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AMD

GOOGL

MSFT

Jim Cramer, host of CNBC's 'Mad Money,' advised investors to remain cautious and not make hasty decisions amid recent market volatility. He suggested waiting for earnings reports and analyst reflections, noting tech stocks' reversal, with Microsoft showing strong cloud revenue, Alphabet missing ad revenue expectations, and AMD's forecast falling short of Wall Street predictions. The market's concentration in top tech stocks was compared to the dot-com bubble era, emphasizing the importance of the current earnings season for these companies.

Portfolio Pulse from Benzinga Neuro

January 31, 2024 | 10:11 am

GSK

GSK (NYSE:GSK) reported Q4 earnings with an EPS of $0.718, missing the estimate of $0.75 by 4.27%. Revenue increased by $1.41 billion from the same period last year. Despite beating EPS estimates last quarter, GSK's share price dropped by 1.19% the following day.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 10:05 am

INTC

MSFT

TEAM

Microsoft Corp. (MSFT) and Intel Corp. (INTC) are optimistic about the PC market's recovery, with Microsoft reporting a 9% increase in Windows OEM revenue and focusing on AI integration in PCs. Microsoft's 'Devices' revenue is expected to decline in March 2024, but the company is highlighting AI advancements, including the Copilot key and AI assistant on over 75 million PCs. Intel is aligning with Microsoft's AI focus to drive revenue growth. Analyst firm Counterpoint Research and IDC data indicate early signs of recovery in the global PC industry. Atlassian Corp. (TEAM) is among the companies using Microsoft's Copilot ecosystem for business needs.

Portfolio Pulse from Rounak Jain

January 31, 2024 | 10:03 am

AMD

Keybanc analyst John Vinh has maintained an Overweight rating on Advanced Micro Devices (AMD) and increased the price target from $195 to $270. This adjustment reflects a positive outlook on AMD's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 10:02 am

UMC

United Microelectronics (NYSE:UMC) reported Q4 earnings with an EPS of $0.173, beating estimates by 15.33% but with a revenue decrease of $420 million from the previous year. Despite beating EPS estimates last quarter, the share price dropped by 0.28% the following day.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 10:00 am

AAPL

SSNLF

Analyst Ming-Chi Kuo predicts a 15% year-over-year decline in iPhone shipments for Apple Inc. (AAPL) by 2024 due to competition from foldable phones, Huawei's resurgence in China, and AI-driven phone designs. Apple's shipments in China have already decreased by 30-40% compared to last year, and the company has reduced its shipment forecast for the iPhone 15 in 2024. In contrast, Samsung (SSNLF) has increased shipments of its Galaxy S24 series by 5-10%. Apple's major iPhone design changes are not expected until 2025, potentially affecting its market position and ecosystem growth.

Portfolio Pulse from Ananya Gairola

January 31, 2024 | 9:13 am

FFIV

GOOG

GOOGL

MSFT

PSX

QCOM

The Fear and Greed Index moved to the 'Greed' zone at 74.1, indicating a shift in market sentiment. U.S. stocks closed mixed ahead of the Fed's rate decision, with expectations of unchanged rates. General Motors and F5, Inc. reported strong earnings, boosting their shares. Microsoft and Alphabet released earnings after the close. Economic data showed a rise in home prices and job openings. Investors are looking forward to earnings from Phillips 66, Boeing, QUALCOMM, and Mastercard.

Portfolio Pulse from Avi Kapoor

January 31, 2024 | 9:12 am

EWG

Germany's unemployment change for January showed a decrease of 2,000, beating the estimate of an 11,000 increase and improving from the prior 5,000 increase. This indicates a stronger German labor market than expected.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:04 am

GOOG

MSFT

PSX

QCOM

U.S. stock futures are trading lower with investor focus on upcoming earnings reports. Boeing (BA) is expected to report a quarterly loss before the opening bell, while Alphabet (GOOG, GOOGL) shares dropped after Q4 earnings with lower ad sales. QUALCOMM (QCOM) is anticipated to post earnings after market close. Microsoft (MSFT) reported better-than-expected Q2 results, and Phillips 66 (PSX) is also expected to report earnings before the market opens.

Portfolio Pulse from Avi Kapoor

January 31, 2024 | 8:56 am

RKLB

Rocket Lab USA, Inc. successfully launched its first Electron mission of 2024, carrying payloads for Spire Global, Inc. and NorthStar Earth & Space. The mission is focused on space-junk management, marking a positive start to Rocket Lab's busy launch schedule for the year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 8:48 am