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PAC

Grupo Aeroportuario del (NYSE:PAC) reported Q2 2024 earnings per share of $3.46, beating the analyst estimate of $3.01 by 14.92%. However, sales of $421.466 million missed the $454.752 million estimate by 7.32%. EPS increased by 45.95% year-over-year, while sales decreased by 10.85%.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:32 am

AMZN

GOOG

GOOGL

Amazon's strategy of selling Echo devices at low prices has resulted in billions of dollars in losses. CEO Andy Jassy is rethinking the business model, including launching a paid tier for Alexa. The company is also re-evaluating the 'downstream impact' metric developed under Jeff Bezos.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 5:15 am

LOGI

Logitech has raised its full-year outlook for Fiscal Year 2025, now expecting sales of $4.34B-$4.43B (previously $4.3B-$4.4B) versus a $4.369B consensus, and non-GAAP operating income of $700M-$730M (previously $685M-$715M).

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:11 am

LOGI

Logitech International (NASDAQ:LOGI) reported strong Q1 2025 earnings, with an adjusted EPS of $1.13 beating the $0.86 estimate and sales of $1.088 billion surpassing the $1.035 billion estimate. This represents significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:05 am

CLSK

CORZ

HOOD

IREN

MARA

MSTR

RIOT

Bernstein analysts predict that a potential Trump victory in the 2024 elections could significantly impact the cryptocurrency market, particularly Bitcoin. They highlight seven key cryptocurrency stocks that could benefit from a positive shift in regulations if Trump is reelected. These stocks include Riot Platforms Inc. (RIOT), CleanSpark Inc. (CLSK), Marathon Digital Holdings Inc. (MARA), Core Scientific Inc. (CORZ), Iris Energy Ltd. (IREN), Robinhood Markets Inc. (HOOD), and MicroStrategy Inc. (MSTR).

Portfolio Pulse from Aniket Verma

July 23, 2024 | 4:03 am

GOOG

GOOGL

Google's $23 billion acquisition of cloud security startup Wiz has been called off due to antitrust and investor concerns. Wiz will now pursue an IPO. The deal would have significantly boosted Google's cloud security capabilities, helping it compete with Microsoft and Amazon. Alphabet's stock saw a slight increase following the news.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 3:54 am

ENSUSD

ETCUSD

ETHUSD

The SEC has approved the first-ever Ethereum spot ETFs, set to begin trading tomorrow. This news has led to significant gains for Ethereum Name Service (ENS) and Ethereum Classic (ETC), which have outperformed Ethereum (ETH) in the last 24 hours. ENS surged over 5% with a 66% increase in trading volume, while ETC rose 3% with a 184% increase in trading volume.

Portfolio Pulse from Aniket Verma

July 23, 2024 | 3:25 am

AMC

CRWD

NVDA

TSLA

Major U.S. indices closed higher on Monday, with notable movements in Nvidia, CrowdStrike, AMC, Verizon, and Tesla stocks. Nvidia rose due to new AI chip development, CrowdStrike fell after an IT outage, AMC increased following debt restructuring plans, Verizon dropped after missing sales estimates, and Tesla rose ahead of its earnings report.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 3:10 am

CRWD

MSFT

CrowdStrike CEO George Kurtz is set to testify before Congress regarding a recent global tech outage caused by a faulty update to CrowdStrike's security software. The incident affected millions of devices running on Microsoft's Windows OS, leading to significant disruptions across various industries. CrowdStrike's stock has dropped sharply, and analysts have downgraded the stock due to concerns over the company's handling of the situation.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 3:00 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

Leading cryptocurrencies traded flat as the SEC approved spot ETFs for Ethereum. Bitcoin remained stable, while Ethereum saw selling pressure and a whale transferred $30 million in Ether to Binance. The market saw significant liquidations, and analysts suggest buying the dip in Ethereum.

Portfolio Pulse from Aniket Verma

July 23, 2024 | 2:50 am