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AAPL

GOOGL

MSFT

Apple Inc. (NASDAQ:AAPL) may charge up to $20 for its advanced AI features, potentially boosting its services segment. This move contrasts with rivals like Google (NASDAQ:GOOGL) and Samsung, which currently offer many AI services for free. The high cost of AI development is a driving factor behind this potential pricing strategy.

Portfolio Pulse from Benzinga Neuro

August 08, 2024 | 8:00 am

ACVA

ACV Auctions has provided its guidance for Q3 2024 and the full year 2024. The company expects Q3 revenue between $158 million and $162 million, and full-year revenue between $615 million and $625 million. This represents a significant year-over-year increase. Despite expected GAAP net losses, the company anticipates positive non-GAAP net income and adjusted EBITDA for both periods.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:30 am

KIND

Nextdoor Holdings expects a 10% year-over-year revenue growth for FY24, compared to the estimated $233.4 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:27 am

BNGO

Bionano Genomics has revised its 2024 revenue guidance to $36M-$40M, down from the previous $37M-$41M, and below the $38.08M consensus. The company also expects Q3 2024 revenue to be $7.9M-$8.9M, significantly lower than the $10.09M consensus.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:16 am

GOOG

GOOGL

YouTube Shorts, Google's (NASDAQ:GOOG) (NASDAQ:GOOGL) short-form video platform, has reached 1 trillion views in India. CEO Neal Mohan announced this milestone at the YouTube Brandcast event in New Delhi, highlighting the platform's immense popularity and the flourishing creator community in India.

Portfolio Pulse from Ananthu C U

August 08, 2024 | 6:59 am

QSR

Restaurant Brands International Inc. (NYSE:QSR) is set to release its Q2 earnings on Aug. 8, 2024. Analysts expect earnings of 87 cents per share and revenue of $2.03 billion. Recent analyst ratings include a mix of Underperform, Equal-Weight, Buy, and Overweight, with price targets ranging from $79 to $88. The company recently announced investments to drive growth in China.

Portfolio Pulse from Avi Kapoor

August 08, 2024 | 6:50 am

AAPL

GOOG

GOOGL

Alphabet (GOOGL, GOOG) faces a significant antitrust ruling, deemed 'credit negative' by Moody's, which may force the company to alter its profitable business model. The ruling also negatively impacts Apple (AAPL) due to its revenue from Google being the default search engine on iOS devices. The financial implications for both companies will become clearer during the remedy phase of the trial.

Portfolio Pulse from Shanthi Rexaline

August 08, 2024 | 6:46 am

FBLG

FibroBiologics, Inc. (NASDAQ:FBLG) reported Q2 earnings of $0.03 per share, significantly beating the analyst consensus estimate of $(0.09) and showing a 137.5% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:40 am

BLBD

LLY

USFD

Eli Lilly, US Foods, Blue Bird, Outset Medical, and Parker-Hannifin are stocks to watch today. Eli Lilly and US Foods are expected to report earnings, Blue Bird reported strong Q3 results and a new CEO, Outset Medical reported poor Q2 results and cut FY24 guidance, and Parker-Hannifin is also expected to report earnings.

Portfolio Pulse from Avi Kapoor

August 08, 2024 | 6:26 am

AMD

SMCI

The article discusses a trading strategy implemented during a market downturn, focusing on hedging and adding positions based on specific stock metrics. Super Micro Computer, Inc. (SMCI) and Advanced Micro Devices, Inc. (AMD) are highlighted, with a detailed example of a successful trade involving SMCI.

Portfolio Pulse from David Pinsen

August 08, 2024 | 6:26 am