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News Digest /
Lukas Schmidt
Author: Lukas Schmidt
08:46am, Tuesday, Jul 23, 2024
MSCI Inc. (NYSE: MSCI) reported a nearly 12% rise in Q2 adjusted profits, driven by increased client spending. With a 14.4% surge in recurring subscription revenue, the firm's strong performance amid market volatility makes it a compelling investment for traders.
08:40am, Tuesday, Jul 23, 2024
Samsung Electronics faces escalating labor tensions as negotiations with its main union reach an impasse amid an ongoing strike over pay and benefits. With crucial proposals due by July 29, concerns rise about potential impacts on production and stock performance in the semiconductor market.
08:38am, Tuesday, Jul 23, 2024
MakeMyTrip Limited (NASDAQ: MMYT) reported strong Q1 results, surpassing EPS expectations at $0.39 and revenues of $254.52M. The stock soared 3.7%, driven by robust growth in air ticketing and optimistic outlooks for India's travel sector.
08:15am, Tuesday, Jul 23, 2024
Lockheed Martin (NYSE: LMT) surpassed Q2 2024 expectations with EPS of $7.11 and revenues of $18.1 billion, driven by strong defense demand. The company raised its 2024 forecasts, highlighting robust cash flow and shareholder returns. A promising outlook for traders!
08:04am, Tuesday, Jul 23, 2024
Spotify (NYSE: SPOT) posted strong quarterly results, exceeding profit expectations and boosting shares by 14%. With a profit of €1.11 billion and EPS of €1.33, Spotify's cost-cutting measures are paying off, though it fell slightly short on user growth targets. Investors should watch for future ...
08:02am, Tuesday, Jul 23, 2024
HCA Healthcare's shares surged 7% premarket after Q2 results surpassed expectations, with revenues hitting $17.49B and EPS at $5.53. Strong demand led to raised 2024 EPS and revenue forecasts, reflecting positive trends in the healthcare sector.
04:04am, Tuesday, Jul 23, 2024
CrowdStrike (NASDAQ: CRWD) has dropped 23% in two days following a disruptive software update affecting multiple sectors. Traders should monitor key support levels at $261, $212, and $190, amid signs of overselling and potential rebound opportunities.
04:01am, Tuesday, Jul 23, 2024
Delta Air Lines faces operational turmoil following a cyber incident, leading to 4,000 cancellations and a 3.5% decline in shares. CEO Ed Bastian warns of further difficulties as systems recover. Customer dissatisfaction rises amid peak travel challenges.
03:58am, Tuesday, Jul 23, 2024
Wiz, an Israeli cybersecurity startup, has ended talks for a $23 billion acquisition by Alphabet Inc. (GOOGL) to focus on an IPO. Wiz's CEO, Assaf Rappaport, expressed optimism despite declining the offer, which would have marked Alphabet's largest acquisition.
04:02am, Monday, Jul 22, 2024
Joe Biden's exit from the presidential race has shifted market dynamics, casting uncertainty on the so-called "Trump trade." Investors are reassessing strategies amid potential volatility, with a focus on Bitcoin, long-term US bonds, and sector-specific stocks.
03:48am, Monday, Jul 22, 2024
Nvidia (NASDAQ: NVDA) will launch a custom version of its "Blackwell" AI chips for China, adhering to U.S. export restrictions. Collaborating with Inspur, the new "B20" chip aims to outpace competitors. Nvidia's China revenue fell to 17% in FY2023 amid tightening U.S. semiconductor export controls.
03:36am, Monday, Jul 22, 2024
Vodafone (NASDAQ: VOD) has sold an additional 10% stake in Vantage Towers for 1.3 billion euros. This move aligns with its strategy to reduce debt, netting a total of 6.6 billion euros from Vantage Towers stake sales. Vodafone now holds a 44.7% effective ownership.
03:29am, Monday, Jul 22, 2024
Dolce & Gabbana explores fresh investment avenues, hints at potential stock market debut. CEO Alfonso Dolce emphasizes commitment to ethical growth amid robust revenue growth of 17% (€1.871B). Expanding in the US with 12 new stores, they signal promising investor prospects.
03:13am, Friday, Jul 19, 2024
Hawaiian Electric Industries Inc. (NYSE: HE) faces a proposed $4 billion settlement over 2023 Maui wildfires lawsuits. The utility will contribute $1.5 billion, with other parties also paying. HE shares surged 51% to $19.20. Final judicial approval is pending.
03:11am, Friday, Jul 19, 2024
Schindler (SIX: SCHP) experienced a Q2 order intake dip to 2.98 billion Swiss francs, mainly due to a sluggish Chinese construction sector. Despite this, orders slightly exceeded expectations. Growth in service and modernization offset weak new installations in Asia-Pacific, excluding China. Posi...