:17 pm

PVH

PVH reported Q2 2024 earnings of $3.01 per share, surpassing the $2.29 estimate and marking a 52.02% increase from last year. Sales were $2.074 billion, slightly above the $2.067 billion estimate but down 6.03% from last year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:17 pm

RCFA

Perception Capital Corp. IV has received a delinquency notice from the NYSE due to its failure to file a required quarterly report. This notice could impact the company's stock price and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:16 pm

LULU

Deep-pocketed investors are showing significant interest in Lululemon Athletica (NASDAQ:LULU) options, with a slight bearish tilt. The options activity is unusually high, with a mix of puts and calls suggesting a price range between $185 and $400. Analysts have mixed ratings, with a consensus target price of $327. Earnings are expected in 2 days.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 8:15 pm